Weekly South Lake Tahoe CA Real Estate Market Update

September 30, 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.

The Market Acitivity Ratio which is the relationship between Active Listings (inventory) and Pending Sales (escrows) rose this past week from 18.5% to 19.9%.  This is the result of the Active Listings decreasing by 16 as the Pending Sales increased by 7.  The number of completed transactions or Sale increased by 12 this past week for a YTD of 311.  The Median Sales Price remained at $315,000, the Average Sales Price reduced very slightly to $383,564 and the Average Days On Market is 162.  Four of the sales occurred above $500,000 with the highest sale at $620,000 and the rest below $425,000. 

Listings per Status

Area Market Survey

Listings as of 09/30/09 at 8:13pm

Active
Listing Price Range  Quantity      Average DOM  
$90,000 thru $99,999 1 61  
$100,000 thru $119,999 2 171  
$120,000 thru $139,999 3 81  
$140,000 thru $159,999 4 93  
$160,000 thru $179,999 6 149  
$180,000 thru $199,999 10 247  
$200,000 thru $249,999 34 128  
$250,000 thru $299,999 53 142  
$300,000 thru $349,999 54 124  
$350,000 thru $399,999 63 137  
$400,000 thru $449,999 24 200  
$450,000 thru $499,999 28 161  
$500,000 thru $549,999 23 190  
$550,000 thru $599,999 32 215  
$600,000 thru $649,999 11 108  
$650,000 thru $699,999 25 231  
$700,000 thru $749,999 8 187  
$750,000 thru $799,999 12 173  
$800,000 thru $849,999 7 146  
$850,000 thru $899,999 7 185  
$900,000 thru $949,999 3 392  
$950,000 thru $999,999 17 283  
$1,000,000 thru $1,249,999 9 336  
$1,250,000 thru $1,499,999 16 272  
$1,500,000 thru $1,749,999 6 217  
$1,750,000 thru $1,999,999 8 268  
$2,000,000 thru $2,249,999 4 309  
$2,250,000 thru $2,499,999 6 299  
$2,750,000 thru $2,999,999 1 90  
$3,000,000 thru $3,249,999 1 384  
$3,250,000 thru $3,499,999 4 239  
$3,750,000 thru $3,999,999 1 26  
$4,250,000 thru $4,499,999 1 428  
$4,500,000 thru $4,749,999 2 153  
$5,000,000 thru $5,999,999 1 1176  
  487 181  
 
Summary Price Information
Minimum  $94,900 Maximum  $5,950,000
Average  $652,762 Median  $434,900
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 09/30/09 at 8:13pm

Pending
Listing Price Range  Quantity      Average DOM  
$100,000 thru $119,999 1 57  
$120,000 thru $139,999 2 70  
$140,000 thru $159,999 3 143  
$160,000 thru $179,999 2 91  
$180,000 thru $199,999 5 93  
$200,000 thru $249,999 13 95  
$250,000 thru $299,999 22 127  
$300,000 thru $349,999 14 200  
$350,000 thru $399,999 6 243  
$400,000 thru $449,999 5 275  
$450,000 thru $499,999 14 200  
$500,000 thru $549,999 6 173  
$550,000 thru $599,999 9 195  
$600,000 thru $649,999 4 354  
$650,000 thru $699,999 5 163  
$700,000 thru $749,999 5 380  
$750,000 thru $799,999 1 47  
$950,000 thru $999,999 2 620  
$1,250,000 thru $1,499,999 2 288  
  121 186  
 
Summary Price Information
Minimum  $105,000 Maximum  $1,395,000
Average  $420,385 Median  $349,500

Sold
Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 3 200  
$140,000 thru $159,999 6 90  
$160,000 thru $179,999 12 128  
$180,000 thru $199,999 14 139  
$200,000 thru $249,999 44 147  
$250,000 thru $299,999 57 142  
$300,000 thru $349,999 44 141  
$350,000 thru $399,999 30 183  
$400,000 thru $449,999 18 151  
$450,000 thru $499,999 19 167  
$500,000 thru $549,999 15 278  
$550,000 thru $599,999 13 201  
$600,000 thru $649,999 9 230  
$650,000 thru $699,999 3 174  
$700,000 thru $749,999 5 129  
$750,000 thru $799,999 4 125  
$800,000 thru $849,999 5 213  
$850,000 thru $899,999 1 425  
$900,000 thru $949,999 5 235  
$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  
  311 162  
 
Summary Price Information
Minimum  $120,000 Maximum  $2,850,000
Average  $383,610 Median  $315,000
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.

Lake Tahoe NV East Shore Real Estate Weekly Market Update

September 24, 2009

What you are looking at below are charts and numbers derived from the Northern Nevada Regional Multiple Listing Service for Single Family Homes and Condos for the East Shore.  The reason that I use this segment of the market is that it has the most influence on the general value trends.

The Market Activitiy Ratio is the relationship between Active Listings (inventory on the market) and Pending Sales (in escrow).  This past week we have seen that trend cool off slightly from 15.1% to 13.2% for single family homes.  This is the result of the inventory remaining the same and Pending Sales decreasing by 3.  However, the 3 Pending Sales did convert to Sales this past week which brings the YTD total to 64 sales with a Median Sales Price of $517,500, Average Sales Price of $821,502 and Average Days On Market is 176.  The variance of Median Sales Price and the Average Sales Price from the previous week are both down by .5% and 2% respectively.  This was influenced by three sales at $355,000, $711,550 and $799,900.

