CA Weekly Market Update

August 18, 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.
The market continues to remain stable this past week with the Market Activity Ratio up by .2%.  The Market Activity Ratio is the relationship between the Active Listings and Pending Sales.  The Active Listings is down by 1, Pending Sales is up by 1 for a ratio of 16.9%.  The completed transactions or Sales is up by 10 for a YTD of 242 with the Median Sales Price at $318,500, Average Sales Price at $390,773 and Average Days On Market is 165.  The Median Sales Price and Average Sales Price is up by .2% and .4% respectively.  Overall sales remain strong in the price bracket of $200,000 to $400,000.  The inventory continues to keep pace with the sales which seems to show signs of stability.

Listings per Status

 

Area Market Survey

 

Listings as of 08/18/09 at 10:03pm

Active
Listing Price Range  Quantity      Average DOM  
$100,000 thru $119,999 2 16  
$120,000 thru $139,999 4 85  
$140,000 thru $159,999 4 77  
$160,000 thru $179,999 6 155  
$180,000 thru $199,999 11 251  
$200,000 thru $249,999 31 158  
$250,000 thru $299,999 64 152  
$300,000 thru $349,999 55 135  
$350,000 thru $399,999 61 116  
$400,000 thru $449,999 29 158  
$450,000 thru $499,999 39 183  
$500,000 thru $549,999 29 160  
$550,000 thru $599,999 36 193  
$600,000 thru $649,999 11 159  
$650,000 thru $699,999 25 196  
$700,000 thru $749,999 13 192  
$750,000 thru $799,999 14 179  
$800,000 thru $849,999 12 153  
$850,000 thru $899,999 4 90  
$900,000 thru $949,999 4 284  
$950,000 thru $999,999 16 280  
$1,000,000 thru $1,249,999 14 210  
$1,250,000 thru $1,499,999 17 233  
$1,500,000 thru $1,749,999 7 289  
$1,750,000 thru $1,999,999 8 282  
$2,000,000 thru $2,249,999 2 393  
$2,250,000 thru $2,499,999 9 229  
$2,750,000 thru $2,999,999 1 47  
$3,000,000 thru $3,249,999 1 341  
$3,250,000 thru $3,499,999 4 196  
$4,250,000 thru $4,499,999 1 385  
$4,500,000 thru $4,749,999 1 243  
$5,000,000 thru $5,999,999 1 1133  
  536 174  
 
Summary Price Information
Minimum  $103,900 Maximum  $5,950,000
Average  $638,806 Median  $450,000
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 08/18/09 at 10:03pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 3 109  
$180,000 thru $199,999 8 177  
$200,000 thru $249,999 13 88  
$250,000 thru $299,999 20 104  
$300,000 thru $349,999 13 169  
$350,000 thru $399,999 8 292  
$400,000 thru $449,999 4 279  
$450,000 thru $499,999 4 76  
$500,000 thru $549,999 10 213  
$550,000 thru $599,999 5 104  
$600,000 thru $649,999 4 364  
$650,000 thru $699,999 4 162  
$700,000 thru $749,999 3 502  
$750,000 thru $799,999 3 96  
$850,000 thru $899,999 1 280  
$950,000 thru $999,999 3 423  
$1,000,000 thru $1,249,999 1 305  
$1,250,000 thru $1,499,999 2 251  
  109 182  
 
Summary Price Information
Minimum  $140,000 Maximum  $1,349,000
Average  $434,443 Median  $331,650

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 32 147  
$250,000 thru $299,999 42 156  
$300,000 thru $349,999 36 145  
$350,000 thru $399,999 26 194  
$400,000 thru $449,999 16 157  
$450,000 thru $499,999 17 173  
$500,000 thru $549,999 10 261  
$550,000 thru $599,999 8 201  
$600,000 thru $649,999 7 220  
$650,000 thru $699,999 2 105  
$700,000 thru $749,999 4 131  
$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 4 261  
$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  
$2,750,000 thru $2,999,999 1 130  
  242 165  
 
Summary Price Information
Minimum  $135,000 Maximum  $2,850,000
Average  $390,773 Median  $318,500
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.

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