Tahoe Donner Market Update

There is a lot happening with the real estate market in Tahoe Donner! The most interesting real estate fact for Tahoe Donner at the moment is the small number of homes listed. There are just 89 single family homes currently listed. This number is one of the smallest numbers we have seen at least all year. There were 165 homes listed in August of this year and the inventory now is almost half of that! Homes are selling!

8 homes sold in Tahoe Donner this past week. The sold prices were $449K, $565K, $643K, $705K, $725K, $775K, $780K, and $900K. The average days on market was 95 days and the average original list to sales price was 94% and 2 homes sold for above asking price. 8 Tahoe Donner homes went into escrow this week to make a total of 33 homes under contract! 2 new homes came on the market this past week to make a total of 89 single family homes listed in Tahoe Donner. The absorption rate is now around 37% and there is about 2.7 months supply of inventory remaining. Click on the link for current listed Tahoe Donner Short Sales (16).