The number of homes listed is continuing to go up in Tahoe Donner with 16 more homes coming on the market last week. There are now 122 single family homes listed. 5 homes went pending last week. The listed prices were $349,900, $500K, $629K, $749K, and $1,050K. 16 Tahoe Donner homes are now in escrow. 1 of these is a short sale and the rest are standard sales. 2 homes sold in Tahoe Donner last week. The homes sold for $510K and $690K and were on the market an average of just 17 days. The average original list to sales price was 91%. The absorption rate in Tahoe Donner is currently around 13% and there is about 7 1/2 months of inventory remaining (a "normal" market is around 6 months of inventory). Click on the links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs. For more information about Tahoe Donner or Truckee real estate click here.
Inventory is going up in Truckee again. 8 new homes came on the market in Tahoe Donner last week. There are now 106 single family homes listed. 1 home listed for $349,900 went into contract last week. There are now 16 Tahoe Donner homes in escrow. 2 homes sold last week - 1 for $357K and 1 for $625K. The homes were on the market an average of just 60 days and the average original list to sales price was 91%. The absorption rate in Tahoe Donner is currently around 15% and there is about 6 1/2 months of inventory remaining (a "normal" market is around 6 months of inventory). Click on the links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs. For more information about Tahoe Donner and Truckee real estate click here.
Tahoe Donner inventory is starting to go back up. 14 new homes came on the market this week! There are now 99 single family homes listed in Tahoe Donner. 5 homes went pending this past week. 17 Tahoe Donner homes are now in escrow. 4 homes sold last week. The sold prices of the homes were $730K, $790K, and $822,500. They were all standard sales (not REOs/foreclosures or short sales). The homes were on the market an average of 106 days and the average original list to sales price was 88%. The absorption rate in Tahoe Donner is currently around 17% and there is about 5 1/2 months of inventory remaining (a "normal" market is around 6 months of inventory). Click on the links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs. For more information about Tahoe Donner and Truckee real estate click here.
5 more homes sold in Tahoe Donner last week. The sold prices were $365K, $410K, $450K, $667,250, and $1.1 million. The homes were on the market an average of 98 days and the average original list to sales prices was 89%. 6 homes went into escrow last week. The listed prices varied from $265K to $1,250,000. There are now 16 Tahoe Donner homes under contract. 13 new homes came on the market last week! We will probably start to see inventory increase more and more over the next few months. 90 homes are now on the market in Tahoe Donner. The absorption rate in Tahoe Donner is currently around 18% and there is about 5 1/2 months of inventory remaining (a "normal" market is around 6 months of inventory). Click on the links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs. For more information about Tahoe Donner and Truckee real estate click here.
4 homes went into escrow in Tahoe Donner last week. 2 were listed in the $500K range, 1 in the $600K range, and 1 in the $800K range. There are now 15 Tahoe Donner homes under contract. 1 home sold in Tahoe Donner last week. The home was originally listed for $450K and sold for $455K (99% original list to sales price). The home was a standard sale (not short sale or REO) and it appears as though it was only on the market for 1 day. 7 new homes came on the market last week. There are now 85 single family homes listed. The absorption rate in Tahoe Donner is currently around 18% and there is about 5 1/2 months of inventory remaining (a "normal" market is around 6 months of inventory). Click on the links for current listed Tahoe Donner Short Sales and Tahoe Donner REOs. For more information about Tahoe Donner and Truckee real estate click here.
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