Truckee Real Estate Weekly Sales Stats
May 10, 2009
This graph shows some of the sales that took place in the Truckee area during the week of April 3 – 9, 2009. The information was taken from our local multiple listing service.
| AREA | Current homes/ condos | # Shrt Sals | # REO | Low | High | Avg. | Avg. days listed | SFR Pend-ing | Sold SFR | |
| Tahoe Donner | 141 | 25 | 15 | 1 | $305K | $2,250K | $840,493 | 135 | 22 | 0 |
| Sierra Meadows/ Prosser | 40 | 1 | 8 | 0 | $289K | $4.5 mil. | $798,867 | 141 | 2 | 0 |
| Lahanton | 31 | 0 | 1 | 1 | $1,049K | $4,695K | $2,351,258 | 234 | 0 | 0 |
| Gray’s Crossing/ Old Green. | 19 | 3 | 1 | 2 | $1,095K | $3,995K | $1,845,239 | 226 | 3 | 0 |
| Northstar | 34 | 71 | 0 | 0 | $699K | $3,400K | $1,353,438 | 265 | 0 | 2 |
| Alpine M./ Squaw Vly. | 45 | 99 | 0 | 0 | $539K | $4,900K | $1,613,697 | 194 | 3 | 1 |
| Donner Lake | 28 | 11 | 2 | 0 | $319,900 | $3,950K | $1,039,271 | 161 | 6 | 0 |
| Glenshire/ Devonshire | 51 | 0 | 17 | 0 | $239K | $12,000K | $942,769 | 143 | 6 | 0 |
Tahoe Donner Active & Sold Homes April 2009
May 8, 2009
These charts break down the active listings and sold listings for single family homes in Tahoe Donner for the month of April 2009. The first chart shows the price banding for active homes in Tahoe Donner (142 total). The second chart shows the sold properties in Tahoe Donner by price band (16 total homes sold). We are seeing more and more activity in the lower price range each month. Click on the images below to see an enlarged version of the charts.
Details about FHA Loans
May 7, 2009
An FHA Loan is a Federal Assistance Mortgage loan in the U.S. insured by the Federal Housing Administration. This type of loan is typically for first time home buyers. The document below outlines some of the details of FHA Loans.
First Time Home Buyer Tax Credit
May 5, 2009
There have been all kinds of incentives for first time home buyers lately! This chart shows the specific details for the first time home buyer tax credit. It compares the credit that was created in July of 2008 with the revised credit effective in 2009. Click on the image below for an enlarged version.
Tahoe Donner Weekly Market Update
May 3, 2009
There was quite a bit of activity in Tahoe Donner this past week. 4 homes sold and 7 homes went pending. 3 of the homes that sold were in the $400K-$500K range and 1 was in the $900K range. The average original list to sales price was 86% and the average days on market was 49 days. Of the 7 homes that went pending, 6 were listed in the $300K-$600K range and 1 was over $1 million. There are now a total of 19 Tahoe Donner Homes under contract. 11 new homes came on the market this past week. 142 active single family homes are currently listed in Tahoe Donner. The absorption rate in Tahoe Donner is around 13% and there is approximately 7 months of inventory remaining. Click on these links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs.
