Truckee Real Estate Stats: January 2012
February 2, 2012
Homes sales in the greater area of Truckee (areas 7, 8 and 9) decreased 50% from December of 2011 to January 2012. Of these single family home sales, 58% were single family homes sales in Tahoe Donner. Single family home sales in Tahoe Donner show a 18.75% increase from December 2011 to January 2012.
Tahoe Donner Real Estate Sales: January 2012
February 2, 2012
Tahoe Donner® Real Estate
Tahoe Donner® Homes Sold - January 2012
Single Family Homes SOLD = 19
Median List Price = $400,000
Median Sale Price = $405,000
Average Days on Market = 120
YTD TD SF Homes Sold = 19
Active Listings = 73
| Address | Sold Price | Original Price | # Beds | # Baths | Gar | Sq Feet | Price/Sq Feet | YrBlt | DOM | Status |
| 12085 Viking Way | $288,000 | $308,000 | 3 | 2.5 | 0 | 1820 | $158.24 | 1988 | 23 | REO |
| 14466 Alder Creek | $290,000 | $388,000 | 4 | 3 | 2 | 1836 | $157.95 | 1989 | 92 | REO |
| 13546 Heidi Way | $300,000 | $320,000 | 3 | 2 | 0 | 1399 | $214.44 | 1981 | 31 | REO |
| 14644 Alder Creek | $305,000 | $329,900 | 3 | 2.5 | 2 | 1384 | $220.38 | 1992 | 81 | Short |
| 12802 Solvang Way | $330,000 | $349,000 | 3 | 2 | 2 | 1345 | $245.35 | 1976 | 16 | Standard |
| 11619 Kitzbuhel Road | $333,000 | $315,000 | 3 | 2 | 1 | 1664 | $200.12 | 1986 | 14 | REO |
| 14360 Northwoods | $370,000 | $399,000 | 3 | 2 | 2 | 1286 | $287.71 | 1992 | 36 | Standard |
| 14774 Alder Creek | $382,500 | $399,900 | 3 | 2 | 1 | 1512 | $252.98 | 1998 | 92 | Standard |
| 13957 Gyrfalcon | $398,000 | $499,900 | 4 | 3 | 2 | 2204 | $180.58 | 1987 | 51 | REO |
| 11600 Nordic Lane | $405,000 | $439,000 | 3 | 2 | 2 | 1398 | $289.70 | 1983 | 172 | Standard |
| 11941 Northwoods | $440,000 | $760,000 | 7+ | 5 | 3 | 4735 | $92.93 | 1973 | 843 | Standard |
| 12966 Hansel Avenue | $443,000 | $459,900 | 3 | 2.5 | 2 | 1945 | $227.76 | 1974 | 41 | Standard |
| 13511 Hansel Avenue | $494,590 | $500,000 | 3 | 2.5 | 2 | 1973 | $250.68 | 1990 | 2 | Standard |
| 11399 Sun Valley | $500,000 | $575,000 | 3 | 3 | 2 | 2100 | $238.10 | 1995 | 111 | Standard |
| 12436 Lausanne Way | $500,000 | $549,000 | 3 | 2.5 | 2 | 1937 | $258.13 | 1992 | 148 | Standard |
| 14691 Davos Drive | $532,500 | $565,000 | 4 | 2 | 2 | 2272 | $234.38 | 1981 | 56 | Standard |
| 15280 Swiss Lane | $677,500 | $869,000 | 5 | 3.5 | 2 | 3244 | $208.85 | 1995 | 276 | Short |
| 13978 Davos Drive | $850,000 | $959,000 | 4 | 3.5 | 2 | 3176 | $267.63 | 2005 | 94 | Standard |
| 13637 Skiview Lp | $855,000 | $925,000 | 4 | 3.5 | 2 | 3430 | $249.27 | 2006 | 101 | Standard |
Tahoe Donner® Condos Sold – January 2012
Condos SOLD = 1
Median List Price = $349,000
Median Sale Price = $337,000
Average Days on Market = 293
Average Price Per Square Foot = $224.67
YTD TD Condos Sold = 1
Active Listings =19
| Address | Sold | Original | # Beds | # Baths | Gar | Sq Feet | Price/Sq Feet | YrBlt | DOM |
| 12754 Zurich Place | $337,000 | $379,000 | 3 | 2 | 1 | 1500 | $224.67 | 2007 | 293 |
Tahoe Donner® Lots Sold - January 2012
Lots SOLD = 2
Median List Price = $294,000
Median Sale Price = $250,000
Average Days on Market = 226
YTD TD Lots Sold = 2
Active Listings = 39
(DOM = Days on Market)
(YTD = Year-To-Date)
.
