South Lake Tahoe Weekly Market Statistics

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 the relationship between Active Listings (Inventory) and Pending Sales (Escrows) which is a trend that reveals current Buyer activity.  This past week it increased from 20.8% to 21.2% which is a result of the Active Listings decreased by 9 and Pending sales remained the same.  There was 13 new sales in the past week for a YTD of 411, which decreased the Median Sales price by 1% to $313,000 and the Average Sales price decreased by .8% to $387,909.  Seven of the new sales were under $200,000 and only two were above $500,000.  The REO’s continue to feed the supply of properties under $200,000.

Listings per Status

Area Market Survey

Listings as of 11/27/09 at 12:39pm

Active Listing Price Range  Quantity      Average DOM   $70,000 thru $79,999 1 28   $120,000 thru $139,999 4 140   $140,000 thru $159,999 1 179   $160,000 thru $179,999 4 181   $180,000 thru $199,999 7 286   $200,000 thru $249,999 25 109   $250,000 thru $299,999 44 186   $300,000 thru $349,999 53 149   $350,000 thru $399,999 43 174   $400,000 thru $449,999 17 203   $450,000 thru $499,999 30 188   $500,000 thru $549,999 14 230   $550,000 thru $599,999 31 237   $600,000 thru $649,999 5 224   $650,000 thru $699,999 15 275   $700,000 thru $749,999 6 200   $750,000 thru $799,999 10 143   $800,000 thru $849,999 8 251   $850,000 thru $899,999 6 300   $900,000 thru $949,999 3 450   $950,000 thru $999,999 12 194   $1,000,000 thru $1,249,999 11 328   $1,250,000 thru $1,499,999 13 292   $1,500,000 thru $1,749,999 3 175   $1,750,000 thru $1,999,999 5 256   $2,000,000 thru $2,249,999 3 341   $2,250,000 thru $2,499,999 5 359   $3,250,000 thru $3,499,999 2 191   $3,750,000 thru $3,999,999 1 84   $4,250,000 thru $4,499,999 1 486   $4,500,000 thru $4,749,999 2 211   $5,000,000 thru $5,999,999 1 1234     386 206

Summary Price Information Minimum  $74,900 Maximum  $5,495,000 Average  $642,011 Median  $434,000

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 11/27/09 at 12:39pm

Pending Listing Price Range  Quantity      Average DOM   $90,000 thru $99,999 2 87   $100,000 thru $119,999 1 139   $140,000 thru $159,999 1 129   $160,000 thru $179,999 2 66   $180,000 thru $199,999 3 137   $200,000 thru $249,999 16 87   $250,000 thru $299,999 16 131   $300,000 thru $349,999 10 97   $350,000 thru $399,999 11 212   $400,000 thru $449,999 8 343   $450,000 thru $499,999 5 227   $500,000 thru $549,999 4 239   $550,000 thru $599,999 7 165   $600,000 thru $649,999 3 233   $650,000 thru $699,999 6 207   $700,000 thru $749,999 2 177   $750,000 thru $799,999 2 68   $800,000 thru $849,999 1 255   $850,000 thru $899,999 1 274   $1,250,000 thru $1,499,999 1 301   $1,500,000 thru $1,749,999 1 323   $1,750,000 thru $1,999,999 1 130     104 168

Summary Price Information Minimum  $92,900 Maximum  $1,988,000 Average  $427,395 Median  $354,950

Sold Selling Price Range  Quantity      Average DOM   $80,000 thru $89,999 1 78   $120,000 thru $139,999 7 213   $140,000 thru $159,999 10 89   $160,000 thru $179,999 13 134   $180,000 thru $199,999 18 126   $200,000 thru $249,999 57 145   $250,000 thru $299,999 79 145   $300,000 thru $349,999 55 145   $350,000 thru $399,999 39 177   $400,000 thru $449,999 25 141   $450,000 thru $499,999 24 222   $500,000 thru $549,999 18 262   $550,000 thru $599,999 16 179   $600,000 thru $649,999 11 214   $650,000 thru $699,999 9 183   $700,000 thru $749,999 5 129   $750,000 thru $799,999 6 159   $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 2 78   $2,500,000 thru $2,749,999 1 496   $2,750,000 thru $2,999,999 1 130     411 164

Summary Price Information Minimum  $85,000 Maximum  $2,850,000 Average  $384,782 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.