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Tahoe Donner Real Estate Update

By
Real Estate Agent with Truckee Realty Broker

There was a bit of an influx of inventory in Tahoe Donner this past week (June 7-13, 2009). 14 new homes and 3 new condos came on to make a total of 157 active single family homes and 27 active condos currently listed. 3 homes went pending this past week and there are now a total of 21 Tahoe Donner homes under contract. 2 homes sold in Tahoe Donner last week - 1 for $569K and 1 for $667K. The average days on market was only 22 days which shows that the homes that are priced well are moving fast! And the average original list to sale price was 97%. The absorption rate in Tahoe Donner is around 13% and there is about 7 months of inventory remaining. Click on the link for current listed Tahoe Donner Short Sales. For more information about Tahoe Donner and Truckee Real Estate click here.