Tahoe Donner Weekly Market Update

2 homes sold in Tahoe Donner last week. The sold prices were $535K and $680K. The average days on market was 181 days and the average original list to sales price was 83%. There have now been 21 homes that have sold in Tahoe Donner this year. 5 homes went pending last week – 1 was listed for $299K, 2 were in the $400K range, 1 in the $600K range and 1 in the $800K range. There are now 18 Tahoe Donner homes under contract. 6 new homes came on the market last week. There are now 80 single family homes listed in Tahoe Donner. The absorption rate in Tahoe Donner is currently around 23% and there is about 4.4 months of inventory remaining. Click on the links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs.

Truckee Real Estate Weekly Update

The following chart shows some of the sales activity for the Truckee area this past week (February 21-27, 2010). The information was taken from the Tahoe Sierra Board of Realtors.

The first few columns show active listings – number of current homes and condos. The next rows break down the numbers for active single family home listings – how many short sales, REOs, the lowest, highest & average priced home, and the average days all homes have been on the market in that area. The next column shows how many homes are currently pending and the last number shows how many homes sold in that area for this past week.

Tahoe Donner Weekly Market Update

Homes are selling in Tahoe Donner! 9 more single family homes went under contract this past week. 3 properties were in the $300K range, 3 were in the $400K-$600K range, and and 3 were in the $700K range. There are now 16 Tahoe Donner homes in escrow. 2 homes sold last week – 1 for $445K, and 1 for $985K. The average original list to sales price was 81% and the average days on market was 121 days. 3 new Tahoe Donner homes came on the market last week. There are now 77 homes listed which is an even lower number than we’ve seen in a long time! The absorption rate in Tahoe Donner is currently around 21% and there is just under 5 months of inventory remaining. Click on the links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs.

Weekly Truckee Real Estate Update

The following chart shows some of the sales activity for the Truckee area this past week (February 14-20, 2010). The information was taken from the Tahoe Sierra Board of Realtors.

The first few columns show active listings – number of current homes and condos. The next rows break down the numbers for active single family home listings – how many short sales, REOs, the lowest, highest & average priced home, and the average days all homes have been on the market in that area. The next column shows how many homes are currently pending and the last number shows how many homes sold in that area for this past week.

Truckee Short Sales & REOs

A short sale means that the property is being sold for less than the balance of what is owed on the property. An REO (Real Estate Owned) is a property that has already been through the foreclosure process and is in possession of the bank. It is interesting to note that there are currently no short sales in Northstar, Alpine Meadows, or Squaw Valley. Click on the links below to see current short sales and REOs in the Truckee area.

Truckee Short Sales (39)

Truckee REOs (8)

Donner Lake Short Sales & REOs (2)

Lahontan Short Sales (2)

Tahoe City Short Sales (1)

Tahoe Donner Short Sales & REOs (22)

West Shore Lake Tahoe Short Sales & REOs (15)

Land Short Sales (23)

Land REOs (17)

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