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South Lake Tahoe Weekly Real Estate Market Statistics

October 22, 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 was ever so slightly up from this past week from 18.8% to 18.9%.  This is the relationship between Active Listings (inventory) and Pending Sales (escrows).  The Active listings did decrease by 14 and the Pending Sales also decreased by 3.  The number of completed transactions or Sales increased this past week by 13 for a YTD of 348.  This left the Median Sales price unchanged at $315,000 and a slight decrease in the Average Sales price by .6% to $384,340.  The Average Days On Market for these sales is 163.  Most of the sales are still occurring in the price bracket between $200,000 and $350,000.  The price bracket above $500,000 is still struggling although we did see three sales this past week with the prices at $510K, $520K, and $567K.  the REO’s continue to feed the market and satisfy the Buyer appetite.

Listings per Status

Area Market Survey
Listings as of 10/22/09 at 8:02am

Active
Listing Price Range  Quantity      Average DOM  
$80,000 thru $89,999 1 83  
$100,000 thru $119,999 1 265  
$120,000 thru $139,999 3 103  
$140,000 thru $159,999 2 130  
$160,000 thru $179,999 6 54  
$180,000 thru $199,999 13 247  
$200,000 thru $249,999 29 126  
$250,000 thru $299,999 47 163  
$300,000 thru $349,999 56 139  
$350,000 thru $399,999 50 159  
$400,000 thru $449,999 22 184  
$450,000 thru $499,999 28 176  
$500,000 thru $549,999 20 191  
$550,000 thru $599,999 31 225  
$600,000 thru $649,999 10 100  
$650,000 thru $699,999 22 247  
$700,000 thru $749,999 6 209  
$750,000 thru $799,999 12 144  
$800,000 thru $849,999 9 226  
$850,000 thru $899,999 10 285  
$900,000 thru $949,999 3 414  
$950,000 thru $999,999 12 178  
$1,000,000 thru $1,249,999 10 347  
$1,250,000 thru $1,499,999 17 241  
$1,500,000 thru $1,749,999 5 161  
$1,750,000 thru $1,999,999 5 400  
$2,000,000 thru $2,249,999 3 305  
$2,250,000 thru $2,499,999 5 323  
$2,750,000 thru $2,999,999 1 112  
$3,250,000 thru $3,499,999 3 185  
$3,750,000 thru $3,999,999 1 48  
$4,250,000 thru $4,499,999 1 450  
$4,500,000 thru $4,749,999 2 175  
$5,000,000 thru $5,999,999 1 1198  
  447 189  
 
Summary Price Information
Minimum  $89,900 Maximum  $5,950,000
Average  $643,547 Median  $439,999
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 10/22/09 at 8:02am

Pending
Listing Price Range  Quantity      Average DOM  
$100,000 thru $119,999 1 121  
$120,000 thru $139,999 1 62  
$140,000 thru $159,999 1 93  
$160,000 thru $179,999 2 113  
$180,000 thru $199,999 5 107  
$200,000 thru $249,999 12 110  
$250,000 thru $299,999 18 128  
$300,000 thru $349,999 10 233  
$350,000 thru $399,999 9 207  
$400,000 thru $449,999 8 301  
$450,000 thru $499,999 9 235  
$500,000 thru $549,999 5 203  
$550,000 thru $599,999 7 225  
$600,000 thru $649,999 2 271  
$650,000 thru $699,999 3 275  
$700,000 thru $749,999 5 216  
$750,000 thru $799,999 2 92  
$1,250,000 thru $1,499,999 1 267  
$1,750,000 thru $1,999,999 2 111  
$3,250,000 thru $3,499,999 1 489  
  104 188  
 
Summary Price Information
Minimum  $112,900 Maximum  $3,275,000
Average  $459,642 Median  $370,000

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 48 148  
$250,000 thru $299,999 66 140  
$300,000 thru $349,999 50 141  
$350,000 thru $399,999 32 181  
$400,000 thru $449,999 19 152  
$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  
  348 163  
 
Summary Price Information
Minimum  $85,000 Maximum  $2,850,000
Average  $384,340 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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