South Lake Tahoe Weekly Market Statistics

November 27, 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 the relationship between Active Listings (Inventory) and Pending Sales (Escrows) which is a trend that reveals current Buyer activity.  This past week it increased from 20.8% to 21.2% which is a result of the Active Listings decreased by 9 and Pending sales remained the same.  There was 13 new sales in the past week for a YTD of 411, which decreased the Median Sales price by 1% to $313,000 and the Average Sales price decreased by .8% to $387,909.  Seven of the new sales were under $200,000 and only two were above $500,000.  The REO’s continue to feed the supply of properties under $200,000.

Listings per Status
%Jim Wire %Real Estate Lake Tahoe

Area Market Survey

Listings as of 11/27/09 at 12:39pm

Active
Listing Price Range  Quantity      Average DOM  
$70,000 thru $79,999 1 28  
$120,000 thru $139,999 4 140  
$140,000 thru $159,999 1 179  
$160,000 thru $179,999 4 181  
$180,000 thru $199,999 7 286  
$200,000 thru $249,999 25 109  
$250,000 thru $299,999 44 186  
$300,000 thru $349,999 53 149  
$350,000 thru $399,999 43 174  
$400,000 thru $449,999 17 203  
$450,000 thru $499,999 30 188  
$500,000 thru $549,999 14 230  
$550,000 thru $599,999 31 237  
$600,000 thru $649,999 5 224  
$650,000 thru $699,999 15 275  
$700,000 thru $749,999 6 200  
$750,000 thru $799,999 10 143  
$800,000 thru $849,999 8 251  
$850,000 thru $899,999 6 300  
$900,000 thru $949,999 3 450  
$950,000 thru $999,999 12 194  
$1,000,000 thru $1,249,999 11 328  
$1,250,000 thru $1,499,999 13 292  
$1,500,000 thru $1,749,999 3 175  
$1,750,000 thru $1,999,999 5 256  
$2,000,000 thru $2,249,999 3 341  
$2,250,000 thru $2,499,999 5 359  
$3,250,000 thru $3,499,999 2 191  
$3,750,000 thru $3,999,999 1 84  
$4,250,000 thru $4,499,999 1 486  
$4,500,000 thru $4,749,999 2 211  
$5,000,000 thru $5,999,999 1 1234  
  386 206  
 
Summary Price Information
Minimum  $74,900 Maximum  $5,495,000
Average  $642,011 Median  $434,000
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 11/27/09 at 12:39pm

Pending
Listing Price Range  Quantity      Average DOM  
$90,000 thru $99,999 2 87  
$100,000 thru $119,999 1 139  
$140,000 thru $159,999 1 129  
$160,000 thru $179,999 2 66  
$180,000 thru $199,999 3 137  
$200,000 thru $249,999 16 87  
$250,000 thru $299,999 16 131  
$300,000 thru $349,999 10 97  
$350,000 thru $399,999 11 212  
$400,000 thru $449,999 8 343  
$450,000 thru $499,999 5 227  
$500,000 thru $549,999 4 239  
$550,000 thru $599,999 7 165  
$600,000 thru $649,999 3 233  
$650,000 thru $699,999 6 207  
$700,000 thru $749,999 2 177  
$750,000 thru $799,999 2 68  
$800,000 thru $849,999 1 255  
$850,000 thru $899,999 1 274  
$1,250,000 thru $1,499,999 1 301  
$1,500,000 thru $1,749,999 1 323  
$1,750,000 thru $1,999,999 1 130  
  104 168  
 
Summary Price Information
Minimum  $92,900 Maximum  $1,988,000
Average  $427,395 Median  $354,950

Sold
Selling Price Range  Quantity      Average DOM  
$80,000 thru $89,999 1 78  
$120,000 thru $139,999 7 213  
$140,000 thru $159,999 10 89  
$160,000 thru $179,999 13 134  
$180,000 thru $199,999 18 126  
$200,000 thru $249,999 57 145  
$250,000 thru $299,999 79 145  
$300,000 thru $349,999 55 145  
$350,000 thru $399,999 39 177  
$400,000 thru $449,999 25 141  
$450,000 thru $499,999 24 222  
$500,000 thru $549,999 18 262  
$550,000 thru $599,999 16 179  
$600,000 thru $649,999 11 214  
$650,000 thru $699,999 9 183  
$700,000 thru $749,999 5 129  
$750,000 thru $799,999 6 159  
$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 2 228  
$1,500,000 thru $1,749,999 2 78  
$2,500,000 thru $2,749,999 1 496  
$2,750,000 thru $2,999,999 1 130  
  411 164  
 
Summary Price Information
Minimum  $85,000 Maximum  $2,850,000
Average  $384,782 Median  $310,000
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 Nevada East Shore Weekly Market Statistics

November 27, 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.  I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports.  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 the Active Listings (Inventory) and Pending Sales (Escrows) is a trend that I track current Buyer Activity.  This past week we have seen the Buyer activity stay consistant (15.4% to 15.5%) which is a result of the Acitivity decreasing by 1 and the Pending Sales remaining the same.  There was 1 condo sale this past week in the amount of $250,000 which brings the YTD to 119 sales.  The decrease the Median and the Average Sale prices down by 2.8% and .6% respectively which are $415,000 and $805,461 respectively.  The Nevada side is still seeing a downward trend in pricing but the REO inventory is not as influential as the short sales.

