Approximately 30% of homes and condos sold in Tahoe Donner within the past 90 days were on the market for less than a month. The average days on market is 99 days. These statistics are echoed in home and condo sales throughout the Tahoe/Truckee market showing that when buyers find a good deal they are moving forward with the purchase without delay. Homes and condos selling in 31 days or less are also sellling for an average of 98% of the list price. Homes that are priced right sell now.
The lesson here? When you have decided to make a purchase, be ready to move when you find the right home. Sellers are competing for the limited amount of buyers with short sale and REO properties, and this competition is creating a very favorable environment for investors and savvy buyers alike.
Please call me today to help you find the home for you, or view all area listings HERE.
If you would like to get automatic notifications of new listings and price changes for properties fitting your specific needs, fill out the form found HERE. It’s an easy and free way to keep up to date on what you’re looking to purchase.
Jamie Schou
Direct – 530-798-1393
jschou@kw.com