Weekly Tahoe Donner Market Update

We are seeing quite a bit of activity with home sales in Tahoe Donner. 6 more homes sold last week! The sale prices were $345K, $440K, $504K, $555K, $585K, and $775K. One home was a bank owned property and the rest were standard sales. The homes were on the market an average of just 26 days and the average original list to sales price was 93%. 6 homes went pending last week to make a total of 33 Tahoe Donner homes now in escrow.  4 new homes came on the market in Tahoe Donner last week. There are now 161 active single family homes listed. The absorption rate in Tahoe Donner is now around 20% and there is 4.8 months supply of inventory remaining (6 months is considered a “normal” market). Click on the links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs.