Tahoe Donner 2nd QTR 09 Market Update
July 1, 2009
Tahoe Donner 2nd QTR 2009 Sales Analysis
This chart illustrates:
1) Number of Homes Sold during the 2nd QTR from 2004 through 2009.
2) Comparison of Median List Price to Median Sold Price for the 2nd QTR from 2004 through 2009.
The sales data for Tahoe Donner single family homes shows us that home sale prices right now are similar to sale prices in 2004 (before we hit the top of the market in 2005). However the number of homes sold, when comparing 2004 to 2009, shows a decrease of 50% . For example, 94 single family homes sold in the 2nd QTR of 2004 compared to 47 in 2009!
What do these numbers tell us?
Buyers – now is the time to get serious. Prices are low, interest rates are low and there is good inventory. If you are in the position to purchase property, there are great opportunities.
Sellers- if you need to sell, now more than ever, you need to price your home for the current market and you have to get the price right, right from the start! If you price too high, you’ll get skipped over and you’ll spend your time making price reductions when you could have sold your house!
Price Category Comparison of Homes Sold
This chart illustrates:
1) Number of Homes Sold QTR 2 in Tahoe Donner
2) Comparison of Price Categories of Homes Sold in Tahoe Donner
48 single family homes sold in Tahoe Donner during the 2nd quarter of 2009. 75% of these homes sold for under $750K (36), 17% of the homes sold for between $750K and $1 million dollars (8), 6.25 % sold for between $1 million dollars and $1.25 million dollars (3). 2% (or 1 home) sold for $1.25 million and there have been no sales in Tahoe Donner, during the 1st & 2nd Quarters of 2009, that have exceeded $1,250,000. Well priced homes under $750K are getting the most attention.
Tahoe Donner Consecutive Quarterly Comparisons
This chart illustrates:
1) Number of Homes Sold in Tahoe Donner 2nd QTR 2008 through 2nd QTR 2009
2) Comparison of Median List Price to Median Sold Price of Homes Sold in Tahoe Donner 2nd QTR 2008 through 2nd QTR 2009
The Quarterly data suggests that on average there is a 4% difference between the most recent Median List (or asking price) Price and Median Sold Price. In a Buyers Market, we would expect to see properties selling for less than the asking price.
The graph also shows us that Quarterly sales are down 4% when compared with the same time last year (2nd QTR 2008 and 2nd QTR 2009), however; sales have increased 28% from QTR 1 to QTR 2 in 2009. We expect stronger sales in July, August and September. Let’s hope this is a trend!
If you are a buyer or a seller or just have questions, we would love to talk with you. We are easy to get a hold of. Send us an email, karen@huntoonrealestate.com or give us a call at 530-412-0583.
Tahoe Donner Real Estate Sales: June 09
June 30, 2009
Tahoe Donner Real Estate
Single Family Homes Sold - June 2009
Single Family Homes SOLD = 16
Median List Price = $662,450
Median Sale Price = $644,500
Average Days on Market = 106
YTD TD SF Homes Sold = 81
Active Listings = 157
| Address | Original Price | Sales Price | Square Feet |
| 11804 Chateau | $529,000 | $420,000 | 1696 |
| 12259 Northwoods | $469,000 | $435,000 | 1383 |
| 12723 Northwoods | $599,000 | $453,000 | 1640 |
| 11065 Lausanne | $469,900 | $460,000 | 1503 |
| 14583 Hansel | $449,500 | $460,000 | 1386 |
| 12292 Brookstone | $579,000 | $524,000 | 1658 |
| 13940 Swiss | $589,000 | $569,000 | 1737 |
| 14745 Hansel | $629,900 | $622,000 | 1973 |
| 11591 Chamonix | $695,000 | $667,000 | 2494 |
| 12957 Pinnacle | $719,900 | $690,000 | 2190 |
| 14048 Skiview Loop | $892,000 | $812,500 | 3019 |
| 12968 Solvang | $999,000 | $845,000 | 3402 |
| 14476 Davos | $899,900 | $850,000 | 2593 |
| 12757 Peregrine | $1,350,000 | $900,000 |
3440
|
| 12967 Solvang | $1,325,000 | $1,000,000 | 3609 |
| 11163 Sitzmark | $1,398,000 | $1,055,000 | 3381 |
Tahoe Donner Condos Sold - June 2009
Condos SOLD = 1
Median List Price = $348,000
Median Sale Price = $329,000
Average Days on Market = 180
YTD TD Condos Sold = 11
Active Listings = 27
Tahoe Donner Lots Sold - June 2009
Lots SOLD = 1
Median List Price = $16,375 (Shared Ownership – Amenity Lot)
Median Sale Price = $15,000
Average Days on Market = n/a
YTD TD Lots Sold = 5
Active Listings = 60
(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
If you enjoyed this post, make sure you subscribe to my RSS feed!