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $115,000 – $119,999 1 $119,800 $119,800 $119,800 10
      $130,000 – $134,999 1 $134,900 $134,900 $134,900 10
      $135,000 – $139,999 2 $270,000 $135,000 $135,000 93
      $195,000 – $199,999 1 $199,000 $199,000 $199,000 484
      $235,000 – $239,999 2 $476,000 $238,000 $238,000 223
      $245,000 – $249,999 2 $494,000 $247,000 $247,000 339
      $255,000 – $259,999 1 $259,900 $259,900 $259,900 579
      $265,000 – $269,999 1 $269,000 $269,000 $269,000 177
      $295,000 – $299,999 3 $897,900 $299,300 $299,000 159
      $305,000 – $309,999 1 $305,000 $305,000 $305,000 83
      $315,000 – $319,999 1 $319,000 $319,000 $319,000 55
      $325,000 – $329,999 1 $329,500 $329,500 $329,500 302
      $345,000 – $349,999 4 $1,392,500 $348,125 $349,000 383
      $350,000 – $354,999 1 $350,000 $350,000 $350,000 143
      $355,000 – $359,999 1 $355,000 $355,000 $355,000 22
      $365,000 – $369,999 1 $369,900 $369,900 $369,900 70
      $370,000 – $374,999 1 $372,000 $372,000 $372,000 749
      $375,000 – $379,999 2 $758,000 $379,000 $379,000 29
      $385,000 – $389,999 2 $774,500 $387,250 $387,250 23
      $395,000 – $399,999 4 $1,593,400 $398,350 $399,250 321
      $415,000 – $419,999 1 $419,000 $419,000 $419,000 661
      $425,000 – $429,999 1 $429,000 $429,000 $429,000 120
      $435,000 – $439,999 1 $439,000 $439,000 $439,000 355
      $445,000 – $449,999 3 $1,347,000 $449,000 $449,000 219
      $450,000 – $454,999 1 $450,000 $450,000 $450,000 140
      $475,000 – $479,999 3 $1,432,677 $477,559 $477,777 193
      $485,000 – $489,999 1 $489,000 $489,000 $489,000 151
      $495,000 – $499,999 4 $1,997,400 $499,350 $499,250 102
      $525,000 – $529,999 1 $525,000 $525,000 $525,000 444
      $545,000 – $549,999 3 $1,644,400 $548,133 $549,500 688
      $550,000 – $554,999 2 $1,100,000 $550,000 $550,000 503
      $555,000 – $559,999 1 $557,000 $557,000 $557,000 313
      $565,000 – $569,999 1 $569,000 $569,000 $569,000 188
      $595,000 – $599,999 3 $1,791,000 $597,000 $598,000 201
      $605,000 – $609,999 1 $609,900 $609,900 $609,900 210
      $625,000 – $629,999 1 $625,000 $625,000 $625,000 95
      $635,000 – $639,999 1 $639,000 $639,000 $639,000 22
      $645,000 – $649,999 3 $1,945,777 $648,592 $649,000 485
      $660,000 – $664,999 1 $664,700 $664,700 $664,700 92
      $685,000 – $689,999 1 $685,000 $685,000 $685,000 522
      $695,000 – $699,999 1 $699,000 $699,000 $699,000 135
      $725,000 – $729,999 2 $1,458,999 $729,500 $729,500 289
      $730,000 – $734,999 1 $730,000 $730,000 $730,000 246
      $745,000 – $749,999 2 $1,498,000 $749,000 $749,000 681
      $795,000 – $799,999 4 $3,195,900 $798,975 $799,000 416
      $845,000 – $849,999 1 $845,000 $845,000 $845,000 192
      $895,000 – $899,999 2 $1,790,500 $895,250 $895,250 147
      $975,000 – $979,999 1 $979,000 $979,000 $979,000 105
      $1,050,000 – $1,054,999 1 $1,050,000 $1,050,000 $1,050,000 558
      $1,060,000 – $1,064,999 1 $1,064,000 $1,064,000 $1,064,000 20
      $1,095,000 – $1,099,999 2 $2,194,000 $1,097,000 $1,097,000 524
      $1,150,000 – $1,154,999 1 $1,150,000 $1,150,000 $1,150,000 529
      $1,165,000 – $1,169,999 1 $1,165,000 $1,165,000 $1,165,000 97
      $1,195,000 – $1,199,999 4 $4,788,000 $1,197,000 $1,197,000 509
      $1,200,000 – $1,204,999 2 $2,400,000 $1,200,000 $1,200,000 740
      $1,245,000 – $1,249,999 1 $1,249,000 $1,249,000 $1,249,000 170
      $1,250,000 – $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 548
      $1,275,000 – $1,279,999 3 $3,825,000 $1,275,000 $1,275,000 237
      $1,295,000 – $1,299,999 2 $2,594,000 $1,297,000 $1,297,000 206
      $1,300,000 – $1,304,999 1 $1,300,000 $1,300,000 $1,300,000 294
      $1,350,000 – $1,354,999 1 $1,350,000 $1,350,000 $1,350,000 102
      $1,375,000 – $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 440
      $1,390,000 – $1,394,999 1 $1,390,000 $1,390,000 $1,390,000 352
      $1,395,000 – $1,399,999 2 $2,798,000 $1,399,000 $1,399,000 418
      $1,400,000 – $1,404,999 1 $1,400,000 $1,400,000 $1,400,000 344
      $1,585,000 – $1,589,999 1 $1,585,000 $1,585,000 $1,585,000 20
      $1,695,000 – $1,699,999 2 $3,390,000 $1,695,000 $1,695,000 314
      $1,750,000 – $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 343
      $1,775,000 – $1,779,999 1 $1,775,000 $1,775,000 $1,775,000 545
      $1,785,000 – $1,789,999 1 $1,785,000 $1,785,000 $1,785,000 178
      $1,850,000 – $1,854,999 2 $3,700,000 $1,850,000 $1,850,000 213
      $1,890,000 – $1,894,999 1 $1,890,000 $1,890,000 $1,890,000 109
      $1,950,000 – $1,954,999 1 $1,950,000 $1,950,000 $1,950,000 204
      $1,995,000 – $1,999,999 4 $7,984,000 $1,996,000 $1,995,000 472
      $2,050,000 – $2,054,999 1 $2,050,000 $2,050,000 $2,050,000 54
      $2,095,000 – $2,099,999 1 $2,095,000 $2,095,000 $2,095,000 584
      $2,245,000 – $2,249,999 1 $2,245,000 $2,245,000 $2,245,000 139
      $2,295,000 – $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 463
      $2,300,000 – $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 192
      $2,395,000 – $2,399,999 1 $2,399,000 $2,399,000 $2,399,000 781
      $2,400,000 – $2,404,999 1 $2,400,000 $2,400,000 $2,400,000 1176
      $2,445,000 – $2,449,999 1 $2,449,000 $2,449,000 $2,449,000 499
      $2,450,000 – $2,454,999 1 $2,450,000 $2,450,000 $2,450,000 70
      $2,495,000 – $2,499,999 1 $2,495,000 $2,495,000 $2,495,000 982
      $2,550,000 – $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 184
      $2,595,000 – $2,599,999 1 $2,595,000 $2,595,000 $2,595,000 676
      $2,850,000 – $2,854,999 1 $2,850,000 $2,850,000 $2,850,000 212
      $2,900,000 – $2,904,999 2 $5,800,000 $2,900,000 $2,900,000 192
      $2,950,000 – $2,954,999 1 $2,950,000 $2,950,000 $2,950,000 10
      $2,995,000 – $2,999,999 1 $2,995,000 $2,995,000 $2,995,000 29
      $3,300,000 – $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 109
      $3,495,000 – $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 548
      $3,500,000 – $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 43
      $3,750,000 – $3,754,999 1 $3,750,000 $3,750,000 $3,750,000 170
      $3,850,000 – $3,854,999 1 $3,850,000 $3,850,000 $3,850,000 285
      $4,295,000 – $4,299,999 1 $4,299,500 $4,299,500 $4,299,500 196
      $4,370,000 – $4,374,999 1 $4,370,000 $4,370,000 $4,370,000 1307
      $4,495,000 – $4,499,999 2 $8,990,000 $4,495,000 $4,495,000 539
      $4,600,000 – $4,604,999 1 $4,600,000 $4,600,000 $4,600,000 531
      $4,680,000 – $4,684,999 1 $4,680,000 $4,680,000 $4,680,000 203
      $4,695,000 – $4,699,999 1 $4,695,000 $4,695,000 $4,695,000 278
      $4,950,000 – $4,954,999 2 $9,900,000 $4,950,000 $4,950,000 748
      $4,975,000 – $4,979,999 1 $4,975,000 $4,975,000 $4,975,000 173
      $4,995,000 – $4,999,999 3 $14,989,000 $4,996,333 $4,995,000 100
      $5,695,000 – $5,699,999 1 $5,695,000 $5,695,000 $5,695,000 583
      $5,900,000 – $5,904,999 1 $5,900,000 $5,900,000 $5,900,000 372
      $5,950,000 – $5,954,999 1 $5,950,000 $5,950,000 $5,950,000 456
      $5,995,000 – $5,999,999 1 $5,999,000 $5,999,000 $5,999,000 72
      $6,495,000 – $6,499,999 1 $6,495,000 $6,495,000 $6,495,000 154
      $6,950,000 – $6,954,999 1 $6,950,000 $6,950,000 $6,950,000 50
