Tahoe Donner Real Estate Sales Information – October

What’s happening in Tahoe Donner; Year to date 142 homes have closed escrow in Tahoe Donner. Did you know that approximately 65% of all sales in Tahoe Donner happen after June 30th?

Today October 2, 2014; there are only 95 single family homes available or for sale in Tahoe Donner, down from 102 as last reported. For any time of year, this is an extremely low number of homes available.
Furthermore, none of the available properties offered for sale are short sales and there is only 1 REO, (Bank owned property). Also, 31 single family homes are currently in escrow or pending sale. Moreover, of these 31 pending sales only 1 is a short sales pending bank approval and currently there are no banked owned properties in escrow. Pending sales range in price from $339,000 to $2,195,000.
Some perspective on Tahoe Donner market conditions: Tahoe Donner had a total of 273 single family homes close escrow in 2013 compared to 270 homes which close escrow in 2012, (a parity), in 2011 there were 212 sales consummated, in 2010 there were 223 sales consummated, 2009 saw 225 homes close escrow, and in 2008 only 193 sales were consummated. Year to date 142 homes have closed escrow in Tahoe Donner compared to 195 single family homes which traded hands last year during the same period.
Home site sales see improvement, yea; there are 40 home sites currently available, 3 home sites are currently in escrow or pending sale. In 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 $59,900 to a high of $499,000. Of interest; pricing on the lots appear to have reached a bottom and seem to have started moving in a positive direction.

Tahoe Donner Real Estate Sales Information – June

What’s happening in Tahoe Donner; Year to date 67 homes have closed escrow in Tahoe Donner compared to 105 sales during the same period last year. Two glaring factors; 1. Property prices and interest rates have increased since last year. 2. The drought! Yes, more compelling and momentous in my mind is the drought, as we are tourist driven, the lack of snow impacted the volume of skiing tourist, (would be home buyers).  Did you know that approximately 65% of all sales in Tahoe Donner happen after June 30th? Graduation, graduation parties, father’s day, then the home buying season begins, yea!

Today June 4, 2014; there are only 71 single family homes available or for sale in Tahoe Donner, up from 42 as last reported. For any time of year, this is an extremely low number of homes available.
Furthermore, all of the homes offered for sale are standard sales, none of the available properties are short sales and there are no REO, (Bank owned property). This bodes well as further evidence that the vacation home market has moved to better health. Also, 22 single family homes are currently in escrow or pending sale. Moreover, of these 22 pending sales only 2 are short sales pending bank approval and only 1 is a banked owned property. Pending sales range in price from $299,950 to $949,000.
Some perspective on Tahoe Donner market conditions: Tahoe Donner had a total of 273 single family homes close escrow in 2013 compared to 270 homes which close escrow in 2012, (a parity), in 2011there were 212 sales consummated, in 2010 there were 223 sales consummated, 2009 saw 225 homes close escrow, and in 2008 only 193 sales were consummated. Year to date 67 homes have closed escrow in Tahoe Donner compared to 105 single family homes which traded hands last year during the same period.
Home site sales see improvement, yea; there are 44 home sites currently available, only 1 home sites is currently in escrow or pending sale. In 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 $69,000 to a high of $499,000. Of interest; pricing on the lots appear to have reached a bottom and seem to have started moving in a positive direction.

Tahoe Donner Real Estate Sales Information – October

What’s happening in Tahoe Donner; inventory is extremely low!

Today October 3, 2013; there are only 67 single family homes available or for sale in Tahoe Donner, down from 75 as last reported. For any time of year, this is an extremely low number of homes available.

Furthermore, 66 of the homes offered for sale are standard sales, none of the available properties are short sales and there is only 1 REO, (Bank owned property). This bodes well as further evidence that the vacation home market has moved to better health. Also, 37 single family homes are currently in escrow or pending sale. Moreover, of these 37 pending sales only 2 are short sales pending bank approval. Pending sales range in price from $338,500 to $1,149,000. By the way, did you know that typically 65% of all homes sold in Tahoe Donner sell in the second half of the year, after June 30th!

