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CA Weekly Market Report

July 14, 2009

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 only.  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 between Active and Pending listings is indicating a downward movement from 17.2% to 15.9% since last week.  This is the result of Active Listings inventory increasing by 15 and Pending Sales decreasing by 5 in the past week.  Completed transactions or Sales in the past week increased by 10 for a YTD of 180 with a Median Sales Price of $319,500 and an Average Sales Price of $386,074 and Average Days On Market of 180 days.  The variance of the Median and Average Sales is down .5% and up 2.3% respectively.  This was impacted by 7 out of 10 sales occurring above $400,000 with the highest sale at $870,000.  The market is showing life above the $400K.  What is interesting is that the sales prices are an average of 4.8% below list price with 1 sale selling at 8% below list price.  Could the higher end market be softening prices to draw in the buyers?

Listings per Status

 

 

Area Market Survey

 

 
Listings as of 07/14/09 at 9:08pm

Active
Listing Price Range  Quantity      Average DOM  
$120,000 thru $139,999 1 21  
$140,000 thru $159,999 1 62  
$160,000 thru $179,999 2 213  
$180,000 thru $199,999 6 175  
$200,000 thru $249,999 24 62  
$250,000 thru $299,999 55 144  
$300,000 thru $349,999 42 103  
$350,000 thru $399,999 46 124  
$400,000 thru $449,999 31 126  
$450,000 thru $499,999 34 149  
$500,000 thru $549,999 21 146  
$550,000 thru $599,999 30 173  
$600,000 thru $649,999 11 111  
$650,000 thru $699,999 29 132  
$700,000 thru $749,999 14 113  
$750,000 thru $799,999 18 169  
$800,000 thru $849,999 7 195  
$850,000 thru $899,999 9 141  
$900,000 thru $949,999 2 194  
$950,000 thru $999,999 15 274  
$1,000,000 thru $1,249,999 15 135  
$1,250,000 thru $1,499,999 19 209  
$1,500,000 thru $1,749,999 7 302  
$1,750,000 thru $1,999,999 7 283  
$2,000,000 thru $2,249,999 2 358  
$2,250,000 thru $2,499,999 5 203  
$3,000,000 thru $3,249,999 1 306  
$3,250,000 thru $3,499,999 2 205  
$3,750,000 thru $3,999,999 1 145  
$4,500,000 thru $4,749,999 1 208  
$4,750,000 thru $4,999,999 1 350  
$5,000,000 thru $5,999,999 1 1098  
  460 151  
 
Summary Price Information
Minimum  $127,900 Maximum  $5,950,000
Average  $668,791 Median  $495,000
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 07/14/09 at 9:08pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 123  
$160,000 thru $179,999 1 351  
$180,000 thru $199,999 5 187  
$200,000 thru $249,999 13 79  
$250,000 thru $299,999 15 130  
$300,000 thru $349,999 7 195  
$350,000 thru $399,999 9 298  
$400,000 thru $449,999 6 274  
$450,000 thru $499,999 4 121  
$500,000 thru $549,999 6 177  
$550,000 thru $599,999 3 408  
$600,000 thru $649,999 3 257  
$650,000 thru $699,999 1 165  
$700,000 thru $749,999 6 357  
$750,000 thru $799,999 1 126  
$850,000 thru $899,999 1 245  
$950,000 thru $999,999 3 379  
$1,250,000 thru $1,499,999 1 285  
$3,000,000 thru $3,249,999 1 103  
  87 205  
 
Summary Price Information
Minimum  $150,000 Maximum  $3,200,000
Average  $456,719 Median  $361,845

Sold
Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 1 102  
$140,000 thru $159,999 5 78  
$160,000 thru $179,999 5 137  
$180,000 thru $199,999 7 144  
$200,000 thru $249,999 18 164  
$250,000 thru $299,999 34 155  
$300,000 thru $349,999 30 138  
$350,000 thru $399,999 17 196  
$400,000 thru $449,999 13 147  
$450,000 thru $499,999 12 191  
$500,000 thru $549,999 10 261  
$550,000 thru $599,999 7 220  
$600,000 thru $649,999 5 143  
$650,000 thru $699,999 1 35  
$700,000 thru $749,999 2 114  
$750,000 thru $799,999 3 111  
$800,000 thru $849,999 4 255  
$850,000 thru $899,999 1 425  
$900,000 thru $949,999 3 320  
$1,000,000 thru $1,249,999 1 213  
$1,250,000 thru $1,499,999 1 229  
  180 169  
 
Summary Price Information
Minimum  $135,000 Maximum  $1,275,000
Average  $386,074 Median  $319,500
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.

Written by admin · Filed Under Weekly Statistics for CA 
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