      $7,450,000 – $7,454,999 1 $7,450,000 $7,450,000 $7,450,000 373
      $7,975,000 – $7,979,999 1 $7,975,000 $7,975,000 $7,975,000 176
      $8,500,000 – $8,504,999 1 $8,500,000 $8,500,000 $8,500,000 85
      $8,995,000 – $8,999,999 1 $8,999,000 $8,999,000 $8,999,000 107
      $18,750,000 – $18,754,999 1 $18,750,000 $18,750,000 $18,750,000 51
      $100,000,000 – $100,004,999 1 $100,000,000 $100,000,000 $100,000,000 1162
Sub Total 168 $408,720,053 $2,432,857 $1,097,000 316
New                
  RESIDENTIAL              
    Residential            
      $195,000 – $199,999 1 $199,900 $199,900 $199,900 4
      $535,000 – $539,999 1 $539,000 $539,000 $539,000 7
      $5,495,000 – $5,499,999 1 $5,495,000 $5,495,000 $5,495,000 3
Sub Total 3 $6,233,900 $2,077,967 $539,000 5
Back On Market                
  RESIDENTIAL              
    Residential            
      $150,000 – $154,999 1 $150,000 $150,000 $150,000 41
      $160,000 – $164,999 1 $163,000 $163,000 $163,000 45
Sub Total 2 $313,000 $156,500 $156,500 43
Extended                
  RESIDENTIAL              
    Residential            
      $170,000 – $174,999 1 $171,000 $171,000 $171,000 36
      $215,000 – $219,999 1 $219,000 $219,000 $219,000 921
      $575,000 – $579,999 1 $579,000 $579,000 $579,000 187
      $650,000 – $654,999 1 $650,000 $650,000 $650,000 473
      $1,975,000 – $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 729
      $4,500,000 – $4,504,999 1 $4,500,000 $4,500,000 $4,500,000 175
Sub Total 6 $8,094,000 $1,349,000 $614,500 420
Price Reduced                
  RESIDENTIAL              
    Residential            
      $435,000 – $439,999 1 $435,000 $435,000 $435,000 356
Sub Total 1 $435,000 $435,000 $435,000 356
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $780,000 – $784,999 1 $783,900 $783,900 $783,900 42
      $1,500,000 – $1,504,999 1 $1,500,000 $1,500,000 $1,500,000 975
      $6,495,000 – $6,499,999 1 $6,495,000 $6,495,000 $6,495,000 875
Sub Total 3 $8,778,900 $2,926,300 $1,500,000 631
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $125,000 – $129,999 1 $125,000 $125,000 $125,000 29
      $205,000 – $209,999 1 $209,900 $209,900 $209,900 105
      $245,000 – $249,999 1 $249,900 $249,900 $249,900 22
      $255,000 – $259,999 1 $259,000 $259,000 $259,000 195
      $280,000 – $284,999 1 $284,900 $284,900 $284,900 102
      $335,000 – $339,999 1 $339,000 $339,000 $339,000 66
      $425,000 – $429,999 1 $425,997 $425,997 $425,997 145
      $495,000 – $499,999 1 $499,000 $499,000 $499,000 130
      $510,000 – $514,999 1 $512,575 $512,575 $512,575 39
      $595,000 – $599,999 1 $595,000 $595,000 $595,000 73
      $750,000 – $754,999 1 $750,000 $750,000 $750,000 876
      $1,350,000 – $1,354,999 1 $1,350,000 $1,350,000 $1,350,000 72
Sub Total 12 $5,600,272 $466,689 $382,499 155
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $75,000 – $79,999 2 $159,800 $79,900 $79,900 42
      $195,000 – $199,999 2 $398,500 $199,250 $199,250 414
      $210,000 – $214,999 2 $420,000 $210,000 $210,000 67
      $275,000 – $279,999 2 $558,000 $279,000 $279,000 148
      $335,000 – $339,999 1 $335,000 $335,000 $335,000 136
      $425,000 – $429,999 3 $1,275,000 $425,000 $425,000 260
      $495,000 – $499,999 1 $495,000 $495,000 $495,000 394
      $555,000 – $559,999 1 $559,000 $559,000 $559,000 712
      $1,395,000 – $1,399,999 1 $1,395,000 $1,395,000 $1,395,000 184
      $2,250,000 – $2,254,999 1 $2,250,000 $2,250,000 $2,250,000 571
Sub Total 16 $7,845,300 $490,331 $307,000 257
SOLD                
  RESIDENTIAL              
    Residential            
      $85,000 – $89,999 1 $87,500 $87,500 $87,500 215
      $120,000 – $124,999 2 $242,000 $121,000 $121,000 187
      $125,000 – $129,999 1 $125,000 $125,000 $125,000 91
      $130,000 – $134,999 1 $131,000 $131,000 $131,000 307
      $135,000 – $139,999 1 $139,000 $139,000 $139,000 290
      $140,000 – $144,999 1 $142,000 $142,000 $142,000 79
      $145,000 – $149,999 3 $435,000 $145,000 $145,000 152
      $150,000 – $154,999 1 $150,000 $150,000 $150,000 438
      $170,000 – $174,999 1 $170,000 $170,000 $170,000 280
      $175,000 – $179,999 1 $175,050 $175,050 $175,050 27
      $180,000 – $184,999 4 $722,400 $180,600 $180,250 89
      $200,000 – $204,999 2 $403,000 $201,500 $201,500 233
      $205,000 – $209,999 1 $205,000 $205,000 $205,000 307
      $210,000 – $214,999 1 $210,000 $210,000 $210,000 40
      $220,000 – $224,999 3 $660,221 $220,074 $220,000 63
      $225,000 – $229,999 2 $458,900 $229,450 $229,450 111
      $230,000 – $234,999 1 $230,000 $230,000 $230,000 433
      $250,000 – $254,999 3 $750,000 $250,000 $250,000 243
      $260,000 – $264,999 2 $520,000 $260,000 $260,000 128
      $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 2 $574,900 $287,450 $287,450 150
      $290,000 – $294,999 2 $582,000 $291,000 $291,000 58
      $295,000 – $299,999 1 $299,900 $299,900 $299,900 48
      $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 3 $1,009,900 $336,633 $335,000 176
      $340,000 – $344,999 2 $680,000 $340,000 $340,000 226
      $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
      $365,000 – $369,999 1 $369,000 $369,000 $369,000 223
      $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
      $410,000 – $414,999 1 $410,000 $410,000 $410,000 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 2 $911,000 $455,500 $455,500 163
      $485,000 – $489,999 3 $1,458,000 $486,000 $485,000 341
      $500,000 – $504,999 2 $1,000,000 $500,000 $500,000 73
      $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 2 $1,150,000 $575,000 $575,000 379
      $580,000 – $584,999 1 $580,000 $580,000 $580,000 253
      $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 3 $1,879,000 $626,333 $625,000 196
      $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
      $755,000 – $759,999 1 $756,000 $756,000 $756,000 248
      $770,000 – $774,999 1 $770,000 $770,000 $770,000 97
      $780,000 – $784,999 1 $781,000 $781,000 $781,000 100
      $795,000 – $799,999 1 $799,000 $799,000 $799,000 390
      $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 3 $3,300,000 $1,100,000 $1,100,000 81
      $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
      $1,500,000 – $1,504,999 1 $1,500,000 $1,500,000 $1,500,000 440
      $1,625,000 – $1,629,999 1 $1,625,000 $1,625,000 $1,625,000 270
      $2,350,000 – $2,354,999 1 $2,350,000 $2,350,000 $2,350,000 296
      $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
      $3,200,000 – $3,204,999 1 $3,200,000 $3,200,000 $3,200,000 439
      $3,300,000 – $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 94
      $3,500,000 – $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 196
      $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
      $4,550,000 – $4,554,999 1 $4,550,000 $4,550,000 $4,550,000 206
      $4,800,000 – $4,804,999 1 $4,800,000 $4,800,000 $4,800,000 267
      $7,800,000 – $7,804,999 1 $7,800,000 $7,800,000 $7,800,000 732
Sub Total 119 $95,849,880 $805,461 $415,000 193
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $390,000 – $394,999 1 $390,778 $390,778 $390,778 29
      $895,000 – $899,999 1 $895,000 $895,000 $895,000 226
Sub Total 2 $1,285,778 $642,889 $642,889 128
                 
