South Lake Tahoe Weekly Real Estate Market Statistics

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 end of year sales was robust.  The Market Activity Ratio is a trend that I track to find the pulse of the Buyer activity which is the relationship between the Active Listings (Inventory) and Pending Sales (Escrows).  In the past couple of weeks the Market Activity Ratio did dip from 22.4% to 20.5% due to the holidays.  This was the result of the Active Listings decreasing by 19 and the Pending Sales decreasing by 16.

There were 28 completed Sales and YTD total of 473, which decreased the Average Sales Price by 1.3% to $386,815 and the Median Sales Price remained the same at $314,000.  Most of these sales occurred below $500,000 with 5 above that.  One sale was a lake front property that sold for $3,200,000.  The Average Days On Market was 162 days.

Listings per Status

 

Area Market Survey

Listings as of 01/07/10 at 4:19pm

Active Listing Price Range  Quantity      Average DOM   $80,000 thru $89,999 1 29   $120,000 thru $139,999 3 177   $140,000 thru $159,999 1 220   $160,000 thru $179,999 3 131   $180,000 thru $199,999 6 144   $200,000 thru $249,999 21 119   $250,000 thru $299,999 46 170   $300,000 thru $349,999 43 155   $350,000 thru $399,999 37 182   $400,000 thru $449,999 16 189   $450,000 thru $499,999 18 266   $500,000 thru $549,999 17 143   $550,000 thru $599,999 26 215   $600,000 thru $649,999 4 97   $650,000 thru $699,999 15 234   $700,000 thru $749,999 7 87   $750,000 thru $799,999 8 135   $800,000 thru $849,999 4 285   $850,000 thru $899,999 7 263   $900,000 thru $949,999 2 541   $950,000 thru $999,999 11 233   $1,000,000 thru $1,249,999 12 326   $1,250,000 thru $1,499,999 8 272   $1,500,000 thru $1,749,999 4 166   $1,750,000 thru $1,999,999 5 249   $2,000,000 thru $2,249,999 3 198   $2,250,000 thru $2,499,999 3 440   $3,250,000 thru $3,499,999 2 232   $4,250,000 thru $4,499,999 1 527   $4,500,000 thru $4,749,999 2 75   $5,000,000 thru $5,999,999 1 1275   $10,000,000 or more 1 21     338 196

Summary Price Information Minimum  $81,000 Maximum  $12,900,000 Average  $674,406 Median  $434,000

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 01/07/10 at 4:19pm

Pending Listing Price Range  Quantity      Average DOM   $60,000 thru $69,999 1 69   $100,000 thru $119,999 2 108   $120,000 thru $139,999 1 10   $140,000 thru $159,999 1 170   $160,000 thru $179,999 2 54   $180,000 thru $199,999 6 162   $200,000 thru $249,999 11 74   $250,000 thru $299,999 16 181   $300,000 thru $349,999 15 89   $350,000 thru $399,999 6 272   $400,000 thru $449,999 4 254   $450,000 thru $499,999 5 212   $500,000 thru $549,999 3 308   $550,000 thru $599,999 3 220   $600,000 thru $649,999 2 299   $650,000 thru $699,999 2 104   $700,000 thru $749,999 1 230   $750,000 thru $799,999 1 919   $800,000 thru $849,999 1 295   $850,000 thru $899,999 2 341   $950,000 thru $999,999 1 431   $1,250,000 thru $1,499,999 1 73     87 176

Summary Price Information Minimum  $67,900 Maximum  $1,395,000 Average  $374,062 Median  $307,000

Sold Selling Price Range  Quantity      Average DOM   $80,000 thru $89,999 3 97   $120,000 thru $139,999 7 213   $140,000 thru $159,999 12 102   $160,000 thru $179,999 15 124   $180,000 thru $199,999 21 125   $200,000 thru $249,999 70 138   $250,000 thru $299,999 85 140   $300,000 thru $349,999 59 144   $350,000 thru $399,999 46 187   $400,000 thru $449,999 29 170   $450,000 thru $499,999 28 213   $500,000 thru $549,999 19 250   $550,000 thru $599,999 19 171   $600,000 thru $649,999 14 233   $650,000 thru $699,999 12 166   $700,000 thru $749,999 6 115   $750,000 thru $799,999 6 159   $800,000 thru $849,999 5 213   $850,000 thru $899,999 1 425   $900,000 thru $949,999 5 235   $950,000 thru $999,999 1 1   $1,000,000 thru $1,249,999 2 260   $1,250,000 thru $1,499,999 2 228   $1,500,000 thru $1,749,999 3 52   $2,500,000 thru $2,749,999 1 496   $2,750,000 thru $2,999,999 1 130   $3,000,000 thru $3,249,999 1 117     473 162

Summary Price Information Minimum  $80,000 Maximum  $3,200,000 Average  $391,816 Median  $314,000

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.