South Lake Tahoe Weekly Real Estate 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 Activity Ratio this past week is down from the previous week from 23.4% to 21.3%.  This is the relationship between Active Listings (Inventory) and Pending Sales (Escrows) which reveals the most current trend in Buyer activity in the market.  This past week the Active Listings increased by 8 as the Pending Sales decreased by 10.

However the number of completed Sales this past week did increase by 10 for a YTD of 426 sales.  Most of the sales continue to occur below $500,000.  This decreased the Median Sales Price by .3% to $309,250 and decreased the Average Sales Price by 1.2% to $385,347.  The Averaged Days On Market is 162 days.  Despite the strong sales at the low end of the market, the foreclosures continue to supply the inventory. 

Listings per Status

Area Market Survey

Listings as of 12/11/09 at 8:29am

Active Listing Price Range  Quantity      Average DOM   $70,000 thru $79,999 1 42   $80,000 thru $89,999 1 2   $120,000 thru $139,999 4 154   $140,000 thru $159,999 1 193   $160,000 thru $179,999 5 183   $180,000 thru $199,999 8 219   $200,000 thru $249,999 22 104   $250,000 thru $299,999 48 156   $300,000 thru $349,999 48 147   $350,000 thru $399,999 41 199   $400,000 thru $449,999 16 202   $450,000 thru $499,999 26 201   $500,000 thru $549,999 17 204   $550,000 thru $599,999 26 226   $600,000 thru $649,999 6 103   $650,000 thru $699,999 14 251   $700,000 thru $749,999 5 132   $750,000 thru $799,999 7 140   $800,000 thru $849,999 8 265   $850,000 thru $899,999 7 279   $900,000 thru $949,999 3 464   $950,000 thru $999,999 11 189   $1,000,000 thru $1,249,999 12 299   $1,250,000 thru $1,499,999 11 253   $1,500,000 thru $1,749,999 3 189   $1,750,000 thru $1,999,999 5 222   $2,000,000 thru $2,249,999 3 171   $2,250,000 thru $2,499,999 3 413   $3,250,000 thru $3,499,999 2 205   $3,750,000 thru $3,999,999 1 98   $4,250,000 thru $4,499,999 1 500   $4,500,000 thru $4,749,999 2 48   $5,000,000 thru $5,999,999 1 1248     369 195

Summary Price Information Minimum  $74,900 Maximum  $5,495,000 Average  $630,362 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 ©2009 Rapattoni Corporation. All rights reserved.

Area Market Survey

Listings as of 12/11/09 at 8:29am

Pending Listing Price Range  Quantity      Average DOM   $90,000 thru $99,999 2 101   $100,000 thru $119,999 2 81   $140,000 thru $159,999 1 143   $160,000 thru $179,999 2 74   $180,000 thru $199,999 4 200   $200,000 thru $249,999 15 84   $250,000 thru $299,999 18 129   $300,000 thru $349,999 11 103   $350,000 thru $399,999 10 222   $400,000 thru $449,999 6 431   $450,000 thru $499,999 6 225   $500,000 thru $549,999 5 213   $550,000 thru $599,999 7 241   $600,000 thru $649,999 2 551   $650,000 thru $699,999 4 193   $700,000 thru $749,999 2 191   $800,000 thru $849,999 1 269   $850,000 thru $899,999 2 314     100 182

Summary Price Information Minimum  $92,900 Maximum  $895,000 Average  $376,546 Median  $323,450

Sold Selling Price Range  Quantity      Average DOM   $80,000 thru $89,999 1 78   $120,000 thru $139,999 7 213   $140,000 thru $159,999 11 99   $160,000 thru $179,999 14 129   $180,000 thru $199,999 19 129   $200,000 thru $249,999 59 143   $250,000 thru $299,999 80 144   $300,000 thru $349,999 55 145   $350,000 thru $399,999 41 173   $400,000 thru $449,999 27 147   $450,000 thru $499,999 24 222   $500,000 thru $549,999 18 262   $550,000 thru $599,999 18 171   $600,000 thru $649,999 12 202   $650,000 thru $699,999 9 183   $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   $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 2 78   $2,500,000 thru $2,749,999 1 496   $2,750,000 thru $2,999,999 1 130     426 162

Summary Price Information Minimum  $85,000 Maximum  $2,850,000 Average  $386,536 Median  $313,000

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 ©2009 Rapattoni Corporation. All rights reserved.