Tahoe Donner Real Estate Sales: May 2009
May 31, 2009
Tahoe Donner Single Family Homes Sold - May 2009
Single Family Homes SOLD = 15
Median List Price = $599,000
Median Sold Price = $590,000
Average Days on Market = 177
YTD TD SF Homes Sold = 65
Active Listings = 149
| Address | Original Price | Sales Price | Square Feet |
| 11918 Chamonix | $459,900 | $300,000 | 1320 |
| 13802 Skiview Loop | $495,000 | $400,000 | 1599 |
| 16288 Northwoods | $549,000 | $420,000 | 1944 |
| 12434 Snowpeak | $489,000 | $450,000 | 1456 |
| 11454 Lausanne | $549,000 | $500,000 | 1812 |
| 15523 Northwoods | $599,000 | $525,000 | 1757 |
| 11961 Muhlebach | $599,000 | $580,000 | 1963 |
| 14477 Matterhorn | $798,500 | $590,000 | 1831 |
| 12681 Skiview Loop | $699,000 | $624,000 | 2207 |
| 13296 Hansel | $799,000 | $625,000 | 3919 |
| 12372 Greenleaf | $1,400,000 | $650,000 | 4038 |
| 12141 Basel | $725,000 | $689,000 | 2554 |
| 15226 Swiss | $815,000 | $789,000 | 2787 |
| 12645 Pinnacle Loop | $1,295,000 | $885,000 |
3757
|
| 10609 Mougle | $1,395,000 | $1,250,000 | 4450 |
Tahoe Donner Condos Sold - May 2009
Condos SOLD = 1
Median List Price = $379,000
Median Sold Price = $342,000
Average Days on Market = 120
YTD TD Condos Sold = 10
Active Listings = 28
Tahoe Donner Lots Sold - May 2009
Lots SOLD = 1
Median List Price = $449,000 (Panoramic views)
Median Sold Price = $400,000
Average Days on Market = 164
YTD TD Lots Sold = 4
Active Listings = 61
(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
If you enjoyed this post, make sure you subscribe to my RSS feed!
Tahoe Donner Real Estate Sales: April 09
May 1, 2009
Tahoe Donner Single Family Homes Sold - April 2009
Single Family Homes SOLD = 15
Median List Price = $549,000
Median Sold Price = $512,000
Average Days on Market = 128
YTD TD SF Homes Sold = 49
Active Listings = 142
| Address | Original Price | Sales Price | Square Feet |
| 15565 Northwoods | $399,900 | $310,000 | 1383 |
| 14325 Northwoods | $499,000 | $315,000 | 1304 |
| 13972 Alder Creek | $450,000 | $424,000 | 2276 |
| 12440 Skisope | $650,000 | $415,000 | 1448 |
| 11965 Bernese | $599,000 | $430,000 | 1664 |
| 12719 Northwoods | $680,000 | $464,000 | 1640 |
| 14390 Copenhagen | $525,000 | $512,000 | 1506 |
| 14934 Davos | $549,000 | $539,000 | 1565 |
| 12151 Snowpeak | $569,900 | $510,000 | 1656 |
| 14216 St. Croix | $625,000 | $595,000 | 1894 |
| 13300 Roundhill | $679,000 | $630,000 | 2368 |
| 11749 Baden | $800,000 | $710,000 | 2419 |
| 14179 Skiview Loop | $1,099,000 | $925,000 | 3556 |
| 14612 Swiss | $1,399,000 | $975,000 | 3433 |
| 11300 Mougle Lane | $1,125,000 | $1,050,000 | 3364 |
Tahoe Donner Condos Sold - April 2009
Condos SOLD = 3
Median List Price = $239,500
Median Sold Price = $229,000
Average Days on Market = 219
YTD TD Condos Sold = 9
Active Listings = 25
Tahoe Donner Lots Sold - April 2009
Lots SOLD = o
Median List Price = N/A
Median Sold Price = N/A
Average Days on Market = N/A
YTD TD Lots Sold = 3
Active Listings = 59
(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
If you enjoyed this post, make sure you subscribe to my RSS feed!
