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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 trend.
The buyer activity has flattenned and it’s time to change the tire. This could be the result of the accelerated buyer activity due to the tax credit deadline. To track the most current buyer activity on the market, I like to use the Market Activity Ratio. This is the relationship between Active listings and Pending sales. This past week we did see the Market Activity Ratio decrease from 17.9% to 16.7%. This is the result of the Active Listings increasing by 19 as the Pending sales decreased by 4. The inventory is building up and outpacing sales. It is interesting to note that there are now 15 Pending Bank Owned properties and 46 Short Sales. The distress sales now represent 63.5% of the Pending sales.
This past week there were 12 new sales for a YTD of 246 sales. Most of the sales occurred below $360,000 and five above $500,000. The high end sales were $536,500 in the Tahoe Keys, $575,000 in Montgomery Estates, $875,000 on Uplands with a lakeview, $930,000 in the Tahoe Keys and $1,000,000 on Lakeview with a lake view. This increased the 6 month average sales price by 1.7% to $404,234. The average days on market for these sales is 147 days.
| Listings per Status |
%20Status_Pie.series(Active,479;%20Pending,96;%20Sold,258;Other,0)total.setText(Total:%20833)@_GIF) |
| |
Area Market Survey
|
| Listings as of 06/25/10 at 9:00am |
| Active |
| Listing Price Range |
Quantity |
Average DOM |
|
| $70,000 thru $79,999 |
1 |
7 |
|
| $80,000 thru $89,999 |
3 |
121 |
|
| $90,000 thru $99,999 |
1 |
58 |
|
| $100,000 thru $119,999 |
1 |
63 |
|
| $120,000 thru $139,999 |
2 |
413 |
|
| $140,000 thru $159,999 |
9 |
67 |
|
| $160,000 thru $179,999 |
10 |
78 |
|
| $180,000 thru $199,999 |
11 |
217 |
|
| $200,000 thru $249,999 |
31 |
151 |
|
| $250,000 thru $299,999 |
78 |
136 |
|
| $300,000 thru $349,999 |
52 |
122 |
|
| $350,000 thru $399,999 |
43 |
143 |
|
| $400,000 thru $449,999 |
22 |
163 |
|
| $450,000 thru $499,999 |
38 |
206 |
|
| $500,000 thru $549,999 |
20 |
125 |
|
| $550,000 thru $599,999 |
31 |
159 |
|
| $600,000 thru $649,999 |
13 |
173 |
|
| $650,000 thru $699,999 |
17 |
129 |
|
| $700,000 thru $749,999 |
10 |
200 |
|
| $750,000 thru $799,999 |
14 |
137 |
|
| $800,000 thru $849,999 |
4 |
269 |
|
| $850,000 thru $899,999 |
5 |
307 |
|
| $900,000 thru $949,999 |
4 |
280 |
|
| $950,000 thru $999,999 |
7 |
158 |
|
| $1,000,000 thru $1,249,999 |
13 |
229 |
|
| $1,250,000 thru $1,499,999 |
10 |
117 |
|
| $1,500,000 thru $1,749,999 |
3 |
304 |
|
| $1,750,000 thru $1,999,999 |
8 |
314 |
|
| $2,000,000 thru $2,249,999 |
4 |
70 |
|
| $2,250,000 thru $2,499,999 |
4 |
309 |
|
| $2,500,000 thru $2,749,999 |
2 |
106 |
|
| $3,250,000 thru $3,499,999 |
1 |
7 |
|
| $3,500,000 thru $3,749,999 |
1 |
15 |
|
| $3,750,000 thru $3,999,999 |
1 |
59 |
|
| $4,000,000 thru $4,249,999 |
2 |
149 |
|
| $4,250,000 thru $4,499,999 |
1 |
696 |
|
| $4,750,000 thru $4,999,999 |
1 |
1444 |
|
| $10,000,000 or more |
1 |
190 |
|
| |
479 |
161 |
|
|
| |
| Summary Price Information |
| Minimum |
$75,000 |
Maximum |
