Tahoe Donner Weekly Market Update

We have seen quite a lot of activity in Tahoe Donner in the past couple days especially. 12 homes went pending this week! The majority of these listings were in the $600K range. 13 new homes and 1 new condo came on the market this week. There are still 171 current single family homes listed giving us about 7 months of inventory. Currently there are 24 homes under contract in Tahoe Donner. The absorption rate for the Tahoe Donner area is about 14%. 2 homes were posted as sold this week – one for $575,000 and the other for $615,000.  The homes that are priced well seem to be going fast!