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 |
%20Status_Pie.series(Active,361;%20Pending,107;%20Sold,273;Other,0)total.setText(Total:%20741)@_GIF) |
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 |
|
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 |
%20Status_Pie.series(Active,350;%20Pending,85;%20Sold,14;Other,0)total.setText(Total:%20449)@_GIF) |
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. |
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 |
%20Status_Pie.series(Active,338;%20Pending,87;%20Sold,473;Other,0)total.setText(Total:%20898)@_GIF) |
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. |
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 |
%20Status_Pie.series(Active,364;%20Pending,102;%20Sold,435;Other,0)total.setText(Total:%20901)@_GIF) |
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. |
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 |
%20Status_Pie.series(Active,369;%20Pending,100;%20Sold,426;Other,0)total.setText(Total:%20895)@_GIF) |
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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