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 market continues to remain consistent.  The Market Activity Ratio is the relationship between the Active Listings (Inventory) and Pending Sales (Escrows) which helps me to track the current trend of Buyer activity.  This past week we saw a slight increase from 19.5% to 19.9%.  This is the result to the Active Listings increasing by 5 and Pending Sales increasing by 3.

This past week we saw 9 new sales for a YTD of 21 Sales which gives us a 6 month Average Sales Price of $405,371 and the Average Days On Market for these sales is 161 days.  Most of the Sales prices were below $387,500 with 3 sales above that for $410,000, $480,000 and $850,000.  The highest priced sale was located in the Tahoe Keys on Alpine Dr.

Listings per Status