Lake Tahoe & Truckee July Real Estate Sales Stats

August 7, 2010

Another 72 homes sold in the Tahoe/Truckee area last month. 442 single family homes have now sold in 2010. The most homes sold last month were in Truckee and the North Shore of Lake Tahoe with 17 homes selling in each area. 13 homes sold in Tahoe Donner and 12 on the West Shore of Lake Tahoe. 2 homes sold in Alpine/Squaw, 1 in Northstar, and 2 in Lahontan. 29 homes sold in the $300K-$499K price range. Another 17 sold for under $299K. We saw more activity in the upper end market last month with 12 homes selling for over $1 million and 1 over $3 million! 19 condos sold last month.

This information was taken from our local multiple listing service and is for the dates of July 1-31, 2010. Click on the image below for an enlarged version of the chart and more info.

Lake Tahoe & Truckee June Real Estate Sales Stats

July 3, 2010

71 single family homes sold last month! This makes a total of 370 sold properties year to date. For last month’s home sales, most of the activity was in Truckee with 21 homes selling and Northshore Lake Tahoe with 15 homes selling. We are continuing to see the most activity in the $300K-$499K price range. 17 homes sold for $299K or under, 26 homes sold in the $300K-$499K range, and 14 in the $500K-$699K range. 7 homes sold for over $1 million and 1 the most expensive home sold for $12.4 million! 16 condos sold last month.

This information was taken from our local multiple listing service and is for the dates of June 1-30, 2010. Click on the image below for an enlarged version of the chart.

May Tahoe Donner Market Update

June 4, 2010

chalet.jpg Tahoe Donner is still seeing quite a bit of activity! 14 homes sold during the month of May 2010. This makes a total of 74 homes sold year to date. The least expensive home that sold last month was for $357K and the most expensive home sold for $1.1 million. The average home sale price was $626,117 and the median was $646,125.The homes were on the market an average of 107 days. The majority of the homes sold were in the $300K-$800K price range. 1 home that sold was a short sale and the rest were standard sales. There are now 117 homes on the market in Tahoe Donner (up from 85 last month). 13 homes listed are short sales and 5 are bank owned. 19 homes are currently in escrow. The absorption rate is around 16% and there is just over 6 months supply of inventory remaining in Tahoe Donner. Click on the link for current homes for sale in Tahoe Donner.

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