CA Weekly Market Update

May 26, 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 Activity Ratio jumps up another point this past week.  The number of Active Listings is up by 4, the Pending Sales is up by 7 and the completed transactions or Sales is up by 6.  The YTD sales is 119 with a Median Price of $319,000 the Average Price is $387,220 with the Median unchanged and the variance of the Average sale price down at a slight .1% .  The average Days on Market is 168 days.  99 Pending Sales is more than double of last year and it hasn’t been this high even during the peak of the market.  Even though it’s the low prices driving the bottom of the market, we have seen two new pending sales above $950,000.  The market is showing strength that is hard to ignore!

Listings per Status

 

 

Area Market Survey

 

 

Listings as of 05/26/09 at 8:23pm

Active
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 13  
$180,000 thru $199,999 4 88  
$200,000 thru $249,999 11 158  
$250,000 thru $299,999 33 149  
$300,000 thru $349,999 41 137  
$350,000 thru $399,999 31 136  
$400,000 thru $449,999 25 191  
$450,000 thru $499,999 41 132  
$500,000 thru $549,999 20 204  
$550,000 thru $599,999 27 161  
$600,000 thru $649,999 14 166  
$650,000 thru $699,999 16 159  
$700,000 thru $749,999 12 153  
$750,000 thru $799,999 17 132  
$800,000 thru $849,999 8 108  
$850,000 thru $899,999 8 219  
$900,000 thru $949,999 3 109  
$950,000 thru $999,999 16 192  
$1,000,000 thru $1,249,999 11 141  
$1,250,000 thru $1,499,999 15 258  
$1,500,000 thru $1,749,999 8 273  
$1,750,000 thru $1,999,999 5 264  
$2,000,000 thru $2,249,999 2 309  
$2,250,000 thru $2,499,999 4 225  
$2,500,000 thru $2,749,999 3 219  
$2,750,000 thru $2,999,999 1 116  
$3,000,000 thru $3,249,999 2 156  
$3,500,000 thru $3,749,999 1 349  
$3,750,000 thru $3,999,999 1 96  
$4,500,000 thru $4,749,999 1 159  
$4,750,000 thru $4,999,999 1 301  
$5,000,000 thru $5,999,999 1 1049  
  384 167  
 
Summary Price Information
Minimum  $149,000 Maximum  $5,950,000
Average  $725,835 Median  $522,450
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 05/26/09 at 8:23pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 3 79  
$160,000 thru $179,999 2 289  
$180,000 thru $199,999 4 235  
$200,000 thru $249,999 9 131  
$250,000 thru $299,999 20 193  
$300,000 thru $349,999 12 136  
$350,000 thru $399,999 13 191  
$400,000 thru $449,999 4 208  
$450,000 thru $499,999 6 197  
$500,000 thru $549,999 7 153  
$550,000 thru $599,999 3 359  
$600,000 thru $649,999 2 120  
$650,000 thru $699,999 2 351  
$700,000 thru $749,999 3 443  
$750,000 thru $799,999 2 97  
$800,000 thru $849,999 1 289  
$850,000 thru $899,999 1 196  
$900,000 thru $949,999 1 383  
$950,000 thru $999,999 2 562  
$1,250,000 thru $1,499,999 2 230  
  99 202  
 
Summary Price Information
Minimum  $148,500 Maximum  $1,395,000
Average  $424,762 Median  $349,900

Sold
Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 1 102  
$140,000 thru $159,999 4 61  
$160,000 thru $179,999 3 109  
$180,000 thru $199,999 6 104  
$200,000 thru $249,999 11 155  
$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 7 275  
$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 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  
  119 168  
 
Summary Price Information
Minimum  $135,000 Maximum  $1,275,000
Average  $387,220 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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