• 3 BR, 2 BA
• 1448 Sq Ft
• Built in 1993
• Great rental history
• 0.6 Arce Lot

• $785K
• 4 BR, 3.5 BA
• 2704 Sq Ft
• Granite & Knotty Alder Trim, Travertine

Call 530-448-1100 to view

• $999K
• 5 BR, 3.5 BA
• 3290 Sq Ft
• 2 Car garage
• Large Rec room
• Wine Cellar
• Granite Counters and Alder cabinets
• Additional Custom Touches

Call for additional information - 530-448-1100

Once you register on this page, you can save the searches you set up, as well as, sign up for new listing notifications. For example, if you are looking for a 3 Bedroom, 3 Bath Home priced between $650K and $850K in Tahoe Donner, you can set up such a search and use the same search every time you come back to this site. You would sign in to the “Registered Users” to see your saved searches. You can also modify the criteria or set up multiple searches with different criteria - its easy to do. Or call me and I’ll set up a search or searches for you. Also, if you see a property of interest during the search you can let me know and I’ll be glad to show it to you - or you can save it for future reference or comparison.

New Listing Notifications

You can also obtain an automatic email notification where you will be notified the same day that a new property, meeting your search criteria, is listed on the local MLS service - so, you won’t miss a thing for the new listings that meet your criteria - again, call me, or email me, if you want help in setting up the listing notification.

Considering Selling Your Home and Want to See Competitive Listings?

Considering selling your home? If so, we can set up a listing notification for homes that are similar to yours so you can get a feel for the competitive properties entering the market in real time. Again, let me know if I can help you with this.

Note for Registered Users: If you don’t recall your password let me know and I’ll send it to you.

“I continue to be proud and impressed by the quality of the information that my broker, Keller Williams, makes available to help consumers truly understand the real estate market. This video, hosted by Dave Jenks and Jay Papasan, two VERY smart, strategic-thinking men, tells a very compelling story about why buyers need to get off the fence and take advantage of the buyer’s market….after all, they call it that for a reason!!!”

The video is delivered by two KW exec’s, Jay Papasan and Dave Jenks talk about evidence of a turn-around in the Real Estate Market.

Jay Papasan is co-author and executive editor of The Millionaire Real Estate Agent and The Millionaire Real Estate Investor, with Gary Keller and Dave Jenks.

Dave Jenks serves as vice president of research and development for Keller Williams.

Buyers Market Video

Contact me for information or a tour of the Lodge.  Gary at 530-448-1100

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Northstar™ Lodge ~ Hyatt® Residence Club  represents a joint-partnership between East West Partners and Hyatt Vacation Club and is being created with a commitment to achieving the highest standards of ecological and social responsibility. We employ environmentally conscious practices rarely applied on such a comprehensive basis in real estate development. It is a philosophy that permeates every aspect of the development and operation at Northstar Lodge.

Subject: November 2008 Tahoe Donner Market Activity for Single Family Homes

Tahoe Donner is a relatively large community in Truckee with approximately 6000 home sites, nearly 85% of which have been completed  – so, statistically it is a good area to choose from to ascertain Truckee market activity and pricing trends.  Please contact me if you would like more information about market activity for certain price ranges or similar data for other Truckee/Tahoe housing communities.

The data contained herein is obtained from the Tahoe Sierra MLS. This data is believed to be accurate but must be verified prior to submitting a purchase offer.  

The following Figure shows Tahoe Donner Single Family Home activity from Jan 2008 through November 2008.

Figure 1. Tahoe Donner Single Family Home Sales

This is positive since inventory is remaining low and not putting pressure on sales prices.

The average home sales in 2005 were 22 homes/month, 15 homes/month for 2006 and 15 homes/month in 2007. Regarding 2008 so far, we had a couple slow months in Jan and Feb but the activity picked up in Mar with 17 sales, Apr with 15 sales, fell a bit in May with 11 sales, 22 homes in Jun  14 in July and a robust 20 in August and September, 29 in October and 11 in November.  The good news here is that we are averaging about 20 homes month in sales since Auguts of 2008.

A good indicator for sales activity is the “Days on Market” for an average listing. This peaked in Feb-Mar and declined in April-May but picked up in June to 127 days but fell to 80 days in July.  In August this rose slightly to 89 days and dropped to 60 in September but jumped up a bit to 98 in October and 131 in November.  This means that on the average it is now taking roughly a bit over 4 months to sell a home in Tahoe Donner.

Conclusion: Compared to other areas, the Tahoe Donner Market is behaving amazingly well by several measures. Inventory continues to be limited, days-on market has remained in the 3-4 month area. And as Figure 2 shows, average and median prices have been increasing except for Oct.   

MLS data is available and I encourage the buyer or seller to study the data and arrive at their own conclusions before making a buy or sell decision. Contact me if you would like to see the “raw” data.

Figure 2. Tahoe Donner Single Family Home Median and Average Home Price

So, what’s the future hold?  Hard to say but it is clear that building activity for spec homes is significantly down from the previous year.  Our local market in Tahoe Donner is served by a number of smaller contractors that have reacted quickly to the market conditions by not building more new homes and inflating inventory.

This means there could be fewer new homes on the market and therefore, keep inventory levels lower which should help sales of existing homes. 

Other factors that have affected the local market are lending agency repossessions and short sales. Repossessed properties can be “distressed” and therefore could be sold at a discount to the “accepted” market price. In some cases, an alternative to repossession is a short sale where the lending agency will allow the homeowner to sell the property at a price below that of the loan balance and “forgive” the difference.  Such activity, if significant in the future, could adversely affect the average price of homes sold.

Call me if you have any questions about the data and graphs!

Figure 3. 2007 and 2008 Year to Date Sales Data

I hope this data, presented in this form was useful to you. For an instant update, or a discussion about condos/townhomes, please call me and I’ll be pleased to provide you with the most recent data available.

Caution should be used when interpreting the data as there are many market factors influencing pricing that may or may not be relevant or obvious to the reader.  

Good luck in selling or buying your home in Tahoe Donner or the other Tahoe/Truckee communities – please let me know if I can be of service to you!

Gary LaBelle, Realtor

11382 Northwoods Blvd

Truckee, CA  96161

(530) 448-1100

www.truckeehome411.com

 Referrals greatly appreciated

• Single Family Home
• 3 Bedroom, 2.5 Baths
• Prices starting at $527,500
• 2 Floor Plans - approx. 1934 square feet
• 2 Car garage
• 19 Homes in the community
• Custom Cabinets, Hardwood Floors, Granite
• Jetted Tub
• Stainless Steel Appliances Included

Call me if you would like to tour this home.

• 4 Bedroom, 4 Bath
• Approximately 3438 square feet
• Priced reduced to $1,049,900 
• Located near 14th Green and 15th Tee
• Multiple family friendly - 3 Master Suites
• Large Great Room with Log Posts and River Rock
• Large Family Room with Bar
• Outdoor Water Feature with Pond

Try the following: http://www.tahoetruckeevacations.com/

Or call 530-582-6186 and ask for Karli or Kristi.

Have fun in Tahoe!