CA Weekly Market Report

May 11, 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 a 4 week increase in buyer market activity, it plateaued but last week it took another jump.  The Active Listings increased  by 3 and the Pending Sales increase by a big 8 which equates to a Market Activity Ratio of a whopping 17%.  The number of completed trasactions for YTD is up by 2 for a total of 105.  The Median Price is 319,000, Average Sale Price is $389,135 and Days On Market (DOM) 173.  The Median remains the same since last week but the Average Sale did increase slightly by a variance of .001%.  The buyers are heating up the market like we haven’t seen in a few years.

Listings per Status

 

Area Market Survey

 

Listings as of 05/11/09 at 10:28am

Active
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 3  
$160,000 thru $179,999 1 287  
$180,000 thru $199,999 4 94  
$200,000 thru $249,999 10 155  
$250,000 thru $299,999 29 182  
$300,000 thru $349,999 41 143  
$350,000 thru $399,999 36 120  
$400,000 thru $449,999 25 186  
$450,000 thru $499,999 35 145  
$500,000 thru $549,999 23 195  
$550,000 thru $599,999 30 191  
$600,000 thru $649,999 14 153  
$650,000 thru $699,999 16 155  
$700,000 thru $749,999 14 211  
$750,000 thru $799,999 15 125  
$800,000 thru $849,999 11 129  
$850,000 thru $899,999 8 229  
$900,000 thru $949,999 4 201  
$950,000 thru $999,999 15 223  
$1,000,000 thru $1,249,999 13 160  
$1,250,000 thru $1,499,999 15 261  
$1,500,000 thru $1,749,999 9 239  
$1,750,000 thru $1,999,999 5 249  
$2,000,000 thru $2,249,999 1 342  
$2,250,000 thru $2,499,999 5 217  
$2,500,000 thru $2,749,999 3 204  
$2,750,000 thru $2,999,999 1 101  
$3,000,000 thru $3,249,999 2 141  
$3,500,000 thru $3,749,999 1 334  
$3,750,000 thru $3,999,999 1 81  
$4,500,000 thru $4,749,999 1 144  
$4,750,000 thru $4,999,999 1 286  
$6,000,000 thru $6,999,999 1 1035  
  391 174  
 
Summary Price Information
Minimum  $148,500 Maximum  $6,950,000
Average  $735,378 Median  $535,000
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 05/11/09 at 10:28am

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 2 94  
$160,000 thru $179,999 1 261  
$180,000 thru $199,999 5 219  
$200,000 thru $249,999 8 108  
$250,000 thru $299,999 18 174  
$300,000 thru $349,999 11 124  
$350,000 thru $399,999 8 237  
$400,000 thru $449,999 6 398  
$450,000 thru $499,999 4 259  
$500,000 thru $549,999 4 193  
$550,000 thru $599,999 3 335  
$600,000 thru $649,999 3 118  
$650,000 thru $699,999 3 246  
$700,000 thru $749,999 2 55  
$850,000 thru $899,999 1 181  
$1,250,000 thru $1,499,999 1 221  
  80 195  
 
Summary Price Information
Minimum  $150,000 Maximum  $1,295,000
Average  $388,395 Median  $329,000

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 7 163  
$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 4 162  
$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  
  105 173  
 
Summary Price Information
Minimum  $135,000 Maximum  $1,275,000
Average  $389,135 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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