Grand Totals 332 $543,156,083 $1,636,012 $575,000 263

South Lake Tahoe Weekly Real Estate Statistics

November 20, 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 for the past week is slightly up from 20.2% to 20.8%.  This is the relationship between Active Listings (Inventory) and Pending Sales (Escrows) which shows current buyer activity.  The Active Listings decreased by 11 as the Pending Sales increased by 1.  There were 13 new sales this past week which decreased the Median Sales Price to $387,909 and the Average Sales Price to $313,000 which equates to a .3% and .5% decrease respectively.  The only sale above the price bracket of $500,000 occurred at $770,000 which was a home in the Tahoe Keys.  Another interesting statistic is that of the Pending Sales, 46 are short sales and 28 are REO’s which now represents 72.5% of what is selling.  This was closer to 50% only a couple of weeks ago.

Listings per Status
%Jim Wire %Real Estate Lake Tahoe

Area Market Survey

Listings as of 11/20/09 at 8:24am

Active
Listing Price Range  Quantity      Average DOM  
$70,000 thru $79,999 1 21  
$100,000 thru $119,999 1 136  
$120,000 thru $139,999 4 133  
$140,000 thru $159,999 1 172  
$160,000 thru $179,999 4 210  
$180,000 thru $199,999 10 208  
$200,000 thru $249,999 28 103  
$250,000 thru $299,999 40 183  
$300,000 thru $349,999 55 152  
$350,000 thru $399,999 43 170  
$400,000 thru $449,999 18 197  
$450,000 thru $499,999 27 198  
$500,000 thru $549,999 17 242  
$550,000 thru $599,999 32 232  
$600,000 thru $649,999 7 255  
$650,000 thru $699,999 15 268  
$700,000 thru $749,999 6 193  
$750,000 thru $799,999 10 136  
$800,000 thru $849,999 8 275  
$850,000 thru $899,999 6 293  
$900,000 thru $949,999 3 443  
$950,000 thru $999,999 11 195  
$1,000,000 thru $1,249,999 11 342  
$1,250,000 thru $1,499,999 14 284  
$1,500,000 thru $1,749,999 3 168  
$1,750,000 thru $1,999,999 5 249  
$2,000,000 thru $2,249,999 3 334  
$2,250,000 thru $2,499,999 5 352  
$3,250,000 thru $3,499,999 2 184  
$3,750,000 thru $3,999,999 1 77  
$4,250,000 thru $4,499,999 1 479  
$4,500,000 thru $4,749,999 2 204  
$5,000,000 thru $5,999,999 1 1227  
  395 204  
 
Summary Price Information
Minimum  $74,900 Maximum  $5,495,000
Average  $636,579 Median  $430,000
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 11/20/09 at 8:24am

Pending
Listing Price Range  Quantity      Average DOM  
$90,000 thru $99,999 1 24  
$100,000 thru $119,999 1 132  
$120,000 thru $139,999 1 66  
$140,000 thru $159,999 2 72  
$160,000 thru $179,999 3 49  
$180,000 thru $199,999 5 241  
$200,000 thru $249,999 15 76  
$250,000 thru $299,999 15 128  
$300,000 thru $349,999 9 98  
$350,000 thru $399,999 11 252  
$400,000 thru $449,999 8 320  
$450,000 thru $499,999 4 220  
$500,000 thru $549,999 4 232  
$550,000 thru $599,999 6 171  
$600,000 thru $649,999 3 226  
$650,000 thru $699,999 7 180  
$700,000 thru $749,999 2 170  
$750,000 thru $799,999 3 88  
$850,000 thru $899,999 1 267  
$1,250,000 thru $1,499,999 1 294  
$1,500,000 thru $1,749,999 1 316  
$1,750,000 thru $1,999,999 1 123  
  104 167  
 
Summary Price Information
Minimum  $92,900 Maximum  $1,988,000
Average  $423,265 Median  $351,950

Sold
Selling Price Range  Quantity      Average DOM  
$80,000 thru $89,999 1 78  
$120,000 thru $139,999 4 157  
$140,000 thru $159,999 8 87  
$160,000 thru $179,999 12 128  
$180,000 thru $199,999 17 132  
$200,000 thru $249,999 56 147  
$250,000 thru $299,999 79 145  
$300,000 thru $349,999 55 145  
$350,000 thru $399,999 37 172  
$400,000 thru $449,999 24 143  
$450,000 thru $499,999 24 222  
$500,000 thru $549,999 18 262  
$550,000 thru $599,999 15 187  
$600,000 thru $649,999 11 214  
$650,000 thru $699,999 8 187  
$700,000 thru $749,999 5 129  
$750,000 thru $799,999 6 159  
$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 2 228  
$1,500,000 thru $1,749,999 2 78  
$2,500,000 thru $2,749,999 1 496  
$2,750,000 thru $2,999,999 1 130  
  398 163  
 
Summary Price Information
Minimum  $85,000 Maximum  $2,850,000
Average  $387,909 Median  $313,000
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 Nevada East Shore Weekly Market Statistics

November 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.  I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports.  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 showing consistancy with a slight down tick from 15.6% to 15.4%.  This is the relationship between Active Listings (Inventory) and Pending Sales ( Escrows) which shows a current trend of Buyer activity in the market.  This is the result of Active Listings increasing by 2 and the Pending Sales remaining the same.

