Tahoe Donner Weekly Real Estate Market Update

The well priced homes in Tahoe Donner continue to be selling. 9 homes went into contract just this week! There are a total of 24 homes current pending in Tahoe Donner right now. 6 homes sold this week with the lowest selling for $469,000 and the higest selling for $1,395,000. The average days on market was 83 days (down from past weeks) and the average list to sales price was 96%. 11 new homes came on the market in Tahoe Donner this week and there are now a total of 179 homes listed. This number is the same as last week so we may be seeing the peak for inventory in Tahoe Donner this year. The absorption rate in Tahoe Donner is currently about 13.5% (up from last week). There is still about 7 1/2 months of inventory in Tahoe Donner, but this is also down from past months.