Truckee REO Properties
January 17, 2009
[SinglePic not found] Here is a link to current listings in the Truckee area that have gone through the foreclosure process. These properties are REOs (Real Estate Owned) and they are in possession of the bank. Click on the link to see more details about the properties.
Tahoe Donner Yearly Sales Stats & Comparisons
January 16, 2009
The following charts show some sales statistics for homes sold in Tahoe Donner over the past 4 years. The first graph compares quarterly sales for 2004-2008. It shows some of the busier times for home sales and compares the number of homes sold from year to year. The next graph shows the single family homes sold in Tahoe Donner for the year 2008 by price band. The most amount of homes sold were in the $600K range. The third chart shows the median and average home sales price for homes in Tahoe Donner for the years 2004-2008. The last graph shows the total number of single family home sales for Tahoe Donner over the past four years. The numbers in all the charts show numbers moving up for the year 2008. Click on the graphs below for enlarged versions of the numbers shown.
Tahoe Donner Weekly Market Update
January 11, 2009
There were 2 home sales in Tahoe Donner this past week. 1 home sold for $342,500 and the other was a short sale that sold for $442,500. The average days on market for both properties was 202 days and the average list to sales price was 72%. 5 new Tahoe Donner homes came on the market this week. 14696 Slalom has been on the market for some time but is now listed as a short sale. 1 home listed for $965K went pending this week and there are now 10 homes under contract in Tahoe Donner. There are currently 130 active single family homes and 24 active condos listed in Tahoe Donner. The absorption rate is around 8% and there is just over 1 year of inventory on the market remaining.
Truckee Weekly Sales Stats
January 11, 2009
This chart shows the sales activity in the Truckee area for the week of January 4-11, 2008. The information was taken from the Tahoe Sierra Multiple Listing Service.
| AREA | Current homes/ condos | Low | High | Avg. | Avg. days listed | SFR Pend-ing | Sold SFR | |
| Tahoe Donner | 130 | 24 | $369K | $3,465K | $956,871 | 155 | 10 | 2 |
| Sierra Meadows/ Prosser | 33 | 0 | $269K | $4.5 mil. | $877,790 | 119 | 2 | 0 |
| Lahanton | 26 | 0 | $1,529K | $7,950K | $2,931,615 | 235 | 1 | 0 |
| Gray’s Crossing/ Old Green. | 29 | 1 | $899K | $3,995K | $1,867,586 | 200 | 2 | 0 |
| Northstar | 37 | 72 | $749K | $4,950K | $1,557,918 | 205 | 1 | 0 |
| Alpine M./ Squaw Vly. | 43 | 95 | $545K | $4,900K | $1,706,406 | 195 | 1 | 0 |
| Donner Lake | 23 | 3 | $429K | $3,950K | $1,333,173 | 169 | 0 | 1 |
| Glenshire/ Devonshire | 43 | 0 | $289K | $2,950K | $749,297 | 181 | 2 | 1 |
2008 Year End Price Banding Charts
January 8, 2009
Sue Lowe, our Corporate Vice President of Chase International has just posted the 2008 year-end statistics on the state of the market for the Lake Tahoe Basin, Truckee, Reno, Sparks and the Carson Valley.
The first chart is a price banding chart showing the number of homes sold in each area for the year 2008. The price range that saw the most activity this year were the properties that sold for $500K and under, and $500-$750K in Truckee.
The second chart shows the year end stats comparing 2007 to 2008 for median home prices, units sold, and sales volume.
Click on the graph below for an enlarged version of the charts and stats for all surrounding areas.
