Inventory Decreased. The number of listings for Tahoe Donner single family homes for sale in the Tahoe Sierra MLS was 130 as of Nov. 21, 2011. This represents a decrease over the beginning of last quarter, a 10.3% decrease in inventory of single family homes. This decrease in inventory is pretty usual for this time of the year as homes have been taken off the market to be ski leased for the winter season.

Lower priced homes are continuing to sell the best.The median sales price for single family homes in Tahoe Donner for July 2011 through September 2011 was $500,000. This represents an increase of 6.6%, or $31,000, compared to the prior quarter. The median sales price for single family homes was $525,000 during the same period in the prior year (3rd Quarter 2010), thus we experienced a 4.8% decrease compared to the 3rd quarter of 2010. We still have lots of buyers looking for homes in the lower price ranges.

Market Activity increase. The number of single family homes sold in Tahoe Donner, as recorded in the Tahoe Sierra MLS, for July 2011 through September 2011 was 67 homes. This represents an increase of 48.9%, or 22 homes, compared to the prior quarter and an increase of 6.3%, or 4 homes, compared to the same period in the prior year. Often we see an increase in market activity during the 3rd quarter of year each year, over the activity in the 1st and 2nd quarters. This year the activity stayed pretty even through the 1st and 2nd quarters and didn’t really increase until this 3rd quarter.

Homes are selling at about 96.7% of their asking price. The average listing price for single family homes in Tahoe Donner for July 2011 through September 2011 was $562,370. This represents an increase of 6.3%, or $33,383, compared to the prior quarter and a decrease of 2.7% compared to the same period in the prior year. Single family homes in Tahoe Donner sold at an average of 96.7% of their last listed price, during July 2011 through September 2011, compared to the same period in the prior year when the homes were selling at an average of 95.7% of their last listed price.

Increase in the average $/sq.ft. of sold homes. Average price per square foot for Tahoe Donner homes sold during the 3rd Quarter was approx. $258, an increase of 4.5% (at $247/sq.ft.) as compared to last quarter (2nd Qtr 2011), and a decrease of 4.4% (at $270/sq.ft. in Q3 of 2010) as compared to the same period last year. Basically, the average $/sq.ft. for sold homes has seesawed up and down almost each quarter for the last few years, with a general downward trend. Note: If you are a buyer of property, please remember that the sold price/sq.ft. is generally higher for smaller homes and lower for larger homes.

Tahoe Donner Summary (Complete Report)

Inventory Increased. The number of listings for Tahoe Donner single family homes for sale in the Tahoe Sierra MLS was 145 as of July 6, 2011. This represents a significant increase over last quarter, a 59.3% increase in inventory of single family homes. This number is still a bit low compared to previous years at this time of the year. But, as expected, the large increase over the number of homes on the market during the 1st quarter that we’ve seen this quarter can be attributed to ski-leased homes coming on the market for sale and the usual general increase in inventory at this time of the year.

Lower priced homes are continuing to sell the best.The median sales price for single family homes in Tahoe Donner for April 2011 through June 2011 was $469,000. This represents a decrease of 8.4%, or $43,000, compared to the prior quarter. The median sales price for single family homes was $543,500 during the same period in the prior year (2nd Quarter 2010), thus we experienced a 13.7% decrease compared to the 2nd quarter of 2010. We still have lots of buyers looking for homes in the lower price ranges.

Market Activity staying the same. The number of single family homes sold in Tahoe Donner, as recorded in the Tahoe Sierra MLS, for April 2011 through June 2011 was 45 homes. Basically, the market activity for single family home sales has stayed the same as last quarter, but still represents a decrease of 6.5%, or 10 homes, compared to the same period in the prior year. Typically we see an increase in market activity during the 2nd quarter of year each year, over the activity in the 1st quarter, but this year it stayed pretty much the same in both quarters.

Homes are selling at about 94.7% of their asking price. The average listing price for single family homes in Tahoe Donner for April 2011 through June 2011 was $528,987. This represents a decrease of 7.3%, or $41,401, compared to the prior quarter and a decrease of 17.2% compared to the same period in the prior year. Single family homes in Tahoe Donner sold at an average of 94.7% of their last listed price, during April 2011 through June 2011, compared to the same period in the prior year when the homes were selling at an average of 95.9% of their last listed price.

