Tahoe Donner Weekly Market Update

Homes are continuing to sell in Tahoe Donner with 4 more selling this past week (May 24-30, 2009). 1 home that sold was in the $500K range, 2 in the $600K range, and 1 in the $800K range. The average days on market was 301 and the average original list to sales price was 78%. 8 homes went pending this week! The majority of these homes were in the $400K-$600K price range and 1 was listed over $1 million. There are now a total of 24 Tahoe Donner homes under contract. 9 new homes came on the market in Tahoe Donner this past week and there are now 150 active single family homes listed. The absorption rate in Tahoe Donner is around 16% and there is about 6 months of inventory remaining. Click on these links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs.