Tahoe Donner Real Estate Sales Information – September

Today, September 7, 2011 the number of homes sold in Tahoe Donner year to date is a parity to last year.

There are153 homes available or for sale in Tahoe Donner, up from 142 as last reported. Furthermore, 140 of the homes offered for sale are standard sales, 10 of the available properties are offered as short sales and 3 REO’s, (Bank owned properties). Also, 29 single family homes are currently in escrow or pending sale. There is another 12 short sales pending bank approval. Moreover, pending sales range in price from $299,000 to $1,299,000.

Some perspective to Tahoe Donner market conditions: Tahoe Donner had a total of 222 homes close escrow in 2010, basically a parity to 2009 were 225 homes close escrow, compared to 2008 in which only 193 sales were consummated. Moreover, year to date 133 homes have close escrow compared to the same period last year were 135 home sales were consummated.

Home site sales continue to disappoint; with 58 home sites available, currently only 2home site are in escrow or pending sale. Also, 21 home sites closed escrow in 2010 compared to 12 home sites which closed escrow in 2009. Currently, the pricing for available home sites run from a low of $49,000 to a high of $525,000. Of interest; 11 lots have closed escrow year to date at prices not seen since the late 90’s. Moreover, during the same period last year, the year to date sales amounted to 16. Lot sales this year have ranged in price from a low of $47,500 to a high of $127,000.

Sales Statistics
for NEVADA County CA

Realist’s most recent recording date for this county is 08/29/2011

Single Family Residence

Time Period

Number of Sales

Median Sale Price

Jul 2011

132

$247,250

Jul 2010

106

$299,500

Jun 2011

146

$250,000

Jun 2010

146

$288,000

2011 YTD

938

$249,000

2010

1,347

$295,000

Condominium

Time Period

Number of Sales

Median Sale Price

Jul 2011

10

$252,500

Jul 2010

9

$217,000

Jun 2011

8

$235,000

Jun 2010

7

$275,000

2011 YTD

49

$262,000

2010

105

$307,500