Tahoe Donner Market Update – February 2011
March 7, 2011
13 homes sold in Tahoe Donner last month! This makes a total of 22 homes that have sold year to date.
2 of the homes that sold last month were short sales and 3 were REOs. The least expensive home sale price was $311K and the most expensive home sale price was $965K. The average home sale price was $539,895 and the median was $460K. The average days on market was 133 days.
87 homes are currently listed in Tahoe Donner. 11 of these are short sales and 5 are REOs. The number of homes on the market has come up a bit from last month. 19 homes are currently under contract. The absorption rate is around 22% and there is about 4 1/2 months supply of inventory remaining in Tahoe Donner. Click on the link for current homes for sale in Tahoe Donner.
Lake Tahoe & Truckee January 2011 Real Estate Sales Stats
February 4, 2011
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
January 5, 2011
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
January 5, 2011
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 – September 2010
October 13, 2010
Homes are selling in Truckee! 26 homes sold in Tahoe Donner just last month (September 1-30, 2010). The least expensive home sold for $265,000 and the most expensive home sold for $1,140,000. The average sold price was $556,630 and the median sold price was $519,500. The homes were on the market an average of 72 days. 1 of the homes was a short sale and the rest were all standard sales (not bank owned or short sales). There are currently 159 homes listed in Tahoe Donner. 7 are bank owned and 17 are short sales. 28 homes are in escrow. The absorption rate is around 18% and there is 5.6 months supply of inventory remaining in Tahoe Donner. Click on the link for current homes for sale in Tahoe Donner.
