Tahoe Donner Real Estate Sales Information – December

*** Before we get into Tahoe Donner & Nevada County Statistics; Of Special interest, at least to me! ***

Pro-snowboarder Nick Visconti, Tahoe Donner resident, (okay he still lives at home with the family and I!) has been invited to participate in ESPN sponsored X-games which will be held in Aspen, Colorado January 26. You can watch him live on TV January 26th, airing on either ABC or ESPN. Shaun White is also invited, what’s up with that?

 Check out the following link for Winter X Games invited athletes, you’ll need to scroll down:  ESPN

 

It’s not very often that you graduate from College one month (UNR this month) and participate in the Winter X Games the next!!!  Not to mention he has a humble approach to life and the blessings that keep being placed in front of him . More about Nick; http://nevadasagebrush.com/blog/2011/11/29/unr-snowboarder-grad-to-be-ready-to-shred-x-games-16/

Today, December 1, 2011 the number of homes sold in Tahoe Donner year to date is a parity to last year.

 There are100 homes available or for sale in Tahoe Donner, down from 123 as last reported. Furthermore, 90 of the homes offered for sale are standard sales, 4 of the available properties are offered as short sales and 6 REO’s, (Bank owned properties). Also, 21 single family homes are currently in escrow or pending sale. There are another 16 short sales pending bank approval. Moreover, pending sales range in price from $279,000 to $849,900

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 197 homes have close escrow compared to the same period last year were 197 home sales were consummated, (it’s not a typo, the number is exactly the same)!

Home site sales continue to disappoint; with 54 home sites available, currently there are no home sites 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 $499,000. Of interest; 16 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 18. 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 11/22/2011

 

 

 Single Family Residence
 Time Period

Number of Sales

Median Sale Price

 Oct 2011

57

$245,500

 Oct 2010

124

$277,500

 Sep 2011

167

$261,500

 Sep 2010

127

$310,500

 2011 YTD

1,245

$249,000

 2010

1,356

$295,000

 

 

 Condominium
 Time Period

Number of Sales

Median Sale Price

 Oct 2011

4

$132,750

 Oct 2010

8

$262,500

 Sep 2011

11

$120,000

 Sep 2010

4

$338,500

 2011 YTD

72

$240,000

 2010

104

$308,750