South Lake Tahoe Weekly Real Estate Market Statistics

What you are looking at below are charts and numbers derived from the Northern Nevada Regional Multiple Listing Service for Single Family Homes and Condos for the East Shore.  I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports.  The reason that I use this segment of the market is that it has the most influence on the general value trends.

This past week the market heated up with Buyer activity.  To track this, 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 increase from 17.5% to 20.9%.  This was the result of the Active Listings increasing by 11 and the Pending Sales increasing by 16. 

There were 5 new sales this past week for a YTD of 48 sales.  All of the sales were below $300,000 except for a sale in Montgomery Estates for $518,000 and Tahoe Keys for $750,000.  This brought the 6 month Average Sales Price down by 2% to 392,522.

Listings per Status

Area Market Survey

Listings as of 02/11/10 at 2:55pm

Active Listing Price Range  Quantity      Average DOM   $120,000 thru $139,999 3 212   $140,000 thru $159,999 2 131   $160,000 thru $179,999 8 112   $180,000 thru $199,999 7 115   $200,000 thru $249,999 29 116   $250,000 thru $299,999 46 165   $300,000 thru $349,999 38 161   $350,000 thru $399,999 35 184   $400,000 thru $449,999 22 172   $450,000 thru $499,999 21 201   $500,000 thru $549,999 19 149   $550,000 thru $599,999 20 184   $600,000 thru $649,999 7 145   $650,000 thru $699,999 13 167   $700,000 thru $749,999 12 111   $750,000 thru $799,999 9 164   $800,000 thru $849,999 3 176   $850,000 thru $899,999 6 271   $900,000 thru $949,999 2 576   $950,000 thru $999,999 11 288   $1,000,000 thru $1,249,999 8 158   $1,250,000 thru $1,499,999 8 253   $1,500,000 thru $1,749,999 3 170   $1,750,000 thru $1,999,999 8 209   $2,000,000 thru $2,249,999 2 266   $2,250,000 thru $2,499,999 3 412   $3,250,000 thru $3,499,999 2 267   $4,250,000 thru $4,499,999 1 562   $4,500,000 thru $4,749,999 2 110   $5,000,000 thru $5,999,999 1 1310   $10,000,000 or more 1 56     352 179

Summary Price Information Minimum  $126,000 Maximum  $12,900,000 Average  $656,171 Median  $427,000

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 02/11/10 at 2:55pm

Pending Listing Price Range  Quantity      Average DOM   $80,000 thru $89,999 1 64   $120,000 thru $139,999 2 28   $140,000 thru $159,999 1 205   $160,000 thru $179,999 3 58   $180,000 thru $199,999 7 192   $200,000 thru $249,999 6 70   $250,000 thru $299,999 16 173   $300,000 thru $349,999 14 75   $350,000 thru $399,999 6 286   $400,000 thru $449,999 1 85   $450,000 thru $499,999 10 160   $500,000 thru $549,999 5 176   $550,000 thru $599,999 3 294   $600,000 thru $649,999 5 142   $650,000 thru $699,999 3 218   $700,000 thru $749,999 2 154   $750,000 thru $799,999 1 954   $800,000 thru $849,999 1 636   $850,000 thru $899,999 2 204   $950,000 thru $999,999 1 294   $1,000,000 thru $1,249,999 2 363   $1,250,000 thru $1,499,999 1 108     93 172

Summary Price Information Minimum  $81,000 Maximum  $1,395,000 Average  $423,321 Median  $339,000

Sold Selling Price Range  Quantity      Average DOM   $60,000 thru $69,999 1 77   $80,000 thru $89,999 3 97   $120,000 thru $139,999 6 232   $140,000 thru $159,999 8 111   $160,000 thru $179,999 6 105   $180,000 thru $199,999 13 124   $200,000 thru $249,999 48 106   $250,000 thru $299,999 51 132   $300,000 thru $349,999 31 130   $350,000 thru $399,999 27 178   $400,000 thru $449,999 16 207   $450,000 thru $499,999 15 243   $500,000 thru $549,999 10 251   $550,000 thru $599,999 14 157   $600,000 thru $649,999 9 290   $650,000 thru $699,999 11 191   $700,000 thru $749,999 2 83   $750,000 thru $799,999 5 268   $800,000 thru $849,999 1 45   $850,000 thru $899,999 1 439   $900,000 thru $949,999 2 109   $950,000 thru $999,999 1 1   $1,000,000 thru $1,249,999 1 306   $1,250,000 thru $1,499,999 2 269   $1,500,000 thru $1,749,999 2 71   $2,500,000 thru $2,749,999 1 496   $3,000,000 thru $3,249,999 1 117     288 159

Summary Price Information Minimum  $67,000 Maximum  $3,200,000 Average  $392,522 Median  $311,000

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.