Tahoe Donner Weekly Update

6 new homes came on the market in Tahoe Donner last week. The inventory is going up a little and there are now 84 single family homes listed. 2 homes sold in Tahoe Donner last week - 1 for $505K, and 1 for $724,900. The average original list to sales price was 98% (1 home sold for its asking price) and the average days on market was just 22 days! There have now been 23 homes that have sold in Tahoe Donner year to date. 4 homes went into escrow last week – 3 were in the $500K range and 1 was listed for $1,895,000. There are now 19 Tahoe Donner homes under contract. The absorption rate in Tahoe Donner is currently around 23% and there is about 4.4 months of inventory remaining. Click on the links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs.