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South Lake Tahoe CA Weekly Real Estate Market Update

September 23, 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 which is the Relationship between Active Listings and Pending Sales on the market is slightly up this week from 18.2% to 18.5%.  This is due to the Active Listing inventory droping by 8 from the previous week and the number of Pending Sales remaining the same.  There was an additional 14 completed transactions or Sales this past week with the Median Sales Price remaining the same at $315,000 and the Average Sales Price slightly adjusting downward to $383,564.  This represents zero variance for the Median Sales Price and a slight drop in variance for the Average Sales Price of 1.1%.  The Average Days On Market is 163.  The statistics below will show that the majority sales is occurring between the price bracket of $200,000 and $350,000.  The inventory is still maintaining the supply due to the forclosure replacement.

Listings per Status

Area Market Survey
Listings as of 09/23/09 at 8:30pm

Active
Listing Price Range  Quantity      Average DOM  
$90,000 thru $99,999 1 54  
$100,000 thru $119,999 3 126  
$120,000 thru $139,999 3 74  
$140,000 thru $159,999 3 104  
$160,000 thru $179,999 6 123  
$180,000 thru $199,999 13 214  
$200,000 thru $249,999 37 149  
$250,000 thru $299,999 52 130  
$300,000 thru $349,999 53 135  
$350,000 thru $399,999 59 134  
$400,000 thru $449,999 25 191  
$450,000 thru $499,999 33 168  
$500,000 thru $549,999 23 202  
$550,000 thru $599,999 35 215  
$600,000 thru $649,999 11 105  
$650,000 thru $699,999 25 223  
$700,000 thru $749,999 9 218  
$750,000 thru $799,999 15 169  
$800,000 thru $849,999 8 203  
$850,000 thru $899,999 7 178  
$900,000 thru $949,999 3 385  
$950,000 thru $999,999 17 276  
$1,000,000 thru $1,249,999 10 305  
$1,250,000 thru $1,499,999 17 269  
$1,500,000 thru $1,749,999 6 210  
$1,750,000 thru $1,999,999 7 289  
$2,000,000 thru $2,249,999 4 302  
$2,250,000 thru $2,499,999 7 259  
$2,750,000 thru $2,999,999 1 83  
$3,000,000 thru $3,249,999 1 377  
$3,250,000 thru $3,499,999 4 232  
$3,750,000 thru $3,999,999 1 19  
$4,250,000 thru $4,499,999 1 421  
$4,500,000 thru $4,749,999 2 146  
$5,000,000 thru $5,999,999 1 1169  
  503 182  
 
Summary Price Information
Minimum  $94,900 Maximum  $5,950,000
Average  $653,333 Median  $445,000
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.

Area Market Survey
Listings as of 09/23/09 at 8:30pm

Pending
Listing Price Range  Quantity      Average DOM  
$120,000 thru $139,999 2 63  
$140,000 thru $159,999 4 138  
$160,000 thru $179,999 2 84  
$180,000 thru $199,999 4 104  
$200,000 thru $249,999 14 109  
$250,000 thru $299,999 21 127  
$300,000 thru $349,999 14 196  
$350,000 thru $399,999 7 246  
$400,000 thru $449,999 5 273  
$450,000 thru $499,999 9 208  
$500,000 thru $549,999 7 153  
$550,000 thru $599,999 9 167  
$600,000 thru $649,999 3 448  
$650,000 thru $699,999 5 150  
$700,000 thru $749,999 5 373  
$950,000 thru $999,999 2 613  
$1,250,000 thru $1,499,999 1 218  
  114 185  
 
Summary Price Information
Minimum  $129,900 Maximum  $1,349,000
Average  $405,133 Median  $339,000

Sold
Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 3 200  
$140,000 thru $159,999 5 78  
$160,000 thru $179,999 12 128  
$180,000 thru $199,999 13 142  
$200,000 thru $249,999 42 147  
$250,000 thru $299,999 56 143  
$300,000 thru $349,999 44 141  
$350,000 thru $399,999 29 179  
$400,000 thru $449,999 17 156  
$450,000 thru $499,999 19 167  
$500,000 thru $549,999 13 305  
$550,000 thru $599,999 11 189  
$600,000 thru $649,999 8 244  
$650,000 thru $699,999 3 174  
$700,000 thru $749,999 5 129  
$750,000 thru $799,999 4 125  
$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 1 229  
$1,500,000 thru $1,749,999 1 14  
$2,750,000 thru $2,999,999 1 130  
  299 163  
 
Summary Price Information
Minimum  $120,000 Maximum  $2,850,000
Average  $383,564 Median  $315,000
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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