Tahoe Donner Weekly Market Update

7 more homes went under contract in Tahoe Donner last week! Tahoe Donner is continuing to see a ton of activity! Most of the homes that went pending were listed in the $400K price range, but 3 were in the $600K-$800K range, and 1 was listed for $1,595,000.  2 condos in the $400 range also went under contract. 4 homes were posted sold in Tahoe Donner during the week of August 23-29, 2009. The homes sold for $335K, $545K, $650K, and $705K. Their average original list to sales price was 90% and their average days on market was 90 days. 27 Tahoe Donner Homes are currently under contract and there are 171 active single family homes listed. The current absorption rate is around 16% and there is just over 6 months supply of inventory remaining. Click on the links for current listed Tahoe Donner Short Sales (11) and Tahoe Donner REOs (3).

Truckee Real Estate Update

Lots of activity with home sales in the Tahoe Truckee area! This graph shows some of the market numbers for this past week (August 23 – 29, 209). 

AREA	Current homes/ condos		# Shrt Sals	# REO	Low	High	Avg.	Avg. days listed	SFR Pend-ing	Sold SFR
Tahoe Donner	171	36	11	3	$299,000	$2,500K	$799,740	128	27	4
Sierra Meadows/ Prosser	52	1	9	4	$242K	$4.5 mil.	$692,794	151	8	0
Lahanton	31	0	0	1	$1,121,900	$3,795K	$2,158,803	291	1	0
Gray’s Crossing/ Old Green.	22	7	3	0	$995K	$3,495K	$1,783,525	219	0	0
Northstar	40	54	2	1	$569,000	$3,500K	$1,420,572	231	4	0
Alpine M./ Squaw Vly.	52	91	2	0	$488,500	$4,900K	$1,568,267	210	6	2
Donner Lake	52	15	0	0	$299,900	$4,000K	$1,066,279	137	2	0
Glenshire/ Devonshire	64	0	18	2	$215,900	$10,995K	$871,014	160	14	0

 

Tahoe Donner Weekly Market Update

There continues to be quite of lot of activity with home sales in Tahoe Donner. 7 homes sold just last week. The sold homes ranged in price from the $300K range to the $700K range. This price range (especially $500K-$600K) is where we are seeing the mast activity. The average days on market for the sold homes was 60 days and the average original list to sales price was 95%. 4 Tahoe Donner homes went under contract last week. These ranged in price from $399K to $899K. There are now 26 Tahoe Donner homes under contract. 9 new homes came on the market in Tahoe Donner last week to make a total of 176 active single family homes currently listed. The current absorption rate is around 15% and there is approximately 6 1/2 months supply of inventory remaining. Click on the links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs.

Truckee Real Estate Update

There has been quite a lot of activity in Truckee Real Estate the past few weeks. Many homes are going into escrow and selling! This chart shows some of the activity this past week. The information was taken from the Tahoe Multiple Listing Service and is for August 16-22, 2009. 
 

AREA	Current homes/ condos		# Shrt Sals	# REO	Low	High	Avg.	Avg. days listed	SFR Pend-ing	Sold SFR
Tahoe Donner	176	35	11	1	$299,000	$2,500K	$804,705	124	27	6
Sierra Meadows/ Prosser	50	1	9	4	$259,900	$4.5 mil.	$711,017	150	8	1
Lahanton	30	0	0	1	$1,121,900	$3,795K	$2,150,906	297	1	0
Gray’s Crossing/ Old Green.	22	7	3	0	$995K	$3,495K	$1,783,525	212	1	0
Northstar	41	52	2	1	$579,000	$3,500K	$1,149,460	223	3	0
Alpine M./ Squaw Vly.	53	91	2	0	$488,500	$4,900K	$1,547,584	211	6	0
Donner Lake	51	14	0	0	$299,900	$3,000K	$1,012,697	133	1	1
Glenshire/ Devonshire	65	0	20	2	$215,900	$10,995K	$871,046	163	12	0

Ski Lease Available

Great opportunity for a ski lease in town! This cute home is located on a flat, easily accessible, sunny acre. There are plenty of trails for snowshoeing and ponds for ice skating in the winter months. The home is located just 10 minutes to downtown Truckee, 20 minutes to Northstar, Donner, Sugarbowl and Boreal. Squaw and Alpine is just a 25-30 minute drive and the Reno airport is about a 30-35 minute drive. Wood and snow removal included. This ski lease will be available from December 15, 2009 - March 15, 2010 for just $1,600/month with a $1,600 deposit.

 

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