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CA Weekly Market Update

August 6, 2009

As of July 29th, 2009, I began adding Condos to the market statistics.  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 and Condos.  The reason that I use this segment of the market is that it has the most influence on the general value trends.
This year’s market activity is staying relatively constant and better than last year!  The Market Activity Ratio is the relationship between the Active Listings and the Pending Sales and this week it is slightly down from 16% to 15.9%.  The result is the Active Listings is down by 13 and Pending Sales is down by 3.  Completed Transactions or Sales is up by 13 this past week for a YTD of 224 with a Median Sales Price of $315,000, Average Sales Price of $376,433 and Average Days On Market is 166 days.  The Median Sales Price remained the same since last week and the Average Sales Price increased by 1%.  It’s the lower prices which are continueing to drive our market.

Listings per Status

Area Market Survey
Listings as of 08/06/09 at 2:51pm

Active
Listing Price Range  Quantity      Average DOM  
$100,000 thru $119,999 2 4  
$120,000 thru $139,999 3 98  
$140,000 thru $159,999 4 65  
$160,000 thru $179,999 5 124  
$180,000 thru $199,999 12 246  
$200,000 thru $249,999 32 147  
$250,000 thru $299,999 67 160  
$300,000 thru $349,999 51 127  
$350,000 thru $399,999 57 116  
$400,000 thru $449,999 33 145  
$450,000 thru $499,999 39 177  
$500,000 thru $549,999 28 152  
$550,000 thru $599,999 38 186  
$600,000 thru $649,999 13 187  
$650,000 thru $699,999 27 187  
$700,000 thru $749,999 12 190  
$750,000 thru $799,999 16 155  
$800,000 thru $849,999 12 154  
$850,000 thru $899,999 5 172  
$900,000 thru $949,999 3 183  
$950,000 thru $999,999 16 275  
$1,000,000 thru $1,249,999 15 204  
$1,250,000 thru $1,499,999 17 221  
$1,500,000 thru $1,749,999 8 287  
$1,750,000 thru $1,999,999 8 270  
$2,000,000 thru $2,249,999 2 381  
$2,250,000 thru $2,499,999 9 217  
$3,000,000 thru $3,249,999 1 329  
$3,250,000 thru $3,499,999 5 154  
$4,250,000 thru $4,499,999 1 373  
$4,500,000 thru $4,749,999 1 231  
$5,000,000 thru $5,999,999 1 1121  
  543 170  
 
Summary Price Information
Minimum  $103,900 Maximum  $5,950,000
Average  $643,786 Median  $460,000
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 08/06/09 at 2:51pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 4 161  
$180,000 thru $199,999 8 155  
$200,000 thru $249,999 14 67  
$250,000 thru $299,999 17 85  
$300,000 thru $349,999 12 165  
$350,000 thru $399,999 9 282  
$400,000 thru $449,999 5 302  
$450,000 thru $499,999 3 45  
$500,000 thru $549,999 9 180  
$550,000 thru $599,999 4 232  
$600,000 thru $649,999 2 299  
$650,000 thru $699,999 4 133  
$700,000 thru $749,999 3 490  
$750,000 thru $799,999 2 85  
$850,000 thru $899,999 1 268  
$950,000 thru $999,999 3 402  
$1,250,000 thru $1,499,999 2 239  
$3,000,000 thru $3,249,999 1 126  
  103 173  
 
Summary Price Information
Minimum  $140,000 Maximum  $3,200,000
Average  $443,472 Median  $329,900

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 10 128  
$180,000 thru $199,999 10 124  
$200,000 thru $249,999 29 158  
$250,000 thru $299,999 41 158  
$300,000 thru $349,999 34 145  
$350,000 thru $399,999 24 196  
$400,000 thru $449,999 14 140  
$450,000 thru $499,999 14 196  
$500,000 thru $549,999 10 261  
$550,000 thru $599,999 7 220  
$600,000 thru $649,999 6 150  
$650,000 thru $699,999 2 105  
$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  
$1,500,000 thru $1,749,999 1 14  
  224 166  
 
Summary Price Information
Minimum  $135,000 Maximum  $1,650,000
Average  $376,433 Median  $315,000
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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