CA Weekly Market Report

June 23, 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 has plateaued this past week as the Market Activity Indicator is slightly down to 18.2%.  This is a ratio with Active Listings up by 12 and Pending Sales down by 1.  The number of completed transactions or Sales is up by 8 for a YTD of 150 with a Median Sales Price of $318,000, Average Sales Price of $380,319 and Average Days On Market of 170.  Most of the sales are occurring in a lower price bracket now which is between $200,00 and $300,000.  The inventory in this bracket is increasing slightly.  Again it’s the lower prices that are driving the market.

Listings per Status
%Jim Wire %Real Estate Lake Tahoe

 

 

Area Market Survey

 

 

Listings as of 06/23/09 at 9:38am

Active
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 41  
$160,000 thru $179,999 2 213  
$180,000 thru $199,999 6 142  
$200,000 thru $249,999 16 96  
$250,000 thru $299,999 40 146  
$300,000 thru $349,999 39 130  
$350,000 thru $399,999 38 139  
$400,000 thru $449,999 31 147  
$450,000 thru $499,999 37 144  
$500,000 thru $549,999 18 205  
$550,000 thru $599,999 27 169  
$600,000 thru $649,999 11 124  
$650,000 thru $699,999 23 116  
$700,000 thru $749,999 14 109  
$750,000 thru $799,999 19 164  
$800,000 thru $849,999 7 170  
$850,000 thru $899,999 7 156  
$900,000 thru $949,999 3 137  
$950,000 thru $999,999 17 210  
$1,000,000 thru $1,249,999 14 146  
$1,250,000 thru $1,499,999 16 206  
$1,500,000 thru $1,749,999 8 294  
$1,750,000 thru $1,999,999 6 245  
$2,000,000 thru $2,249,999 2 337  
$2,250,000 thru $2,499,999 6 216  
$2,500,000 thru $2,749,999 2 297  
$3,000,000 thru $3,249,999 2 184  
$3,250,000 thru $3,499,999 1 377  
$3,750,000 thru $3,999,999 1 124  
$4,500,000 thru $4,749,999 1 187  
$4,750,000 thru $4,999,999 1 329  
$5,000,000 thru $5,999,999 1 1077  
  417 159  
 
Summary Price Information
Minimum  $149,000 Maximum  $5,950,000
Average  $708,325 Median  $499,000
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 06/23/09 at 9:38am

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 2 74  
$160,000 thru $179,999 1 304  
$180,000 thru $199,999 5 141  
$200,000 thru $249,999 13 78  
$250,000 thru $299,999 18 158  
$300,000 thru $349,999 6 187  
$350,000 thru $399,999 11 197  
$400,000 thru $449,999 5 227  
$450,000 thru $499,999 4 51  
$500,000 thru $549,999 5 63  
$550,000 thru $599,999 4 326  
$600,000 thru $649,999 5 235  
$650,000 thru $699,999 1 330  
$700,000 thru $749,999 5 399  
$750,000 thru $799,999 3 104  
$850,000 thru $899,999 1 224  
$900,000 thru $949,999 1 411  
$950,000 thru $999,999 1 721  
$1,250,000 thru $1,499,999 2 258  
  93 182  
 
Summary Price Information
Minimum  $148,500 Maximum  $1,395,000
Average  $430,512 Median  $361,845

Sold
Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 1 102  
$140,000 thru $159,999 5 78  
$160,000 thru $179,999 3 109  
$180,000 thru $199,999 7 144  
$200,000 thru $249,999 16 167  
$250,000 thru $299,999 28 145  
$300,000 thru $349,999 27 137  
$350,000 thru $399,999 13 200  
$400,000 thru $449,999 12 155  
$450,000 thru $499,999 8 229  
$500,000 thru $549,999 8 301  
$550,000 thru $599,999 5 210  
$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 4 255  
$900,000 thru $949,999 3 320  
$1,000,000 thru $1,249,999 1 213  
$1,250,000 thru $1,499,999 1 229  
  150 170  
 
Summary Price Information
Minimum  $135,000 Maximum  $1,275,000
Average  $380,319 Median  $318,000
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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