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $280,000 - $284,999 1 $284,900 $284,900 $284,900 41
      $335,000 - $339,999 2 $674,900 $337,450 $337,450 54
      $395,000 - $399,999 2 $794,000 $397,000 $397,000 95
      $400,000 - $404,999 1 $400,000 $400,000 $400,000 70
      $425,000 - $429,999 2 $854,997 $427,499 $427,499 69
      $475,000 - $479,999 1 $475,000 $475,000 $475,000 6
      $495,000 - $499,999 1 $499,500 $499,500 $499,500 70
      $510,000 - $514,999 1 $510,000 $510,000 $510,000 89
      $520,000 - $524,999 1 $520,000 $520,000 $520,000 20
      $525,000 - $529,999 1 $525,000 $525,000 $525,000 402
      $535,000 - $539,999 1 $539,000 $539,000 $539,000 202
      $545,000 - $549,999 2 $1,098,000 $549,000 $549,000 208
      $555,000 - $559,999 1 $557,000 $557,000 $557,000 249
      $570,000 - $574,999 1 $573,500 $573,500 $573,500 124
      $590,000 - $594,999 1 $594,000 $594,000 $594,000 132
      $595,000 - $599,999 2 $1,196,777 $598,389 $598,389 136
      $625,000 - $629,999 1 $625,000 $625,000 $625,000 31
      $635,000 - $639,999 2 $1,274,000 $637,000 $637,000 51
      $645,000 - $649,999 1 $645,000 $645,000 $645,000 535
      $685,000 - $689,999 1 $689,500 $689,500 $689,500 411
      $690,000 - $694,999 1 $694,700 $694,700 $694,700 28
      $725,000 - $729,999 2 $1,458,000 $729,000 $729,000 404
      $745,000 - $749,999 2 $1,494,900 $747,450 $747,450 632
      $750,000 - $754,999 2 $1,500,000 $750,000 $750,000 635
      $765,000 - $769,999 1 $769,950 $769,950 $769,950 391
      $775,000 - $779,999 2 $1,550,000 $775,000 $775,000 190
      $795,000 - $799,999 2 $1,598,000 $799,000 $799,000 301
      $800,000 - $804,999 1 $800,000 $800,000 $800,000 72
      $835,000 - $839,999 1 $839,000 $839,000 $839,000 45
      $840,000 - $844,999 1 $840,000 $840,000 $840,000 69
      $895,000 - $899,999 3 $2,689,500 $896,500 $895,500 345
      $975,000 - $979,999 1 $979,000 $979,000 $979,000 41
      $1,060,000 - $1,064,999 1 $1,064,000 $1,064,000 $1,064,000 81
      $1,095,000 - $1,099,999 1 $1,095,000 $1,095,000 $1,095,000 737
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 151
      $1,150,000 - $1,154,999 2 $2,300,000 $1,150,000 $1,150,000 324
      $1,190,000 - $1,194,999 1 $1,190,000 $1,190,000 $1,190,000 159
      $1,195,000 - $1,199,999 3 $3,589,000 $1,196,333 $1,195,000 443
      $1,200,000 - $1,204,999 2 $2,400,000 $1,200,000 $1,200,000 676
      $1,250,000 - $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 484
      $1,275,000 - $1,279,999 3 $3,825,000 $1,275,000 $1,275,000 173
      $1,295,000 - $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 53
      $1,300,000 - $1,304,999 1 $1,300,000 $1,300,000 $1,300,000 230
      $1,350,000 - $1,354,999 3 $4,050,000 $1,350,000 $1,350,000 51
      $1,375,000 - $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 376
      $1,390,000 - $1,394,999 1 $1,390,000 $1,390,000 $1,390,000 288
      $1,395,000 - $1,399,999 1 $1,399,000 $1,399,000 $1,399,000 624
      $1,400,000 - $1,404,999 2 $2,800,000 $1,400,000 $1,400,000 200
      $1,445,000 - $1,449,999 1 $1,445,000 $1,445,000 $1,445,000 69
      $1,495,000 - $1,499,999 1 $1,499,000 $1,499,000 $1,499,000 36
      $1,500,000 - $1,504,999 1 $1,500,000 $1,500,000 $1,500,000 911
      $1,585,000 - $1,589,999 1 $1,585,000 $1,585,000 $1,585,000 69
      $1,685,000 - $1,689,999 1 $1,685,000 $1,685,000 $1,685,000 112
      $1,695,000 - $1,699,999 2 $3,390,000 $1,695,000 $1,695,000 250
      $1,750,000 - $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 279
      $1,775,000 - $1,779,999 1 $1,775,000 $1,775,000 $1,775,000 481
      $1,785,000 - $1,789,999 1 $1,785,000 $1,785,000 $1,785,000 114
      $1,850,000 - $1,854,999 1 $1,850,000 $1,850,000 $1,850,000 242
      $1,890,000 - $1,894,999 1 $1,890,000 $1,890,000 $1,890,000 45
      $1,950,000 - $1,954,999 3 $5,850,000 $1,950,000 $1,950,000 221
      $1,975,000 - $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 665
      $1,995,000 - $1,999,999 4 $7,984,000 $1,996,000 $1,995,000 338
      $2,095,000 - $2,099,999 1 $2,095,000 $2,095,000 $2,095,000 520
      $2,100,000 - $2,104,999 1 $2,100,000 $2,100,000 $2,100,000 827
      $2,190,000 - $2,194,999 1 $2,190,000 $2,190,000 $2,190,000 435
      $2,245,000 - $2,249,999 1 $2,245,000 $2,245,000 $2,245,000 84
      $2,295,000 - $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 402
      $2,300,000 - $2,304,999 2 $4,600,000 $2,300,000 $2,300,000 318
      $2,400,000 - $2,404,999 1 $2,400,000 $2,400,000 $2,400,000 1112
      $2,445,000 - $2,449,999 1 $2,449,000 $2,449,000 $2,449,000 435
      $2,450,000 - $2,454,999 1 $2,450,000 $2,450,000 $2,450,000 6
      $2,495,000 - $2,499,999 2 $4,994,000 $2,497,000 $2,497,000 818
      $2,550,000 - $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 120
      $2,595,000 - $2,599,999 2 $5,190,000 $2,595,000 $2,595,000 436
      $2,795,000 - $2,799,999 1 $2,795,000 $2,795,000 $2,795,000 148
      $2,900,000 - $2,904,999 1 $2,900,000 $2,900,000 $2,900,000 152
      $2,925,000 - $2,929,999 1 $2,925,000 $2,925,000 $2,925,000 88
      $3,300,000 - $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 45
      $3,495,000 - $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 484
      $3,950,000 - $3,954,999 1 $3,950,000 $3,950,000 $3,950,000 221
      $3,995,000 - $3,999,999 2 $7,994,000 $3,997,000 $3,997,000 277
      $4,600,000 - $4,604,999 1 $4,600,000 $4,600,000 $4,600,000 467
