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Truckee/Tahoe Donner Weekly Market Update

By
Real Estate Agent with Truckee Realty Broker

Real estate sales in Tahoe Donner has slowed a bit this past week.  For the first time in several months, no homes were posted as sold during the week of March 15-21, 2009.  However, 4 homes and 1 condo went under contract.  2 homes were listed in the $300K range, 1 property in the $500K range, and 1 home was listed for $995K.  There are now a total of 17 Tahoe Donner Homes under contract. 9 new homes and 1 new condo listing came on the market last week in Tahoe Donner.  There are now a total of 139 active single family homes listed.  The absorption rate in Tahoe Donner is currently 12% and there is approximately 8 months of inventory remaining.  Click on these links for current listed Short Sales in Tahoe Donner and Tahoe Donner REOs. For more information about Tahoe Donner or Truckee Real Estate click here.