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South Lake Tahoe Weekly Real Estate Market Statistics

May 7, 2010

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.

There was an up tick in the market!.  To track the most current Buyer activity, I use the Market Activity Ratio which is the relationship between the Active Listings and the Pending Sales.  This past week we saw the Market Activity Ratio increase from 21.3% to 22.7% which is the result of the Active Listings increasing by 3 as the Pending Sales increased by 8.  It is interesting to note that the pending REO sales increased to 16 and the Short Sales increased to 51 which represents 57.8% of the Pending Sales.

There were 9 new sales this past week for a YTD of 164 Sales.  Most of the sales were below $350,000 and one sale above that which was in the Tahoe Keys for a sales price of $750,000.  This decreased the 6 month Average Sales price by 3.3% to $390,234.

Listings per Status

Listings per Status

Area Market Survey
Listings as of 05/07/10 at 8:39am

Active
Listing Price Range  Quantity      Average DOM  
$90,000 thru $99,999 2 141  
$120,000 thru $139,999 4 210  
$140,000 thru $159,999 7 70  
$160,000 thru $179,999 9 82  
$180,000 thru $199,999 10 217  
$200,000 thru $249,999 22 191  
$250,000 thru $299,999 53 177  
$300,000 thru $349,999 42 128  
$350,000 thru $399,999 38 172  
$400,000 thru $449,999 29 111  
$450,000 thru $499,999 31 215  
$500,000 thru $549,999 21 144  
$550,000 thru $599,999 24 179  
$600,000 thru $649,999 13 142  
$650,000 thru $699,999 10 179  
$700,000 thru $749,999 11 203  
$750,000 thru $799,999 9 159  
$800,000 thru $849,999 3 278  
$850,000 thru $899,999 7 136  
$900,000 thru $949,999 2 383  
$950,000 thru $999,999 7 343  
$1,000,000 thru $1,249,999 10 262  
$1,250,000 thru $1,499,999 5 93  
$1,500,000 thru $1,749,999 6 184  
$1,750,000 thru $1,999,999 7 325  
$2,000,000 thru $2,249,999 2 57  
$2,250,000 thru $2,499,999 4 260  
$2,500,000 thru $2,749,999 2 57  
$3,750,000 thru $3,999,999 1 10  
$4,000,000 thru $4,249,999 2 100  
$4,250,000 thru $4,499,999 1 647  
$4,750,000 thru $4,999,999 1 1395  
$10,000,000 or more 1 141  
  396 176  
 
Summary Price Information
Minimum  $99,000 Maximum  $12,900,000
Average  $630,834 Median  $425,000
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 05/07/10 at 8:39am

Pending
Listing Price Range  Quantity      Average DOM  
$90,000 thru $99,999 1 77  
$140,000 thru $159,999 3 62  
$160,000 thru $179,999 4 164  
$180,000 thru $199,999 10 116  
$200,000 thru $249,999 19 143  
$250,000 thru $299,999 19 196  
$300,000 thru $349,999 12 136  
$350,000 thru $399,999 8 175  
$400,000 thru $449,999 3 79  
$450,000 thru $499,999 5 195  
$500,000 thru $549,999 4 172  
$550,000 thru $599,999 5 309  
$600,000 thru $649,999 2 298  
$650,000 thru $699,999 4 78  
$700,000 thru $749,999 5 206  
$750,000 thru $799,999 3 421  
$850,000 thru $899,999 1 143  
$900,000 thru $949,999 1 66  
$950,000 thru $999,999 2 414  
$1,000,000 thru $1,249,999 3 223  
$1,250,000 thru $1,499,999 1 378  
$4,250,000 thru $4,499,999 1 238  
  116 177  
 
Summary Price Information
Minimum  $99,000 Maximum  $4,250,000
Average  $446,448 Median  $320,600

Sold
Selling Price Range  Quantity      Average DOM  
$60,000 thru $69,999 1 77  
$70,000 thru $79,999 1 82  
$80,000 thru $89,999 2 106  
$100,000 thru $119,999 1 38  
$120,000 thru $139,999 4 269  
$140,000 thru $159,999 12 95  
$160,000 thru $179,999 10 102  
$180,000 thru $199,999 10 107  
$200,000 thru $249,999 40 109  
$250,000 thru $299,999 34 124  
$300,000 thru $349,999 25 141  
$350,000 thru $399,999 26 189  
$400,000 thru $449,999 15 251  
$450,000 thru $499,999 15 157  
$500,000 thru $549,999 7 129  
$550,000 thru $599,999 11 184  
$600,000 thru $649,999 7 227  
$650,000 thru $699,999 9 125  
$700,000 thru $749,999 3 67  
$750,000 thru $799,999 5 295  
$800,000 thru $849,999 1 393  
$850,000 thru $899,999 1 439  
$900,000 thru $949,999 2 374  
$950,000 thru $999,999 1 1  
$1,000,000 thru $1,249,999 3 330  
$1,250,000 thru $1,499,999 2 295  
$1,500,000 thru $1,749,999 1 0  
$3,000,000 thru $3,249,999 1 117  
  250 154  
 
Summary Price Information
Minimum  $67,000 Maximum  $3,200,000
Average  $390,234 Median  $317,250
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.

 

Written by admin · Filed Under Weekly Statistics for CA 
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