This is provided as a quick snapshot of the monthly market activity in Tahoe Donner®. Keep in mind, numbers only tell part of the story. We would be happy to share our day-to-day insight.
15329 Wolfgang Rd, LOT Now $160K
January 15, 2012
One of Tahoe Donner’s Best Lots!
This is an awesome lot with a sunny exposure, mature trees and the mountain views, including Hawk’s Peak, are gorgeous. The lot has been surveyed, cleared and it’s easy to walk around on. The corners have been marked and the property lines are strung. Close proximity to the cross country ski area and a plentitude of hiking and biking trails. This is a great location in a fantastic neighborhood.
- NOW Offered at $160,000 (was $195K)
- Lot Dimensions 80 x 170 x 80 x 170
- Survey completed Spring of 2008
Click Here for More Tahoe Donner Information
Squaw Valley – Chase Office – Grand Opening Invitation
January 11, 2012
2011 Tahoe Donner Annual Real Estate Sales Statistics
January 8, 2012
Tahoe Donner 2011 Annual Market Stats
Following is a visual snapshot of the Tahoe Donner real estate market in 2011. All data obtained from Tahoe Sierra MLS from January 1, 2011 through December 31, 2011.
.
How Many Homes Sold in Tahoe Donner in 2011? answer: 212 as of 1/1/2012
While surpassing all other communities in Truckee for the number of single family homes sold in 2011, Tahoe Donner is still experiencing a challenging market. Single family home sales in 2011 were down 43.76% when compared with sales in the booming market of 2004. Even more, sales were down another 5% from last year (2010).
What Price Category is Hottest in Tahoe Donner? answer: under $500K
In 2011, 87% of all the single family homes that sold in Tahoe Donner sold for under $750K. Homeowners with listings in this competitive and sensitive price range have had to accommodate and transition with this challenging segment of the market. Buyers have been “shoppers” with no hesitations that they are “looking for a deal” and sellers have to had to make price drops to remain competitive with newer listings at lower prices. Very simply, a new listing priced at market value was seemingly overpriced a few weeks later. The lowest priced home sale in Tahoe Donner was $230K while the high end of the market topped out at $1.2 million.
What was the Median Sales Price in Tahoe Donner in 2011? answer: $500K
Median sale price tags are continuing to inch toward lower numbers. Since the “top of the market” in 2005, at a median sale price of $785K, median sale prices have decreased 36% to a median sales price of $500K. Further, the median sale price tags for 2011 are 15% lower than the “low benchmark” of 2004 ($589K) and 2011 median sale prices are down 4% from last year ($520K). It is important to understand that most buyers do alot of research. These days, with access to Zillow, Trulia, etc. buyers are studying the market, and the competition, to determine what a listing is worth to them. For the typical Tahoe Donner home, over pricing means your listing will sit on the market. You may get a low-ball offer or you may get no attention at all. If you have a unique home, even greater care must be taken to assure the right listing price. When we are asked to give a listing presentation we do not come with a price in hand. We meet with you, evaluate your house paying attention to the pluses and minuses and then we go back to our office and carefully look at comps. We study the “recent solds”, pending listings as well as what’s currently on the market. We create a plan for a seller and then recommend a price that we know is appropriate.
Are there alot of Short Sales and Foreclosures in Tahoe Donner? answer: No!
There are some short sales and foreclosure sales in Tahoe Donner but probably not as many as you think! 84% of the single family home sales in Tahoe Donner were “standard” sales, 9% were short sales and 7% were foreclosure sales.
Which Truckee Neighborhood has the Strongest Market Share? answer: Tahoe Donner.
Of the 578 single family homes that sold in Truckee, Squaw Valley, Alpine Meadows and Northstar, 37% (or 212) of these homes were sold in Tahoe Donner. Glenshire sales were 14% of the total sales while Donner Lake / Donner Summit were close behind at 13%.
