CA Weekly Market Update

July 21, 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 between the Active Listings and Pending Sales is showing us that the market moved up by a robust point this past week.  The Active Listings rose by 8, Pending Sales rose by 7 to go from 15.9% 2 weeks ago to 16.7% this past week.  Completed Transactions or Sales is up by 11 this past week for a YTD of 191 with the Median Price slightly down to $318,000, Average Sales Price is slightly down to $382,044 and the Average Days On market is 164.  As usual the bulk of the activity is happening in the price bracket of $200,000 and $300,000.  What is interesting to note is that the inventory replacement in this price bracket is barely keeping up again.

Listings per Status

 

Area Market Survey

 

Listings as of 07/21/09 at 7:54pm

Active
Listing Price Range  Quantity      Average DOM  
$120,000 thru $139,999 1 28  
$140,000 thru $159,999 1 69  
$160,000 thru $179,999 2 220  
$180,000 thru $199,999 6 151  
$200,000 thru $249,999 25 70  
$250,000 thru $299,999 49 159  
$300,000 thru $349,999 43 93  
$350,000 thru $399,999 53 119  
$400,000 thru $449,999 29 139  
$450,000 thru $499,999 35 151  
$500,000 thru $549,999 22 146  
$550,000 thru $599,999 31 188  
$600,000 thru $649,999 12 110  
$650,000 thru $699,999 28 157  
$700,000 thru $749,999 13 127  
$750,000 thru $799,999 17 152  
$800,000 thru $849,999 11 137  
$850,000 thru $899,999 8 181  
$900,000 thru $949,999 3 207  
$950,000 thru $999,999 14 285  
$1,000,000 thru $1,249,999 15 133  
$1,250,000 thru $1,499,999 20 205  
$1,500,000 thru $1,749,999 8 271  
$1,750,000 thru $1,999,999 8 254  
$2,000,000 thru $2,249,999 2 365  
$2,250,000 thru $2,499,999 6 175  
$3,000,000 thru $3,249,999 1 313  
$3,250,000 thru $3,499,999 2 86  
$4,500,000 thru $4,749,999 1 215  
$4,750,000 thru $4,999,999 1 357  
$5,000,000 thru $5,999,999 1 1105  
  468 153  
 
Summary Price Information
Minimum  $127,900 Maximum  $5,950,000
Average  $671,025 Median  $497,250
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 07/21/09 at 7:54pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 130  
$160,000 thru $179,999 1 358  
$180,000 thru $199,999 6 197  
$200,000 thru $249,999 11 76  
$250,000 thru $299,999 18 140  
$300,000 thru $349,999 9 168  
$350,000 thru $399,999 9 318  
$400,000 thru $449,999 7 268  
$450,000 thru $499,999 4 128  
$500,000 thru $549,999 6 184  
$550,000 thru $599,999 3 281  
$600,000 thru $649,999 3 264  
$650,000 thru $699,999 1 172  
$700,000 thru $749,999 6 351  
$750,000 thru $799,999 2 69  
$850,000 thru $899,999 1 252  
$950,000 thru $999,999 3 386  
$1,250,000 thru $1,499,999 1 292  
$1,750,000 thru $1,999,999 1 1  
$3,000,000 thru $3,249,999 1 110  
  94 199  
 
Summary Price Information
Minimum  $150,000 Maximum  $3,200,000
Average  $468,068 Median  $367,475

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 5 137  
$180,000 thru $199,999 8 131  
$200,000 thru $249,999 21 155  
$250,000 thru $299,999 38 147  
$300,000 thru $349,999 30 138  
$350,000 thru $399,999 18 189  
$400,000 thru $449,999 14 140  
$450,000 thru $499,999 12 191  
$500,000 thru $549,999 10 261  
$550,000 thru $599,999 7 220  
$600,000 thru $649,999 5 143  
$650,000 thru $699,999 1 35  
$700,000 thru $749,999 3 111  
$750,000 thru $799,999 3 111  
$800,000 thru $849,999 4 255  
$850,000 thru $899,999 1 425  
$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  
  191 164  
 
Summary Price Information
Minimum  $135,000 Maximum  $1,275,000
Average  $382,044 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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