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CA Weekly Market Update

February 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. 
This past week we have seen a slight decrease in market activity.  This is evident by the number of Pending Sales which are down by 6 while Active Listings are up by 5.  The ratio between Active Listings and Pending Sales is down from 12.2% to 11% this week.  The number of Sold Listings is up to 39 for the year from 28 with a Median Price of $319,000 and Average Sale Price of $387,456.  Last year at this time we had 383 Active Listings and 57 Pending Sales for a ratio of 13%.  With Sellers already making about an 8% adjustment in pricing since last year, the pressure is still on for downward pricing.

 

 

 

Listings per Status

 

 

 

Area Market Survey

 

 

 
Listings as of 02/23/09 at 8:39pm

Active
Listing Price Range  Quantity      Average DOM  
$100,000 thru $119,999 1 69  
$140,000 thru $159,999 2 144  
$160,000 thru $179,999 1 52  
$180,000 thru $199,999 5 135  
$200,000 thru $249,999 12 172  
$250,000 thru $299,999 30 165  
$300,000 thru $349,999 35 171  
$350,000 thru $399,999 43 176  
$400,000 thru $449,999 24 214  
$450,000 thru $499,999 28 174  
$500,000 thru $549,999 14 217  
$550,000 thru $599,999 34 215  
$600,000 thru $649,999 12 198  
$650,000 thru $699,999 32 139  
$700,000 thru $749,999 7 185  
$750,000 thru $799,999 15 146  
$800,000 thru $849,999 7 139  
$850,000 thru $899,999 9 233  
$900,000 thru $949,999 3 290  
$950,000 thru $999,999 15 241  
$1,000,000 thru $1,249,999 14 213  
$1,250,000 thru $1,499,999 17 219  
$1,500,000 thru $1,749,999 7 211  
$1,750,000 thru $1,999,999 4 415  
$2,000,000 thru $2,249,999 3 253  
$2,250,000 thru $2,499,999 5 140  
$2,500,000 thru $2,749,999 4 115  
$2,750,000 thru $2,999,999 1 24  
$3,000,000 thru $3,249,999 1 165  
$3,250,000 thru $3,499,999 1 270  
$3,500,000 thru $3,749,999 1 257  
$3,750,000 thru $3,999,999 1 4  
$4,750,000 thru $4,999,999 1 67  
$5,000,000 thru $5,999,999 1 209  
$6,000,000 thru $6,999,999 1 958  
$7,000,000 thru $7,999,999 1 276  
  392 189  
 
Summary Price Information
Minimum  $100,000 Maximum  $7,560,000
Average  $762,244 Median  $554,950
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 02/23/09 at 8:39pm

Pending
Listing Price Range  Quantity      Average DOM  
$160,000 thru $179,999 2 172  
$180,000 thru $199,999 1 54  
$200,000 thru $249,999 6 80  
$250,000 thru $299,999 8 119  
$300,000 thru $349,999 10 119  
$350,000 thru $399,999 2 350  
$400,000 thru $449,999 5 355  
$450,000 thru $499,999 2 189  
$500,000 thru $549,999 2 776  
$550,000 thru $599,999 1 198  
$600,000 thru $649,999 2 301  
$650,000 thru $699,999 3 137  
$750,000 thru $799,999 1 126  
$850,000 thru $899,999 1 280  
$1,250,000 thru $1,499,999 1 144  
$1,500,000 thru $1,749,999 1 188  
  48 195  
 
Summary Price Information
Minimum  $160,000 Maximum  $1,575,000
Average  $429,951 Median  $332,000

Sold
Selling Price Range  Quantity      Average DOM  
$140,000 thru $159,999 2 60  
$160,000 thru $179,999 1 173  
$180,000 thru $199,999 3 81  
$200,000 thru $249,999 3 110  
$250,000 thru $299,999 7 124  
$300,000 thru $349,999 5 147  
$350,000 thru $399,999 4 105  
$400,000 thru $449,999 5 186  
$450,000 thru $499,999 2 76  
$500,000 thru $549,999 2 237  
$550,000 thru $599,999 1 234  
$750,000 thru $799,999 1 78  
$800,000 thru $849,999 1 337  
$900,000 thru $949,999 1 239  
$1,250,000 thru $1,499,999 1 229  
  39 143  
 
Summary Price Information
Minimum  $145,000 Maximum  $1,275,000
Average  $387,456 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.

Written by admin · Filed Under Weekly Statistics for CA 
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