Tahoe Donner 1st QTR 2009 Market Update
April 9, 2009
Tahoe Donner 1st QTR 2009 Sales Analysis
This chart illustrates:
1) Number of Homes Sold in the 1st QTR from 2004 through 2009
2) Comparison of Median List Price to Median Sold Price for the 1st QTR from 2004 through 2009.
An analysis of the sales data concludes that Median List and Median Sold prices are comparable in 2004 and 2009 however; the number of homes sold, when comparing 2004 to 2009, shows a decrease of 32%.
Price Category Comparison of Homes Sold
This chart illustrates:
1) Number of Homes Sold QTR 1 in Tahoe Donner
2) Comparison of Price Categories of Homes Sold in Tahoe Donner
34 single family homes sold in Tahoe Donner during the 1st quarter of 2009. 74% of these homes sold for under $750,000, 21% of the homes sold for between $750K and $1 million dollars. The remaining 5% of homes sold for between $1.25 million and $1.5 million dollars.
Tahoe Donner Quarterly Comparisons
This chart illustrates:
1) Number of Homes Sold in Tahoe Donner QTR 1 2008 – Qtr 1 2009
2) Comparison of Median List Price to Median Sold Price of Homes Sold in Tahoe Donner Qtr 1 2008 – Qtr 1 2009
The Quarterly data suggests that on average there is a 4.5% difference between Median List Price and Median Sold Price. Additionally, on a Quarterly basis, sales have declined 10% when comparing the 1st Qtr of 2008 with the 1st Qtr of 2009. In this analysis, sales were strongest during the 3rd Qtr of 2008 (37% higher than the 1st Qtr of 2009) and we would expect stronger sales in July, August and September.
Tahoe Donner Market Snapshot: Mar. 1 – Mar. 31, 2009
April 1, 2009
Tahoe Donner Single Family Homes Sold - March 2009
.
Single Family Homes SOLD = 12
Median List Price = $679,000
Median Sold Price = $652,000
Average Days on Market = 175
YTD TD SF Homes Sold = 33
Active Listings = 135
| Address | Original Price | Sales Price | Square Feet |
| 15347 Northwoods | $429,000 | $370,000 | 1216 |
| 12291 Viking | $449,000 | $402,000 | 2688 |
| 11006 Innsbruck | $469,000 | $481,000 | 1976 |
| 11617 Baden | $585,000 | $526,000 | 2385 |
| 13277 Hansel | $569,000 | $550,000 | 1615 |
| 12725 Peregrine | $635,000 | $570,000 | 1840 |
| 11369 Bennett Flat | $689,000 | $630,000 | 2068 |
| 12334 Viking Way | $880,000 | $675,000 | 2534 |
| 13926 Pathway | $859,900 | $705,000 | 4337 |
| 12101 Snowpeak Way | $899,900 | $755,000 | 2846 |
| 13945 Herringbone | $1,199,000 | $795,000 | 3150 |
| 15129 Swiss | $1,095,000 | $820,000 | 3561 |
| 13608 Cristallina | $1,495,000 | $1,250,000 | 3607 |
Tahoe Donner Condos Sold - March 2009
Condos SOLD = 1
Median List Price = $320,000
Median Sold Price = $320,000
Average Days on Market = 1
YTD TD Condos Sold = 5
Active Listings = 26
Tahoe Donner Lots Sold - March 2009
Lots SOLD = 1
Median List Price = $7,500 (1/6 share “amenity lot”)
Median Sold Price = $7,500
Average Days on Market = 11
YTD TD Lots Sold = 3
Active Listings = 62
(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
If you enjoyed this post, make sure you subscribe to my RSS feed!