$12,900,000 |
| Average |
$617,969 |
Median |
$399,500 |
|
| 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 ©2010 Rapattoni Corporation. All rights reserved. |
Area Market Survey
|
| Listings as of 06/25/10 at 9:00am |
| Pending |
| Listing Price Range |
Quantity |
Average DOM |
|
| $90,000 thru $99,999 |
1 |
126 |
|
| $140,000 thru $159,999 |
4 |
45 |
|
| $160,000 thru $179,999 |
5 |
131 |
|
| $180,000 thru $199,999 |
7 |
185 |
|
| $200,000 thru $249,999 |
9 |
151 |
|
| $250,000 thru $299,999 |
22 |
242 |
|
| $300,000 thru $349,999 |
13 |
146 |
|
| $350,000 thru $399,999 |
10 |
190 |
|
| $400,000 thru $449,999 |
4 |
85 |
|
| $450,000 thru $499,999 |
5 |
88 |
|
| $500,000 thru $549,999 |
3 |
225 |
|
| $550,000 thru $599,999 |
3 |
307 |
|
| $600,000 thru $649,999 |
3 |
396 |
|
| $700,000 thru $749,999 |
2 |
251 |
|
| $750,000 thru $799,999 |
3 |
426 |
|
| $950,000 thru $999,999 |
1 |
777 |
|
| $1,250,000 thru $1,499,999 |
1 |
427 |
|
| |
96 |
201 |
|
|
| |
| Summary Price Information |
| Minimum |
$99,000 |
Maximum |
$1,488,000 |
| Average |
$363,296 |
Median |
$304,000 |
|
| Sold |
| Selling Price Range |
Quantity |
Average DOM |
|
| $60,000 thru $69,999 |
1 |
77 |
|
| $70,000 thru $79,999 |
1 |
82 |
|
| $100,000 thru $119,999 |
1 |
38 |
|
| $120,000 thru $139,999 |
5 |
125 |
|
| $140,000 thru $159,999 |
11 |
69 |
|
| $160,000 thru $179,999 |
12 |
134 |
|
| $180,000 thru $199,999 |
12 |
119 |
|
| $200,000 thru $249,999 |
38 |
106 |
|
| $250,000 thru $299,999 |
36 |
132 |
|
| $300,000 thru $349,999 |
27 |
160 |
|
| $350,000 thru $399,999 |
26 |
154 |
|
| $400,000 thru $449,999 |
13 |
196 |
|
| $450,000 thru $499,999 |
15 |
146 |
|
| $500,000 thru $549,999 |
10 |
113 |
|
| $550,000 thru $599,999 |
10 |
207 |
|
| $600,000 thru $649,999 |
5 |
158 |
|
| $650,000 thru $699,999 |
8 |
83 |
|
| $700,000 thru $749,999 |
6 |
195 |
|
| $750,000 thru $799,999 |
5 |
326 |
|
| $800,000 thru $849,999 |
1 |
393 |
|
| $850,000 thru $899,999 |
2 |
277 |
|
| $900,000 thru $949,999 |
5 |
254 |
|
| $950,000 thru $999,999 |
1 |
0 |
|
| $1,000,000 thru $1,249,999 |
4 |
269 |
|
| $1,250,000 thru $1,499,999 |
1 |
277 |
|
| $3,000,000 thru $3,249,999 |
1 |
117 |
|
| $3,500,000 thru $3,749,999 |
1 |
244 |
|
| |
258 |
147 |
|
|
| |
| Summary Price Information |
| Minimum |
$67,000 |
Maximum |
$3,525,000 |
| Average |
$404,234 |
Median |
$317,000 |
|
| 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 ©2010 Rapattoni Corporation. All rights reserved. |
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 trend.
There has been a noticeable slow down in Buyer activity this past week. To track the most current buyer activity, I use the Market Activity Ration which is the relationship between Active listings and Pending sales. This past week we did see the Market Activity Ratio decrease from 20.1% to 17.9%. This is the result of the Active listings increasing by 20 as the Pending sales decreased by 11. The number of Pending Bank Owned properties is 16 and the Short Sales is 48 for a total of 64 pending distress sales. The Distress sales now represent 60% of the Pending sales which is up from 57.7% the previous week.
