The Easter/Spring Break period has been quite robust for Tahoe Donner real estate sales activity. A lot of homes continue to go into contract, while we are also seeing a lot of homes coming onto the market. There were 17 homes listed for sale in the last 2 weeks. Typically we don't see many new listings at this time of year, as seller's wait for the "busier" summer season to put their home on the market. This year, however, sellers are taking note of the strong demand and low supply and getting their home onto the market. Many of these seller's are reaching for the stars, as 10 of the new listings have asking prices at $285/per square foot or higher (keep in mind the average sale price has hovered between $235-240 per square foot the last couple of years).
Despite these higher asking prices, homes are still selling quickly. 12 homes went into contract in the last 2 weeks, 8 of which had been on the market for 3 weeks or less.
15 homes sold, including the first Tahoe Donner home in over 2 years to sell for more than $1.2 million; a golf course home on Snowpeak Way which sold for $1.325m.
Here are the photos and details of the Tahoe Donner real estate activity from the last 2 weeks:
17 homes were listed for sale.
5 homes had their asking price reduced.
12 homes went into escrow.
15 homes sold.