Tahoe Donner Weekly Market Update
September 27, 2009
5 homes went pending in Tahoe Donner last week. There is now a total of 38 Tahoe Donner homes under contract! 3 homes sold during the week of September 20-26, 2009 – 1 for $449,000, 1 for $568,500, and 1 for $1,279,000. The average original list to sales price was 85% and the average days on market was just 32 days. 6 new homes came on the market in Tahoe Donner last week. There are now 158 active single family homes listed in Tahoe Donner. The current absorption rate is around 24% and there is just over 4 months supply of inventory remaining. Click on the links for current listed Tahoe Donner Short Sales (11) and Tahoe Donner REOs (5).
Truckee Real Estate Weekly Update
September 27, 2009
We are seeing higher numbers of homes that are in escrow and selling each week. In our entire MLS there are 210 properties currently under contract! This chart shows some of the sales activity in the Truckee area. The information was taken from our local multiple listing service and is for the dates September 20-26, 2009.
| AREA | Current homes/ condos | # Shrt Sals | # REO | Low | High | Avg. | Avg. days listed | SFR Pend-ing | Sold SFR | |
| Tahoe Donner | 156 | 35 | 11 | 5 | $305K | $2,500K | $809,295 | 131 | 38 | 3 |
| Sierra Meadows/ Prosser | 35 | 0 | 6 | 1 | $253,935 | $4.5 mil. | $803,600 | 185 | 11 | 4 |
| Lahanton | 29 | 0 | 0 | 1 | $1,088,900 | $3,795K | $2,182,272 | 318 | 2 | 0 |
| Gray’s Crossing/ Old Green. | 21 | 6 | 3 | 0 | $995K | $3,495K | $1,758,264 | 244 | 0 | 1 |
| Northstar | 39 | 41 | 1 | 1 | $559K | $3,500K | $1,419,535 | 246 | 2 | 1 |
| Alpine M./ Squaw Vly. | 51 | 86 | 2 | 0 | $488,500 | $5,500K | $1,641,782 | 219 | 4 | 0 |
| Donner Lake | 48 | 13 | 1 | 0 | $299K | $4,000K | $1,094,985 | 158 | 4 | 2 |
| Glenshire/ Devonshire | 66 | 0 | 20 | 1 | $239K | $10,995K | $880,460 | 164 | 13 | 0 |
Tahoe Donner Weekly Market Update
September 20, 2009
Another 5 homes went under contract in Tahoe Donner last week! The homes ranged in price from $257K to $835K. There are now a total of 36 Tahoe Donner homes in escrow. 6 homes sold during the week of September 13-19, 2009. The homes sold for $449,900, $607K, $675K, $700K, $709K, and $839K. The average days on market was 154 days and the average original list to sales price was 88%. 6 new homes came on the market this week and there now a total of 158 active single family homes listed in Tahoe Donner. The current absorption rate is around 23% and there is just over 4 months supply of inventory remaining. These numbers show a stronger market. Click on the links for current listed Tahoe Donner Short Sales (12) and Tahoe Donner REOs (4).
Truckee Real Estate Weekly Update
September 20, 2009
We are continuing to see an increase in the number of pending and sold homes in the area. There are currently 215 properties in escrow in our entire MLS! The following is a chart showing some of the sales activity in the Truckee area during the week of September 13-19, 2009. The information was taken from the Tahoe Sierra Multiple Listing Service.
| AREA | Current homes/ condos | # Shrt Sals | # REO | Low | High | Avg. | Avg. days listed | SFR Pend-ing | Sold SFR | |
| Tahoe Donner | 158 | 34 | 12 | 5 | $305K | $2,500K | $807,875 | 129 | 36 | 6 |
| Sierra Meadows/ Prosser | 39 | 0 | 7 | 1 | $253,935 | $4.5 mil. | $767,757 | 185 | 13 | 2 |
| Lahanton | 29 | 0 | 0 | 1 | $1,121,900 | $3,795K | $2,183,410 | 311 | 0 | 0 |
| Gray’s Crossing/ Old Green. | 21 | 7 | 3 | 0 | $995K | $3,495K | $1,787,788 | 237 | 1 | 0 |
| Northstar | 40 | 43 | 2 | 1 | $559K | $3,500K | $1,398,922 | 236 | 3 | 1 |
| Alpine M./ Squaw Vly. | 56 | 89 | 2 | 0 | $463,900 | $5,500K | $1,581,817 | 208 | 2 | 1 |
| Donner Lake | 47 | 13 | 1 | 0 | $299K | $4,000K | $1,106,611 | 154 | 6 | 0 |
| Glenshire/ Devonshire | 63 | 0 | 19 | 1 | $215,900 | $10,995K | $892,319 | 167 | 12 | 2 |
Tahoe Truckee Average Price Per Square Foot 2008 vs. 2009
September 15, 2009
Many have been asking “Have we hit bottom yet?” From some of the numbers we have seen, it really depends on which price band you are looking at. According to some market numbers, we see that some price bands are actually going up.
Where are the best deals out there right now? Which price range has seen the most signicant drop and where are the best values? The following charts show the average price/square foot for homes sold in 2008 compared to 2009. The first graph shows numbers for the entire MLS. The second is for homes in Tahoe Donner, third for homes on the North Shore, and last for homes on the West Shore. The charts are broken down by price band for each year.
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