This past week there were 17 new sales for a YTD of 234 sales. The majority of these sales did occurr below $269,000 with 5 sales above that in the amounts of $418,000, $479,000, $735,000, $750,000 and $912,500. The higher of the three were homes located at Uplands Way, Venice Dr and Wedeln Ct respectively. This decreased the 6 month Average Sales price by 2.2% to $397,597. The average days on market for these sales is 151 days.
| Listings per Status |
%20Status_Pie.series(Active,460;%20Pending,100;%20Sold,266;Other,0)total.setText(Total:%20826)@_GIF) |
Area Market Survey
|
| Listings as of 06/18/10 at 8:55am |
| Active |
| Listing Price Range |
Quantity |
Average DOM |
|
| $80,000 thru $89,999 |
2 |
170 |
|
| $90,000 thru $99,999 |
1 |
51 |
|
| $100,000 thru $119,999 |
1 |
56 |
|
| $120,000 thru $139,999 |
2 |
406 |
|
| $140,000 thru $159,999 |
7 |
72 |
|
| $160,000 thru $179,999 |
12 |
71 |
|
| $180,000 thru $199,999 |
14 |
187 |
|
| $200,000 thru $249,999 |
29 |
149 |
|
| $250,000 thru $299,999 |
75 |
138 |
|
| $300,000 thru $349,999 |
47 |
126 |
|
| $350,000 thru $399,999 |
46 |
133 |
|
| $400,000 thru $449,999 |
19 |
179 |
|
| $450,000 thru $499,999 |
39 |
197 |
|
| $500,000 thru $549,999 |
20 |
118 |
|
| $550,000 thru $599,999 |
29 |
185 |
|
| $600,000 thru $649,999 |
12 |
180 |
|
| $650,000 thru $699,999 |
16 |
130 |
|
| $700,000 thru $749,999 |
10 |
193 |
|
| $750,000 thru $799,999 |
12 |
148 |
|
| $800,000 thru $849,999 |
5 |
221 |
|
| $850,000 thru $899,999 |
5 |
300 |
|
| $900,000 thru $949,999 |
3 |
365 |
|
| $950,000 thru $999,999 |
6 |
144 |
|
| $1,000,000 thru $1,249,999 |
12 |
256 |
|
| $1,250,000 thru $1,499,999 |
8 |
138 |
|
| $1,500,000 thru $1,749,999 |
3 |
297 |
|
| $1,750,000 thru $1,999,999 |
8 |
307 |
|
| $2,000,000 thru $2,249,999 |
4 |
63 |
|
| $2,250,000 thru $2,499,999 |
4 |
302 |
|
| $2,500,000 thru $2,749,999 |
2 |
99 |
|
| $3,500,000 thru $3,749,999 |
1 |
8 |
|
| $3,750,000 thru $3,999,999 |
1 |
52 |
|
| $4,000,000 thru $4,249,999 |
2 |
142 |
|
| $4,250,000 thru $4,499,999 |
1 |
689 |
|
| $4,750,000 thru $4,999,999 |
1 |
1437 |
|
| $10,000,000 or more |
1 |
183 |
|
| |
460 |
163 |
|
|
| |
| Summary Price Information |
| Minimum |
$89,000 |
Maximum |
$12,900,000 |
| Average |
$612,513 |
Median |
$399,000 |
|
| 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 ©2010 Rapattoni Corporation. All rights reserved. |
Area Market Survey
|
| Listings as of 06/18/10 at 8:55am |
| Pending |
| Listing Price Range |
Quantity |
Average DOM |
|
| $90,000 thru $99,999 |
1 |
119 |
|
| $120,000 thru $139,999 |
1 |
38 |
|
| $140,000 thru $159,999 |
5 |
45 |
|
| $160,000 thru $179,999 |
3 |
207 |
|
| $180,000 thru $199,999 |
5 |
188 |
|
| $200,000 thru $249,999 |
12 |
135 |
|
| $250,000 thru $299,999 |
22 |
237 |
|
| $300,000 thru $349,999 |
13 |
149 |
|
| $350,000 thru $399,999 |
10 |
175 |
|
| $400,000 thru $449,999 |
