CA Weekly Market Report

April 13, 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 CA market activity is creeping up for the third week straight!  Inventory for Active Listings did rise by 8 and the Pending Sales increased by 7 to give us a ratio of 14.2%.  This is an improvement from last week, 13.1% and last year, 11%.  Inventory for Active Listings is about the same level as last year.  There has been 2 more sales this week for YTD, 79 sales.  The Average Price of the sales is $405,561, Average Median is $340,000 and Average Days On Market (DOM) is 167.  The majority of Pending and Closed Escrows is in the price bracket between $250,000 and $350,000.  The low end of the market continues to be a large contributor to the modest increases of sales!

Listings per Status
%Jim Wire %Real Estate Lake Tahoe

 

Area Market Survey

 

Listings as of 04/13/09 at 7:42pm

Active
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 101  
$160,000 thru $179,999 1 233  
$180,000 thru $199,999 5 151  
$200,000 thru $249,999 12 139  
$250,000 thru $299,999 31 201  
$300,000 thru $349,999 41 150  
$350,000 thru $399,999 31 148  
$400,000 thru $449,999 24 196  
$450,000 thru $499,999 32 142  
$500,000 thru $549,999 24 230  
$550,000 thru $599,999 27 196  
$600,000 thru $649,999 17 114  
$650,000 thru $699,999 22 164  
$700,000 thru $749,999 11 135  
$750,000 thru $799,999 13 237  
$800,000 thru $849,999 10 126  
$850,000 thru $899,999 11 144  
$900,000 thru $949,999 4 285  
$950,000 thru $999,999 16 234  
$1,000,000 thru $1,249,999 12 159  
$1,250,000 thru $1,499,999 16 270  
$1,500,000 thru $1,749,999 9 229  
$1,750,000 thru $1,999,999 3 330  
$2,000,000 thru $2,249,999 2 416  
$2,250,000 thru $2,499,999 5 189  
$2,500,000 thru $2,749,999 4 164  
$2,750,000 thru $2,999,999 1 73  
$3,000,000 thru $3,249,999 2 113  
$3,500,000 thru $3,749,999 1 306  
$3,750,000 thru $3,999,999 1 53  
$4,500,000 thru $4,749,999 1 116  
$4,750,000 thru $4,999,999 1 258  
$6,000,000 thru $6,999,999 1 1007  
$7,000,000 thru $7,999,999 1 325  
  393 183  
 
Summary Price Information
Minimum  $154,900 Maximum  $7,560,000
Average  $757,934 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 04/13/09 at 7:42pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 2 65  
$180,000 thru $199,999 4 190  
$200,000 thru $249,999 6 87  
$250,000 thru $299,999 18 109  
$300,000 thru $349,999 10 154  
$350,000 thru $399,999 5 262  
$400,000 thru $449,999 5 326  
$450,000 thru $499,999 1 126  
$500,000 thru $549,999 3 224  
$550,000 thru $599,999 3 230  
$600,000 thru $649,999 3 185  
$650,000 thru $699,999 3 153  
$700,000 thru $749,999 1 41  
$1,250,000 thru $1,499,999 1 193  
  65 163  
 
Summary Price Information
Minimum  $149,900 Maximum  $1,295,000
Average  $379,984 Median  $315,000

Sold
Selling Price Range  Quantity      Average DOM  
$140,000 thru $159,999 3 57  
$160,000 thru $179,999 3 109  
$180,000 thru $199,999 4 85  
$200,000 thru $249,999 5 118  
$250,000 thru $299,999 12 113  
$300,000 thru $349,999 14 177  
$350,000 thru $399,999 8 203  
$400,000 thru $449,999 7 151  
$450,000 thru $499,999 4 208  
$500,000 thru $549,999 6 284  
$550,000 thru $599,999 2 253  
$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  
  79 167  
 
Summary Price Information
Minimum  $145,000 Maximum  $1,275,000
Average  $405,561 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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