      $4,680,000 - $4,684,999 1 $4,680,000 $4,680,000 $4,680,000 139
      $4,695,000 - $4,699,999 1 $4,695,000 $4,695,000 $4,695,000 214
      Sub Total 116 $172,820,124 $1,489,829 $1,275,000 279
New                
  RESIDENTIAL              
    Residential            
      $335,000 - $339,999 1 $339,000 $339,000 $339,000 2
      Sub Total 1 $339,000 $339,000 $339,000 2
Price Reduced                
  RESIDENTIAL              
    Residential            
      $795,000 - $799,999 1 $799,000 $799,000 $799,000 128
      Sub Total 1 $799,000 $799,000 $799,000 128
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $495,000 - $499,999 1 $499,000 $499,000 $499,000 52
      $675,000 - $679,999 1 $675,000 $675,000 $675,000 419
      $1,470,000 - $1,474,999 1 $1,470,000 $1,470,000 $1,470,000 58
      $2,625,000 - $2,629,999 1 $2,625,000 $2,625,000 $2,625,000 254
      $3,995,000 - $3,999,999 1 $3,995,000 $3,995,000 $3,995,000 185
      Sub Total 5 $9,264,000 $1,852,800 $1,470,000 194
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $300,000 - $304,999 1 $304,000 $304,000 $304,000 78
      $540,000 - $544,999 1 $540,000 $540,000 $540,000 66
      $550,000 - $554,999 1 $550,000 $550,000 $550,000 64
      $795,000 - $799,999 1 $799,000 $799,000 $799,000 344
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 91
      $3,500,000 - $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 417
      Sub Total 6 $6,793,000 $1,132,167 $674,500 177
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $275,000 - $279,999 1 $279,000 $279,000 $279,000 208
      $480,000 - $484,999 1 $484,000 $484,000 $484,000 292
      $495,000 - $499,999 1 $495,000 $495,000 $495,000 330
      $555,000 - $559,999 1 $559,000 $559,000 $559,000 650
      $765,000 - $769,999 1 $765,000 $765,000 $765,000 247
      $3,500,000 - $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 104
      Sub Total 6 $6,082,000 $1,013,667 $527,000 305
SOLD                
  RESIDENTIAL              
    Residential            
      $180,000 - $184,999 1 $181,900 $181,900 $181,900 34
      $220,000 - $224,999 1 $220,221 $220,221 $220,221 47
      $250,000 - $254,999 1 $250,000 $250,000 $250,000 93
      $265,000 - $269,999 1 $269,900 $269,900 $269,900 38
      $280,000 - $284,999 1 $280,000 $280,000 $280,000 199
      $285,000 - $289,999 1 $289,900 $289,900 $289,900 92
      $290,000 - $294,999 1 $292,000 $292,000 $292,000 41
      $300,000 - $304,999 2 $601,000 $300,500 $300,500 196
      $325,000 - $329,999 2 $656,500 $328,250 $328,250 79
      $335,000 - $339,999 1 $335,000 $335,000 $335,000 420
      $340,000 - $344,999 1 $340,000 $340,000 $340,000 170
      $350,000 - $354,999 1 $350,000 $350,000 $350,000 134
      $355,000 - $359,999 3 $1,072,310 $357,437 $356,400 117
      $375,000 - $379,999 2 $753,000 $376,500 $376,500 100
      $380,000 - $384,999 2 $762,500 $381,250 $381,250 170
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 41
      $415,000 - $419,999 1 $415,000 $415,000 $415,000 255
      $435,000 - $439,999 1 $439,000 $439,000 $439,000 131
      $450,000 - $454,999 2 $900,000 $450,000 $450,000 60
      $455,000 - $459,999 1 $455,000 $455,000 $455,000 247
      $485,000 - $489,999 2 $973,000 $486,500 $486,500 342
      $500,000 - $504,999 1 $500,000 $500,000 $500,000 49
      $510,000 - $514,999 1 $510,000 $510,000 $510,000 551
      $515,000 - $519,999 1 $515,000 $515,000 $515,000 74
      $520,000 - $524,999 1 $520,000 $520,000 $520,000 50
      $540,000 - $544,999 1 $542,000 $542,000 $542,000 137
      $545,000 - $549,999 2 $1,090,000 $545,000 $545,000 63
      $550,000 - $554,999 2 $1,100,000 $550,000 $550,000 63
      $575,000 - $579,999 1 $575,000 $575,000 $575,000 86
      $590,000 - $594,999 1 $590,000 $590,000 $590,000 156
      $600,000 - $604,999 2 $1,204,900 $602,450 $602,450 60
      $625,000 - $629,999 1 $629,000 $629,000 $629,000 79
      $630,000 - $634,999 1 $630,000 $630,000 $630,000 349
      $705,000 - $709,999 1 $705,999 $705,999 $705,999 202
      $715,000 - $719,999 1 $715,000 $715,000 $715,000 102
      $720,000 - $724,999 1 $722,000 $722,000 $722,000 76
      $725,000 - $729,999 1 $725,000 $725,000 $725,000 107
      $750,000 - $754,999 1 $751,000 $751,000 $751,000 56
      $770,000 - $774,999 1 $770,000 $770,000 $770,000 97
      $780,000 - $784,999 1 $781,000 $781,000 $781,000 100
      $810,000 - $814,999 1 $810,000 $810,000 $810,000 121
      $890,000 - $894,999 1 $890,000 $890,000 $890,000 477
      $950,000 - $954,999 1 $950,000 $950,000 $950,000 40
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 53
      $1,265,000 - $1,269,999 1 $1,265,000 $1,265,000 $1,265,000 10
      $1,375,000 - $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 35
      $1,625,000 - $1,629,999 1 $1,625,000 $1,625,000 $1,625,000 270
      $2,625,000 - $2,629,999 1 $2,625,000 $2,625,000 $2,625,000 652
      $2,750,000 - $2,754,999 1 $2,750,000 $2,750,000 $2,750,000 731
      $3,300,000 - $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 94
      $3,650,000 - $3,654,999 1 $3,650,000 $3,650,000 $3,650,000 1026
      $4,200,000 - $4,204,999 1 $4,200,000 $4,200,000 $4,200,000 321
      $4,225,000 - $4,229,999 1 $4,225,000 $4,225,000 $4,225,000 634
      Sub Total 64 $52,576,130 $821,502 $517,500 176
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $895,000 - $899,999 1 $895,000 $895,000 $895,000 162
      Sub Total 1 $895,000 $895,000 $895,000 162
                 