4 |
78 |
|
| $450,000 thru $499,999 |
4 |
76 |
|
| $500,000 thru $549,999 |
4 |
172 |
|
| $550,000 thru $599,999 |
3 |
279 |
|
| $600,000 thru $649,999 |
3 |
389 |
|
| $700,000 thru $749,999 |
2 |
244 |
|
| $750,000 thru $799,999 |
3 |
419 |
|
| $900,000 thru $949,999 |
1 |
108 |
|
| $950,000 thru $999,999 |
2 |
403 |
|
| $1,000,000 thru $1,249,999 |
1 |
183 |
|
| $1,250,000 thru $1,499,999 |
1 |
420 |
|
| |
100 |
190 |
|
|
| |
| Summary Price Information |
| Minimum |
$99,000 |
Maximum |
$1,488,000 |
| Average |
$382,077 |
Median |
$314,500 |
|
| Sold |
| Selling Price Range |
Quantity |
Average DOM |
|
| $60,000 thru $69,999 |
1 |
77 |
|
| $70,000 thru $79,999 |
1 |
82 |
|
| $80,000 thru $89,999 |
1 |
169 |
|
| $100,000 thru $119,999 |
1 |
38 |
|
| $120,000 thru $139,999 |
3 |
169 |
|
| $140,000 thru $159,999 |
11 |
69 |
|
| $160,000 thru $179,999 |
13 |
128 |
|
| $180,000 thru $199,999 |
12 |
122 |
|
| $200,000 thru $249,999 |
43 |
106 |
|
| $250,000 thru $299,999 |
38 |
129 |
|
| $300,000 thru $349,999 |
27 |
156 |
|
| $350,000 thru $399,999 |
26 |
186 |
|
| $400,000 thru $449,999 |
13 |
196 |
|
| $450,000 thru $499,999 |
17 |
151 |
|
| $500,000 thru $549,999 |
9 |
121 |
|
| $550,000 thru $599,999 |
10 |
215 |
|
| $600,000 thru $649,999 |
6 |
232 |
|
| $650,000 thru $699,999 |
9 |
95 |
|
| $700,000 thru $749,999 |
6 |
195 |
|
| $750,000 thru $799,999 |
5 |
326 |
|
| $800,000 thru $849,999 |
1 |
393 |
|
| $850,000 thru $899,999 |
1 |
439 |
|
| $900,000 thru $949,999 |
4 |
308 |
|
| $950,000 thru $999,999 |
2 |
1 |
|
| $1,000,000 thru $1,249,999 |
3 |
296 |
|
| $1,250,000 thru $1,499,999 |
1 |
277 |
|
| $3,000,000 thru $3,249,999 |
1 |
117 |
|
| $3,500,000 thru $3,749,999 |
1 |
244 |
|
| |
266 |
151 |
|
|
| |
| Summary Price Information |
| Minimum |
$67,000 |
Maximum |
$3,525,000 |
| Average |
$397,597 |
Median |
$313,750 |
|
| 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 ©2010 Rapattoni Corporation. All rights reserved. |
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 trend.
Buyer Activity is being outpaced by rising inventories! To track the most current Buyer activity, I use the Marke Activity Ratio which is the relationship between Active listings and Pending Sales. This past week, we saw the Active listings increase by 22 as the Pending sales decreased by 4. It is interesting to note that the number of bank owned properties Pending is 16 and the number of Short Sales pending is 48 for a total of 64 Pending sales. This now represents 57.7% which is the lowest percentage in almost a year.
This past week there were 10 new sales for a YTD of 217 sales. The majority of the sales occurred below $317,000 while there were sales prices above that for $495,000 on Lake Tahoe Blvd, $575,000 on Gilmore Lake Rd, $735,000 on High Meadow Tr, and $999,000 Lupine Tr. The Average Days on Market for these sales is 152 days.
