Tuesday, November 12, 2013
While our standard stats for Tahoe Donner home sales don't show a super busy week, the activity behind the scenes was quite strong. The number of showings on properties throughout the neighborhood, actually throughout Truckee, was quite high for the time of year. Also, 4 of the 5 homes which went into contract had asking prices over $300 per square foot. This is a great sign for home values, and also shows buyers being willing to pay a premium for nice homes.
As expected, we had another big week of closings. 15 Tahoe Donner properties closed escrow. The average sales price on these sales came in at $280 per square foot. Sales prices were at 98.4% of asking prices. Both of these number are in line with the 14 closings we saw last week.
Here are photos and details of this weeks Tahoe Donner home sales activity:
5 homes were listed for sale.
3 homes had their asking price reduced.
5 homes went into contract.
15 homes sold.