This past week there has been 3 new Sales for a YTD of 118.  Even though one of the sales was a lakefront for $7.8 million, the Median Sales Price did decrease to $427,000 but the Average Sales did increase to $810,168.  This represents an decrease in the Median Sales Price by 2.7% and Average Sales Price increased by 6.5%.  The Median Sales Price is a formula that determines where most of the sales are occurring. 

ACTIVE                
  RESIDENTIAL              
    Residential            
      $135,000 – $139,999 1 $135,000 $135,000 $135,000 14
      $195,000 – $199,999 2 $398,000 $199,000 $199,000 251
      $235,000 – $239,999 2 $476,000 $238,000 $238,000 214
      $245,000 – $249,999 1 $245,000 $245,000 $245,000 652
      $255,000 – $259,999 1 $259,900 $259,900 $259,900 570
      $265,000 – $269,999 1 $269,000 $269,000 $269,000 168
      $275,000 – $279,999 1 $279,000 $279,000 $279,000 15
      $295,000 – $299,999 3 $897,900 $299,300 $299,000 150
      $305,000 – $309,999 1 $305,000 $305,000 $305,000 74
      $315,000 – $319,999 1 $319,000 $319,000 $319,000 46
      $325,000 – $329,999 1 $329,500 $329,500 $329,500 293
      $345,000 – $349,999 3 $1,043,000 $347,667 $349,000 329
      $365,000 – $369,999 1 $369,900 $369,900 $369,900 61
      $370,000 – $374,999 1 $372,000 $372,000 $372,000 740
      $375,000 – $379,999 1 $379,000 $379,000 $379,000 19
      $385,000 – $389,999 1 $385,000 $385,000 $385,000 22
      $395,000 – $399,999 7 $2,790,400 $398,629 $399,000 214
      $415,000 – $419,999 1 $419,000 $419,000 $419,000 652
      $425,000 – $429,999 1 $429,000 $429,000 $429,000 111
      $435,000 – $439,999 1 $439,000 $439,000 $439,000 346
      $445,000 – $449,999 4 $1,796,000 $449,000 $449,000 244
      $450,000 – $454,999 1 $450,000 $450,000 $450,000 131
      $475,000 – $479,999 2 $957,677 $478,839 $478,839 239
      $485,000 – $489,999 1 $489,000 $489,000 $489,000 142
      $495,000 – $499,999 5 $2,496,400 $499,280 $499,000 79
      $510,000 – $514,999 1 $512,575 $512,575 $512,575 30
      $525,000 – $529,999 1 $525,000 $525,000 $525,000 435
      $545,000 – $549,999 3 $1,644,400 $548,133 $549,500 679
      $550,000 – $554,999 2 $1,100,000 $550,000 $550,000 494
      $555,000 – $559,999 1 $557,000 $557,000 $557,000 304
      $565,000 – $569,999 1 $569,000 $569,000 $569,000 179
      $585,000 – $589,999 1 $589,000 $589,000 $589,000 292
      $595,000 – $599,999 4 $2,386,000 $596,500 $596,500 160
      $605,000 – $609,999 1 $609,900 $609,900 $609,900 201
      $625,000 – $629,999 1 $625,000 $625,000 $625,000 86
      $635,000 – $639,999 1 $639,000 $639,000 $639,000 139
      $645,000 – $649,999 3 $1,945,777 $648,592 $649,000 476
      $660,000 – $664,999 1 $664,700 $664,700 $664,700 83
      $725,000 – $729,999 2 $1,458,999 $729,500 $729,500 280
      $745,000 – $749,999 1 $749,000 $749,000 $749,000 1161
      $750,000 – $754,999 1 $750,000 $750,000 $750,000 867
      $775,000 – $779,999 1 $775,000 $775,000 $775,000 237
      $785,000 – $789,999 1 $785,000 $785,000 $785,000 183
      $795,000 – $799,999 4 $3,195,900 $798,975 $799,000 407
      $845,000 – $849,999 1 $845,000 $845,000 $845,000 183
      $895,000 – $899,999 1 $895,500 $895,500 $895,500 227
      $975,000 – $979,999 1 $979,000 $979,000 $979,000 96
      $1,050,000 – $1,054,999 1 $1,050,000 $1,050,000 $1,050,000 549
      $1,095,000 – $1,099,999 1 $1,095,000 $1,095,000 $1,095,000 792
      $1,150,000 – $1,154,999 1 $1,150,000 $1,150,000 $1,150,000 520
      $1,165,000 – $1,169,999 1 $1,165,000 $1,165,000 $1,165,000 88
      $1,195,000 – $1,199,999 4 $4,788,000 $1,197,000 $1,197,000 500
      $1,200,000 – $1,204,999 2 $2,400,000 $1,200,000 $1,200,000 731
      $1,245,000 – $1,249,999 1 $1,249,000 $1,249,000 $1,249,000 161
      $1,250,000 – $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 539
      $1,275,000 – $1,279,999 3 $3,825,000 $1,275,000 $1,275,000 228
      $1,300,000 – $1,304,999 1 $1,300,000 $1,300,000 $1,300,000 285
      $1,350,000 – $1,354,999 1 $1,350,000 $1,350,000 $1,350,000 93
      $1,375,000 – $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 431
      $1,390,000 – $1,394,999 1 $1,390,000 $1,390,000 $1,390,000 343
      $1,395,000 – $1,399,999 2 $2,798,000 $1,399,000 $1,399,000 409
      $1,400,000 – $1,404,999 1 $1,400,000 $1,400,000 $1,400,000 335
      $1,695,000 – $1,699,999 1 $1,695,000 $1,695,000 $1,695,000 383
      $1,750,000 – $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 334
      $1,775,000 – $1,779,999 1 $1,775,000 $1,775,000 $1,775,000 536
      $1,785,000 – $1,789,999 1 $1,785,000 $1,785,000 $1,785,000 169
      $1,850,000 – $1,854,999 2 $3,700,000 $1,850,000 $1,850,000 204
      $1,890,000 – $1,894,999 1 $1,890,000 $1,890,000 $1,890,000 100
      $1,950,000 – $1,954,999 2 $3,900,000 $1,950,000 $1,950,000 359
      $1,975,000 – $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 720
      $1,995,000 – $1,999,999 4 $7,984,000 $1,996,000 $1,995,000 463
      $2,050,000 – $2,054,999 1 $2,050,000 $2,050,000 $2,050,000 45
      $2,095,000 – $2,099,999 1 $2,095,000 $2,095,000 $2,095,000 575