| Listings per Status |
%20Status_Pie.series(Active,440;%20Pending,111;%20Sold,255;Other,0)total.setText(Total:%20806)@_GIF) |
Area Market Survey
|
| Listings as of 06/11/10 at 8:08am |
| Active |
| Listing Price Range |
Quantity |
Average DOM |
|
| $80,000 thru $89,999 |
2 |
163 |
|
| $90,000 thru $99,999 |
1 |
44 |
|
| $100,000 thru $119,999 |
1 |
49 |
|
| $120,000 thru $139,999 |
2 |
399 |
|
| $140,000 thru $159,999 |
8 |
97 |
|
| $160,000 thru $179,999 |
9 |
79 |
|
| $180,000 thru $199,999 |
13 |
196 |
|
| $200,000 thru $249,999 |
28 |
153 |
|
| $250,000 thru $299,999 |
69 |
142 |
|
| $300,000 thru $349,999 |
44 |
132 |
|
| $350,000 thru $399,999 |
43 |
134 |
|
| $400,000 thru $449,999 |
20 |
165 |
|
| $450,000 thru $499,999 |
41 |
187 |
|
| $500,000 thru $549,999 |
18 |
122 |
|
| $550,000 thru $599,999 |
27 |
213 |
|
| $600,000 thru $649,999 |
13 |
196 |
|
| $650,000 thru $699,999 |
14 |
146 |
|
| $700,000 thru $749,999 |
8 |
228 |
|
| $750,000 thru $799,999 |
12 |
132 |
|
| $800,000 thru $849,999 |
5 |
214 |
|
| $850,000 thru $899,999 |
5 |
293 |
|
| $900,000 thru $949,999 |
3 |
358 |
|
| $950,000 thru $999,999 |
6 |
137 |
|
| $1,000,000 thru $1,249,999 |
12 |
249 |
|
| $1,250,000 thru $1,499,999 |
7 |
110 |
|
| $1,500,000 thru $1,749,999 |
4 |
287 |
|
| $1,750,000 thru $1,999,999 |
8 |
300 |
|
| $2,000,000 thru $2,249,999 |
4 |
56 |
|
| $2,250,000 thru $2,499,999 |
4 |
295 |
|
| $2,500,000 thru $2,749,999 |
2 |
92 |
|
| $3,500,000 thru $3,749,999 |
1 |
1 |
|
| $3,750,000 thru $3,999,999 |
1 |
45 |
|
| $4,000,000 thru $4,249,999 |
2 |
135 |
|
| $4,250,000 thru $4,499,999 |
1 |
682 |
|
| $4,750,000 thru $4,999,999 |
1 |
1430 |
|
| $10,000,000 or more |
1 |
176 |
|
| |
440 |
168 |
|
|
| |
| Summary Price Information |
| Minimum |
$89,000 |
Maximum |
$12,900,000 |
| Average |
$622,887 |
Median |
$404,450 |
|
| 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 ©2010 Rapattoni Corporation. All rights reserved. |
Area Market Survey
|
| Listings as of 06/11/10 at 8:08am |
| Pending |
| Listing Price Range |
Quantity |
Average DOM |
|
| $90,000 thru $99,999 |
1 |
112 |
|
| $120,000 thru $139,999 |
2 |
81 |
|
| $140,000 thru $159,999 |
6 |
38 |
|
| $160,000 thru $179,999 |
4 |
192 |
|
| $180,000 thru $199,999 |
7 |
149 |
|
| $200,000 thru $249,999 |
16 |
143 |
|
| $250,000 thru $299,999 |
23 |
217 |
|
| $300,000 thru $349,999 |
12 |
142 |
|
| $350,000 thru $399,999 |
11 |
161 |
|
| $400,000 thru $449,999 |
4 |
78 |
|
| $450,000 thru $499,999 |
4 |
68 |
|
| $500,000 thru $549,999 |
4 |
165 |
|
| $550,000 thru $599,999 |
2 |
60 |
|
| $600,000 thru $649,999 |
2 |
333 |
|
| $650,000 thru $699,999 |
1 |
81 |
|
| $700,000 thru $749,999 |
3 |
267 |
|
| $750,000 thru $799,999 |
2 |
603 |
|
| $850,000 thru $899,999 |
1 |
178 |
|
| $900,000 thru $949,999 |
1 |
101 |
|
| $950,000 thru $999,999 |
3 |
308 |
|
| $1,000,000 thru $1,249,999 |
1 |
176 |
|
| $1,250,000 thru $1,499,999 |
1 |
413 |
|
| |
111 |
171 |
|
|
| |
| Summary Price Information |
| Minimum |
$99,000 |
Maximum |
$1,488,000 |
| Average |
$375,286 |
Median |
$299,000 |
|
| Sold |
| Selling Price Range |
Quantity |
Average DOM |
|
| $60,000 thru $69,999 |
1 |
77 |
|
| $70,000 thru $79,999 |
1 |
82 |
|
| $80,000 thru $89,999 |
1 |
169 |
|
| $100,000 thru $119,999 |
1 |
38 |
|
| $120,000 thru $139,999 |
2 |
187 |
|
| $140,000 thru $159,999 |
10 |
72 |
|
| $160,000 thru $179,999 |
10 |
126 |
|
| $180,000 thru $199,999 |
11 |
125 |
|
| $200,000 thru $249,999 |
40 |
102 |
|
| $250,000 thru $299,999 |
38 |
131 |
|
| $300,000 thru $349,999 |
27 |
156 |
