June Tahoe Donner Market Update
July 3, 2010
15 Tahoe Donner homes sold during the month of June 2010. 89 homes have now sold in 2010. The least expensive home last month sold for $265K and the most expensive was for $1.025 million. The average home sale price was $601,793 and the median was $545K. The homes were on the market an average of just 64 days. 2 homes were short sales and the rest were standard sales. There are now 152 active single family homes listed in Tahoe Donner. 6 listings are bank owned properties and 18 are short sales. 16 homes are under contract. The absorption rate is around 11% and there is 9 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 May Real Estate Sales Stats
June 4, 2010
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.
Tahoe/Truckee Real Estate 2010 1st Quarter Stats
April 22, 2010
The following charts show some of the first quarter stats for 2010 for the real estate market in Tahoe and Truckee.
The first chart compares some of the sold numbers for the first quarter in 2009 compared to 2010. The first graph shows sales volume for single family homes & condos, the second graph shows median & average price and the third graph shows units sold. For single family homes, there was a 22% increase in the sales volume. Condos saw a 174% increase. The median and average price for homes sold both decreased by 29% in 2010 compared to 2009. Units sold for single family homes increased by 50% for homes under $1 mil. and increased by 71% for homes over $1 mil. It’s nice to see these positive numbers!
The second charts break down the numbers by price banding and area. The areas included are Incline Village, East Shore Lake Tahoe, Truckee, Tahoe City, South Lake Tahoe, Reno, Sparks, and Carson Valley. In most areas, the majority of home sales was in the lower price range.
Click on the images below for enlarged versions of the graphs.
Tahoe/Truckee Real Estate Year End Stats 2009
January 14, 2010
The following charts show some of the 2009 year end stats for the real estate market in Tahoe and Truckee.
The first chart compares some of the sold numbers from 2008 to 2009. The first page shows sales volume for single family homes & condos, the second page shows median & average price and the third page shows units sold. For single family homes, there was a 2% decrease in the sales volume. Condos saw a 16% decrease.
The second charts break down the numbers by price banding and area. The areas included are Incline Village, East Shore Lake Tahoe, Truckee, Tahoe City, South Lake Tahoe, Reno, Sparks, and Carson Valley. In most areas, the majority of home sales was in the lower price range.
Click on the images below for enlarged versions of the graphs.
Lake Tahoe & Truckee December Real Estate Sales Stats
January 11, 2010
Lots of activity with home sales in the Tahoe/Truckee area! 93 homes sold in December 2009! The most activity last month was in the $300K-$499K price range with 33 homes selling. 9 homes sold for under $299K, 24 for $500K-$699K, and 18 for $700K-$899K. There was more activity in the upper end price range with 9 homes selling for over $1 million! The well priced homes, especially in the lesser price range, do not seem to be lasting on the market for very long!
This information was taken from our local multiple listing service and is for the dates of December 1-31, 2009. Click on the image below for an enlarged version of the chart.
