Weekly Tahoe Donner Market Update

10 new homes came on the market in Tahoe Donner last week. There are now 165 active single family homes listed. There are currently 16 Tahoe Donner Short Sales and 6 Tahoe Donner REOs. 8 homes went pending last week. There are now 33 Tahoe Donner homes in escrow. 2 homes sold last week in Tahoe Donner. The homes sold for $306K and $375K. The average days on market was 84 days and the average original list to sales price was 98%. The absorption rate in Tahoe Donner is now around 20% and there is about 5 months of inventory remaining (6 months is considered a “normal” market). The real estate market is looking good in Tahoe Donner!