Tahoe Donner Real Estate Weekly Update
July 12, 2009
Not a ton of activity in Tahoe Donner this past week (July 5-11, 2009). 2 homes went pending – both in the $400K range. There are now a total of 25 Tahoe Donner homes under contract! 2 homes sold in Tahoe Donner last week – 1 for $890,900 and the other for $925K. They were on the market an average of 457 days with and the average original list to sales price was 68%. 5 new homes came on the market this past week. There are a total of 171 active single family homes currently listed in Tahoe Donner. There is about 7 months of inventory remaining and the absorption rate is currently around 15%. Click on the link for current listed Tahoe Donner Short Sales.
Truckee Real Estate Weekly Sales Update
July 12, 2009
This graph shows some of the sales activity in the Tahoe/Truckee area during the week of July 5-11, 2009. The information for the sales was taken from the Tahoe Sierra Board of Realtors.
| AREA | Current homes/ condos | # Shrt Sals | # REO | Low | High | Avg. | Avg. days listed | SFR Pend-ing | Sold SFR | |
| Tahoe Donner | 171 | 27 | 10 | 0 | $299,900 | $2,250K | $821,699 | 118 | 24 | 2 |
| Sierra Meadows/ Prosser | 59 | 1 | 10 | 2 | $289K | $4.5 mil. | $710,884 | 133 | 5 | 0 |
| Lahanton | 30 | 0 | 1 | 0 | $1,100K | $3,800K | $2,158,533 | 286 | 1 | 1 |
| Gray’s Crossing/ Old Green. | 23 | 7 | 2 | 0 | $995K | $3,495K | $1,766,893 | 184 | 3 | 0 |
| Northstar | 41 | 69 | 2 | 1 | $589,900 | $3,995K | $1,358,312 | 221 | 1 | 1 |
| Alpine M./ Squaw Vly. | 54 | 95 | 3 | 0 | $459K | $4,900K | $1,407,564 | 178 | 3 | 0 |
| Donner Lake | 38 | 12 | 1 | 0 | $319,900 | $3,950K | $1,133,213 | 140 | 2 | 0 |
| Glenshire/ Devonshire | 64 | 0 | 16 | 2 | $239K | $12,000K | $908,653 | 148 | 11 | 2 |
Tahoe Donner Mid Year Stats 2008 vs. 2009
July 10, 2009
The following graphs compare Tahoe Donner mid year stats in 2008 compared to 2009.
The first graph shows the change in median and average price in 2008 compared to 2009. Both homes & condos have decreased in their median & average sales prices from 2008 to 2009.
The second graph compares the absorption rates in 2008 compared to 2009. April of 2008 was the same as April of 2009, May improved in 2009, and June was a little bit better in 2008
Click on the images below for enlarged versions of the graphs.
Truckee & Donner Lake Mid Year Stats 2008 vs. 2009
July 10, 2009
The following graphs show some of the market numbers from January 1, 2008 – June 30, 2008 compared to the same months in 2009.
The first graph shows the change in median and average price in 2008 compared to 2009. There has been a decrease in both the median & average prices in home & condo sales in 2009 compared to 2008.
The second graph shows the absorption rate (how quickly the inventory is being sold) in 2008 compared to 2009. These numbers show an improvement in the absorption rate for May & June of 2008 versus the same months in 2009.
Click on the images below for enlarged versions of the graphs.
The New Village at Northstar
July 9, 2009
Northstar is one of the most exciting developments in the whole Tahoe Basin! Currently under construction is Tahoe’s first 5 Star Resort – the Ritz-Carlton which is expected to open in Winter 2009. Other new developments within Northstar include the Village Walk Townhomes and the Residences at the Hyatt. Northstar has fun events for the whole family all year long and is one of the most popular family vacation spots!
Check out this interactive flip book showing more details about all these beautiful new develoments in Northstar!
