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South Lake Tahoe California Weekly Real Estate Market Update

October 8, 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 the Active Listings (Inventory) and the Pending Sales (Escows) which is slightly down from 19.9% to 19.4%.  This is the result of the Active Listings taking a big drop by 26 and the Pending Sales decreasing also by 10.  The completed transactions or Sales is up by 16 for a YTD of 326 which gives a Median Sales Price of $315,000, Average Sales Price of $384,859 and Average Days On Market of 163.  The Median and Average Sales Price has changed ever so slightly.  This is even with 4 of the 16 sales occurring over $500,000 with the highest sales price of $1.25 million in the Tahoe Keys.  So the rest of the sales offset this with lower prices.

Listings per Status

 

Area Market Survey

 
Listings as of 10/08/09 at 3:22pm

Active
Listing Price Range  Quantity      Average DOM  
$80,000 thru $89,999 1 69  
$100,000 thru $119,999 1 251  
$120,000 thru $139,999 4 79  
$140,000 thru $159,999 2 116  
$160,000 thru $179,999 5 91  
$180,000 thru $199,999 10 255  
$200,000 thru $249,999 34 133  
$250,000 thru $299,999 51 152  
$300,000 thru $349,999 51 135  
$350,000 thru $399,999 57 141  
$400,000 thru $449,999 22 195  
$450,000 thru $499,999 28 166  
$500,000 thru $549,999 24 189  
$550,000 thru $599,999 32 209  
$600,000 thru $649,999 8 122  
$650,000 thru $699,999 25 239  
$700,000 thru $749,999 7 208  
$750,000 thru $799,999 11 153  
$800,000 thru $849,999 9 212  
$850,000 thru $899,999 6 204  
$900,000 thru $949,999 3 400  
$950,000 thru $999,999 16 277  
$1,000,000 thru $1,249,999 9 348  
$1,250,000 thru $1,499,999 15 260  
$1,500,000 thru $1,749,999 5 217  
$1,750,000 thru $1,999,999 7 299  
$2,000,000 thru $2,249,999 3 291  
$2,250,000 thru $2,499,999 6 307  
$2,750,000 thru $2,999,999 1 98  
$3,250,000 thru $3,499,999 3 171  
$3,750,000 thru $3,999,999 1 34  
$4,250,000 thru $4,499,999 1 436  
$4,500,000 thru $4,749,999 2 161  
$5,000,000 thru $5,999,999 1 1184  
  461 186  
 
Summary Price Information
Minimum  $89,900 Maximum  $5,950,000
Average  $643,198 Median  $438,000
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 10/08/09 at 3:22pm

Pending
Listing Price Range  Quantity      Average DOM  
$100,000 thru $119,999 2 86  
$140,000 thru $159,999 2 188  
$160,000 thru $179,999 2 99  
$180,000 thru $199,999 4 78  
$200,000 thru $249,999 11 99  
$250,000 thru $299,999 21 124  
$300,000 thru $349,999 15 204  
$350,000 thru $399,999 8 230  
$400,000 thru $449,999 6 265  
$450,000 thru $499,999 10 224  
$500,000 thru $549,999 5 194  
$550,000 thru $599,999 9 203  
$600,000 thru $649,999 3 233  
$650,000 thru $699,999 3 153  
$700,000 thru $749,999 4 182  
$750,000 thru $799,999 1 55  
$950,000 thru $999,999 1 428  
$1,250,000 thru $1,499,999 2 306  
$1,750,000 thru $1,999,999 1 114  
$3,250,000 thru $3,499,999 1 475  
  111 179  
 
Summary Price Information
Minimum  $105,000 Maximum  $3,275,000
Average  $450,402 Median  $349,500

Sold
Selling Price Range  Quantity      Average DOM  
$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 45 148  
$250,000 thru $299,999 62 139  
$300,000 thru $349,999 45 140  
$350,000 thru $399,999 30 183  
$400,000 thru $449,999 18 151  
$450,000 thru $499,999 21 195  
$500,000 thru $549,999 16 267  
$550,000 thru $599,999 13 201  
$600,000 thru $649,999 10 227  
$650,000 thru $699,999 4 178  
$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 2 228  
$1,500,000 thru $1,749,999 1 14  
$2,750,000 thru $2,999,999 1 130  
  326 163  
 
Summary Price Information
Minimum  $120,000 Maximum  $2,850,000
Average  $384,859 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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