Decrease in the average $/sq.ft. of sold homes. Average price per square foot for Tahoe Donner homes sold during the 2nd Quarter was approx. $247, a decrease of 2.4% (at $253/sq.ft.) as compared to last quarter (1st Qtr 2011), and a decrease of 11.5% (at $279/sq.ft. in Q2 of 2010) as compared to the same period last year. Note: If you are a buyer of property, please remember that the sold price/sq.ft. is generally higher for smaller homes and lower for larger homes.

Tahoe Donner Summary (Complete Report)

Inventory Increased. The number of listings for Tahoe Donner single family homes for sale in the Tahoe Sierra MLS was 91 as of May 11, 2011. This represents a slight increase over last quarter, a 1.1% increase in inventory of single family homes. This number is low compared to previous years at this time of the year. But, as expected, we are starting to see the number of listings increase over the number of homes on the market during the winter/spring seasons.

Lower priced homes are continuing to sell the best.The median sales price for single family homes in Tahoe Donner for January 2011 through March 2010 was $512,000. This represents a decrease of 1.5%, or $8,000, compared to the prior quarter. The median sales price for single family homes was $502,000 during the same period in the prior year (1st Quarter 2010), that’s a 2.0% increase compared to this past quarter. We still have lots of buyers looking for homes in the lower price ranges.

Market Activity decrease. The number of single family homes sold in Tahoe Donner, as recorded in the Tahoe Sierra MLS, for January 2011 through March 2011 was 45 homes. This represents a decrease of 36.6%, or 26 homes, compared to the prior quarter and an increase of 18.4%, or 7 homes, compared to the same period in the prior year. The market activity has decreased during the last three quarters as compared to the previous quarter. It is fairly common to have a drop in market activity during the first quarter of year each year.

Homes are selling at about 95.7% of their asking price. The average listing price for single family homes in Tahoe Donner for January 2011 through March 2011 was $570,388. This represents a decrease of 6.4%, or $25,410, compared to the prior quarter and a decrease of 4.3% compared to the same period in the prior year. Single family homes in Tahoe Donner sold at an average of 95.7% of their last listed price, during January 2011 through March 2011, compared to the same period in the prior year when the homes were selling at an average of 93.1% of their last listed price.

Increase in the average $/sq.ft. of sold homes. Average price per square foot for Tahoe Donner homes sold during the 1st Quarter was $253, an increase of 3.3% (at $245/sq.ft.) as compared to last quarter (4th Qtr 2010), and a decrease of 0.8% (at $255/sq.ft. in Q1 of 2010) as compared to the same period last year. Note: If you are a buyer of property, please remember that the sold price/sq.ft. is generally higher for smaller homes and lower for larger homes.

Tahoe Donner Summary (Complete Report)

Inventory Decreased. The number of listings for Tahoe Donner single family homes for sale in the Tahoe Sierra MLS was 90 as of Jan. 07, 2011. This represents a large decrease over last quarter at this time, a 41.2% decrease in inventory of single family homes. This decrease in inventory is pretty usual for this time of the year as homes have been taken off the market to be ski leased for the winter season.

Lower priced homes are continuing to sell the best. The median sales price for single family homes in Tahoe Donner for October 2010 through December 2010 was $520,000. This represents a decrease of 1.0%, or $5,000, compared to the prior quarter. The median sales price for single family homes was $610,750 during the same period in the prior year (4th Quarter 2009), that’s a 14.9% decrease compared to this past quarter. We still have lots of buyers looking for homes in the lower price ranges.

Market Activity increase. The number of single family homes sold in Tahoe Donner, as recorded in the Tahoe Sierra MLS, for October 2010 through December 2010 was 71 homes. This represents an increase of 12.7%, or 8 homes, compared to the prior quarter and a decrease of 11.3%, or 9 homes, compared to the same period in the prior year. The market activity has increased during the last three quarters as compared to the previous quarter.

Homes are still selling at about 95.4% of their asking price. The average listing price for single family homes in Tahoe Donner for October 2010 through December 2010 was $609,321. This represents an increase of 5.4%, or $31,485, compared to the prior quarter and a decrease of 8.9% compared to the same period in the prior year. Single family homes in Tahoe Donner sold at an average of 95.4% of their last listed price, during October 2010 through December 2010, compared to the same period in the prior year when the homes were selling at an average of 95% of their last listed price.

