CA Weekly Market Update

August 12, 2009

As of July 29th, 2009, I began adding Condos to the market statistics. What you are looking at below are charts and numbers derived from the South Tahoe Association Of Realtors Multiple Listing Service for Single Family Homes and Condos. The reason that I use this segment of the market is that it has the most influence on the general value trends.

This past week we saw an upward spike in the Market Activity Ratio from 15.9% to 16.7% as the Inventory dipped and the pending sales rose. The Market Activity Ratio is the relationship between the Active Listings and Pending Sales. The Active listings is down by 6, Pendings Sales up by 5. The completed transactions or Sales is up by 8 for a YTD total of 232 sales with a Median Sales Price of $318,000 and Average Sales Price of $389,286 and the variance from the previous week is up 1% and up 3.4% respectively. What a big difference a $2.8 million sale can make on the numbers. The market continues to show a steady stream of sales. As we near the end of the summer we will see the seasonal decrease in inventory.

Listings per Status

Area Market Survey

Listings as of 08/12/09 at 9:25pm

Active
Listing Price Range	Quantity	Average DOM
$100,000 thru $119,999	2	10
$120,000 thru $139,999	4	79
$140,000 thru $159,999	4	71
$160,000 thru $179,999	5	130
$180,000 thru $199,999	13	243
$200,000 thru $249,999	32	152
$250,000 thru $299,999	64	161
$300,000 thru $349,999	54	132
$350,000 thru $399,999	57	120
$400,000 thru $449,999	29	149
$450,000 thru $499,999	39	180
$500,000 thru $549,999	30	165
$550,000 thru $599,999	34	194
$600,000 thru $649,999	13	184
$650,000 thru $699,999	26	190
$700,000 thru $749,999	13	186
$750,000 thru $799,999	15	167
$800,000 thru $849,999	13	148
$850,000 thru $899,999	4	176
$900,000 thru $949,999	3	189
$950,000 thru $999,999	16	274
$1,000,000 thru $1,249,999	15	210
$1,250,000 thru $1,499,999	17	227
$1,500,000 thru $1,749,999	7	283
$1,750,000 thru $1,999,999	8	276
$2,000,000 thru $2,249,999	2	387
$2,250,000 thru $2,499,999	9	223
$3,000,000 thru $3,249,999	1	335
$3,250,000 thru $3,499,999	5	160
$4,250,000 thru $4,499,999	1	379
$4,500,000 thru $4,749,999	1	237
$5,000,000 thru $5,999,999	1	1127
	537	173


Summary Price Information
Minimum	$103,900	Maximum	$5,950,000
Average	$641,910	Median	$459,000

Equal Opportunity Housing * All information deemed reliable, but not guaranteed.

Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market
Copyright ©2009 Rapattoni Corporation. All rights reserved.

Area Market Survey

Listings as of 08/12/09 at 9:25pm

Pending
Listing Price Range	Quantity	Average DOM
$140,000 thru $159,999	3	103
$180,000 thru $199,999	7	164
$200,000 thru $249,999	15	72
$250,000 thru $299,999	19	102
$300,000 thru $349,999	14	155
$350,000 thru $399,999	8	286
$400,000 thru $449,999	5	301
$450,000 thru $499,999	4	72
$500,000 thru $549,999	9	181
$550,000 thru $599,999	4	109
$600,000 thru $649,999	3	246
$650,000 thru $699,999	5	137
$700,000 thru $749,999	3	496
$750,000 thru $799,999	2	91
$850,000 thru $899,999	1	274
$950,000 thru $999,999	4	334
$1,250,000 thru $1,499,999	2	245
	108	167


Summary Price Information
Minimum	$140,000	Maximum	$1,349,000
Average	$426,329	Median	$327,450

Sold
Selling Price Range	Quantity	Average DOM
$120,000 thru $139,999	1	102
$140,000 thru $159,999	5	78
$160,000 thru $179,999	10	128
$180,000 thru $199,999	10	124
$200,000 thru $249,999	29	158
$250,000 thru $299,999	42	156
$300,000 thru $349,999	35	148
$350,000 thru $399,999	25	191
$400,000 thru $449,999	15	140
$450,000 thru $499,999	15	190
$500,000 thru $549,999	10	261
$550,000 thru $599,999	7	220
$600,000 thru $649,999	7	220
$650,000 thru $699,999	2	105
$700,000 thru $749,999	4	131
$750,000 thru $799,999	3	111
$800,000 thru $849,999	4	255
$850,000 thru $899,999	1	425
$900,000 thru $949,999	3	320
$1,000,000 thru $1,249,999	1	213
$1,250,000 thru $1,499,999	1	229
$1,500,000 thru $1,749,999	1	14
$2,750,000 thru $2,999,999	1	130
	232	167


Summary Price Information
Minimum	$135,000	Maximum	$2,850,000
Average	$389,286	Median	$318,000

Equal Opportunity Housing * All information deemed reliable, but not guaranteed.

Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market
Copyright ©2009 Rapattoni Corporation. All rights reserved.

Filed Under Weekly Statistics for CA · Leave a Comment

CA Weekly Market Update

August 6, 2009

This year’s market activity is staying relatively constant and better than last year! The Market Activity Ratio is the relationship between the Active Listings and the Pending Sales and this week it is slightly down from 16% to 15.9%. The result is the Active Listings is down by 13 and Pending Sales is down by 3. Completed Transactions or Sales is up by 13 this past week for a YTD of 224 with a Median Sales Price of $315,000, Average Sales Price of $376,433 and Average Days On Market is 166 days. The Median Sales Price remained the same since last week and the Average Sales Price increased by 1%. It’s the lower prices which are continueing to drive our market.

Listings per Status

Area Market Survey

Listings as of 08/06/09 at 2:51pm

Active
Listing Price Range	Quantity	Average DOM
$100,000 thru $119,999	2	4
$120,000 thru $139,999	3	98
$140,000 thru $159,999	4	65
$160,000 thru $179,999	5	124
$180,000 thru $199,999	12	246
$200,000 thru $249,999	32	147
$250,000 thru $299,999	67	160
$300,000 thru $349,999	51	127
$350,000 thru $399,999	57	116
$400,000 thru $449,999	33	145
$450,000 thru $499,999	39	177
$500,000 thru $549,999	28	152
$550,000 thru $599,999	38	186
$600,000 thru $649,999	13	187
$650,000 thru $699,999	27	187
$700,000 thru $749,999	12	190
$750,000 thru $799,999	16	155
$800,000 thru $849,999	12	154
$850,000 thru $899,999	5	172
$900,000 thru $949,999	3	183
$950,000 thru $999,999	16	275
$1,000,000 thru $1,249,999	15	204
$1,250,000 thru $1,499,999	17	221
$1,500,000 thru $1,749,999	8	287
$1,750,000 thru $1,999,999	8	270
$2,000,000 thru $2,249,999	2	381
$2,250,000 thru $2,499,999	9	217
$3,000,000 thru $3,249,999	1	329
$3,250,000 thru $3,499,999	5	154
$4,250,000 thru $4,499,999	1	373
$4,500,000 thru $4,749,999	1	231
$5,000,000 thru $5,999,999	1	1121
	543	170


Summary Price Information
Minimum	$103,900	Maximum	$5,950,000
Average	$643,786	Median	$460,000

Equal Opportunity Housing * All information deemed reliable, but not guaranteed.

Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market
Copyright ©2009 Rapattoni Corporation. All rights reserved.

Area Market Survey

Listings as of 08/06/09 at 2:51pm

Pending
Listing Price Range	Quantity	Average DOM
$140,000 thru $159,999	4	161
$180,000 thru $199,999	8	155
$200,000 thru $249,999	14	67
$250,000 thru $299,999	17	85
$300,000 thru $349,999	12	165
$350,000 thru $399,999	9	282
$400,000 thru $449,999	5	302
$450,000 thru $499,999	3	45
$500,000 thru $549,999	9	180
$550,000 thru $599,999	4	232
$600,000 thru $649,999	2	299
$650,000 thru $699,999	4	133
$700,000 thru $749,999	3	490
$750,000 thru $799,999	2	85
$850,000 thru $899,999	1	268
$950,000 thru $999,999	3	402
$1,250,000 thru $1,499,999	2	239
$3,000,000 thru $3,249,999	1	126
	103	173


Summary Price Information
Minimum	$140,000	Maximum	$3,200,000
Average	$443,472	Median	$329,900

Sold
Selling Price Range	Quantity	Average DOM
$120,000 thru $139,999	1	102
$140,000 thru $159,999	5	78
$160,000 thru $179,999	10	128
$180,000 thru $199,999	10	124
$200,000 thru $249,999	29	158
$250,000 thru $299,999	41	158
$300,000 thru $349,999	34	145
$350,000 thru $399,999	24	196
$400,000 thru $449,999	14	140
$450,000 thru $499,999	14	196
$500,000 thru $549,999	10	261
$550,000 thru $599,999	7	220
$600,000 thru $649,999	6	150
$650,000 thru $699,999	2	105
$700,000 thru $749,999	3	111
$750,000 thru $799,999	3	111
$800,000 thru $849,999	4	255
$850,000 thru $899,999	1	425
$900,000 thru $949,999	3	320
$1,000,000 thru $1,249,999	1	213
$1,250,000 thru $1,499,999	1	229
$1,500,000 thru $1,749,999	1	14
	224	166