CA Weekly Market Report

May 5, 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.
After 4 weeks of a continued increase in market activity, it seems to have leveled off.  Active Listings on the market is down by 4 and Pending Sales is down by 3 for a Market Activity Ratio of 15.5% which is slighty down from last week.  Completed Transactions for YTD is up by 11 for a total of 103.  The Average Sale Price is $388,604, the Median Sale Price is $319,000 and Days On Market (DOM) is 174.  Variance of change for the Average Sale Price and the Median Sale Price is down 1% and down .2% respectively from last week.  The market activity ratio is up by about 5% from last year at this time.  Are we seeing a plateau and which way will the see saw tip?  It’s still a buyers’ paradise!

Listings per Status

 

Area Market Survey

 

Listings as of 05/05/09 at 10:13pm

Active
Listing Price Range  Quantity      Average DOM  
$160,000 thru $179,999 2 268  
$180,000 thru $199,999 3 118  
$200,000 thru $249,999 9 160  
$250,000 thru $299,999 27 192  
$300,000 thru $349,999 42 152  
$350,000 thru $399,999 38 114  
$400,000 thru $449,999 24 161  
$450,000 thru $499,999 36 142  
$500,000 thru $549,999 25 200  
$550,000 thru $599,999 29 190  
$600,000 thru $649,999 16 136  
$650,000 thru $699,999 14 170  
$700,000 thru $749,999 15 193  
$750,000 thru $799,999 15 119  
$800,000 thru $849,999 11 123  
$850,000 thru $899,999 7 189  
$900,000 thru $949,999 5 249  
$950,000 thru $999,999 16 221  
$1,000,000 thru $1,249,999 13 154  
$1,250,000 thru $1,499,999 15 255  
$1,500,000 thru $1,749,999 9 233  
$1,750,000 thru $1,999,999 5 243  
$2,000,000 thru $2,249,999 2 438  
$2,250,000 thru $2,499,999 5 211  
$2,500,000 thru $2,749,999 3 198  
$2,750,000 thru $2,999,999 1 95  
$3,000,000 thru $3,249,999 2 135  
$3,500,000 thru $3,749,999 1 328  
$3,750,000 thru $3,999,999 1 75  
$4,500,000 thru $4,749,999 1 138  
$4,750,000 thru $4,999,999 1 280  
$6,000,000 thru $6,999,999 1 1029  
  394 173  
 
Summary Price Information
Minimum  $175,000 Maximum  $6,950,000
Average  $740,861 Median  $539,000
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 05/05/09 at 10:13pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 2 88  
$180,000 thru $199,999 5 213  
$200,000 thru $249,999 9 109  
$250,000 thru $299,999 17 162  
$300,000 thru $349,999 8 142  
$350,000 thru $399,999 8 231  
$400,000 thru $449,999 5 469  
$450,000 thru $499,999 3 274  
$500,000 thru $549,999 3 246  
$550,000 thru $599,999 3 329  
$600,000 thru $649,999 3 122  
$650,000 thru $699,999 3 240  
$700,000 thru $749,999 1 63  
$850,000 thru $899,999 1 175  
$1,250,000 thru $1,499,999 1 215  
  72 200  
 
Summary Price Information
Minimum  $150,000 Maximum  $1,295,000
Average  $385,041 Median  $328,000

Sold
Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 1 102  
$140,000 thru $159,999 3 57  
$160,000 thru $179,999 3 109  
$180,000 thru $199,999 5 78  
$200,000 thru $249,999 6 171  
$250,000 thru $299,999 22 151  
$300,000 thru $349,999 17 156  
$350,000 thru $399,999 10 244  
$400,000 thru $449,999 11 162  
$450,000 thru $499,999 4 208  
$500,000 thru $549,999 6 284  
$550,000 thru $599,999 3 263  
$600,000 thru $649,999 3 167  
$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  
  103 174  
 
Summary Price Information
Minimum  $135,000 Maximum  $1,275,000
Average  $388,604 Median  $319,000
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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