Grand Totals 200 $249,568,254 $1,247,841 $799,000 239

South Lake Tahoe CA Weekly Real Estate Market Update

September 23, 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.
The Market Activity Ratio which is the Relationship between Active Listings and Pending Sales on the market is slightly up this week from 18.2% to 18.5%.  This is due to the Active Listing inventory droping by 8 from the previous week and the number of Pending Sales remaining the same.  There was an additional 14 completed transactions or Sales this past week with the Median Sales Price remaining the same at $315,000 and the Average Sales Price slightly adjusting downward to $383,564.  This represents zero variance for the Median Sales Price and a slight drop in variance for the Average Sales Price of 1.1%.  The Average Days On Market is 163.  The statistics below will show that the majority sales is occurring between the price bracket of $200,000 and $350,000.  The inventory is still maintaining the supply due to the forclosure replacement.

Listings per Status

Area Market Survey

Listings as of 09/23/09 at 8:30pm

Active
Listing Price Range  Quantity      Average DOM  
$90,000 thru $99,999 1 54  
$100,000 thru $119,999 3 126  
$120,000 thru $139,999 3 74  
$140,000 thru $159,999 3 104  
$160,000 thru $179,999 6 123  
$180,000 thru $199,999 13 214  
$200,000 thru $249,999 37 149  
$250,000 thru $299,999 52 130  
$300,000 thru $349,999 53 135  
$350,000 thru $399,999 59 134  
$400,000 thru $449,999 25 191  
$450,000 thru $499,999 33 168  
$500,000 thru $549,999 23 202  
$550,000 thru $599,999 35 215  
$600,000 thru $649,999 11 105  
$650,000 thru $699,999 25 223  
$700,000 thru $749,999 9 218  
$750,000 thru $799,999 15 169  
$800,000 thru $849,999 8 203  
$850,000 thru $899,999 7 178  
$900,000 thru $949,999 3 385  
$950,000 thru $999,999 17 276  
$1,000,000 thru $1,249,999 10 305  
$1,250,000 thru $1,499,999 17 269  
$1,500,000 thru $1,749,999 6 210  
$1,750,000 thru $1,999,999 7 289  
$2,000,000 thru $2,249,999 4 302  
$2,250,000 thru $2,499,999 7 259  
$2,750,000 thru $2,999,999 1 83  
$3,000,000 thru $3,249,999 1 377  
$3,250,000 thru $3,499,999 4 232  
$3,750,000 thru $3,999,999 1 19  
$4,250,000 thru $4,499,999 1 421  
$4,500,000 thru $4,749,999 2 146  
$5,000,000 thru $5,999,999 1 1169  
  503 182  
 
