Voice of Reno-Tahoe Real Estate

Tahoe Donner Update - May 2011

We are seeing an increase in the number of homes listed in Tahoe Donner. At the end of April there were 92 homes listed and there are now 119 homes listed in Tahoe Donner. We will likely continue to see inventory go up over the next few months during the busy selling season this summer.

10 homes sold in Tahoe Donner last month. 66 have sold now year to date. For last month’s sold homes, 1 was a short sale and the rest were standard sales. The lowest home sale price was $230K and the highest was $827K. The average sale price was $512,030. The homes were on the market an average of 63 days.

29 Tahoe Donner homes are currently in escrow. Of the 119 listed, 15 are short sales and 1 is an REO. The absorption rate is around 24% and there is about 4 months supply of inventory remaining in Tahoe Donner. Click on the link for current homes for sale in Tahoe Donner.

Tags: donner, estate, for, homes, market, real, sale, tahoe, truckee