CA Weekly Market Report

March 29, 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 is picking up a little steam with 4 more Pending Sales and 2 more Active Listings for a ratio of 12.8%.  The majority of sales are occurring under $300,000 and it’s the locals that are stepping up.  Homes are becoming more affordable for the local residents.  We are now beginning to outpace last year sales at this time.  We have 2 more Sales for this week which is giving us a Median Price of $340,000, Average Price of $419,176 and an Average of 167 Days On Market (DOM). 
Listings per Status

Area Market Survey

 

Listings as of 03/29/09 at 6:37pm

Active
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 86  
$180,000 thru $199,999 7 185  
$200,000 thru $249,999 11 142  
$250,000 thru $299,999 32 200  
$300,000 thru $349,999 40 160  
$350,000 thru $399,999 36 157  
$400,000 thru $449,999 25 213  
$450,000 thru $499,999 28 169  
$500,000 thru $549,999 22 206  
$550,000 thru $599,999 29 224  
$600,000 thru $649,999 12 128  
$650,000 thru $699,999 26 159  
$700,000 thru $749,999 10 108  
$750,000 thru $799,999 13 249  
$800,000 thru $849,999 10 116  
$850,000 thru $899,999 9 186  
$900,000 thru $949,999 3 324  
$950,000 thru $999,999 18 219  
$1,000,000 thru $1,249,999 13 179  
$1,250,000 thru $1,499,999 18 240  
$1,500,000 thru $1,749,999 8 243  
$1,750,000 thru $1,999,999 3 315  
$2,000,000 thru $2,249,999 2 401  
$2,250,000 thru $2,499,999 5 174  
$2,500,000 thru $2,749,999 4 149  
$2,750,000 thru $2,999,999 1 58  
$3,000,000 thru $3,249,999 1 199  
$3,250,000 thru $3,499,999 1 304  
$3,500,000 thru $3,749,999 1 291  
$3,750,000 thru $3,999,999 1 38  
$4,500,000 thru $4,749,999 1 101  
$4,750,000 thru $4,999,999 1 243  
$6,000,000 thru $6,999,999 1 992  
$7,000,000 thru $7,999,999 1 310  
  394 189  
 
Summary Price Information
Minimum  $154,900 Maximum  $7,560,000
Average  $759,380 Median  $549,000
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 03/29/09 at 6:37pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 2 50  
$160,000 thru $179,999 1 346  
$180,000 thru $199,999 5 119  
$200,000 thru $249,999 5 81  
$250,000 thru $299,999 16 89  
$300,000 thru $349,999 5 137  
$350,000 thru $399,999 6 291  
$400,000 thru $449,999 7 366  
$450,000 thru $499,999 1 111  
$500,000 thru $549,999 2 298  
$550,000 thru $599,999 2 272  
$600,000 thru $649,999 3 170  
$650,000 thru $699,999 2 79  
$1,250,000 thru $1,499,999 1 178  
  58 172  
 
Summary Price Information
Minimum  $149,900 Maximum  $1,295,000
Average  $368,235 Median  $304,500

Sold
Selling Price Range  Quantity      Average DOM  
$140,000 thru $159,999 3 57  
$160,000 thru $179,999 1 173  
$180,000 thru $199,999 4 85  
$200,000 thru $249,999 5 118  
$250,000 thru $299,999 10 119  
$300,000 thru $349,999 12 194  
$350,000 thru $399,999 4 105  
$400,000 thru $449,999 6 163  
$450,000 thru $499,999 4 208  
$500,000 thru $549,999 6 284  
$550,000 thru $599,999 1 234  
$600,000 thru $649,999 2 167  
$700,000 thru $749,999 1 157  
$750,000 thru $799,999 1 78  
$800,000 thru $849,999 3 235  
$900,000 thru $949,999 2 253  
$1,000,000 thru $1,249,999 1 213  
$1,250,000 thru $1,499,999 1 229  
  67 167  
 
Summary Price Information
Minimum  $145,000 Maximum  $1,275,000
Average  $419,176 Median  $340,000
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.

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