Truckee Real Estate Sales Update

The following chart shows some of the sales activity for the Truckee area this past week (April 11-17, 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.

AREA	Current homes/ condos		# Shrt Sals	# REO	Low	High	Avg.	Avg. days listed	SFR Pend-ing	Sold SFR
Tahoe Donner	86	21	11	2	$299K	$1,850K	$775,026	148	16	4
Sierra Meadows/ Prosser	23	2	4	1	$280K	$4.5 mil.	$850,491	134	5	0
Lahanton	18	0	2	0	$1,425K	$2,795K	$2,076,261	368	1	0
Gray’s Crossing/ Old Green.	11	6	1	1	$650K	$2,925K	$1,652,500	211	3	0
Northstar	31	61	1	0	$648K	$4,500K	$1,550,158	392	1	0
Alpine M./ Squaw Vly.	40	79	2	0	$499K	$5,950K	$1,830,672	268	4	0
Donner Lake	23	12	3	0	$349K	$2,999K	$916,647	277	3	0
Glenshire/ Devonshire	38	0	12	0	$299,900	$1,800K	$646,555	163	9	2

Tahoe Donner Market Update

10 homes sold in Tahoe Donner last week! 1 home was in the $300K range, 1 in the $400K range, 2 in the $500K range, 1 in the $600K range, 2 in the $700K range, 1 in the $800K range, and 2 over $1 million. The average days on market was 204 days and the average original list to sales price was 92%. 3 homes sold for their asking price or more than the listed price. 2 of the sold homes were short sales and 1 was a bank owned property. There have now been 42 single family homes that have sold in Tahoe Donner year to date. 3 homes went into escrow last week. There are now 27 Tahoe Donner homes under contract. 7 new homes came on the market last week to make a total of 77 single family homes listed in Tahoe Donner. The absorption rate in Tahoe Donner is currently around 35% and there is just under 3 months of inventory remaining (a “normal” market is around 6 months of inventory). 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 (March 28-April 3, 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/Truckee March 2010 Sold Propertes

The following graph shows some of the sold properties in and around Truckee and Tahoe for March 2010. The graph represents single family home sales only and breaks down the sold properties by area. 54 single family homes sold during the month of March. There have been 156 total homes sold now year to date. The majority of home sales was in Tahoe Donner once again with a total of 14 sold homes. The most expensive home sold in Glenshire (neighborhood called Buckhorn Ridge), and the least expensive home sold in Glenshire.

Tahoe Donner 1st Quarter Market Numbers 2005-2010

These graphs compare market numbers for first quarter home sales in Tahoe Donner. The numbers reflect numbers for sold single family homes for the years 2005-2010. The number of homes sold for the first quarter was the same in 2010 as in 2009. The average price/sq. ft. for home sales has continued to go down and is currently at the lowest it has been for the past 5 years. It’s a great time to buy!

Click on the images below for enlarged versions of the graphs.

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