      $2,100,000 – $2,104,999 1 $2,100,000 $2,100,000 $2,100,000 882
      $2,245,000 – $2,249,999 1 $2,245,000 $2,245,000 $2,245,000 130
      $2,295,000 – $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 454
      $2,300,000 – $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 183
      $2,395,000 – $2,399,999 1 $2,399,000 $2,399,000 $2,399,000 772
      $2,400,000 – $2,404,999 1 $2,400,000 $2,400,000 $2,400,000 1167
      $2,445,000 – $2,449,999 1 $2,449,000 $2,449,000 $2,449,000 490
      $2,450,000 – $2,454,999 1 $2,450,000 $2,450,000 $2,450,000 61
      $2,495,000 – $2,499,999 1 $2,495,000 $2,495,000 $2,495,000 973
      $2,550,000 – $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 175
      $2,595,000 – $2,599,999 1 $2,595,000 $2,595,000 $2,595,000 667
      $2,850,000 – $2,854,999 1 $2,850,000 $2,850,000 $2,850,000 203
      $2,900,000 – $2,904,999 1 $2,900,000 $2,900,000 $2,900,000 207
      $2,995,000 – $2,999,999 1 $2,995,000 $2,995,000 $2,995,000 20
      $3,300,000 – $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 100
      $3,495,000 – $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 539
      $3,500,000 – $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 34
      $3,750,000 – $3,754,999 1 $3,750,000 $3,750,000 $3,750,000 161
      $3,850,000 – $3,854,999 1 $3,850,000 $3,850,000 $3,850,000 276
      $4,295,000 – $4,299,999 1 $4,299,500 $4,299,500 $4,299,500 187
      $4,495,000 – $4,499,999 2 $8,990,000 $4,495,000 $4,495,000 530
      $4,600,000 – $4,604,999 1 $4,600,000 $4,600,000 $4,600,000 522
      $4,680,000 – $4,684,999 1 $4,680,000 $4,680,000 $4,680,000 194
      $4,695,000 – $4,699,999 1 $4,695,000 $4,695,000 $4,695,000 269
      $4,775,000 – $4,779,999 1 $4,778,000 $4,778,000 $4,778,000 166
      $4,950,000 – $4,954,999 3 $14,850,000 $4,950,000 $4,950,000 925
      $4,975,000 – $4,979,999 1 $4,975,000 $4,975,000 $4,975,000 164
      $4,995,000 – $4,999,999 3 $14,989,000 $4,996,333 $4,995,000 91
      $5,695,000 – $5,699,999 1 $5,695,000 $5,695,000 $5,695,000 574
      $5,900,000 – $5,904,999 1 $5,900,000 $5,900,000 $5,900,000 363
      $5,950,000 – $5,954,999 1 $5,950,000 $5,950,000 $5,950,000 447
      $5,995,000 – $5,999,999 1 $5,999,000 $5,999,000 $5,999,000 63
      $6,495,000 – $6,499,999 1 $6,495,000 $6,495,000 $6,495,000 145
      $6,950,000 – $6,954,999 1 $6,950,000 $6,950,000 $6,950,000 41
      $7,450,000 – $7,454,999 1 $7,450,000 $7,450,000 $7,450,000 364
      $7,975,000 – $7,979,999 1 $7,975,000 $7,975,000 $7,975,000 167
      $8,500,000 – $8,504,999 1 $8,500,000 $8,500,000 $8,500,000 76
      $8,995,000 – $8,999,999 1 $8,999,000 $8,999,000 $8,999,000 98
      $18,750,000 – $18,754,999 1 $18,750,000 $18,750,000 $18,750,000 42
      $100,000,000 – $100,004,999 1 $100,000,000 $100,000,000 $100,000,000 1153
      Sub Total 162 $406,150,928 $2,507,104 $1,122,500 329
New                
  RESIDENTIAL              
    Residential            
      $115,000 – $119,999 1 $119,800 $119,800 $119,800 1
      $130,000 – $134,999 1 $134,900 $134,900 $134,900 1
      $245,000 – $249,999 1 $249,000 $249,000 $249,000 8
      $355,000 – $359,999 1 $355,000 $355,000 $355,000 13
      $385,000 – $389,999 1 $389,500 $389,500 $389,500 5
      $635,000 – $639,999 1 $639,000 $639,000 $639,000 13
      $895,000 – $899,999 1 $895,000 $895,000 $895,000 48
      $1,060,000 – $1,064,999 1 $1,064,000 $1,064,000 $1,064,000 11
      $1,585,000 – $1,589,999 1 $1,585,000 $1,585,000 $1,585,000 11
      $2,950,000 – $2,954,999 1 $2,950,000 $2,950,000 $2,950,000 1
      Sub Total 10 $8,381,200 $838,120 $514,250 11
Back On Market                
  RESIDENTIAL              
    Residential            
      $495,000 – $499,999 1 $499,000 $499,000 $499,000 75
      Sub Total 1 $499,000 $499,000 $499,000 75
Extended                
  RESIDENTIAL              
    Residential            
      $345,000 – $349,999 1 $349,500 $349,500 $349,500 511
      $695,000 – $699,999 1 $699,000 $699,000 $699,000 126
      $1,095,000 – $1,099,999 1 $1,099,000 $1,099,000 $1,099,000 238
      $1,695,000 – $1,699,999 1 $1,695,000 $1,695,000 $1,695,000 226
      Sub Total 4 $3,842,500 $960,625 $899,000 275
Price Reduced                
  RESIDENTIAL              
    Residential            
      $350,000 – $354,999 1 $350,000 $350,000 $350,000 134
      $685,000 – $689,999 1 $685,000 $685,000 $685,000 513
      $1,295,000 – $1,299,999 1 $1,299,000 $1,299,000 $1,299,000 285
      Sub Total 3 $2,334,000 $778,000 $685,000 311
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $245,000 – $249,999 1 $249,900 $249,900 $249,900 13
      $780,000 – $784,999 1 $783,900 $783,900 $783,900 33
      $1,500,000 – $1,504,999 1 $1,500,000 $1,500,000 $1,500,000 966
      $6,495,000 – $6,499,999 1 $6,495,000 $6,495,000 $6,495,000 866
      Sub Total 4 $9,028,800 $2,257,200 $1,141,950 470
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $125,000 – $129,999 1 $125,000 $125,000 $125,000 20
      $205,000 – $209,999 1 $209,900 $209,900 $209,900 96
      $255,000 – $259,999 1 $259,000 $259,000 $259,000 186
      $275,000 – $279,999 1 $275,000 $275,000 $275,000 611
