Tahoe Donner Real Estate Sales Information – September

Today, September 1, 2010, there are 153 homes available or for sale in Tahoe Donner. Furthermore, 134 of the homes offered for sale are standard sales, 13 of the available homes are offered as short sales and 6 REO’s, (Bank owned properties). Also, 33 single family homes are currently in escrow or pending sale. There are another 5 short sales pending bank approval. Moreover, pending sales range in price from $270,000 to $1,528,000.

Some perspective to Tahoe Donner market conditions: Tahoe Donner had a total of 225 homes close escrow in 2009 compared to 2008 in which 193 sales were consummated. Year to date 127 homes have closed escrow compared to last year during the same period were 123 homes had closed escrow, basically a parity to 2009.

Home site sales continue to disappoint with 59 home sites available, currently no home site are in escrow or pending sale. Also, 16 home sites have closed escrow in 2010. Currently, the pricing for available home sites run from a low of $84,900 to a high of $525,000.

The cabin buying season is upon us; August and September are traditionally the 2 hottest months for Tahoe Donner sales! If you’re thinking about selling now is the time!

Sales Statistics
for NEVADA County CA
Realist’s most recent sale date for this county is 08/25/2010
Single Family Residence

Time Period        Number of Sales        Median Sale Price
Jul 2010              106                                 $299,500
Jul 2009              123                                 $320,000
Jun 2010             146                                 $288,000
Jun 2009             131                                 $335,000
2010 YTD            787                                 $293,500
2009                 1,295                                 $328,500
Condominium
Time Period       Number of Sales        Median Sale Price
Jul 2010               9                                    $217,000
Jul 2009             24                                    $250,000
Jun 2010              7                                    $275,000
Jun 2009              8                                    $323,000
2010 YTD           68                                    $323,750
2009                 112                                    $310,500