Tahoe Donner Sales Information and Statistics!

Today April 4, 2016; there are only 38 single family homes available or for sale in Tahoe Donner, up from 37 as last reported. For any time of year, this is an extremely low number of homes available.

Furthermore, 1 of the available properties offered for sale is a short sales and there are no REO, (Bank owned property). Also, 27 single family homes are currently in escrow or pending sale, down from 35 as last reported, this is a fantastic number for this time of year; we’ve received a little help from Mother Nature! Moreover, of these 27 pending sales, there is only 1 short sale pending bank approval and 1 banked owned property in escrow. Pending sales range in price from $299,000 to $1,250,000.

Year to date comparison; This year, year to date 61 single family homes have closed escrow in Tahoe Donner, last year during the same period 43 houses exchanged hands; Wow, that’s almost a 50% increase, a little snow helps a lot!

Some perspective on Tahoe Donner market conditions: 2015 proved to be an average year as far as the total volume of sales in Tahoe Donner, with 239 homes changing hands. I predict 2016 will be a banner year with the help of Mother Nature. Our ski/holiday season sales are off to a great start, I look for the total volume of sales to return to levels not seen since 2012 & 2013.Tahoe Donner had a total of 206 single family homes close escrow in 2014, down from 273 single family homes which close escrow in 2013.Also, 270 homes close escrow in 2012, (a parity to 2013). In 2011 there were 212 sales consummated, in 2010 there were 223 sales consummated, 2009 saw 225 homes close escrow, in 2008 only 193 sales were consummated.

Looking back; the drought really affected Winter & Spring sales in 2014/2015 as the ski traffic was down 50%. Because we are tourist driven, early year sales were off as much as 38% compared to 2013 & 2012. This year, it appears, by all indications, our holiday ski seasons sales will be stellar! We really have two selling seasons in Tahoe Donner, summer and the holiday ski season; this season is off to a great start. If you’re considering selling, this is a great time, the market looks good and the inventory is extremely low.

Home site sales; there are only 33 home sites available in Tahoe Donner, with 6 home sites currently in escrow or pending sale. In 2015 we had 37 home sites closed escrow, in 2014 we had 45 lots change hands, 2013 we had 44 home sites close escrow, up significantly from 2012 in which we had 34 home sites closed escrow and a major improvement from the 16 home sites which closed escrow in 2011. Currently, the pricing for available home sites run from a low of $84,000 to a high of $490,000.