Tahoe Donner Market Update – August 2010
September 3, 2010
Lots of activity with home sales in Tahoe Donner! 24 homes sold during the month of August 2010! The lowest priced home sold for $295K and the highest priced home sold for $1.1 million. The average price was $541,583 and the median price was $525K. The average days on market was just 44 days! This shows that the well priced homes are selling quickly! 2 homes were bank owned properties, 1 was a short sale and the rest were standard sales. There are currently 159 active single family homes listed in Tahoe Donner. 7 of these are REOs and 13 are short sales. 29 homes are under contract. The absorption rate is around 18% and there is 5.4 months supply of inventory remaining in Tahoe Donner. Click on the link for current homes for sale in Tahoe Donner.
May Tahoe Donner Market Update
June 4, 2010
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.