Summary Price Information
Minimum  $94,900 Maximum  $5,950,000
Average  $653,333 Median  $445,000
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 09/23/09 at 8:30pm

Pending
Listing Price Range  Quantity      Average DOM  
$120,000 thru $139,999 2 63  
$140,000 thru $159,999 4 138  
$160,000 thru $179,999 2 84  
$180,000 thru $199,999 4 104  
$200,000 thru $249,999 14 109  
$250,000 thru $299,999 21 127  
$300,000 thru $349,999 14 196  
$350,000 thru $399,999 7 246  
$400,000 thru $449,999 5 273  
$450,000 thru $499,999 9 208  
$500,000 thru $549,999 7 153  
$550,000 thru $599,999 9 167  
$600,000 thru $649,999 3 448  
$650,000 thru $699,999 5 150  
$700,000 thru $749,999 5 373  
$950,000 thru $999,999 2 613  
$1,250,000 thru $1,499,999 1 218  
  114 185  
 
Summary Price Information
Minimum  $129,900 Maximum  $1,349,000
Average  $405,133 Median  $339,000

Sold
Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 3 200  
$140,000 thru $159,999 5 78  
$160,000 thru $179,999 12 128  
$180,000 thru $199,999 13 142  
$200,000 thru $249,999 42 147  
$250,000 thru $299,999 56 143  
$300,000 thru $349,999 44 141  
$350,000 thru $399,999 29 179  
$400,000 thru $449,999 17 156  
$450,000 thru $499,999 19 167  
$500,000 thru $549,999 13 305  
$550,000 thru $599,999 11 189  
$600,000 thru $649,999 8 244  
$650,000 thru $699,999 3 174  
$700,000 thru $749,999 5 129  
$750,000 thru $799,999 4 125  
$800,000 thru $849,999 5 213  
$850,000 thru $899,999 1 425  
$900,000 thru $949,999 5 235  
$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  
  299 163  
 
Summary Price Information
Minimum  $120,000 Maximum  $2,850,000
Average  $383,564 Median  $315,000
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.

Nevada East Shore Weekly Real Estate Market Update

September 18, 2009

What you are looking at below are charts and numbers derived from the Northern Nevada Regional Multiple Listing Service for Single Family Homes and Condos for the East Shore.  The reason that I use this segment of the market is that it has the most influence on the general value trends.

The Market Activity Ratio which is the relationship between Active listings and Pending sales, has increased this past week from 12.9% to 15.1%.  This is the result of Active Listings decreasing by 4 and the Pending sales increasing by 3.  The number of completed transactions or sales is up by 1 for a YTD total of 61 with a Median Sales Price of $520,000, Average Sales Price of $838,176 and Average Days on Market is 181.  The Median Sales Price is up by .6% and the Average Sales Price is down by .2% for the past week.  The one sale was a bank owned at Cave Rock for $799,000.

 