      $280,000 – $284,999 1 $284,900 $284,900 $284,900 93
      $300,000 – $304,999 1 $304,000 $304,000 $304,000 133
      $335,000 – $339,999 1 $339,000 $339,000 $339,000 57
      $425,000 – $429,999 1 $425,997 $425,997 $425,997 136
      $495,000 – $499,999 1 $499,000 $499,000 $499,000 121
      $1,295,000 – $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 108
      $1,350,000 – $1,354,999 1 $1,350,000 $1,350,000 $1,350,000 63
      Sub Total 11 $5,366,797 $487,891 $304,000 148
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $75,000 – $79,999 2 $159,800 $79,900 $79,900 33
      $135,000 – $139,999 1 $135,000 $135,000 $135,000 153
      $150,000 – $154,999 1 $150,000 $150,000 $150,000 32
      $175,000 – $179,999 1 $175,000 $175,000 $175,000 174
      $195,000 – $199,999 1 $199,500 $199,500 $199,500 170
      $210,000 – $214,999 2 $420,000 $210,000 $210,000 58
      $275,000 – $279,999 1 $279,000 $279,000 $279,000 263
      $335,000 – $339,999 1 $335,000 $335,000 $335,000 127
      $425,000 – $429,999 3 $1,275,000 $425,000 $425,000 251
      $495,000 – $499,999 1 $495,000 $495,000 $495,000 385
      $1,395,000 – $1,399,999 1 $1,395,000 $1,395,000 $1,395,000 175
      $2,250,000 – $2,254,999 1 $2,250,000 $2,250,000 $2,250,000 562
      $3,500,000 – $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 159
      Sub Total 17 $10,768,300 $633,429 $279,000 184
SOLD                
  RESIDENTIAL              
    Residential            
      $85,000 – $89,999 1 $87,500 $87,500 $87,500 215
      $120,000 – $124,999 2 $242,000 $121,000 $121,000 187
      $125,000 – $129,999 1 $125,000 $125,000 $125,000 91
      $130,000 – $134,999 1 $131,000 $131,000 $131,000 307
      $135,000 – $139,999 1 $139,000 $139,000 $139,000 290
      $140,000 – $144,999 1 $142,000 $142,000 $142,000 79
      $145,000 – $149,999 3 $435,000 $145,000 $145,000 152
      $150,000 – $154,999 1 $150,000 $150,000 $150,000 438
      $170,000 – $174,999 1 $170,000 $170,000 $170,000 280
      $175,000 – $179,999 1 $175,050 $175,050 $175,050 27
      $180,000 – $184,999 4 $722,400 $180,600 $180,250 89
      $200,000 – $204,999 2 $403,000 $201,500 $201,500 233
      $205,000 – $209,999 1 $205,000 $205,000 $205,000 307
      $210,000 – $214,999 1 $210,000 $210,000 $210,000 40
      $220,000 – $224,999 3 $660,221 $220,074 $220,000 63
      $225,000 – $229,999 2 $458,900 $229,450 $229,450 111
      $230,000 – $234,999 1 $230,000 $230,000 $230,000 433
      $250,000 – $254,999 2 $500,000 $250,000 $250,000 63
      $260,000 – $264,999 2 $520,000 $260,000 $260,000 128
      $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 2 $574,900 $287,450 $287,450 150
      $290,000 – $294,999 2 $582,000 $291,000 $291,000 58
      $295,000 – $299,999 1 $299,900 $299,900 $299,900 48
      $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 3 $1,009,900 $336,633 $335,000 176
      $340,000 – $344,999 2 $680,000 $340,000 $340,000 226
      $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
      $365,000 – $369,999 1 $369,000 $369,000 $369,000 223
      $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
      $410,000 – $414,999 1 $410,000 $410,000 $410,000 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 2 $911,000 $455,500 $455,500 163
      $485,000 – $489,999 3 $1,458,000 $486,000 $485,000 341
      $500,000 – $504,999 2 $1,000,000 $500,000 $500,000 73
      $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 2 $1,150,000 $575,000 $575,000 379
      $580,000 – $584,999 1 $580,000 $580,000 $580,000 253
      $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 3 $1,879,000 $626,333 $625,000 196
      $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
      $755,000 – $759,999 1 $756,000 $756,000 $756,000 248
      $770,000 – $774,999 1 $770,000 $770,000 $770,000 97
      $780,000 – $784,999 1 $781,000 $781,000 $781,000 100
      $795,000 – $799,999 1 $799,000 $799,000 $799,000 390
      $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 3 $3,300,000 $1,100,000 $1,100,000 81
      $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
      $1,500,000 – $1,504,999 1 $1,500,000 $1,500,000 $1,500,000 440
      $1,625,000 – $1,629,999 1 $1,625,000 $1,625,000 $1,625,000 270
      $2,350,000 – $2,354,999 1 $2,350,000 $2,350,000 $2,350,000 296
      $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
      $3,200,000 – $3,204,999 1 $3,200,000 $3,200,000 $3,200,000 439
      $3,300,000 – $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 94
      $3,500,000 – $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 196
      $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
      $4,550,000 – $4,554,999 1 $4,550,000 $4,550,000 $4,550,000 206
      $4,800,000 – $4,804,999 1 $4,800,000 $4,800,000 $4,800,000 267
      $7,800,000 – $7,804,999 1 $7,800,000 $7,800,000 $7,800,000 732
      Sub Total 118 $95,599,880 $810,168 $427,000 190
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $390,000 – $394,999 1 $390,778 $390,778 $390,778 20
      $895,000 – $899,999 1 $895,000 $895,000 $895,000 217
      Sub Total 2 $1,285,778 $642,889 $642,889 119
                 
