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South Lake Tahoe Weekly Real Estate Market Statistics

July 22, 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.

More Buyers are coming on board.  To track the most current buyer activity, I like to use the Market Activity Ratio which is the relationship between Active listings and Pending sales.  This past week the Market Activity Ratio increased from 15.4% to 16.2%.  The number of Pending bank owned sales is at 23 and the short sales is at 45.  Distress sales now represent 68% of pending sales which is an increase from 60.6% from the previous week. 

There were 12 new sales for a YTD of 287 sales.  The majority of the sales occurred below $400,000 with three sales above that in the amount of $410,000, $475,000 and $500,000.  This decreased the 6 month average sale by .8% to $399,733.  The average days on market is 157 days. 

Listings per Status

Area Market Survey
Listings as of 07/22/10 at 4:02pm

Active
Listing Price Range  Quantity      Average DOM  
$70,000 thru $79,999 1 34  
$80,000 thru $89,999 1 349  
$90,000 thru $99,999 1 85  
$100,000 thru $119,999 4 171  
$120,000 thru $139,999 3 202  
$140,000 thru $159,999 8 83  
$160,000 thru $179,999 6 127  
$180,000 thru $199,999 17 151  
$200,000 thru $249,999 35 177  
$250,000 thru $299,999 81 135  
$300,000 thru $349,999 55 109  
$350,000 thru $399,999 50 165  
$400,000 thru $449,999 23 144  
$450,000 thru $499,999 44 186  
$500,000 thru $549,999 27 100  
$550,000 thru $599,999 26 160  
$600,000 thru $649,999 16 136  
$650,000 thru $699,999 18 153  
$700,000 thru $749,999 12 152  
$750,000 thru $799,999 11 134  
$800,000 thru $849,999 7 225  
$850,000 thru $899,999 3 181  
$900,000 thru $949,999 4 243  
$950,000 thru $999,999 9 139  
$1,000,000 thru $1,249,999 14 233  
$1,250,000 thru $1,499,999 11 131  
$1,500,000 thru $1,749,999 3 331  
$1,750,000 thru $1,999,999 11 337  
$2,000,000 thru $2,249,999 4 97  
$2,250,000 thru $2,499,999 3 132  
$2,500,000 thru $2,749,999 2 133  
$3,250,000 thru $3,499,999 2 38  
$3,750,000 thru $3,999,999 2 405  
$4,000,000 thru $4,249,999 2 176  
$4,750,000 thru $4,999,999 1 1471  
$10,000,000 or more 1 217  
  518 157  
 
Summary Price Information
Minimum  $75,000 Maximum  $12,900,000
Average  $610,510 Median  $399,000
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 07/22/10 at 4:02pm

Pending
Listing Price Range  Quantity      Average DOM  
$60,000 thru $69,999 1 59  
$80,000 thru $89,999 1 36  
$90,000 thru $99,999 1 153  
$120,000 thru $139,999 1 42  
$140,000 thru $159,999 7 76  
$160,000 thru $179,999 4 130  
$180,000 thru $199,999 7 198  
$200,000 thru $249,999 15 126  
$250,000 thru $299,999 19 146  
$300,000 thru $349,999 11 124  
$350,000 thru $399,999 7 184  
$400,000 thru $449,999 2 173  
$450,000 thru $499,999 4 93  
$500,000 thru $549,999 3 209  
$550,000 thru $599,999 5 154  
$600,000 thru $649,999 4 376  
$650,000 thru $699,999 3 99  
$700,000 thru $749,999 2 396  
$750,000 thru $799,999 1 153  
$850,000 thru $899,999 1 1220  
$950,000 thru $999,999 1 804  
  100 169  
 
Summary Price Information
Minimum  $65,000 Maximum  $995,000
Average  $346,204 Median  $282,000

Sold
Selling Price Range  Quantity      Average DOM  
$70,000 thru $79,999 1 82  
$100,000 thru $119,999 1 38  
$120,000 thru $139,999 5 125  
$140,000 thru $159,999 11 61  
$160,000 thru $179,999 13 134  
$180,000 thru $199,999 14 129  
$200,000 thru $249,999 39 150  
$250,000 thru $299,999 40 145  
$300,000 thru $349,999 27 163  
$350,000 thru $399,999 23 146  
$400,000 thru $449,999 13 163  
$450,000 thru $499,999 12 122  
$500,000 thru $549,999 11 135  
$550,000 thru $599,999 12 242  
$600,000 thru $649,999 5 119  
$650,000 thru $699,999 7 77  
$700,000 thru $749,999 9 283  
$750,000 thru $799,999 6 282  
$800,000 thru $849,999 1 393  
$850,000 thru $899,999 1 114  
$900,000 thru $949,999 5 254  
$950,000 thru $999,999 1 0  
$1,000,000 thru $1,249,999 5 304  
$1,250,000 thru $1,499,999 1 277  
$3,500,000 thru $3,749,999 1 244  
  264 157  
 
Summary Price Information
Minimum  $75,000 Maximum  $3,525,000
Average  $396,734 Median  $313,750
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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