|
| $350,000 thru $399,999 |
26 |
186 |
|
| $400,000 thru $449,999 |
12 |
210 |
|
| $450,000 thru $499,999 |
16 |
158 |
|
| $500,000 thru $549,999 |
9 |
121 |
|
| $550,000 thru $599,999 |
10 |
215 |
|
| $600,000 thru $649,999 |
7 |
232 |
|
| $650,000 thru $699,999 |
10 |
88 |
|
| $700,000 thru $749,999 |
5 |
167 |
|
| $750,000 thru $799,999 |
4 |
362 |
|
| $800,000 thru $849,999 |
1 |
393 |
|
| $850,000 thru $899,999 |
1 |
439 |
|
| $900,000 thru $949,999 |
3 |
365 |
|
| $950,000 thru $999,999 |
2 |
1 |
|
| $1,000,000 thru $1,249,999 |
3 |
296 |
|
| $1,250,000 thru $1,499,999 |
1 |
277 |
|
| $1,500,000 thru $1,749,999 |
1 |
0 |
|
| $3,000,000 thru $3,249,999 |
1 |
117 |
|
| $3,500,000 thru $3,749,999 |
1 |
244 |
|
| |
255 |
152 |
|
|
| |
| Summary Price Information |
| Minimum |
$67,000 |
Maximum |
$3,525,000 |
| Average |
$406,502 |
Median |
$317,000 |
|
| 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 ©2010 Rapattoni Corporation. All rights reserved. |
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.
Buyer activity is remaining consistent! To track the most current buyer activity, I like to use the Market Activity Ratio which is the relationship between Active listings and Pending sales. This past week we saw the Market Activity Ratio decrease slightly from 21.8% to 21.6% which is the result of the Active listings increasing by 10 and the Pending sales increasing by 1. It’s interesting to note that the Pending REO is at 17 and the Pending Short Sales is at 50 for a total of 67 pending sales. These distress sales now represents 58.3% of pending sales which was higher a week ago at 60.5%.
This past week there were 8 new sales for a YTD of 207 sales. The majority of these sales occurred below $375,000 with 2 sales above that at $575,000 each. This did decrease the 6 month average by 1.1% to $401,308. The Average days on market for these sales is at 152 days.
| Listings per Status |
%20Status_Pie.series(Active,418;%20Pending,115;%20Sold,255;Other,0)total.setText(Total:%20788)@_GIF) |
Area Market Survey
|
| Listings as of 06/04/10 at 11:41am |
| Active |
| Listing Price Range |
Quantity |
Average DOM |
|
| $80,000 thru $89,999 |
2 |
156 |
|
| $90,000 thru $99,999 |
1 |
37 |
|
| $100,000 thru $119,999 |
1 |
42 |
|
| $120,000 thru $139,999 |
2 |
392 |
|
| $140,000 thru $159,999 |
6 |
115 |
|
| $160,000 thru $179,999 |
9 |
76 |
|
| $180,000 thru $199,999 |
12 |
187 |
|
| $200,000 thru $249,999 |
24 |
158 |
|
| $250,000 thru $299,999 |
65 |
140 |
|
| $300,000 thru $349,999 |
43 |
151 |
|
| $350,000 thru $399,999 |
42 |
147 |
|
| $400,000 thru $449,999 |
16 |
171 |
|
| $450,000 thru $499,999 |
38 |
191 |
|
| $500,000 thru $549,999 |
19 |
129 |
|
| $550,000 thru $599,999 |
30 |
216 |
|
| $600,000 thru $649,999 |
10 |
179 |
|
| $650,000 thru $699,999 |
14 |
145 |
|
| $700,000 thru $749,999 |
8 |
218 |
|
| $750,000 thru $799,999 |
11 |
148 |
|
| $800,000 thru $849,999 |
5 |
207 |
|
| $850,000 thru $899,999 |
5 |
286 |
|
| $900,000 thru $949,999 |
3 |
351 |
|
| $950,000 thru $999,999 |
6 |
130 |
|
| $1,000,000 thru $1,249,999 |
11 |
265 |
|
| $1,250,000 thru $1,499,999 |
7 |
103 |
|
| $1,500,000 thru $1,749,999 |
4 |
280 |
|
| $1,750,000 thru $1,999,999 |
8 |
293 |
|
| $2,000,000 thru $2,249,999 |
4 |
49 |
|
| $2,250,000 thru $2,499,999 |
4 |
288 |
|
| $2,500,000 thru $2,749,999 |
2 |
85 |
|
| $3,750,000 thru $3,999,999 |
1 |
38 |
|
| $4,000,000 thru $4,249,999 |
2 |
128 |
|
| $4,250,000 thru $4,499,999 |
1 |
675 |
|
| $4,750,000 thru $4,999,999 |
1 |
1423 |
|
| $10,000,000 or more |
1 |
169 |
|
