December Update for Tahoe Donner

There are still lots of homes selling in Tahoe Donner. In fact, there seem to be hardly enough homes on the market as inventory keeps going down and homes keep selling! Another 35 single family homes sold in Tahoe Donner during the month of December 2009. The least expensive home sold for $296K and the most expensive home sold for $1,327,950. The average days on market for these sold homes was 99 days (123 days for November 2009). The average sales price was $667,027 ($604,790 for November 2009). 227 single family homes sold in Tahoe Donner for 2009. 75 homes are still listed (very low number for Tahoe Donner). 20 homes are currently under contract. This puts the absorption rate at 27% and there is just under 4 months of inventory still on the market in Tahoe Donner. There are still some great deals on homes in Tahoe Donner!