Tahoe Donner Weekly Update

Another 8 homes sold in Tahoe Donner last week! The homes ranged in price from $249K to $805K. The average days on market was 90 days and the average original list to sales price was 94%. 2 more homes went into escrow to make a total of 34 Tahoe Donner homes under contract. 5 new homes came on the market last week. There are now 141 active single family homes listed in Tahoe Donner.  The current absorption rate around 24% and there is about 4 months supply of inventory remaining. Click on the links for current listed Tahoe Donner Short Sales (17) and Tahoe Donner REOs (5).

Truckee Real Estate Weekly Update

There are currently 171 properties in escrow in our MLS and 28 properties sold just last week. The following graphs shows some of the sales for the Truckee/Tahoe area for the week of October 18-24. 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	141	258	17	5	$274,900	$2,500K	$788,288	139	24	7
Sierra Meadows/ Prosser	31	0	6	1	$253,935	$4.5 mil.	$825,584	176	7	0
Lahanton	25	0	0	1	$1,525,000	$3,399K	$2,147,320	352	2	2
Gray’s Crossing/ Old Green.	22	5	4	0	$899,100	$3,495K	$1,754,211	236	0	0
Northstar	37	43	2	1	$527K	$3,500K	$1,409,727	267	2	0
Alpine M./ Squaw Vly.	54	70	2	1	$463,900	$5,950K	$1,741,275	209	2	0
Donner Lake	42	13	1	0	$299K	$2,899K	$946,578	187	5	2
Glenshire/ Devonshire	59	0	19	2	$239K	$2,750K	$704,036	157	16	0

Area Graphs-Sold $/Sq. Ft. 2003-2009

These graphs show the average price/sq. ft. for homes sold in each area for the years 2003-2009. The separate areas included are Truckee, Tahoe Donner, North Shore Lake Tahoe, West Shore Lake Tahoe, and Northstar. There is a similar trend with pricing for each area with the influx in 2005-2007 or 2008. Click on the images below for enlarged versions of the graphs.

Lake Tahoe North Shore & West Shore 2008 vs. 2009

The following graphs show the number of homes sold on the North Shore and West Shore of Lake Tahoe in 2008 and 2009. The first graph shows that the total number of homes sold in the first three quarters of 2008 was 101 homes. The majority of the homes sold was in the $400K-$499K price range. The second graph shows that the total homes sold year to date in 2009 is 112 homes. The most activity for homes sold this year has been in the $399K range and under. The overall number of homes sold for the same time period in 2009 is up compared to 2008. Click on the images below for enlarged versions of the graphs.

Tahoe Donner Weekly Market Update

7 homes sold in Tahoe Donner last week! That makes a total of 163 sold single family homes in Tahoe Donner year to date. Here are the prices of the sold homes from last week: $330K, $355K, $518,500, $535K, $585K, $716K, and $1,275K. The average days on market was just 85 days and the average original list to sales price was 91%. 6 Tahoe Donner homes went under contract last week. There is now a total of 33 homes in escrow. 4 new homes came on the market last week. 137 single family homes are now listed in Tahoe Donner. This makes the current absorption rate around 24% and there is about 4 months supply of inventory remaining. Click on the links for current listed Tahoe Donner Short Sales (16) and Tahoe Donner REOs (2).

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