Lake Tahoe & Truckee January 2011 Real Estate Sales Stats

The year is starting off on positive note with real estate sales during the first month of 2011. 44 single family homes and 19 condos sold last month.

The $300K-$499K price range had the most sales with 15 total homes selling last month. 14 homes sold for under $299K. 3 homes sold for over $1 million. The majority of the home sales were in Truckee (18 home sales) & Tahoe Donner (9 home sales). 8 short sales sold last month and 10 bank owned properties.

This information was taken from our local multiple listing service and is for the dates of January 1-31, 2011. Click on the image below for an enlarged version of the chart and more info.

Tahoe Donner Market Update – December 2010

25 homes sold in Tahoe Donner during the month of December. This makes a total of 222 for the year! The least expensive sold home last month was for $316,500 and the most expensive was for $1,055,000. The average home sale price was $522,829 and the median price was $480,000. The average days on market was 75 days. 3 of the homes were bank owned and 2 were short sales. There are currently 86 homes listed in Tahoe Donner. 16 homes are under contract. The absorption rate is around 19% and there is just over 5 months supply of inventory remaining in Tahoe Donner. Click on the link for current homes for sale in Tahoe Donner.

Tahoe/Truckee Real Estate 2010 Year End Stats

These graphs show some of the year end sales statistics for the Lake Tahoe/Truckee area.

The first set of graphs compares sales numbers in 2010 to 2009. For sales volume at Lake Tahoe, there was a 20% increase in home sales and a 48% increase in condo sales in 2010 compared to 2009. For units sold in 2010, there was a 16% increase for home sales and a 46% increase for condos. The median price for homes decreased by 6% and the average home sale price increased by 1%. The median condo price decreased by 9% in 2010 the average price increased by 4%.

The second set of graphs shows numbers for Truckee. Sales volume had no change in 2010 compared to 2009 for single family homes and and condo sales volume increased by 46%. Units sold increased by 5% for single family homes and and condo sales increased by 46%. The median price of single family homes decreased by 8% in 2010 and the average home sale price decreased by 4%. The median price for condos decreased by 9% and the average price stayed the same.

The third set of charts breaks down the properties sold in 2010 by price band.

Click on the images below for enlarged versions of the graphs.

Tahoe Donner Market Update – October 2010

We are seeing quite a bit of activity with home sales in Tahoe Donner! Another 26 homes sold last month. This makes a total of 178 single family homes that have sold in Tahoe Donner year to date. The least expensive home sold for $280K last month and the most expensive home sold for $1.1 million. The average home sale price was $564,826 and the median home price was $512,500. The homes were on the market an average of just 79 days. 2 of the sold homes were bank owned and 1 was a short sale. There are currently 126 homes listed in Tahoe Donner. This number is down a bit from last month (159 homes listed). Many homes come off the market to become ski leases but some will be back on next spring. There are currently 29 homes in escrow in Tahoe Donner. 28 homes are in escrow. The absorption rate is around 23% and there is just over 4 months supply of inventory remaining in Tahoe Donner. Click on the link for current homes for sale in Tahoe Donner.

Lake Tahoe & Truckee May Real Estate Sales Stats

Another 52 homes sold last month (May 2010). 305 single family homes have sold now during 2010. The  majority of home sales were in Truckee and Tahoe Donner with 18 and and 15 homes selling in each area respectively. The most activity for price range was in the $300K-$499K range with 20 homes selling. 10 homes sold in the $500K-$699K range. 8 homes sold for over $1 million and 3 of these were over $2 million. 21 condos sold last month as well.

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

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