Decrease in the average $/sq.ft. of sold homes. Average price per square foot for Tahoe Donner homes sold during the 3rd Quarter was $245, a decrease of 9.3% (at $270/sq.ft.) as compared to last quarter (3rd Qtr 2010), and a decrease of 8.6% (at $268/sq.ft. in Q4 of 2009) as compared to the same period last year. Note: If you are a buyer of property, please remember that the sold price/sq.ft. is generally higher for smaller homes and lower for larger homes.

Tahoe Donner Summary (Complete Report) 

Inventory Steady. The number of listings for Tahoe Donner single family homes for sale in the Tahoe Sierra MLS was 153 as of Oct. 04, 2010. This represents a slight decrease over last quarter at this time, a 1.3% decrease in inventory of single family homes. Although the inventory seems pretty steady right now, we expect to start seeing the usual decrease in inventory for this time of the year as homes are taken off the market to be ski leased for the winter season.

Lower priced homes are continuing to sell the best. The median sales price for single family homes in Tahoe Donner for July 2010 through September 2010 was $525,000. This represents a decrease of 3.4%, or $18,500, compared to the prior quarter and the very same median sales price as compared to the same period in the prior year. We still have lots of buyers looking for homes in the lower price ranges.

Market Activity increase. The number of single family homes sold in Tahoe Donner, as recorded in the Tahoe Sierra MLS, for July 2010 through September 2010 was 63 homes. This represents an increase of 23.5%, or 12 homes, compared to the prior quarter and a decrease of 3.1%, or 2 homes, compared to the same period in the prior year. The market activity increased during the last two quarters, which is pretty normal for the 2nd and 3rd quarters of each year.

Homes are still selling at about 96% of their asking price. The average listing price for single family homes in Tahoe Donner for July 2010 through September 2010 was $577,836. This represents a decrease of 9.6%, or $61,226, compared to the prior quarter and a decrease of 4.5% compared to the same period in the prior year. Single family homes in Tahoe Donner sold at an average of 95.7% of their last listed price, during July 2010 through September 2010, compared to the same period in the prior year when the homes were selling at an average of 94.3% of their last listed price.

Decrease in the average $/sq.ft. of sold homes. Average price per square foot for Tahoe Donner homes sold during the 3rd Quarter was $270, a decrease of 3.2% (at $279/sq.ft.) as compared to last quarter (2nd Qtr 2010), and a slight decrease of 1.8% (at $275/sq.ft. in Q3 of 2009) as compared to the same period last year. Note: If you are a buyer of property, please remember that the sold price/sq.ft. is generally higher for smaller homes and lower for larger homes.

Tahoe Donner Summary (Complete Report)

High Inventory.  The number of listings for Tahoe Donner single family homes for sale in the Tahoe Sierra MLS was 155 as of July 10, 2010. This represents a dramatic increase over last quarter at this time, a 96.2% increase in inventory of single family homes. This number is still low compared to previous years at this time of the year. But, as expected, this is the usual increase that we see each year over the number of listings during the winter/spring seasons.

Lower priced homes are continuing to sell the best.  The median sales price for single family homes in Tahoe Donner for April 2010 through June 2010 was $543,500. This represents an increase of 8.3%, or $41,500, compared to the prior quarter and a decrease of -5.4% compared to the same period in the prior year. We still have lots of buyers looking for homes in the lower price ranges.

Market Activity increase.  The number of single family homes sold in Tahoe Donner, as recorded in the Tahoe Sierra MLS, for April 2010 through June 2010 was 51 homes. This represents an increase of 34.2%, or 13 homes, compared to the prior quarter and an increase of 6.3%, or 3 homes, compared to the same period in the prior year. The market activity increased during the last quarter, which is pretty normal for the 2nd quarter of each year.

Homes are selling at about 96% of their asking price.  The average listing price for single family homes in Tahoe Donner for April 2010 through June 2010 was $639,062. This represents an increase of 7.3%, or $43,264, compared to the prior quarter and a decrease of 3.3% compared to the same period in the prior year. We have had a lot of new listings on the market in the last few weeks, and many of the sellers will start their listing prices high and then lower the prices over time, as the summer progresses. Single family homes in Tahoe Donner sold at an average of 95.9% of their last listed price, during April 2010 through June 2010, compared to the same period in the prior year when the homes were selling at an average of 93.7% of their last listed price.