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $280,000 - $284,999 1 $284,900 $284,900 $284,900 35
      $335,000 - $339,999 1 $335,000 $335,000 $335,000 66
      $375,000 - $379,999 1 $379,900 $379,900 $379,900 332
      $395,000 - $399,999 2 $794,000 $397,000 $397,000 89
      $400,000 - $404,999 1 $400,000 $400,000 $400,000 64
      $425,000 - $429,999 1 $429,000 $429,000 $429,000 50
      $435,000 - $439,999 1 $439,000 $439,000 $439,000 8
      $495,000 - $499,999 2 $998,500 $499,250 $499,250 55
      $510,000 - $514,999 1 $510,000 $510,000 $510,000 83
      $520,000 - $524,999 1 $520,000 $520,000 $520,000 14
      $525,000 - $529,999 1 $525,000 $525,000 $525,000 396
      $535,000 - $539,999 1 $539,000 $539,000 $539,000 196
      $545,000 - $549,999 2 $1,098,000 $549,000 $549,000 202
      $555,000 - $559,999 1 $557,000 $557,000 $557,000 243
      $570,000 - $574,999 2 $1,147,500 $573,750 $573,750 149
      $590,000 - $594,999 1 $594,000 $594,000 $594,000 126
      $595,000 - $599,999 2 $1,196,777 $598,389 $598,389 130
      $625,000 - $629,999 1 $625,000 $625,000 $625,000 25
      $635,000 - $639,999 1 $639,000 $639,000 $639,000 86
      $645,000 - $649,999 1 $645,000 $645,000 $645,000 529
      $685,000 - $689,999 1 $689,500 $689,500 $689,500 405
      $690,000 - $694,999 1 $694,700 $694,700 $694,700 22
      $725,000 - $729,999 2 $1,458,000 $729,000 $729,000 398
      $745,000 - $749,999 2 $1,494,900 $747,450 $747,450 626
      $750,000 - $754,999 2 $1,500,000 $750,000 $750,000 629
      $765,000 - $769,999 1 $769,950 $769,950 $769,950 385
      $775,000 - $779,999 2 $1,550,000 $775,000 $775,000 184
      $795,000 - $799,999 3 $2,397,000 $799,000 $799,000 309
      $800,000 - $804,999 1 $800,000 $800,000 $800,000 66
      $825,000 - $829,999 1 $825,000 $825,000 $825,000 122
      $840,000 - $844,999 1 $840,000 $840,000 $840,000 63
      $850,000 - $854,999 1 $850,000 $850,000 $850,000 39
      $895,000 - $899,999 3 $2,689,500 $896,500 $895,500 339
      $975,000 - $979,999 1 $979,000 $979,000 $979,000 35
      $1,060,000 - $1,064,999 1 $1,064,000 $1,064,000 $1,064,000 75
      $1,095,000 - $1,099,999 1 $1,095,000 $1,095,000 $1,095,000 731
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 145
      $1,150,000 - $1,154,999 2 $2,300,000 $1,150,000 $1,150,000 318
      $1,190,000 - $1,194,999 1 $1,190,000 $1,190,000 $1,190,000 153
      $1,195,000 - $1,199,999 3 $3,589,000 $1,196,333 $1,195,000 437
      $1,200,000 - $1,204,999 2 $2,400,000 $1,200,000 $1,200,000 670
      $1,250,000 - $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 478
      $1,275,000 - $1,279,999 2 $2,550,000 $1,275,000 $1,275,000 251
      $1,300,000 - $1,304,999 1 $1,300,000 $1,300,000 $1,300,000 224
      $1,350,000 - $1,354,999 2 $2,700,000 $1,350,000 $1,350,000 66
      $1,375,000 - $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 370
      $1,390,000 - $1,394,999 1 $1,390,000 $1,390,000 $1,390,000 282
      $1,395,000 - $1,399,999 1 $1,399,000 $1,399,000 $1,399,000 618
      $1,400,000 - $1,404,999 2 $2,800,000 $1,400,000 $1,400,000 194
      $1,445,000 - $1,449,999 1 $1,445,000 $1,445,000 $1,445,000 63
      $1,495,000 - $1,499,999 1 $1,499,000 $1,499,000 $1,499,000 30
      $1,500,000 - $1,504,999 1 $1,500,000 $1,500,000 $1,500,000 905
      $1,585,000 - $1,589,999 1 $1,585,000 $1,585,000 $1,585,000 63
      $1,685,000 - $1,689,999 1 $1,685,000 $1,685,000 $1,685,000 106
      $1,695,000 - $1,699,999 2 $3,390,000 $1,695,000 $1,695,000 244
      $1,750,000 - $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 273
      $1,775,000 - $1,779,999 1 $1,775,000 $1,775,000 $1,775,000 475
      $1,785,000 - $1,789,999 1 $1,785,000 $1,785,000 $1,785,000 108
      $1,850,000 - $1,854,999 1 $1,850,000 $1,850,000 $1,850,000 236
      $1,890,000 - $1,894,999 1 $1,890,000 $1,890,000 $1,890,000 39
      $1,950,000 - $1,954,999 3 $5,850,000 $1,950,000 $1,950,000 215
      $1,975,000 - $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 659
      $1,995,000 - $1,999,999 4 $7,984,000 $1,996,000 $1,995,000 332
      $2,095,000 - $2,099,999 1 $2,095,000 $2,095,000 $2,095,000 514
      $2,100,000 - $2,104,999 1 $2,100,000 $2,100,000 $2,100,000 821
      $2,190,000 - $2,194,999 1 $2,190,000 $2,190,000 $2,190,000 429
      $2,245,000 - $2,249,999 1 $2,245,000 $2,245,000 $2,245,000 78
      $2,295,000 - $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 396
      $2,300,000 - $2,304,999 2 $4,600,000 $2,300,000 $2,300,000 312
      $2,400,000 - $2,404,999 1 $2,400,000 $2,400,000 $2,400,000 1106
      $2,445,000 - $2,449,999 1 $2,449,000 $2,449,000 $2,449,000 429
      $2,495,000 - $2,499,999 2 $4,994,000 $2,497,000 $2,497,000 812
      $2,550,000 - $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 114
      $2,595,000 - $2,599,999 2 $5,190,000 $2,595,000 $2,595,000 430
      $2,795,000 - $2,799,999 1 $2,795,000 $2,795,000 $2,795,000 142
      $2,900,000 - $2,904,999 1 $2,900,000 $2,900,000 $2,900,000 146
      $2,925,000 - $2,929,999 1 $2,925,000 $2,925,000 $2,925,000 82
      $3,300,000 - $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 39
      $3,495,000 - $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 478
      $3,950,000 - $3,954,999 1 $3,950,000 $3,950,000 $3,950,000 215
      $3,995,000 - $3,999,999 2 $7,994,000 $3,997,000 $3,997,000 271
      $4,600,000 - $4,604,999 1 $4,600,000 $4,600,000 $4,600,000 461
      $4,680,000 - $4,684,999 1 $4,680,000 $4,680,000 $4,680,000 133
      $4,695,000 - $4,699,999 1 $4,695,000 $4,695,000 $4,695,000 208