Grand Totals 332 $543,257,183 $1,636,317 $577,500 255

Lake Tahoe Nevada East Shore Weekly Market Statistics

November 12, 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.  I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports.  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 a trend that I track for Buyer Activity based on the relationship between Active Listings (Inventory) and Pending Sales (Escrows).  This past week we saw it decrease from 16.6% to 15.6% as  result of the Active Listings declining by 7 and Pending Sales also declining by 4.  This means that even though there is less inventory there are also less Purchases. 

It was a big week for closings this past week.  Usually there is one or two but 7 Sales is big in one week!  The YTD total is 115 Sales which did result in a decrease of the Median Sales Price to $439,000 and the Average Sales Price to $760,738.  Despite 3 sales above $500K, this represents a decrease of 1.2% and .2% for the Median Sale Price and Average Sales Price respectively.  The Average Days On Market is 184 days for these sales.  The Sales occurred at $142K, $150K, $260K, $340K, $799K, $1.1 million and $2.35 million.

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $135,000 – $139,999 1 $135,000 $135,000 $135,000 8
      $160,000 – $164,999 1 $163,000 $163,000 $163,000 38
      $195,000 – $199,999 2 $398,000 $199,000 $199,000 245
      $235,000 – $239,999 2 $476,000 $238,000 $238,000 208
      $245,000 – $249,999 2 $494,900 $247,450 $247,450 327
      $255,000 – $259,999 1 $259,900 $259,900 $259,900 564
      $265,000 – $269,999 1 $269,000 $269,000 $269,000 162
      $275,000 – $279,999 1 $279,000 $279,000 $279,000 9
      $295,000 – $299,999 2 $598,900 $299,450 $299,450 216
      $305,000 – $309,999 1 $305,000 $305,000 $305,000 68
      $315,000 – $319,999 2 $638,000 $319,000 $319,000 94
      $325,000 – $329,999 1 $329,000 $329,000 $329,000 148
      $345,000 – $349,999 4 $1,392,000 $348,000 $349,000 314
      $365,000 – $369,999 1 $369,900 $369,900 $369,900 55
      $370,000 – $374,999 1 $372,000 $372,000 $372,000 734
      $375,000 – $379,999 2 $754,000 $377,000 $377,000 71
      $385,000 – $389,999 1 $385,000 $385,000 $385,000 16
      $395,000 – $399,999 7 $2,790,400 $398,629 $399,000 208
      $410,000 – $414,999 1 $411,345 $411,345 $411,345 14
      $415,000 – $419,999 1 $419,000 $419,000 $419,000 646
      $425,000 – $429,999 2 $854,000 $427,000 $427,000 142
      $435,000 – $439,999 1 $439,000 $439,000 $439,000 340
      $445,000 – $449,999 4 $1,796,000 $449,000 $449,000 238
      $450,000 – $454,999 1 $450,000 $450,000 $450,000 125
      $475,000 – $479,999 2 $957,677 $478,839 $478,839 233
      $485,000 – $489,999 1 $489,000 $489,000 $489,000 136
      $495,000 – $499,999 4 $1,997,400 $499,350 $499,250 73
      $525,000 – $529,999 1 $525,000 $525,000 $525,000 429
      $545,000 – $549,999 4 $2,193,400 $548,350 $549,250 531
      $550,000 – $554,999 2 $1,100,000 $550,000 $550,000 488
      $555,000 – $559,999 1 $557,000 $557,000 $557,000 298
      $565,000 – $569,999 1 $569,000 $569,000 $569,000 173
      $575,000 – $579,999 1 $579,000 $579,000 $579,000 181
      $585,000 – $589,999 1 $589,000 $589,000 $589,000 286
      $595,000 – $599,999 4 $2,386,000 $596,500 $596,500 154
      $625,000 – $629,999 1 $625,000 $625,000 $625,000 80
      $635,000 – $639,999 1 $639,000 $639,000 $639,000 133
      $645,000 – $649,999 3 $1,945,777 $648,592 $649,000 470
      $660,000 – $664,999 1 $664,700 $664,700 $664,700 77
      $695,000 – $699,999 1 $699,000 $699,000 $699,000 120
      $725,000 – $729,999 1 $729,000 $729,000 $729,000 107
      $745,000 – $749,999 1 $749,000 $749,000 $749,000 1155
      $750,000 – $754,999 2 $1,500,000 $750,000 $750,000 684
      $765,000 – $769,999 1 $769,950 $769,950 $769,950 440
Sub Total 77 $35,042,249 $455,094 $449,000 260
Price Reduced                
  RESIDENTIAL              
    Residential            
      $495,000 – $499,999 1 $499,000 $499,000 $499,000 84
      $510,000 – $514,999 1 $512,575 $512,575 $512,575 24
      $605,000 – $609,999 1 $609,900 $609,900 $609,900 195
Sub Total 3 $1,621,475 $540,492 $512,575 101
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $125,000 – $129,999 1 $125,000 $125,000 $125,000 14
      $205,000 – $209,999 1 $209,900 $209,900 $209,900 90
      $255,000 – $259,999 1 $259,000 $259,000 $259,000 180
      $275,000 – $279,999 1 $275,000 $275,000 $275,000 605
      $280,000 – $284,999 1 $284,900 $284,900 $284,900 90
      $300,000 – $304,999 1 $304,000 $304,000 $304,000 127
      $335,000 – $339,999 1 $339,000 $339,000 $339,000 51
      $425,000 – $429,999 1 $425,997 $425,997 $425,997 130
      $495,000 – $499,999 1 $499,000 $499,000 $499,000 69
Sub Total 9 $2,721,797 $302,422 $284,900 151
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $75,000 – $79,999 2 $159,800 $79,900 $79,900 27
      $135,000 – $139,999 1 $135,000 $135,000 $135,000 147
      $150,000 – $154,999 1 $150,000 $150,000 $150,000 26
      $165,000 – $169,999 1 $169,500 $169,500 $169,500 279
      $175,000 – $179,999 1 $175,000 $175,000 $175,000 168
      $190,000 – $194,999 1 $190,000 $190,000 $190,000 255
      $195,000 – $199,999 2 $398,500 $199,250 $199,250 400
      $210,000 – $214,999 2 $420,000 $210,000 $210,000 52
      $275,000 – $279,999 1 $279,000 $279,000 $279,000 257
      $335,000 – $339,999 1 $335,000 $335,000 $335,000 121
      $425,000 – $429,999 2 $850,000 $425,000 $425,000 278
      $495,000 – $499,999 1 $495,000 $495,000 $495,000 379
      $535,000 – $539,999 1 $539,000 $539,000 $539,000 246
      $555,000 – $559,999 1 $559,000 $559,000 $559,000 699
      $650,000 – $654,999 1 $650,000 $650,000 $650,000 465
Sub Total 19 $5,504,800 $289,726 $210,000 240
SOLD                
  RESIDENTIAL              
    Residential            
      $85,000 – $89,999 1 $87,500 $87,500 $87,500 215
      $120,000 – $124,999 2 $242,000 $121,000 $121,000 187
      $125,000 – $129,999 1 $125,000 $125,000 $125,000 91
      $130,000 – $134,999 1 $131,000 $131,000 $131,000 307
      $135,000 – $139,999 1 $139,000 $139,000 $139,000 290
      $140,000 – $144,999 1 $142,000 $142,000 $142,000 79
      $145,000 – $149,999 2 $290,000 $145,000 $145,000 100
      $150,000 – $154,999 1 $150,000 $150,000 $150,000 438
      $175,000 – $179,999 1 $175,050 $175,050 $175,050 27
      $180,000 – $184,999 4 $722,400 $180,600 $180,250 89
      $200,000 – $204,999 2 $403,000 $201,500 $201,500 233
      $205,000 – $209,999 1 $205,000 $205,000 $205,000 307
      $210,000 – $214,999 1 $210,000 $210,000 $210,000 40
      $220,000 – $224,999 3 $660,221 $220,074 $220,000 63
      $225,000 – $229,999 2 $458,900 $229,450 $229,450 111
      $230,000 – $234,999 1 $230,000 $230,000 $230,000 433
      $250,000 – $254,999 2 $500,000 $250,000 $250,000 63
      $260,000 – $264,999 2 $520,000 $260,000 $260,000 128
      $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 2 $574,900 $287,450 $287,450 150
      $290,000 – $294,999 2 $582,000 $291,000 $291,000 58
      $295,000 – $299,999 1 $299,900 $299,900 $299,900 48
      $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 3 $1,009,900 $336,633 $335,000 176
      $340,000 – $344,999 2 $680,000 $340,000 $340,000 226
      $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
      $365,000 – $369,999 1 $369,000 $369,000 $369,000 223
      $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
      $410,000 – $414,999 1 $410,000 $410,000 $410,000 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 2 $911,000 $455,500 $455,500 163
      $485,000 – $489,999 3 $1,458,000 $486,000 $485,000 341
      $500,000 – $504,999 2 $1,000,000 $500,000 $500,000 73
      $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 2 $1,150,000 $575,000 $575,000 379
      $580,000 – $584,999 1 $580,000 $580,000 $580,000 253
      $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 3 $1,879,000 $626,333 $625,000 196
      $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
      $755,000 – $759,999 1 $756,000 $756,000 $756,000 248
      $770,000 – $774,999 1 $770,000 $770,000 $770,000 97
Sub Total 92 $35,039,880 $380,868 $353,000 154
                 
Grand Totals 200 $79,930,201 $399,651 $390,000 202

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