| |
418 |
172 |
|
|
| |
| Summary Price Information |
| Minimum |
$89,000 |
Maximum |
$12,900,000 |
| Average |
$627,860 |
Median |
$417,000 |
|
| 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 ©2010 Rapattoni Corporation. All rights reserved. |
Area Market Survey
|
| Listings as of 06/04/10 at 11:41am |
| Pending |
| Listing Price Range |
Quantity |
Average DOM |
|
| $90,000 thru $99,999 |
1 |
105 |
|
| $120,000 thru $139,999 |
2 |
74 |
|
| $140,000 thru $159,999 |
7 |
50 |
|
| $160,000 thru $179,999 |
4 |
186 |
|
| $180,000 thru $199,999 |
8 |
191 |
|
| $200,000 thru $249,999 |
17 |
154 |
|
| $250,000 thru $299,999 |
22 |
215 |
|
| $300,000 thru $349,999 |
13 |
132 |
|
| $350,000 thru $399,999 |
11 |
179 |
|
| $400,000 thru $449,999 |
4 |
71 |
|
| $450,000 thru $499,999 |
2 |
46 |
|
| $500,000 thru $549,999 |
5 |
210 |
|
| $550,000 thru $599,999 |
2 |
53 |
|
| $600,000 thru $649,999 |
2 |
326 |
|
| $700,000 thru $749,999 |
4 |
237 |
|
| $750,000 thru $799,999 |
4 |
368 |
|
| $850,000 thru $899,999 |
1 |
171 |
|
| $900,000 thru $949,999 |
1 |
94 |
|
| $950,000 thru $999,999 |
3 |
301 |
|
| $1,000,000 thru $1,249,999 |
1 |
169 |
|
| $1,250,000 thru $1,499,999 |
1 |
406 |
|
| |
115 |
176 |
|
|
| |
| Summary Price Information |
| Minimum |
$99,000 |
Maximum |
$1,488,000 |
| Average |
$377,974 |
Median |
$298,000 |
|
| Sold |
| Selling Price Range |
Quantity |
Average DOM |
|
| $60,000 thru $69,999 |
1 |
77 |
|
| $70,000 thru $79,999 |
1 |
82 |
|
| $80,000 thru $89,999 |
2 |
106 |
|
| $100,000 thru $119,999 |
1 |
38 |
|
| $120,000 thru $139,999 |
1 |
213 |
|
| $140,000 thru $159,999 |
10 |
72 |
|
| $160,000 thru $179,999 |
11 |
119 |
|
| $180,000 thru $199,999 |
9 |
106 |
|
| $200,000 thru $249,999 |
40 |
102 |
|
| $250,000 thru $299,999 |
37 |
132 |
|
| $300,000 thru $349,999 |
27 |
163 |
|
| $350,000 thru $399,999 |
27 |
180 |
|
| $400,000 thru $449,999 |
14 |
250 |
|
| $450,000 thru $499,999 |
15 |
141 |
|
| $500,000 thru $549,999 |
9 |
121 |
|
| $550,000 thru $599,999 |
11 |
203 |
|
| $600,000 thru $649,999 |
7 |
232 |
|
| $650,000 thru $699,999 |
10 |
88 |
|
| $700,000 thru $749,999 |
5 |
141 |
|
| $750,000 thru $799,999 |
4 |
362 |
|
| $800,000 thru $849,999 |
1 |
393 |
|
| $850,000 thru $899,999 |
1 |
439 |
|
| $900,000 thru $949,999 |
3 |
365 |
|
| $950,000 thru $999,999 |
1 |
1 |
|
| $1,000,000 thru $1,249,999 |
3 |
296 |
|
| $1,250,000 thru $1,499,999 |
1 |
277 |
|
| $1,500,000 thru $1,749,999 |
1 |
0 |
|
| $3,000,000 thru $3,249,999 |
1 |
117 |
|
| $3,500,000 thru $3,749,999 |
1 |
244 |
|
| |
255 |
152 |
|
|
| |
| Summary Price Information |
| Minimum |
$67,000 |
Maximum |
$3,525,000 |
| Average |
$405,734 |
Median |
$325,000 |
|
| 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 ©2010 Rapattoni Corporation. All rights reserved |
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 snowy weather must have had a cooling effect. To track the most current Buyer Market activity in the market, I use the Market Activity Ratio which is the relationship between Active Listings and Pending Sales. This past week we saw the Market Activity Ratio decrease from 22.2% to 21.8%. This is the result of the Active Listings increasing by 5 as the Pending Sales decreased by 1. It’s interesting to note that the number of Pending Short Sales is now 51 and the number of Pending Bank Owned is 18 for a total of 69 which represents 60.5% of the Pending Sales. The Distress sales continue to impact our market and we could be seeing the begining of the inventory building up for summer as it out paces sales.