      Sub Total 114 $168,101,127 $1,474,571 $1,200,000 285
New                
  RESIDENTIAL              
    Residential            
      $635,000 - $639,999 1 $635,000 $635,000 $635,000 3
      $1,350,000 - $1,354,999 1 $1,350,000 $1,350,000 $1,350,000 2
      Sub Total 2 $1,985,000 $992,500 $992,500 3
Price Reduced                
  RESIDENTIAL              
    Residential            
      $425,000 - $429,999 1 $425,997 $425,997 $425,997 75
      $1,295,000 - $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 47
      Sub Total 2 $1,720,997 $860,499 $860,499 61
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $355,000 - $359,999 1 $355,000 $355,000 $355,000 171
      $675,000 - $679,999 1 $675,000 $675,000 $675,000 413
      $1,470,000 - $1,474,999 1 $1,470,000 $1,470,000 $1,470,000 52
      $2,625,000 - $2,629,999 1 $2,625,000 $2,625,000 $2,625,000 248
      $3,995,000 - $3,999,999 1 $3,995,000 $3,995,000 $3,995,000 179
      Sub Total 5 $9,120,000 $1,824,000 $1,470,000 213
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $300,000 - $304,999 1 $304,000 $304,000 $304,000 72
      $355,000 - $359,999 1 $356,400 $356,400 $356,400 60
      $540,000 - $544,999 1 $540,000 $540,000 $540,000 60
      $550,000 - $554,999 1 $550,000 $550,000 $550,000 58
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 85
      $3,500,000 - $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 411
      Sub Total 6 $6,350,400 $1,058,400 $545,000 124
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $275,000 - $279,999 1 $279,000 $279,000 $279,000 202
      $480,000 - $484,999 1 $484,000 $484,000 $484,000 286
      $495,000 - $499,999 1 $495,000 $495,000 $495,000 324
      $555,000 - $559,999 1 $559,000 $559,000 $559,000 644
      $650,000 - $654,999 1 $650,000 $650,000 $650,000 426
      $765,000 - $769,999 1 $765,000 $765,000 $765,000 241
      $3,500,000 - $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 98
      Sub Total 7 $6,732,000 $961,714 $559,000 317
SOLD                
  RESIDENTIAL              
    Residential            
      $180,000 - $184,999 1 $181,900 $181,900 $181,900 34
      $220,000 - $224,999 1 $220,221 $220,221 $220,221 47
      $250,000 - $254,999 1 $250,000 $250,000 $250,000 93
      $265,000 - $269,999 1 $269,900 $269,900 $269,900 38
      $280,000 - $284,999 1 $280,000 $280,000 $280,000 199
      $285,000 - $289,999 1 $289,900 $289,900 $289,900 92
      $290,000 - $294,999 1 $292,000 $292,000 $292,000 41
      $300,000 - $304,999 2 $601,000 $300,500 $300,500 196
      $325,000 - $329,999 2 $656,500 $328,250 $328,250 79
      $335,000 - $339,999 1 $335,000 $335,000 $335,000 420
      $350,000 - $354,999 1 $350,000 $350,000 $350,000 134
      $355,000 - $359,999 2 $715,910 $357,955 $357,955 154
      $375,000 - $379,999 2 $753,000 $376,500 $376,500 100
      $380,000 - $384,999 2 $762,500 $381,250 $381,250 170
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 41
      $415,000 - $419,999 1 $415,000 $415,000 $415,000 255
      $435,000 - $439,999 1 $439,000 $439,000 $439,000 131
      $450,000 - $454,999 2 $900,000 $450,000 $450,000 60
      $455,000 - $459,999 1 $455,000 $455,000 $455,000 247
      $485,000 - $489,999 2 $973,000 $486,500 $486,500 342
      $500,000 - $504,999 1 $500,000 $500,000 $500,000 49
      $510,000 - $514,999 1 $510,000 $510,000 $510,000 551
      $515,000 - $519,999 1 $515,000 $515,000 $515,000 74
      $520,000 - $524,999 1 $520,000 $520,000 $520,000 50
      $540,000 - $544,999 1 $542,000 $542,000 $542,000 137
      $545,000 - $549,999 2 $1,090,000 $545,000 $545,000 63
      $550,000 - $554,999 2 $1,100,000 $550,000 $550,000 63
      $575,000 - $579,999 1 $575,000 $575,000 $575,000 86
      $590,000 - $594,999 1 $590,000 $590,000 $590,000 156
      $600,000 - $604,999 2 $1,204,900 $602,450 $602,450 60
      $625,000 - $629,999 1 $629,000 $629,000 $629,000 79
      $630,000 - $634,999 1 $630,000 $630,000 $630,000 349
      $705,000 - $709,999 1 $705,999 $705,999 $705,999 202
      $715,000 - $719,999 1 $715,000 $715,000 $715,000 102
      $720,000 - $724,999 1 $722,000 $722,000 $722,000 76
      $725,000 - $729,999 1 $725,000 $725,000 $725,000 107
      $770,000 - $774,999 1 $770,000 $770,000 $770,000 97
      $780,000 - $784,999 1 $781,000 $781,000 $781,000 100
      $810,000 - $814,999 1 $810,000 $810,000 $810,000 121
      $890,000 - $894,999 1 $890,000 $890,000 $890,000 477
      $950,000 - $954,999 1 $950,000 $950,000 $950,000 40
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 53
      $1,265,000 - $1,269,999 1 $1,265,000 $1,265,000 $1,265,000 10
      $1,375,000 - $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 35
      $1,625,000 - $1,629,999 1 $1,625,000 $1,625,000 $1,625,000 270
      $2,625,000 - $2,629,999 1 $2,625,000 $2,625,000 $2,625,000 652
      $2,750,000 - $2,754,999 1 $2,750,000 $2,750,000 $2,750,000 731
      $3,300,000 - $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 94
      $3,650,000 - $3,654,999 1 $3,650,000 $3,650,000 $3,650,000 1026
      $4,200,000 - $4,204,999 1 $4,200,000 $4,200,000 $4,200,000 321
      $4,225,000 - $4,229,999 1 $4,225,000 $4,225,000 $4,225,000 634
      Sub Total 61 $51,128,730 $838,176 $520,000 181
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $335,000 - $339,999 1 $339,900 $339,900 $339,900 30
      $710,000 - $714,999 1 $711,550 $711,550 $711,550 52
      $895,000 - $899,999 1 $895,000 $895,000 $895,000 156
      Sub Total 3 $1,946,450 $648,817 $711,550 79
                 
