Tahoe Donner Real Estate Sales: April 09

May 1, 2009

Tahoe Donner Single Family Homes Sold - April  2009

TD Market Snapshot 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

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Tahoe Donner 1st QTR 2009 Market Update

April 9, 2009


Tahoe Donner 1st QTR 2009 Sales Analysis


QTR 1 Sales Analysis - Tahoe Donner
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


Tahoe Donner Price Categories 1st QTR
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


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

td-march-08-09-homes-sold

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. 

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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

Tahoe Donner Market Snap Shot: November 1 – 30, 2008

December 5, 2008

Tahoe Donner Single Family Homes Sold - November 2008

Single Family Homes SOLD = 11
Median List Price = $765,000
Median Sold Price = $710,000
Average Days on Market = 131
YTD TD SF Homes Sold = 182
Active Listings = 149

Address Original Price Sales Price Square Feet
       
14328  Tyrol $619,700 $517,500 1600
14565 Davos $619,000 $545,000 1665
13525 Northwoods $779,995 $586,000 2148
13359 Hansel $616,000 $616,000 1983
13848 Copenhagen $719,000 $693,000 2274
13736 Pathway $779,000 $710,000 2607
14378 Northwoods $829,000 $789,000 2724
13573 Weisshorn $1,085,000 $999,500 2445
132229 Roundhill $1,425,000 $1,200,000 3610
12175 Bennet Flat $1,495,000 $1,350,000 3450
13770 Skislope $1,769,000 $1,400,000 4368


Tahoe Donner Condos Sold - November 2008

SOLD = 0
Median List Price = N/A
Median Sold Price = N/A
Average Days on Market = N/A
YTD TD Condos Sold = 18
Active Listings = 25

Tahoe Donner Lots Sold - November 2008

Lots SOLD = 2
Median List Price = $252,000
Median Sold Price = $221,250
Average Days on Market = 125
YTD TD Lots Sold = 16
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

Tahoe Donner Market Snap Shot: October 1 – 31, 2008

October 31, 2008

Tahoe Donner Single Family Homes Sold - October 2008

Single Family Homes SOLD = 26
Median List Price = $626,900
Median Sold Price = $610,000
Average Days on Market = 106
YTD TD SF Homes Sold = 1671
Active Listings = 166

Address Original Price Sales Price Square Feet
       
14179 Davos $369,000 $355,000 1536
12102 Viking $389,000 $340,000 1404
16693 Northwoods $395,000 $359,000 1120
12870 Hillside $459,900 $342,500 1336
11848 Snowpeak $499,000 $425,000 2019
13039 Davos $499,000 $480,000 1084
12490 Falcon Point $509,000 $515,000 1526
12530 Bernese $595,000 $515,000 1356
13066 Skiview Loop $598,000 $598,000 1911
13870 Hansel $599,000 $480,000 1752
12076 Mougle $639,000 $615,000 1701
12316 Bennett Flat $639,000 $620,000 1900
13246 Muhlebach $639,900 $615,000 2220
11473 Norse $649,000 $555,000 1932
14207 Northwoods $649,900 $610,000 1854
13896 Skiview Loop $650,000 $537,500 1900
10910 Innsbruck $669,000 $610,000 2258
15167 Swiss Lane $699,000 $656,000 1908
14761 Tyrol $739,000 $690,000 2128
11560 Skislope $759,900 $730,000 2520
15250 Swiss $779,950 $765,000 2100
14567 Tyrol $795,000 $715,000 2531
12320 Telemark $819,000 $841,000 2610
14411 Swiss $948,000 $810,000 2700
11695 Tundra $1,095,000 $947,500 3220
13425 Skislope $1,095,000 1,040,000 3074


Tahoe Donner Condos Sold - October 2008

Condos SOLD = 3
Median List Price = $329,900
Median Sold Price = $309,000
Average Days on Market = 93
YTD TD Condos Sold = 17
Active Listings = 23

Tahoe Donner Lots Sold - October 2008

Lots SOLD = 0
Median List Price = n/a
Median Sold Price = n/a
Average Days on Market = n/a
YTD TD Lots Sold = 14
Active Listings = 71

(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 Snap Shot: September 1 – 30, 2008

October 3, 2008

Tahoe Donner Single Family Homes Sold - September 2008

Single Family Homes SOLD = 20
Median List Price = $735,000
Median Sold Price = $707,500
Average Days on Market = 57
YTD TD SF Homes Sold = 141
Active Listings = 157

Address Original Price Sales Price Square Feet
       
11614 Lausanne Way $249,000 $249,000 1072
15445 Wolfgang Road $334,500 $327,000 960
15470 Northwoods Blvd $450,000 $312,000 1728
14432 Davos $499,900 $380,000 1158
14106 Swiss $549,000 $492,000 1896
14612 Alder Creek Road $649,000 $552,000 2131
14126 St. Croix $599,000 $548,000 1887
11834 Chalet $659,000 $620,000 2225
11832 Chateau $645,000 $645,000 1800
13410 Cristallina $675,000 $635,000 1832
10624 Mougle $795,000 $775,000 2320
12168 Oslo $824,900 $770,000 2700
12679 Parsenn $860,000 $850,000 2550
12469 Falcon Point $899,900 $897,000 2816
15189 Skislope $995,000 $995,000 2600
12941 Pinnacle $1,075,000 $975,000 3447
11685 St. Bernard $1,299,000 $1,110,000 3655
14460 Swiss Lane $1,250,000 $1,175,000 2858
12411 Skislope $1,250,000 $1,194,500 3570
12660 Muhlebach $1,695,000 $1,695,000 3902


Tahoe Donner Condos Sold - September 2008

Condos SOLD = 1
Median List Price = $589,000
Median Sold Price = $555,000
Average Days on Market = 162
YTD TD Condos Sold = 14
Active Listings = 27

Tahoe Donner Lots Sold - September 2008

Lots SOLD = 1
Median List Price = $155,000
Median Sold Price = $145,000
Average Days on Market = 84
YTD TD Lots Sold = 14
Active Listings = 72

(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