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Home » Market Reports » Tahoe Donner Sales Volume Spikes 20% in 2012

Tahoe Donner Sales Volume Spikes 20% in 2012

January 14, 2013 by dwestall Leave a Comment

 

2012 was a great year for buyer’s who purchased single family homes at a rapid rate in the Tahoe Donner subdivision of Truckee, CA.   Buyer’s felt that Tahoe Donner real estate offered great opportunities due to 6 years of depressed pricing which helped single family sales volume climb 20% in 2012.  In addition to depressed pricing buyers were taking advantage of historically low mortgage interest rates which hovered around 3.657% for fully amortized conventional financing in 2012.  The combination of depressed pricing, low interest rates, and strong buyer demand led to a great year for Tahoe Donner sales.

Year over Year Tahoe Donner Single Family Sales Volume

Although sales volume for Tahoe Donner single family homes was up significantly the Average and Median home price was down in 2012.  The Average price for a single family home fell from $542,000 to $523,000 which is a difference of 3.5% and the Median price fell from $500,000 to $484,000 which is a decrease of 3.2%.   The chart below shows a historical analysis of Tahoe Donner single family home sales since 2006.

Year over Year Tahoe Donner Sales Chart

 

2012 Tahoe Donner Market Highlights

1422 Bennett Flat | Sold: $1.2MPhoto Courtesy of TSBOR
1422 Bennett Flat | Sold: $1.2M
Photo Courtesy of TSBOR

Average Price: Down 3.5% to $522,609.00

Median Price: Down 3.2% to $483,500.00

Sales Volume: Up 20% to 270 Single Family Homes

Low Price: $164,000.00

High Price: $1,200,000.00

Number of Distressed Sales (Short Sales & REO’s): 41

 

 

 

Please contact me for more information about Tahoe Donner real estate as I would be happy to talk with you about the intricacies of Truckee’s favorite subdivision.

Search the North Lake Tahoe and Truckee MLS

David Westall, Realtor
Tahoe Riverfront Realty, Inc.
P: 530-448-9882
David@WestallRealEstate.com
www.WestallRealEstate.com
CA DRE# 01796995

Filed Under: Market Reports

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