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CA Weekly Market Update

January 19, 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 number of Active Listings is on the rise with an additional 17 new listings since last week for a total of 396.  The number of Pending Sales has remained the same at 47 to give us a ratio of 10.6%.  This ratio is down since last week with the increase of Active Listings.  Last year at this time we had 384 Active listings and 36 Pending sales for a ratio of 8.6%.  You would think the market is more active but the extended period of time for Short Sales can scew that result.  If we continue this trend, then the buyers will not only find lower values but more selection as well.  Check out the selection in the $650 to $700 price band.  With only 2 Pending sales, there has to be some values available there!

Listings per Status

 

Listings per Status
 

 

Area Market Survey

 

 

 

 

 
Listings as of 01/19/09 at 8:10am

Active
Listing Price Range  Quantity      Average DOM  
$100,000 thru $119,999 1 34  
$160,000 thru $179,999 2 146  
$180,000 thru $199,999 5 62  
$200,000 thru $249,999 14 111  
$250,000 thru $299,999 31 151  
$300,000 thru $349,999 40 172  
$350,000 thru $399,999 44 132  
$400,000 thru $449,999 27 222  
$450,000 thru $499,999 23 204  
$500,000 thru $549,999 20 224  
$550,000 thru $599,999 29 213  
$600,000 thru $649,999 12 200  
$650,000 thru $699,999 32 128  
$700,000 thru $749,999 7 98  
$750,000 thru $799,999 10 216  
$800,000 thru $849,999 11 162  
$850,000 thru $899,999 11 136  
$900,000 thru $949,999 4 235  
$950,000 thru $999,999 11 248  
$1,000,000 thru $1,249,999 18 185  
$1,250,000 thru $1,499,999 15 225  
$1,500,000 thru $1,749,999 8 188  
$1,750,000 thru $1,999,999 4 380  
$2,000,000 thru $2,249,999 2 333  
$2,250,000 thru $2,499,999 4 113  
$2,500,000 thru $2,749,999 4 103  
$3,000,000 thru $3,249,999 1 130  
$3,250,000 thru $3,499,999 1 238  
$3,750,000 thru $3,999,999 1 222  
$4,750,000 thru $4,999,999 1 32  
$5,000,000 thru $5,999,999 1 174  
$7,000,000 thru $7,999,999 2 582  
  396 178  
 
Summary Price Information
Minimum  $100,000 Maximum  $7,950,000
Average  $736,271 Median  $534,500
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.

Area Market Survey

 

 

 

 

 
Listings as of 01/19/09 at 8:10am

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 203  
$160,000 thru $179,999 2 103  
$180,000 thru $199,999 1 19  
$200,000 thru $249,999 4 73  
$250,000 thru $299,999 6 175  
$300,000 thru $349,999 5 108  
$350,000 thru $399,999 8 159  
$400,000 thru $449,999 5 263  
$450,000 thru $499,999 1 54  
$500,000 thru $549,999 4 479  
$550,000 thru $599,999 1 163  
$600,000 thru $649,999 2 266  
$650,000 thru $699,999 2 120  
$800,000 thru $849,999 2 190  
$850,000 thru $899,999 1 245  
$1,000,000 thru $1,249,999 1 81  
$1,250,000 thru $1,499,999 1 111  
  47 183  
 
Summary Price Information
Minimum  $155,000 Maximum  $1,295,000
Average  $443,530 Median  $378,900
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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