Tahoe Donner Weekly Market Update

Sales activity in Tahoe Donner has slowed a bit this past week.  For the first time in several months, no homes were posted as sold during the week of March 15-21, 2009.  However, 4 homes and 1 condo went under contract.  2 homes were listed in the $300K range, 1 property in the $500K range, and 1 home was listed for $995K.  There are now a total of 17 Tahoe Donner Homes under contract. 9 new homes and 1 new condo listing came on the market last week in Tahoe Donner.  There are now a total of 139 active single family homes listed.  The absorption rate in Tahoe Donner is currently 12% and there is approximately 8 months of inventory remaining.  Click on these links for current listed Short Sales in Tahoe Donner and Tahoe Donner REOs.