Tahoe Donner Update - August 2011

We are continuing to see quite a bit of activity with Tahoe Donner home sales. 18 homes sold last month! The most expensive home sold for $865K and the least expensive home sold for $250K. The average home sale price was $552,555 and the median home sale price was $579,500. The homes were on the market an average of 38 days.

There are currently 22 homes under contract. 161 single family homes are listed for sale. 22 of these are short sales and 3 are REOs. The absorption rate is around 14% and there is about 7 months supply of inventory remaining in Tahoe Donner.

Click on the link for current homes for sale in Tahoe Donner.