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CA Weekly Market Report

May 19, 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.
Another big jump in market activity this week with a Market Activity Ratio of 19.5% from the previous week of 17%.  Active Listings are down by 11, Pending Sales are up by 10, Sales are up by 8, YTD is 113 Sales with a Median Price of $319,000, Average Price of $387,630 and Average Days On Market (DOM) of 171. The variance for Median Sale Price, and Average Sale Price is 0 and .4% respectively.  Last year at this time the Market Activity Ratio was 10.8% with 402 Active Listings and 49 Pending Sales.  This year the inventory is less in comparison with almost double the escrows.  The market continues to be fueled by lower prices and it’s spreading from the $250K to $350K bracket up to the $400K bracket.  Inventories in the $250K to $300K dropped slightly.  Again it is showing us that this could be the bottom that buyers are looking for as this price bracket continues to heat up!

Listings per Status

 

Area Market Survey

 
Listings as of 05/19/09 at 7:27pm

Active
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 6  
$180,000 thru $199,999 3 108  
$200,000 thru $249,999 9 158  
$250,000 thru $299,999 33 155  
$300,000 thru $349,999 39 141  
$350,000 thru $399,999 33 127  
$400,000 thru $449,999 24 194  
$450,000 thru $499,999 37 144  
$500,000 thru $549,999 23 195  
$550,000 thru $599,999 27 189  
$600,000 thru $649,999 14 159  
$650,000 thru $699,999 16 161  
$700,000 thru $749,999 14 215  
$750,000 thru $799,999 16 133  
$800,000 thru $849,999 8 101  
$850,000 thru $899,999 8 229  
$900,000 thru $949,999 2 154  
$950,000 thru $999,999 17 240  
$1,000,000 thru $1,249,999 11 134  
$1,250,000 thru $1,499,999 15 266  
$1,500,000 thru $1,749,999 8 266  
$1,750,000 thru $1,999,999 5 257  
$2,000,000 thru $2,249,999 1 350  
$2,250,000 thru $2,499,999 5 225  
$2,500,000 thru $2,749,999 3 212  
$2,750,000 thru $2,999,999 1 109  
$3,000,000 thru $3,249,999 2 149  
$3,500,000 thru $3,749,999 1 342  
$3,750,000 thru $3,999,999 1 89  
$4,500,000 thru $4,749,999 1 152  
$4,750,000 thru $4,999,999 1 294  
$6,000,000 thru $6,999,999 1 1043  
  380 175  
 
Summary Price Information
Minimum  $149,000 Maximum  $6,950,000
Average  $735,235 Median  $530,500
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.

Area Market Survey

 
Listings as of 05/19/09 at 7:27pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 3 72  
$160,000 thru $179,999 2 282  
$180,000 thru $199,999 5 195  
$200,000 thru $249,999 9 114  
$250,000 thru $299,999 19 187  
$300,000 thru $349,999 12 122  
$350,000 thru $399,999 12 198  
$400,000 thru $449,999 3 348  
$450,000 thru $499,999 6 190  
$500,000 thru $549,999 6 199  
$550,000 thru $599,999 3 343  
$600,000 thru $649,999 3 126  
$650,000 thru $699,999 2 344  
$700,000 thru $749,999 1 48  
$750,000 thru $799,999 2 90  
$800,000 thru $849,999 1 282  
$850,000 thru $899,999 1 189  
$900,000 thru $949,999 1 376  
$1,250,000 thru $1,499,999 1 229  
  92 184  
 
Summary Price Information
Minimum  $148,500 Maximum  $1,295,000
Average  $395,803 Median  $340,000

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 6 104  
$200,000 thru $249,999 9 166  
$250,000 thru $299,999 23 155  
$300,000 thru $349,999 18 151  
$350,000 thru $399,999 11 228  
$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 5 143  
$700,000 thru $749,999 2 114  
$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  
  113 171  
 
Summary Price Information
Minimum  $135,000 Maximum  $1,275,000
Average  $387,630 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.

Written by admin · Filed Under Weekly Statistics for CA 
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