South Lake Tahoe Weekly Real Estate Market Statistics

February 26, 2010

What you are looking at below are charts and numbers derived from the Northern Nevada Regional Multiple Listing Service for Single Family Homes and Condos for the East Shore.  I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports.  The reason that I use this segment of the market is that it has the most influence on the general value trends.

After a spike in the buyer activity, the market settled a little this past week.  To track the Buyer activity, I use the Market Activity Ratio which is the relationship between Active Listings and Pending Sales.  This past week it slightly dipped from a robust 23.2% to 22.4%.  This is the result of the inventory increasing by 11 as the pending sales decreased by 2.

This past week we there were 7 new sales for a YTD of 61.  The increased the 6 month Average Sales Price by 1.9%.  The Average Days on Market is 179 days.  Four of the Seven sales occurred above $400,000 with the top sale of $925,000 which was a Lake View rebuild on top of Saddle.  All but one of these sales was either a short sale or a bank owned property.

Listings per Status

Area Market Survey

 

 

Listings as of 02/26/10 at 7:59am

Active
Listing Price Range  Quantity      Average DOM  
$90,000 thru $99,999 1 7  
$120,000 thru $139,999 3 227  
$140,000 thru $159,999 2 148  
$160,000 thru $179,999 7 141  
$180,000 thru $199,999 9 138  
$200,000 thru $249,999 31 126  
$250,000 thru $299,999 50 169  
$300,000 thru $349,999 39 164  
$350,000 thru $399,999 37 185  
$400,000 thru $449,999 24 163  
$450,000 thru $499,999 19 209  
$500,000 thru $549,999 19 172  
$550,000 thru $599,999 22 177  
$600,000 thru $649,999 6 251  
$650,000 thru $699,999 12 129  
$700,000 thru $749,999 12 146  
$750,000 thru $799,999 8 164  
$800,000 thru $849,999 5 264  
$850,000 thru $899,999 6 286  
$900,000 thru $949,999 1 438  
$950,000 thru $999,999 11 245  
$1,000,000 thru $1,249,999 6 147  
$1,250,000 thru $1,499,999 8 266  
$1,500,000 thru $1,749,999 4 141  
$1,750,000 thru $1,999,999 8 224  
$2,000,000 thru $2,249,999 1 480  
$2,250,000 thru $2,499,999 3 427  
$3,250,000 thru $3,499,999 2 282  
$4,250,000 thru $4,499,999 1 577  
$4,500,000 thru $4,749,999 2 125  
$5,000,000 thru $5,999,999 1 1325  
$10,000,000 or more 1 71  
  361 183  
 
Summary Price Information
Minimum  $99,000 Maximum  $12,900,000
Average  $639,282 Median  $416,500

South Lake Tahoe Weekly Real Estate Market Statistics

January 15, 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 trends

Inventory on the rise!  This past week we saw the Market Activity Ratio decrease from 20.5% to 19.5%.  This is the relationship between Activity Listings (Inventory) and Pending Sales (Escrows) which tracks a trend in current Buyer Activity.  The result of the dip is due to Active Listings increasing by 12 and Pending Sales decreasing by 2.

We are starting a new year with 6 sales this past week for a fresh YTD of 14 Sales.  Sales for a one year period from today show the Median Sales Price at $315,000 and the Average Sales Price at $395,100.  All of the new sales occurred below $450,000 with the lowest price at $260,000.  Despite the consistent activity at the low end of the market, the foreclosures continue to replenish the supply.  January and February is usually when inventories are at their lowest before increasing again as we approach summer.

 

 

 

Listings per Status

 

 

 

Area Market Survey

 

 

 

Listings as of 01/15/10 at 8:08am

Active
Listing Price Range  Quantity      Average DOM  
$120,000 thru $139,999 3 185  
$140,000 thru $159,999 1 228  
$160,000 thru $179,999 6 73  
$180,000 thru $199,999 6 152  
$200,000 thru $249,999 23 119  
$250,000 thru $299,999 50 160  
$300,000 thru $349,999 43 162  
$350,000 thru $399,999 37 207  
$400,000 thru $449,999 16 199  
$450,000 thru $499,999 18 267  
$500,000 thru $549,999 18 131  
$550,000 thru $599,999 24 188  
$600,000 thru $649,999 8 54  
$650,000 thru $699,999 16 228  
$700,000 thru $749,999 8 82  
$750,000 thru $799,999 9 151  
$800,000 thru $849,999 3 187  
$850,000 thru $899,999 6 249  
$900,000 thru $949,999 2 549  
$950,000 thru $999,999 11 241  
$1,000,000 thru $1,249,999 13 311  
$1,250,000 thru $1,499,999 8 308  
$1,500,000 thru $1,749,999 3 143  
$1,750,000 thru $1,999,999 6 216  
$2,000,000 thru $2,249,999 2 239  
$2,250,000 thru $2,499,999 3 448  
$3,250,000 thru $3,499,999 2 240  
$4,250,000 thru $4,499,999 1 535  
$4,500,000 thru $4,749,999 2 83  
$5,000,000 thru $5,999,999 1 1283  
$10,000,000 or more 1 29  
  350 191  
 
Summary Price Information
Minimum  $126,000 Maximum  $12,900,000
Average  $662,186 Median  $429,500
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 01/15/10 at 8:08am

