Weekly Tahoe Donner Update

Another 5 homes sold in Tahoe Donner last week. The sold prices were $295K, $475K, $480K, $525K, and $710K. The homes were on the market an average of 46 days and the average original list to sales price was 96%. A total of 114 single family homes have sold in Tahoe Donner so far for 2010. 11 homes went into contract last week! 37 Tahoe Donner homes are now in escrow. 4 new homes came on the market last week to make a total of 162 active single family homes listed in Tahoe Donner. The absorption rate in Tahoe Donner is now around 22% and there is about 4 months 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.