Donner Lake, CA 96161 Current Real Estate Market Trends November 2013

Here are some current real estate market trends and data for the Donner Lake community in Truckee, California 96161 area for November 2013. This is my local view of how the Donner Lake community is really doing in the housing market.

The Donner Lake area is a popular second home community in the Truckee – Tahoe area offering great recreational amenities and close proximity to all of the local ski resorts.

The Donner Lake area offers a wonderful Tahoe lifestyle. The Donner Lake area has excellent recreational amenities such as beautiful public and private beaches, public tennis courts, bike trails, and public boat launch areas.

The Donner Lake community offers lakefront homes, along with lake view properties, luxury, high-end mountain homes, and smaller Tahoe cabins, and a nice selection of condo options. The area also has commercial opportunities, including restaurants, small convenience stores, and motels.

Over 44% of all sales in the Donner Lake home market were above $500,000, with one Donner Lake lakefront sale, which is a good signal that the Donner Lake and Truckee luxury markets are on the upswing.

The Donner Lake community, along with entire Truckee area real estate market has improved.

Donner Lake real estate market conditions are better. Sellers are finding shorter marketing times and improved pricing!

While many Donner Lake sellers believe that the summer months are the time to sell (who can blame them, Donner Lake is a beautiful place to be during our warmer months), our Tahoe buyers are always looking for new listings and Donner Lake homes to buy all year long, including our snowy winter months!

Current Real Estate Inventory in Donner Lake, Truckee, California 96161 for Single Family Home Sales, November 2013:

Donner Lake, Truckee, California 96161 Homes Available for Sale as of 11/18/2013:

30 Single Family Homes currently listed for sale – Standard Sale
0 Single Family Homes currently listed for sale – Short Sale
0 Single Family Homes currently listed for sale – Bank owned/foreclosed – REO (Real Estate Owned)
0 Single Family Home currently listed for sale – Court Approval
8 Lakefront Single Family Homes currently listed for sale ($964,000 to $4,900,000) Average $2,224,450
$325,000 to $4,900,000 is the Price Range of Single Family Homes listed for sale
$647,000 Average Median Listed Sales Price for Single Family Homes Currently on the Market for Sale
$1,143,873 Average Listed Sales Price for Single Family Homes Currently on the Market for Sale
257 DOM (Days on Market) for Single Family Homes on the Market for Sale

Donner Lake, Truckee, California 96161 Pending Home Sales as of 11/18/2013

8 Single Family Homes are Pending Sale – (Under Contract and in Escrow)
1 Lakefront Single Family Home Pending Sale – ($1,999,000)
$369,000 – $1,999,000 – Price Range of Single Family Homes listed for sale
$512,000 – Average Median Listed Sales Price for Single Family Homes – Pending Sales
$810,625 – Average Listed Sales Price for Single Family Homes – Pending Sales
190 DOM (Days on Market) for Single Family Homes on the Market for Sale

Donner Lake, California 96161 Homes Sold for 2013 (01/01/2013 – 11/18/2013)

27 Single Family Homes Sold in 2013
1 Lakefront Single Family Home Sold 2013 – ($1,634,300)
$247,000 – $1,634,200 is the Price Range of Single Family Homes Sold in 2013
$460,000 Average Median Sold Sales Price for Single Family Homes – Sold (90.2% of List/Sold Price)
$533,485 Average Sales Price Sold for Single Family Homes – Sold (96.0% of List/Sold Price)
53 DOM (Days on Market) for Single Family Homes on the Market for Sale
22.2% were Cash Sales or almost 1 out of every 4 homes sold was a cash buyer

All of the Donner Lake data comes from the Tahoe Sierra Board of REALTORS® data base and is subject to change and/or correction without notice.

Donner Lake real estate market conditions are local. Talk to a local Tahoe real estate agent / Tahoe REALTOR® to get the most up-to-date neighborhood and market conditions if you are considering buying, or selling.

Thinking about making Truckee your second home? Here are some popular area options:

For all of your Tahoe real estate needs –

Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE, Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker, Tahoe City, CA CalRE#01908304

All information is deemed reliable, but is subject to change, and/or correction without notice.

Donner Lake, CA 96161 Current Real Estate Market Trends November 2013