Some perspective on Tahoe Donner market conditions: Tahoe Donner had a total of 270 single family homes close escrow in 2012 compared to 212 homes which close escrow in 2011, in 2010 there were 223 sales consummated, 2009 saw 225 homes close escrow, and in 2008 only 193 sales were consummated. Year to date final sale statistics is a parity to last year; 195 homes have closed escrow year to date compared to 197 final sales during the same period last year.

Home site sales see improvement, yea; there are 38 home sites currently available, 5 home sites are currently in escrow or pending sale. Also, in 2012 we had 34 home sites closed escrow, up from the 16 home sites which 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 $59,950 to a high of $499,000. Of interest; pricing on the lots appear to have reached a bottom and seem to have stabilized. Just one more thing, 36 lots have closed escrow year to date compared to only 27 which closed escrow during the same period last year!

Tahoe Donner Real Estate Sales Information – August

Today August 6, 2013; there are only 89 single family homes available or for sale in Tahoe Donner, up from 85 as last reported. Although inventory has increased slightly, (which is expected for this time of year) this is an extremely low number of homes available.

Furthermore, 88 of the homes offered for sale are standard sales, none of the available properties are short sales and there is only 1 REO’s, (Bank owned properties). This bodes well as further evidence that the vacation home market has moved to better health. Also, 30 single family homes are currently in escrow or pending sale. Moreover, of these 30 pending sales7 are short sales pending bank approval. Pending sales range in price from $199,950 to $1,195,000. By the way, did you know that typically 65% of all homes sold in Tahoe Donner sell in the second half of the year, after June 30th!

Some perspective on Tahoe Donner market conditions: Tahoe Donner had a total of 270 single family homes close escrow in 2012 compared to 212 homes which close escrow in 2011, in 2010 there were 223 sales consummated, 2009 saw 225 homes close escrow, and in 2008 only 193 sales were consummated. Year to date final sale statistics is a parity to last year; 148 homes have closed escrow year to date compared to 150 final sales during the same period last year.

Home site sales see improvement, yea; there are 42 home sites currently available, 3 home site is currently in escrow or pending sale. Also, in 2012 we had 34 home sites closed escrow, up from the 16 home sites which 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 $59,950 to a high of $499,000. Of interest; pricing on the lots appear to have reached a bottom and seem to have stabilized.

Tahoe Donner Real Estate Sales Information – June

What’s happening in Tahoe Donner; inventory is extremely low and prices have moved higher!

Today June 7, 2013; there are only 70 single family homes available or for sale in Tahoe Donner, up from 49 as last reported. Although inventory has increased moderately, (which is expected for this time of year) this is an extremely low number of homes available.

Furthermore, all of the homes offered for sale are standard sales, none of the available properties are short sales and there are no REO’s, (Bank owned properties). This bodes well as further evidence that the vacation home market has moved to better health. Also, 36 single family homes are currently in escrow or pending sale. Moreover, of these 36 pending sales 7 are short sales pending bank approval. Pending sales range in price from $205,000 to $789,000. By the way, did you know that typically 65% of all homes sold in Tahoe Donner sell in the second half of the year, after June 30th!

Some perspective on Tahoe Donner market conditions: Tahoe Donner had a total of 270 single family homes close escrow in 2012 compared to 212 homes which close escrow in 2011, in 2010 there were 223 sales consummated, 2009 saw 225 homes close escrow, and in 2008 only 193 sales were consummated. Year to date final sale statistics is a parity to last year; 101 homes have closed escrow year to date compared to 106 final sales during the same period last year.

Home site sales see improvement, yea; there are 37 home sites currently available, 9 home sites are currently in escrow or pending sale. Also, in 2012 we had 34 home sites closed escrow, up from the 16 home sites which 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 $65,000 to a high of $499,000. Of interest; pricing on the lots appear to have reached a bottom and seem to have stabilized.

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