Browse > Home / Weekly Statistics for CA / South Lake Tahoe CA Weekly Real Estate Market Statistics

South Lake Tahoe CA Weekly Real Estate Market Statistics

October 29, 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 Activity Ratio is nudged upward again this past week from 18.9% to 19%.  This relationship between the Active Listings (Inventory) on the market and Pending Sales (Escrows).  I track this trend on a weekly basis to get a pulse for the most current market conditions.  The result of the Market Activity Ratio this past week is the result of the Active Listing Inventory decreasing by 11 and the Pending Sales decreasing by 2.  It’s typical to see the inventory decrease as we approach the winter season.  It’s interesting to note that despite the decreasing inventory, the inventory in the most active price bracket between $200,000 and $350,000 has not decreased but remained stable.

The Sales increased by 13 for a YTD total of 361 sales which gives us a Median Sales Price of $310,000, Average Sales Price of $381,715 and Average Days On Market of 162.  The Median Sales Price and the Average Sales Price did drop this past week by 1.6% and .7% respectively.  This is the Result of all the sales occurring under $400,000 with the majority in the price bracket between $225,000 and $300,000.  This has been typical of this past year in which the increase of the units sold has been driven by falling prices. 

Listings per Status

Area Market Survey
Listings as of 10/29/09 at 9:24am

Active
Listing Price Range  Quantity      Average DOM  
$80,000 thru $89,999 1 90  
$90,000 thru $99,999 1 2  
$120,000 thru $139,999 3 137  
$140,000 thru $159,999 1 150  
$160,000 thru $179,999 7 115  
$180,000 thru $199,999 14 243  
$200,000 thru $249,999 28 102  
$250,000 thru $299,999 45 159  
$300,000 thru $349,999 56 141  
$350,000 thru $399,999 48 168  
$400,000 thru $449,999 20 204  
$450,000 thru $499,999 27 183  
$500,000 thru $549,999 18 206  
$550,000 thru $599,999 30 247  
$600,000 thru $649,999 12 176  
$650,000 thru $699,999 20 231  
$700,000 thru $749,999 6 216  
$750,000 thru $799,999 13 132  
$800,000 thru $849,999 10 211  
$850,000 thru $899,999 7 359  
$900,000 thru $949,999 3 421  
$950,000 thru $999,999 11 159  
$1,000,000 thru $1,249,999 10 354  
$1,250,000 thru $1,499,999 18 235  
$1,500,000 thru $1,749,999 5 168  
$1,750,000 thru $1,999,999 5 407  
$2,000,000 thru $2,249,999 3 312  
$2,250,000 thru $2,499,999 5 330  
$2,750,000 thru $2,999,999 1 119  
$3,250,000 thru $3,499,999 3 192  
$3,750,000 thru $3,999,999 1 55  
$4,250,000 thru $4,499,999 1 457  
$4,500,000 thru $4,749,999 2 182  
$5,000,000 thru $5,999,999 1 1205  
  436 193  
 
Summary Price Information
Minimum  $84,900 Maximum  $5,950,000
Average  $648,240 Median  $439,500
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 10/29/09 at 9:24am

Pending
Listing Price Range  Quantity      Average DOM  
$120,000 thru $139,999 2 57  
$140,000 thru $159,999 1 100  
$160,000 thru $179,999 2 126  
$180,000 thru $199,999 5 114  
$200,000 thru $249,999 12 112  
$250,000 thru $299,999 15 139  
$300,000 thru $349,999 11 198  
$350,000 thru $399,999 9 210  
$400,000 thru $449,999 8 308  
$450,000 thru $499,999 8 262  
$500,000 thru $549,999 5 210  
$550,000 thru $599,999 6 147  
$600,000 thru $649,999 2 278  
$650,000 thru $699,999 4 221  
$700,000 thru $749,999 5 223  
$750,000 thru $799,999 2 99  
$850,000 thru $899,999 1 245  
$1,250,000 thru $1,499,999 1 274  
$1,750,000 thru $1,999,999 2 118  
$3,250,000 thru $3,499,999 1 496  
  102 186  
 
Summary Price Information
Minimum  $139,900 Maximum  $3,275,000
Average  $469,015 Median  $379,638

Sold
Selling Price Range  Quantity      Average DOM  
$80,000 thru $89,999 1 78  
$120,000 thru $139,999 4 157  
$140,000 thru $159,999 7 86  
$160,000 thru $179,999 12 128  
$180,000 thru $199,999 14 139  
$200,000 thru $249,999 51 145  
$250,000 thru $299,999 72 141  
$300,000 thru $349,999 50 141  
$350,000 thru $399,999 33 178  
$400,000 thru $449,999 22 151  
$450,000 thru $499,999 21 195  
$500,000 thru $549,999 18 262  
$550,000 thru $599,999 14 191  
$600,000 thru $649,999 10 227  
$650,000 thru $699,999 6 166  
$700,000 thru $749,999 5 129  
$750,000 thru $799,999 5 185  
$800,000 thru $849,999 5 213  
$850,000 thru $899,999 1 425  
$900,000 thru $949,999 5 235  
$1,000,000 thru $1,249,999 1 213  
$1,250,000 thru $1,499,999 2 228  
$1,500,000 thru $1,749,999 1 14  
$2,750,000 thru $2,999,999 1 130  
  361 162  
 
Summary Price Information
Minimum  $85,000 Maximum  $2,850,000
Average  $381,715 Median  $310,000
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 
Tagged:

Comments

Got something to say?