Tahoe Donner Weekly Real Estate Update

6 homes and 3 condos went pending in Tahoe Donner this past week! Of the single family homes that went under contract, 3 were in the $300K range, 2 in the $500K range, and 1 in the $600K range. There are now a total of 24 Tahoe Donner homes under contract. Only 1 home sold in Tahoe Donner this past week. It was originally listed for $579K, on the market for 89 days, and sold for $524K. The home sold for 91% of the original listed price.  6 new homes and 2 new condos came on the market last week. There are now a total of 158 active single family homes listed in Tahoe Donner. The absorption rate in Tahoe Donner is around 15% and there is about 6.5 months of inventory remaining. Click on these links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs.