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South Lake Tahoe Weekly Real Estate Market Statistics

December 23, 2009

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

To find the pulse of Buyer Activity on the market within the past week, I like to track the Market Activity Ratio which is the relationship between Active Listings (Inventory) and Pending Sales (Escrows).  This past week we saw the Active Listings decrease by 7 and the Pending Sales increase by 1 to give us an increased Market Activity Ratio from 21.9% to 22.4%.

This past week we saw 10 new Sales for a YTD of 445 Sales.  One sale was above $450,000 and that was in Montgomery Estates for $585,000.  These sales did not move the Median Sales Price which is currently at $314,000 but it did slightly decrease the Average Sales Price by .3% to $388,007.  The Average Days On Market is 161 days.

Listings per Status

 

Area Market Survey

 
Listings as of 12/23/09 at 11:19am

Active
Listing Price Range  Quantity      Average DOM  
$80,000 thru $89,999 1 14  
$120,000 thru $139,999 4 166  
$140,000 thru $159,999 1 205  
$160,000 thru $179,999 6 163  
$180,000 thru $199,999 7 204  
$200,000 thru $249,999 18 117  
$250,000 thru $299,999 46 159  
$300,000 thru $349,999 48 158  
$350,000 thru $399,999 42 183  
$400,000 thru $449,999 16 204  
$450,000 thru $499,999 21 225  
$500,000 thru $549,999 14 171  
$550,000 thru $599,999 29 217  
$600,000 thru $649,999 4 96  
$650,000 thru $699,999 14 263  
$700,000 thru $749,999 6 127  
$750,000 thru $799,999 7 253  
$800,000 thru $849,999 8 190  
$850,000 thru $899,999 7 248  
$900,000 thru $949,999 2 526  
$950,000 thru $999,999 10 180  
$1,000,000 thru $1,249,999 12 311  
$1,250,000 thru $1,499,999 11 265  
$1,500,000 thru $1,749,999 4 151  
$1,750,000 thru $1,999,999 5 234  
$2,000,000 thru $2,249,999 3 183  
$2,250,000 thru $2,499,999 3 425  
$3,250,000 thru $3,499,999 2 217  
$3,750,000 thru $3,999,999 1 110  
$4,250,000 thru $4,499,999 1 512  
$4,500,000 thru $4,749,999 2 60  
$5,000,000 thru $5,999,999 1 1260  
$10,000,000 or more 1 6  
  357 196  
 
Summary Price Information
Minimum  $81,000 Maximum  $12,900,000
Average  $675,841 Median  $429,000
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 12/23/09 at 11:19am

Pending
Listing Price Range  Quantity      Average DOM  
$60,000 thru $69,999 1 54  
$90,000 thru $99,999 1 169  
$100,000 thru $119,999 2 93  
$140,000 thru $159,999 1 155  
$160,000 thru $179,999 1 118  
$180,000 thru $199,999 6 160  
$200,000 thru $249,999 15 84  
$250,000 thru $299,999 20 142  
$300,000 thru $349,999 12 86  
$350,000 thru $399,999 10 310  
$400,000 thru $449,999 6 328  
$450,000 thru $499,999 6 215  
$500,000 thru $549,999 6 191  
$550,000 thru $599,999 5 207  
$600,000 thru $649,999 2 563  
$650,000 thru $699,999 3 193  
$700,000 thru $749,999 2 203  
$800,000 thru $849,999 1 280  
$850,000 thru $899,999 2 326  
$950,000 thru $999,999 1 416  
  103 182  
 
Summary Price Information
Minimum  $67,900 Maximum  $950,000
Average  $372,877 Median  $324,000

Sold
Selling Price Range  Quantity      Average DOM  
$80,000 thru $89,999 2 61  
$120,000 thru $139,999 7 213  
$140,000 thru $159,999 11 99  
$160,000 thru $179,999 15 124  
$180,000 thru $199,999 21 125  
$200,000 thru $249,999 62 142  
$250,000 thru $299,999 82 143  
$300,000 thru $349,999 59 144  
$350,000 thru $399,999 41 173  
$400,000 thru $449,999 28 169  
$450,000 thru $499,999 25 220  
$500,000 thru $549,999 18 262  
$550,000 thru $599,999 19 171  
$600,000 thru $649,999 13 204  
$650,000 thru $699,999 10 168  
$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 3 52  
$2,500,000 thru $2,749,999 1 496  
$2,750,000 thru $2,999,999 1 130  
  445 161  
 
Summary Price Information
Minimum  $85,000 Maximum  $2,850,000
Average  $386,815 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 ©2009 Rapattoni Corporation. All rights reserved.

Written by admin · Filed Under Weekly Statistics for CA 
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