Increase in the average $/sq.ft. of sold homes.  Average price per square foot for Tahoe Donner homes sold during the 4th Quarter was $279, an increase of 9.4% (at $255/sq.ft.) compared to last quarter (1st Qtr 2010), and a slight increase of 0.4% (at $278/sq.ft. in 2009) compared to the same period last year. Note: If you are a buyer of property, please remember that the sold price/sq.ft. is generally higher for smaller homes and lower for larger homes.

Tahoe Donner Summary (Complete Report)

Low Inventory. The number of listings for Tahoe Donner single family homes for sale in the Tahoe Sierra MLS was 79 as of April 11, 2010. This is a slight increase over last quarter at this time, only a 5.3% increase in inventory of single family homes. This number is still low compared to previous years at this time of the year. We expect to see the usual increase in inventory over the next few months as we approach the summer season.

Lower priced homes are continuing to sell the best. The median sales price for single family homes in Tahoe Donner for Jan 10 through Mar 10 was $502,000. This represents a decrease of -17.8%, or $108,750, compared to the prior quarter and a decrease of -10.0% compared to the same period in the prior year. We still have lots of buyers looking for homes in the lower price ranges.

Market Activity decrease. The number of single family homes sold in Tahoe Donner, as recorded in the Tahoe Sierra MLS, for Jan 10 through Mar 10 was 38 homes. This represents a decrease of 52.5%, or 42 homes, compared to the prior quarter and an increase of 11.8%, or 4 homes, compared to the same period in the prior year. The market activity decreased during the last quarter, which is not too unusual for the 1st quarter of each year.

Homes are selling at about 93% of their asking price. The average listing price for single family homes in Tahoe Donner for Jan 10 through Mar 10 was $595,798. This represents a decrease of 10.9%, or $72,860, compared to the prior quarter and a decrease of 10.5% compared to the same period in the prior year. Of course, there was also a decrease in the average median sales prices of homes, thus the prices of homes may not actually be decreasing at this point. This data just shows us that more lower priced homes sold during this last quarter, which lowers the average sales prices of sold homes. Single family homes in Tahoe Donner sold at an average of 93.1% of their last listed price, during Jan 10 through Mar 10, compared to the same period in the prior year when the homes were selling at an average of 92.4% of their last listed price.

Percentage of bank owned and short sales, to standard sales, continue to increase. 28.9% of total single family home sales in the 1st Quarter 2010 were bank owned and short sale homes as compared to 18.8% of the total single family home sales in the 4th Quarter 2009.

Continued decrease in the average $/sq.ft. of sold homes.Average price per square foot for Tahoe Donner homes sold during the 4th Quarter was $255, a decrease of -4.9% (at $268/sq.ft.) compared to last quarter (4th Qtr 2009), and a decrease of -1.5% (at $272/sq.ft.) compared to the same period last year. Note: If you are a buyer of property, please remember that the sold price/sq.ft. is generally higher for smaller homes and lower for larger homes.

Part of the conversation right now is Tahoe Donner’s logo. Some feel that it could use updating to be more contemporary, while others enjoy the current look and its historical feel. What do you think? Members are invited to share their opinions through an online survey that will be available through April 30. Please note that each adult member may participate in the survey once. The results of this survey will guide our efforts. So think about what logo you’d be proud to show off on a Tahoe Donner shirt, hat or mug and let us know. Take the survey now.

Tahoe Donner Summary (Complete Report)

Dramatic decrease in number of homes for sale. The number of listings for Tahoe Donner single family homes for sale in the Tahoe Sierra MLS was 75 as of Jan. 10, 2010, which represents a decrease of 47.6%, or 68 homes, compared to the prior quarter and a decrease of 38.0%, or 46 homes, compared to the same period in the prior year. This decrease in the number of home listings is unusual in our market. Clearly, we are now experiencing a severe drop in inventory which means that buyers will have fewer homes to choose from and sellers could start raising their asking prices.

Lower priced homes are continuing to sell the best, but buyers are now buying homes that cost a little more. The median sales price for single family homes in Tahoe Donner for Oct 09 through Dec 09 was $610,750. This represents an increase of 16.3%, or $85,750, compared to the prior quarter and a decrease of 4.3% compared to the same period in the prior year. Median sales prices have decreased about 15.5%, and average sales prices have decreased about 20% for the 4th Quarter periods over the last 4 years in Tahoe Donner (since 4th Quarter 2005). The market peak in Tahoe Donner was in 2005.