This past week we did see 8 new sales for a YTD of 199 sales. Most of these sales were below $400,000. There were 3 sales above that at $453,000, $712,000 and $925,000. This did decrease the 6 month average sales prices by .5% to $401,308.
| Listings per Status |
%20Status_Pie.series(Active,408;%20Pending,114;%20Sold,267;Other,0)total.setText(Total:%20789)@_GIF) |
Area Market Survey
|
| Listings as of 05/28/10 at 9:13am |
| Active |
| Listing Price Range |
Quantity |
Average DOM |
|
| $80,000 thru $89,999 |
1 |
4 |
|
| $90,000 thru $99,999 |
2 |
162 |
|
| $100,000 thru $119,999 |
1 |
35 |
|
| $120,000 thru $139,999 |
2 |
386 |
|
| $140,000 thru $159,999 |
8 |
89 |
|
| $160,000 thru $179,999 |
9 |
69 |
|
| $180,000 thru $199,999 |
12 |
180 |
|
| $200,000 thru $249,999 |
22 |
168 |
|
| $250,000 thru $299,999 |
60 |
147 |
|
| $300,000 thru $349,999 |
44 |
146 |
|
| $350,000 thru $399,999 |
38 |
163 |
|
| $400,000 thru $449,999 |
19 |
163 |
|
| $450,000 thru $499,999 |
36 |
199 |
|
| $500,000 thru $549,999 |
21 |
130 |
|
| $550,000 thru $599,999 |
30 |
201 |
|
| $600,000 thru $649,999 |
10 |
172 |
|
| $650,000 thru $699,999 |
11 |
166 |
|
| $700,000 thru $749,999 |
11 |
211 |
|
| $750,000 thru $799,999 |
11 |
141 |
|
| $800,000 thru $849,999 |
4 |
252 |
|
| $850,000 thru $899,999 |
4 |
350 |
|
| $900,000 thru $949,999 |
3 |
344 |
|
| $950,000 thru $999,999 |
6 |
123 |
|
| $1,000,000 thru $1,249,999 |
10 |
283 |
|
| $1,250,000 thru $1,499,999 |
6 |
96 |
|
| $1,500,000 thru $1,749,999 |
5 |
238 |
|
| $1,750,000 thru $1,999,999 |
7 |
327 |
|
| $2,000,000 thru $2,249,999 |
3 |
57 |
|
| $2,250,000 thru $2,499,999 |
4 |
281 |
|
| $2,500,000 thru $2,749,999 |
2 |
78 |
|
| $3,750,000 thru $3,999,999 |
1 |
31 |
|
| $4,000,000 thru $4,249,999 |
2 |
121 |
|
| $4,250,000 thru $4,499,999 |
1 |
668 |
|
| $4,750,000 thru $4,999,999 |
1 |
1416 |
|
| $10,000,000 or more |
1 |
162 |
|
| |
408 |
175 |
|
|
| |
| Summary Price Information |
| Minimum |
$89,500 |
Maximum |
$12,900,000 |
| Average |
$623,196 |
Median |
$419,000 |
|
| 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 ©2010 Rapattoni Corporation. All rights reserved. |
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