June Tahoe Donner Market Update

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.

May Tahoe Donner Market Update

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.

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.

Lake Tahoe & Truckee April Real Estate Sales Stats

72 single family homes sold during the month of April 2010! Most home sales took place in Tahoe Donner (22 homes sold) and Truckee (25 homes sold). The price range that saw the most activity was $300K-$499K with 24 homes selling in this price range. 12 homes sold for $299K or under, 13 in the $500-$699K range, and 14 in the $700K-$899K range. 9 homes sold for over $1 million and 3 of these were over $2 million. There were also 28 condos that sold last month.

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

April Tahoe Donner Update

22 single family homes sold in Tahoe Donner last month. 60 homes have sold in Tahoe Donner now year to date. For sold homes last month, the least expensive home sold for $278K and the most expensive home sold for $1,725,000. The average home sale price was $611,659 and the median was $530K. The sold homes were on the market for an average of 128 days. The majority of home sales was in the $300K-$700K price range. 3 homes were short sales and 2 were bank owned properties. There are currently 85 single family homes listed in Tahoe Donner. 13 of these are short sales and 3 are REOs. 16 homes are in escrow. This puts the absorption rate at 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.

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