South Lake Tahoe Weekly Real Estate Market Statistics

June 25, 2010

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
 

 

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.

South Lake Tahoe Weekly Real Estate Market Statistics

June 18, 2010

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

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.

South Lake Tahoe Weekly Real Estate Market Statistics

June 11, 2010

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

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.

South Lake Tahoe Weekly Real Estate Market Statistics

June 4, 2010

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

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

South Lake Tahoe Weekly Real Estate Market Statistics

May 28, 2010

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

 

 

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
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