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South Lake Tahoe Weekly Real Estate Market Statistics

June 11, 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 trend.

Buyer Activity is being outpaced by rising inventories!  To track the most current Buyer activity, I use the Marke Activity Ratio which is the relationship between Active listings and Pending Sales.  This past week, we saw the Active listings increase by 22 as the Pending sales decreased by 4.  It is interesting to note that the number of bank owned properties Pending is 16 and the number of Short Sales pending is 48 for a total of 64 Pending sales.  This now represents 57.7% which is the lowest percentage in almost a year. 

This past week there were 10 new sales for a YTD of 217 sales.  The majority of the sales occurred below $317,000 while there were sales prices above that for $495,000 on Lake Tahoe Blvd, $575,000 on Gilmore Lake Rd, $735,000 on High Meadow Tr, and $999,000 Lupine Tr.  The Average Days on Market for these sales is 152 days.

Listings per Status

Area Market Survey
Listings as of 06/11/10 at 8:08am

Active
Listing Price Range  Quantity      Average DOM  
$80,000 thru $89,999 2 163  
$90,000 thru $99,999 1 44  
$100,000 thru $119,999 1 49  
$120,000 thru $139,999 2 399  
$140,000 thru $159,999 8 97  
$160,000 thru $179,999 9 79  
$180,000 thru $199,999 13 196  
$200,000 thru $249,999 28 153  
$250,000 thru $299,999 69 142  
$300,000 thru $349,999 44 132  
$350,000 thru $399,999 43 134  
$400,000 thru $449,999 20 165  
$450,000 thru $499,999 41 187  
$500,000 thru $549,999 18 122  
$550,000 thru $599,999 27 213  
$600,000 thru $649,999 13 196  
$650,000 thru $699,999 14 146  
$700,000 thru $749,999 8 228  
$750,000 thru $799,999 12 132  
$800,000 thru $849,999 5 214  
$850,000 thru $899,999 5 293  
$900,000 thru $949,999 3 358  
$950,000 thru $999,999 6 137  
$1,000,000 thru $1,249,999 12 249  
$1,250,000 thru $1,499,999 7 110  
$1,500,000 thru $1,749,999 4 287  
$1,750,000 thru $1,999,999 8 300  
$2,000,000 thru $2,249,999 4 56  
$2,250,000 thru $2,499,999 4 295  
$2,500,000 thru $2,749,999 2 92  
$3,500,000 thru $3,749,999 1 1  
$3,750,000 thru $3,999,999 1 45  
$4,000,000 thru $4,249,999 2 135  
$4,250,000 thru $4,499,999 1 682  
$4,750,000 thru $4,999,999 1 1430  
$10,000,000 or more 1 176  
  440 168  
 
Summary Price Information
Minimum  $89,000 Maximum  $12,900,000
Average  $622,887 Median  $404,450
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 06/11/10 at 8:08am

Pending
Listing Price Range  Quantity      Average DOM  
$90,000 thru $99,999 1 112  
$120,000 thru $139,999 2 81  
$140,000 thru $159,999 6 38  
$160,000 thru $179,999 4 192  
$180,000 thru $199,999 7 149  
$200,000 thru $249,999 16 143  
$250,000 thru $299,999 23 217  
$300,000 thru $349,999 12 142  
$350,000 thru $399,999 11 161  
$400,000 thru $449,999 4 78  
$450,000 thru $499,999 4 68  
$500,000 thru $549,999 4 165  
$550,000 thru $599,999 2 60  
$600,000 thru $649,999 2 333  
$650,000 thru $699,999 1 81  
$700,000 thru $749,999 3 267  
$750,000 thru $799,999 2 603  
$850,000 thru $899,999 1 178  
$900,000 thru $949,999 1 101  
$950,000 thru $999,999 3 308  
$1,000,000 thru $1,249,999 1 176  
$1,250,000 thru $1,499,999 1 413  
  111 171  
 
Summary Price Information
Minimum  $99,000 Maximum  $1,488,000
Average  $375,286 Median  $299,000

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 1 169  
$100,000 thru $119,999 1 38  
$120,000 thru $139,999 2 187  
$140,000 thru $159,999 10 72  
$160,000 thru $179,999 10 126  
$180,000 thru $199,999 11 125  
$200,000 thru $249,999 40 102  
$250,000 thru $299,999 38 131  
$300,000 thru $349,999 27 156  
$350,000 thru $399,999 26 186  
$400,000 thru $449,999 12 210  
$450,000 thru $499,999 16 158  
$500,000 thru $549,999 9 121  
$550,000 thru $599,999 10 215  
$600,000 thru $649,999 7 232  
$650,000 thru $699,999 10 88  
$700,000 thru $749,999 5 167  
$750,000 thru $799,999 4 362  
$800,000 thru $849,999 1 393  
$850,000 thru $899,999 1 439  
$900,000 thru $949,999 3 365  
$950,000 thru $999,999 2 1  
$1,000,000 thru $1,249,999 3 296  
$1,250,000 thru $1,499,999 1 277  
$1,500,000 thru $1,749,999 1 0  
$3,000,000 thru $3,249,999 1 117  
$3,500,000 thru $3,749,999 1 244  
  255 152  
 
Summary Price Information
Minimum  $67,000 Maximum  $3,525,000
Average  $406,502 Median  $317,000
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.

Written by admin · Filed Under Weekly Statistics for CA 
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