Tahoe Donner Market Snapshot: Feb. 1 – Feb. 28, 2009
March 1, 2009
Tahoe Donner Single Family Homes Sold - February 2009
.
Single Family Homes SOLD = 12
Median List Price = $749,500
Median Sold Price = $680,000
Average Days on Market = 143
YTD TD SF Homes Sold = 21
Active Listings = 131
| Address | Original Price | Sales Price | Square Feet |
| 14831 Slalom | $899,000 | $380,000 | 2699 -unfinished |
| 12474 Schussing | $499,000 | $450,000 | 1188 |
| 13515 Skiview Loop | $586,000 | $505,000 | 1776 |
| 11737 Nordic Lane | $635,000 | $510,000 | 1469 |
| 11163 Northwoods | $749,000 | $631,000 | 2241 |
| 12596 Pinnacle | $785,000 | $675,000 | 2387 |
| 15044 Wolfgang | $719,000 | $685,000 | 2387 |
| 13196 Roundhill | $1,195,000 | $880,000 | 3498 |
| 12400 Falcon Point | $1,149,000 | $875,000 | 3574 |
| 11806 Snowpeak Way | $1,159,000 | $925,000 | 3372 |
| 11956 Rhineland | $795,000 | $775,000 | 2704 |
| 11298 Skislope | $1,348,000 | $1,250,000 | 3774 |
Tahoe Donner Condos Sold - February 2009
Condos SOLD = 4
Median List Price = $324,000
Median Sold Price = $295,000
Average Days on Market = 297
YTD TD Condos Sold = 4
Active Listings = 25
Tahoe Donner Lots Sold - February 2009
Lots SOLD = 1
Median List Price = $360,000
Median Sold Price = $280,000
Average Days on Market = 17
YTD TD Lots Sold = 2
Active Listings = 56
(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
If you enjoyed this post, make sure you subscribe to my RSS feed!
Annual 2008 Tahoe Donner Real Estate Market Summary
February 9, 2009
We all watched the 2008 Real Estate Market with anticipation. With housing prices falling, an unsteady economy and jobs disappearing many people had to make big changes. It is important to remind ourselves that all down cycles eventually trail off and come to and end. While we saw prices going down and homes going into foreclosure some sellers were in a position to take advantage of the market and sold their current properties and bought into larger or better properties. Buyers that were ready to make purchases and “hopped off the proverbial fence” also made some good investments.
SINGLE FAMILY HOMES
Median ”NUMBER” of Single Family Homes Sold in 2008…
indicates Tahoe Donner still maintains the best value in Truckee. While sales of single family homes in the greater Truckee area fell by 5% from 2007 to 2008, in Tahoe Donner single family homes sales increased 9.04% from 2007.
Median ”LISTING PRICES” for Single Family Homes in 2008…
were not significantly different than listing prices in 2007. The median listing price for a single family home in Tahoe Donner in 2007 was $699K and in 2008 the median listing price for a single family home in Tahoe Donner went down to $695K.
Median “SOLD PRICES” for Single Family Homes in 2008…
went down 2.2% from “Sold” prices of Tahoe Donner single family homes in 2007. The median sold price in 2007 was $675K and the median sold price in 2008 was $660K.
Which price range was hottest in Tahoe Donner for 2008 for single family homes?
46% (88 out of 193) of the single family homes sold in Tahoe Donner in 2008 were between $500K and $750K. The median sold price was $675K. Only 1% of single family homes sold in Tahoe Donner in 2008 were over $1.5 million.
What does all of this mean?
For Buyers, we don’t expect to see home prices fall substantially in 2009. The general trend shows that the downward spiral of prices has settled and the increase in the number of Tahoe Donner sales shows us that people are buying! If you are interested in purchasing Tahoe Donner property, take advantage of the low prices and low interest rates. Although prices may not rise soon interest rates likely will, so the short term is the best buying scenario. Take advantage of this opportunity to buy.
For Sellers,it looks like home prices have settled. Prices probably aren’t going to fall substantially in 2009 and on the flip side, prices won’t rise in the near future. If you have been thinking about or needing to sell, the most sound advice is to price correctly, get your house on the market and entice the buyers while interest rates are low.