Grand Totals 200 $247,084,704 $1,235,424 $790,000 240

ljasdfljd

lsjadflja

aljflsdj

South Lake Tahoe CA Weekly Real Estate Market Update

September 16, 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.
The Market Activity Ratio is down by a point from this past week at 18.2%.  This is the relationship between Active Listings and Pending Sales which is one way to monitor Buying activity.  The Market Activity Ratio was influenced by a surprise jump in inventory of 67 Active Listings and an increase of 7 Pending Sales.  There was a huge number of completed transactions or sales this past week which is up by 29 for a YTD total of 285 sales.  The Median Sales Price is now at $315,000, Average Sales Price is at $387,771 with a downward variance of 1.6% and .9% respectively.  Average Days On Market is 164 days.  The increase in inventory continues to drive down the prices.

Listings per Status

 

Area Market Survey

 

Listings as of 09/16/09 at 8:36pm

Active
Listing Price Range  Quantity      Average DOM  
$90,000 thru $99,999 1 47  
$100,000 thru $119,999 3 119  
$120,000 thru $139,999 3 67  
$140,000 thru $159,999 4 86  
$160,000 thru $179,999 8 128  
$180,000 thru $199,999 11 208  
$200,000 thru $249,999 35 133  
$250,000 thru $299,999 54 126  
$300,000 thru $349,999 54 127  
$350,000 thru $399,999 57 131  
$400,000 thru $449,999 26 184  
$450,000 thru $499,999 37 168  
$500,000 thru $549,999 25 187  
$550,000 thru $599,999 35 201  
$600,000 thru $649,999 11 100  
$650,000 thru $699,999 22 223  
$700,000 thru $749,999 11 227  
$750,000 thru $799,999 15 162  
$800,000 thru $849,999 9 183  
$850,000 thru $899,999 7 171  
$900,000 thru $949,999 3 378  
$950,000 thru $999,999 17 264  
$1,000,000 thru $1,249,999 11 284  
$1,250,000 thru $1,499,999 17 262  
$1,500,000 thru $1,749,999 6 203  
$1,750,000 thru $1,999,999 7 282  
$2,000,000 thru $2,249,999 4 295  
$2,250,000 thru $2,499,999 7 252  
$2,750,000 thru $2,999,999 1 76  
$3,000,000 thru $3,249,999 1 370  
$3,250,000 thru $3,499,999 4 225  
$3,750,000 thru $3,999,999 1 12  
$4,250,000 thru $4,499,999 1 414  
$4,500,000 thru $4,749,999 2 139  
$5,000,000 thru $5,999,999 1 1162  
  511 174  
 
Summary Price Information
Minimum  $94,900 Maximum  $5,950,000
Average  $652,817 Median  $449,000
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 09/16/09 at 8:36pm

Pending
Listing Price Range  Quantity      Average DOM  
$120,000 thru $139,999 2 56  
$140,000 thru $159,999 4 149  
$160,000 thru $179,999 1 8  
$180,000 thru $199,999 5 158  
$200,000 thru $249,999 15 108  
$250,000 thru $299,999 25 128  
$300,000 thru $349,999 12 216  
$350,000 thru $399,999 6 275  
$400,000 thru $449,999 5 266  
$450,000 thru $499,999 8 193  
$500,000 thru $549,999 6 152  
$550,000 thru $599,999 8 179  
$600,000 thru $649,999 3 441  
$650,000 thru $699,999 6 189  
$700,000 thru $749,999 4 435  
$950,000 thru $999,999 2 606  
$1,250,000 thru $1,499,999 2 280  
  114 191  
 
Summary Price Information
Minimum  $129,900 Maximum  $1,349,000
Average  $403,720 Median  $322,000

Sold
Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 2 235  
$140,000 thru $159,999 5 78  
$160,000 thru $179,999 12 128  
$180,000 thru $199,999 12 144  
$200,000 thru $249,999 37 152  
$250,000 thru $299,999 52 146  
$300,000 thru $349,999 44 141  
$350,000 thru $399,999 29 179  
$400,000 thru $449,999 17 156  
$450,000 thru $499,999 18 166  
$500,000 thru $549,999 13 305  
$550,000 thru $599,999 10 192  
$600,000 thru $649,999 7 220  
$650,000 thru $699,999 3 174  
$700,000 thru $749,999 5 129  
$750,000 thru $799,999 4 125  
$800,000 thru $849,999 5 213  
$850,000 thru $899,999 1 425  
$900,000 thru $949,999 5 235  
$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  
  285 164  
 
Summary Price Information
Minimum  $135,000 Maximum  $2,850,000
Average  $387,771 Median  $315,000
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.

Next Page »