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Tahoe Donner Weekly Market Update

By
Real Estate Agent with Truckee Realty Broker

We saw a big number of homes sold in Tahoe Donner this past week. 6 homes sold during the week of May 31 - June 6, 2009.  2 homes that sold were in the $400K range, 2 in the $600K range, 1 in the $800K range, and 1 over $1 million. The average original list to sales price was 87% and the average days on market was 126 days. 3 homes went pending this past week - 2 in the $500K range and one that was listed in the $900K range. There are now a total of 18 Tahoe Donner Homes under contract. Only 4 new homes came on the market this past week and there are now a total of 148 active single family homes lisetd in Tahoe Donner. The absorption rate in Tahoe Donner is around 12% and there is about 8 months of inventory remaining. Click on these links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs. For more information about Tahoe Donner and Truckee Real Estate click here.