Tahoe Donner Weekly Market Update

Sales activity in Tahoe Donner has slowed a bit this past week.  For the first time in several months, no homes were posted as sold during the week of March 15-21, 2009.  However, 4 homes and 1 condo went under contract.  2 homes were listed in the $300K range, 1 property in the $500K range, and 1 home was listed for $995K.  There are now a total of 17 Tahoe Donner Homes under contract. 9 new homes and 1 new condo listing came on the market last week in Tahoe Donner.  There are now a total of 139 active single family homes listed.  The absorption rate in Tahoe Donner is currently 12% and there is approximately 8 months of inventory remaining.  Click on these links for current listed Short Sales in Tahoe Donner and Tahoe Donner REOs.

Truckee Real Estate Sales Stats

Here is a chart showing the sales statistics for the Truckee area for the last week.  The information is for sales that took place during the week of March 15-21, 2009 and was taken from our local MLS.

AREA	Current homes/ condos		# Shrt Sals	# REO	Low	High	Avg.	Avg. days listed	SFR Pend-ing	Sold SFR
Tahoe Donner	139	27	13	1	$315K	$2,250K	$868,725	143	17	0
Sierra Meadows/ Prosser	36	1	5	0	$289K	$4.5 mil.	$836,144	143	6	0
Lahanton	28	0	1	1	$1,150K	$4,695K	$2,414,357	225	1	0
Gray’s Crossing/ Old Green.	28	2	2	2	$600K	$3,995K	$1,798,821	233	0	0
Northstar	39	86	0	0	$699K	$3,400K	$1,393,769	244	1	1
Alpine M./ Squaw Vly.	48	115	0	0	$539K	$4,900K	$1,706,177	212	0	0
Donner Lake	30	9	2	0	$319,900	$3,950K	$1,144,109	171	0	1
Glenshire/ Devonshire	43	0	15	0	$295K	$2,950K	$715,241	203	6	0

Tahoe Donner Weekly Market Update

 5 homes sold in Tahoe Donner during the week of March 8-14, 2009. 4 of these sold homes were in the $755K and under price range. 1 sold for $1,250,000. The average days on market was 220 days and the average original list to sales price was 86%. 4 homes and 1 condo went pending this past week. There are now a total of 15 single family homes in Tahoe Donner that are under contract. 10 new homes and 2 new condo listings came on the market this past week. There are now a total of 134 active single family listings in Tahoe Donner. The absorption rate is currently around 11% and there is approximately 1 year of inventory still listed. Click on these links for current listed Short Sales in Tahoe Donner and Tahoe Donner REOs.

Truckee Real Estate Sales Stats

The chart below shows sales information for the Truckee area this past week. The information was taken from our local multiple listing service and is good for the dates of March 8-14, 2009.

AREA	Current homes/ condos		# Shrt Sals	# REO	Low	High	Avg.	Avg. days listed	SFR Pend-ing	Sold SFR
Tahoe Donner	137	28	13	2	$315K	$2,550K	$887,032	146	14	5
Sierra Meadows/ Prosser	31	1	4	1	$339,500	$4.5 mil.	$861,296	150	5	0
Lahanton	28	0	1	0	$1,300K	$4,695K	$2,473,107	219	0	0
Gray’s Crossing/ Old Green.	28	2	2	2	$600K	$3,995K	$1,829K	231	1	0
Northstar	39	87	0	0	$699K	$3,400K	$1,393,769	236	2	0
Alpine M./ Squaw Vly.	46	113	0	0	$539K	$4,900K	$1,669,163	213	0	0
Donner Lake	30	7	2	0	$319,900	$3,950K	$1,168,243	165	1	0
Glenshire/ Devonshire	43	0	14	1	$295K	$2,950K	$715,681	199	5	1

Open House in Tahoe Donner Tomorrow

11940 Rhineland Ave. will be held open tomorrow, Saturday, March 14, 2009 from 10:00 a.m. to 1:00 p.m. This gorgeous new listing located in Tahoe Donner is definitely worth checking out! Click on the link above for more information about the property.

Directions: From Donner Pass Road, head North up Northwoods Blvd. Continue 4.4 miles, turn right on Snowpeak Way, then an immediate left on Rhineland. Home is located at the top of the driveway on the right immediately after turning onto Rhineland.

See you tomorrow!

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