Tahoe Donner Weekly Market Update

Week of September 15-21, 2008 

Three homes closed this week. One sold for $380K, one for $552K, and one for $1,695,000. The average days on market for these homes was 108 days. Three homes went into escrow. One that was listed at $520K, one that was listed for $745K, and one condo that was listed at $319K. 

Week of September 22-28, 2008 

Eight homes closed this week. Two were short sales – one sold for $249K and the other sold for $327K. One home sold for $492K, two for $630K, one for $897K and two homes sold for over $1.1 million. The average days on market for these homes was 49 days. Eight homes went into escrow – one for $359K, one for $499K, three for $700K, two for $750K and one for just over $1 million.   

Week of September 29 – October 5, 2008 

Ten homes closed this week. Two homes sold for $350K, one for $555K, two for $600K, one at $656K, one at $775K, one at $841K, one for $897K, and one for $995K.  The average days on market for these homes was 99 days. One condo closed for $529K. Three homes went into escrow – one for $439K, one for $628K, and one at $1.6 million. 

Week of October 6-13, 2008 

Seven homes closed this week. There were five homes in the $500K-$600K range, one at $810K, and one at $948K. 5 homes went into escrow this week. One that was listed at $479, two in the $550K-$600K range, one for $749K, and the other at $1.4 million. One condo that was listed for $299K went into escrow.