Tahoe Donner Real Estate Sales Information – April

Today, April 3, 2012, there are 64 homes available or for sale in Tahoe Donner, up from 59 as last reported.

Furthermore, 58 of the homes offered for sale are standard sales, 4 of the available properties are offered as short sales and 2 REO’s, (Bank owned properties). Also, 29 single family homes are currently in escrow or pending sale, this is an encouraging number for this time of year, remember because we are tourist driven we cycle different than most metropolitan areas. There are another 8 short sales pending bank approval. Moreover, pending sales range in price from $292,352 to $1,275,000.

Some perspective on Tahoe Donner market conditions: Tahoe Donner had a total of 212 homes close escrow in 2011, compared to 2010 were 223 sales consummated, 2009 saw 225 homes close escrow, compared to 2008 in which only 193 sales were consummated. Year to date 62 single family homes have closed escrow in Tahoe Donner, compared to the same period last year were 45 homes traded hands; that’s a 37% increase in sales year to day, yea!

Home site sales continue to disappoint; with 37 home sites currently available, only 2 home sites are in escrow or pending sale. Also, 16 home sites closed escrow in 2011 compared to 21 sales in 2010 and12 home sites which closed escrow in 2009. Currently, the pricing for available home sites run from a low of $58,000 to a high of $379,000. Of interest; pricing on the lots which did close escrow in 2011 were at prices not seen since the late 90’s. Year to date 6 home sites have closed escrow compared to the same period last year were only 5 sales consummated.

Sales Statistics
for NEVADA County CA

Realist’s most recent recording date for this county is 03/26/2012

 

 Single Family Residence
 Time Period

Number of Sales

Median Sale Price

 Feb 2012

105

$210,000

 Feb 2011

104

$275,000

 Jan 2012

125

$235,000

 Jan 2011

102

$263,000

 2012 YTD

364

$241,000

 2011

1,588

$250,000

 

 Condominium
 Time Period

Number of Sales

Median Sale Price

 Feb 2012

5

$261,000

 Feb 2011

2

$477,500

 Jan 2012

4

$307,000

 Jan 2011

3

$265,000

 2012 YTD

14

$238,000

 2011

89

$230,000