Market Activity continues to increase. The number of single family homes sold in Tahoe Donner, as recorded in the Tahoe Sierra MLS, for Oct 09 through Dec 09 was 80 homes. This represents an increase of 23.1%, or 15 homes, compared to the prior quarter and an increase of 53.8%, or 28 homes, compared to the same period in the prior year. The market activity has continued to increase over the last 2 quarters! We are still seeing many multiple offer situations, especially for homes listed under $450,000.

Homes are selling at about 95% of their asking price. The average listing price for single family homes in Tahoe Donner for Oct 09 through Dec 09 was $668,658. This represents an increase of 10.5%, or $63,366, compared to the prior quarter and a decrease of 9.3% compared to the same period in the prior year. Of course, there was also an increase in the average median sales prices of homes, thus the prices of homes may not actually be increasing at this point. Data such as this mostly shows us that more of the higher priced homes are selling, which raises the average sales prices of sold homes. Single family homes in Tahoe Donner sold at an average of 95.0% of their last listed price, during Oct 09 through Dec 09, compared to the same period in the prior year when the homes were selling at an average of 95.0% of their last listed price.

Percentage of bank owned and short sales, to standard sales, continues to increase. 18.8% of total single family home sales in the 4th Quarter 2009 were bank owned and short sale homes as compared to only 10.8% of the total single family home sales in the 3rd Quarter 2009.

Continued decrease in the average $/sq.ft. of sold homes. Average price per square foot for Tahoe Donner homes sold during the 4th Quarter was $268, a decrease of 2.5% (at $275/sq.ft.) compared to last quarter (3rd Qtr 2009), and a decrease of 12.1% (at $305/sq.ft.) compared to the same period last year. Note: If you are a buyer of property, please remember that the sold price/sq.ft. is generally higher for smaller homes and lower for larger homes.

Tahoe Donner Summary (Complete Report) 

Tahoe Donner Market Trends for the third quarter of 2009:

More lower priced homes are selling. The median sales price for single family homes in Tahoe Donner for Jul 09 to Sep 09 was $525,000. This represents a decline of 8.6%, or $49,500, compared to the prior quarter and a decrease of 21.1% compared to the same period in the prior year. Median sales prices have decreased about 31.4%, and average sales prices have decreased about 29% for the 3rd Quarter periods over the last 4 years in Tahoe Donner (since 3rd Quarter 2005). The market peek in Tahoe Donner was in 2005.

Market Activity has increased. The number of single family homes sold in Tahoe Donner, as recorded in the Tahoe Sierra MLS, for Jul 09 to Sep 09 was 65 homes. This represents an increase of 35.4%, or 17 homes, compared to the prior quarter and an increase of 20.4%, or 11 homes, compared to the same period in the prior year. The market activity has increased dramatically over this last quarter! There are lots of buyers purchasing properties and we are seeing many multiple offer situations.

Great deals are being made! The average listing price for single family homes in Tahoe Donner for Jul 09 to Sep 09 was $605,296. This represents a decline of 8.4%, or $55,240, compared to the prior quarter and a decrease of 21.4% compared to the same period in the prior year. Single family homes in Tahoe Donner sold at an average of 94.3% of their last listed price, during Jul 09 to Sep 09, compared to the same period in the prior year when the homes were selling at an average of 96.2% of their last listed price. Some great deals are being made!

Fewer homes on the market. The number of listings for Tahoe Donner single family homes for sale in the Tahoe Sierra MLS was 143 as of Oct. 11, 2009, which represents an decrease of 15.9%, or 27 homes, compared to the prior quarter and an increase of 5.9%, or 9 homes, compared to the same period in the prior year. This activity represents the usual seasonal activity we see in home listings for the beginning of the 3rd Quarter each year. Normally, we see the number of listings decline in the 3rd Quarter as sellers withdraw their homes listings to ski lease the properties for the winter season.

Decrease in the average $/sq.ft. of sold homes. Average price per square foot for Tahoe Donner homes sold during the 3rd Quarter was $275, a decrease of 15.1% (at $324/sq.ft.) compared to the same period last year.

View Tahoe Donner Market Trends for the fourth quarter of 2009