Real Estate Update for Tahoe Donner

Lots of home sales in Truckee! Another 5 homes sold in Tahoe Donner last week! This makes a total of 1570 sold homes year to date. The sold prices were $330K, $420K, $549K, $585K, and $850K. The homes were on the market an average of just 38 days which shows that the well priced homes are selling quickly! 6 homes went pending last week to make a total of 29 Tahoe Donner homes now under contract. 1o new homes came on the market in Tahoe Donner last week. There are now 159 active single family homes listed. The absorption rate in Tahoe Donner is now around 18% and there is about 5.5 months supply of inventory remaining (6 months is considered a "normal" market). Click on the link for more information about Tahoe Donner and Truckee real estate.