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Tahoe Donner Market Update

Real Estate Agent with Truckee Realty Broker

Tahoe Donner sales have remained fairly strong in the past few months. 4 homes sold this past week in Tahoe Donner. All 4 homes were in the $400k-$900K range. The average days on market was 56 days (down from the average of 160 days last week).  The average list to sales price was 93% but 3 of the homes sold for 99% of their original listed price. 3 homes went under contract. 1 of these homes was being sold as a short sale after being listed for 518 days. There are now 9 Tahoe Donner Homes under contract. 5 new homes came on the market this week and there are now a total of 143 single family active homes in Tahoe Donner. The absorption rate is around 6% and there is almost 16 months of inventory remaining. For more information about Truckee and Tahoe Donner real estate click here.