CONDOS and LOTS:
2008 Condo sales in Tahoe Donner were down 41% (32 to 19) from 2007 and the median sold price of condos was down by 8.5% ($414,450 to $379K).
2008 Lot sales in Tahoe Donner were down 26% (23 to 17) from 2007 and the median sold price was down 12.3% ($285K to $250K).
The data for our Annual 2008 Tahoe Donner Real Estate Market Summary is retrieved from the Tahoe Sierra Board of Realtors and we use “median data” to make our comparisons and draw conclusions on trends or general tendencies. Information derived from “median data” is often used as an indicator of the strength and the direction of the real estate market.
If you enjoyed this post, make sure you subscribe to my RSS feed!
Tahoe Donner Market Snapshot: January 1 – 31, 2009
February 9, 2009
Tahoe Donner Single Family Homes Sold - January 2009
Single Family Homes SOLD = 9
Median List Price = $449,000
Median Sold Price = $423,000
Average Days on Market = 00
YTD TD SF Homes Sold = 9
Active Listings = 125
| Address | Original Price | Sales Price | Square Feet |
| 14291 Northwoods | $299,950 | $353,000 | 1466-Short Sale |
| 13039 Skislope | $369,900 | $355,000 | Foreclosure |
| 11546 Norse | $469,000 | $342,500 | 1150 |
| 14293 Herringbone | $389,900 | $389,900 | 1248 |
| 12555 Schussing | $519,000 | $423,000 | 1735 |
| 13970 Northwoods | $621,000 | $442,500 | 1582-Short Sale |
| 12856 Solvang | $536,500 | $485,000 | 1920 |
| 15624 Alder Creek | $514,500 | $480,000 | 1461 |
| 12172 Schussing | $739,000 | $565,000 | 2360-Short Sale |
Tahoe Donner Condos Sold - January 2009
SOLD = 0
Median List Price = N/A
Median Sold Price = N/A
Average Days on Market = N/A
YTD TD Condos Sold = 0
Active Listings = 28
Tahoe Donner Lots Sold - January 2009
Lots SOLD = 1
Median List Price = $49,000
Median Sold Price = $36,500
Average Days on Market = 1
YTD TD Lots Sold = 1
Active Listings = 52
(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
Tahoe Donner Market Snapshot: December 1 – 31, 2008
January 7, 2009
Tahoe Donner Single Family Homes Sold - December 2008
Single Family Homes SOLD = 12
Median List Price = $849,450
Median Sold Price = $852,750
Average Days on Market = 100
YTD TD SF Homes Sold = 193
Active Listings = 129
| Address | Original Price | Sales Price | Square Feet |
| 14375 Davos | $508,900 | $400,000 | 2000 |
| 13729 Hansel | $429,500 | $425,000 | 1371 |
| 12092 Lausanne | $635,000 | $610,000 | 2175 |
| 13359 Hansel | $616,000 | $616,000 | 1983 |
| 14067 Glacier View | $725,000 | $695,000 | 2646 |
| 11425 Lausanne | $769,000 | $749,000 | 2486 |
| 13271 Skislope | $799,000 | $805,500 | 4124 |
| 12386 Stockholm | $1,149,000 | $900,000 | 3290 |
| 13920 Swiss | $1,075,000 | $930,000 | 2969 |
| 14627 Alder Creek | $1,059,000 | $944,000 | 2850 |
| 11685 Nordic | $1,249,000 | $975,000 | 3025 |
| 11771 Nordic | $1,238,000 | $1,025,000 | 3018 |
| 13156 Hillside | $1,399,000 | $1,125,000 | 4073 |
Tahoe Donner Condos Sold - December 2008
SOLD = 1
Median List Price = $499,000
Median Sold Price = $475,000
Average Days on Market = 143
YTD TD Condos Sold = 19
Active Listings = 25
Tahoe Donner Lots Sold - December 2008
Lots SOLD = 1
Median List Price = $299,000
Median Sold Price = $250,000
Average Days on Market = 126
YTD TD Lots Sold = 17
Active Listings = 49
(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