Pending
Listing Price Range  Quantity      Average DOM  
$60,000 thru $69,999 1 77  
$80,000 thru $89,999 1 37  
$100,000 thru $119,999 1 43  
$120,000 thru $139,999 1 18  
$140,000 thru $159,999 1 178  
$160,000 thru $179,999 2 61  
$180,000 thru $199,999 7 174  
$200,000 thru $249,999 9 76  
$250,000 thru $299,999 15 188  
$300,000 thru $349,999 12 88  
$350,000 thru $399,999 6 147  
$400,000 thru $449,999 2 275  
$450,000 thru $499,999 7 224  
$500,000 thru $549,999 2 283  
$550,000 thru $599,999 3 259  
$600,000 thru $649,999 2 307  
$650,000 thru $699,999 3 177  
$700,000 thru $749,999 2 128  
$750,000 thru $799,999 1 927  
$800,000 thru $849,999 2 456  
$850,000 thru $899,999 3 365  
$950,000 thru $999,999 1 439  
$1,250,000 thru $1,499,999 1 81  
  85 182  
 
Summary Price Information
Minimum  $67,900 Maximum  $1,395,000
Average  $397,174 Median  $316,500

Sold
Selling Price Range  Quantity      Average DOM  
$180,000 thru $199,999 1 153  
$200,000 thru $249,999 2 113  
$250,000 thru $299,999 1 170  
$300,000 thru $349,999 1 66  
$350,000 thru $399,999 3 183  
$400,000 thru $449,999 3 225  
$450,000 thru $499,999 1 245  
$500,000 thru $549,999 1 33  
$600,000 thru $649,999 1 249  
  14 169  
 
Summary Price Information
Minimum  $190,000 Maximum  $619,000
Average  $364,900 Median  $376,050
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.

South Lake Tahoe Weekly Real Estate Market Statistics

January 7, 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 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.

South Lake Tahoe Weekly Real Estate Market Statistics

December 17, 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

The Market continues to remain strong despite the upcoming holidays.  To determine current Buyer activity in the market, I track the Market Activity Ratio which is the relationship between Active Listings (Inventory) and Pending Sales (Escrows).  This past week we have seen the Market Activity Ratio increase from 21.3% to 21.9%.  This is due to the Active Listings decreasing by 5 and the Pending Sales increasing by 2.

There were 9 new Sales this past week with the majority of properties selling under $420,000.  There were a couple of sales above that which sold at $619,000 and $1,545,000.  The YTD total Sales is now at 435 homes and condos.  The recent sales did lower the Median Sales Price by .4% to $313,000 and the Average Sales Price by .3% to $386,536. 

Listings per Status

 

Area Market Survey

 

Listings as of 12/17/09 at 3:27pm

Active
Listing Price Range  Quantity      Average DOM  
$60,000 thru $69,999 1 48  
$80,000 thru $89,999 1 8  
$120,000 thru $139,999 4 160  
$140,000 thru $159,999 1 199  
$160,000 thru $179,999 5 189  
$180,000 thru $199,999 9 214  
$200,000 thru $249,999 19 113  
$250,000 thru $299,999 49 149  
$300,000 thru $349,999 49 153  
$350,000 thru $399,999 40 201  
$400,000 thru $449,999 16 212  
$450,000 thru $499,999 22 223  
$500,000 thru $549,999 15 169  
$550,000 thru $599,999 30 226  
$600,000 thru $649,999 4 90  
$650,000 thru $699,999 14 257  
$700,000 thru $749,999 6 115  
$750,000 thru $799,999 7 146  
$800,000 thru $849,999 8 271  
$850,000 thru $899,999 8 236  
$900,000 thru $949,999 2 520  
$950,000 thru $999,999 10 174  
$1,000,000 thru $1,249,999 12 305  
$1,250,000 thru $1,499,999 11 259  
$1,500,000 thru $1,749,999 3 195  
$1,750,000 thru $1,999,999 5 228  
$2,000,000 thru $2,249,999 3 177  
$2,250,000 thru $2,499,999 3 419  
$3,250,000 thru $3,499,999 2 211  
$3,750,000 thru $3,999,999 1 104  
$4,250,000 thru $4,499,999 1 506  
$4,500,000 thru $4,749,999 2 54  
$5,000,000 thru $5,999,999 1 1254  
  364 196  
 
Summary Price Information
Minimum  $67,900 Maximum  $5,495,000
Average  $632,422 Median  $419,750
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 ©2009 Rapattoni Corporation. All rights reserved.

Area Market Survey

 

Listings as of 12/17/09 at 3:27pm

Pending
Listing Price Range  Quantity      Average DOM  
$90,000 thru $99,999 1 163  
$100,000 thru $119,999 2 87  
$140,000 thru $159,999 1 149  
$160,000 thru $179,999 2 80  
$180,000 thru $199,999 6 164  
$200,000 thru $249,999 16 84  
$250,000 thru $299,999 19 139  
$300,000 thru $349,999 11 81  
$350,000 thru $399,999 9 245  
$400,000 thru $449,999 6 322  
$450,000 thru $499,999 7 203  
$500,000 thru $549,999 6 185  
$550,000 thru $599,999 5 212  
$600,000 thru $649,999 2 557  
$650,000 thru $699,999 3 187  
$700,000 thru $749,999 2 197  
$800,000 thru $849,999 1 274  
$850,000 thru $899,999 2 320  
$950,000 thru $999,999 1 410  
  102 173  
 
Summary Price Information
Minimum  $97,390 Maximum  $950,000
Average  $374,288 Median  $320,450

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 14 129  
$180,000 thru $199,999 19 129  
$200,000 thru $249,999 60 143  
$250,000 thru $299,999 82 143  
$300,000 thru $349,999 57 147  
$350,000 thru $399,999 41 173  
$400,000 thru $449,999 28 169  
$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 13 204  
$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 3 52  
$2,500,000 thru $2,749,999 1 496  
$2,750,000 thru $2,999,999 1 130  
  435 163  
 
Summary Price Information
Minimum  $85,000 Maximum  $2,850,000
Average  $388,007 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.

South Lake Tahoe Weekly Real Estate Statistics

December 11, 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

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.

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