South Lake Tahoe CA Weekly Market Update

September 2, 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.

Listings per Status
The California South Lake Tahoe market continues to increase in activity for the second consequetive week.  The Market Activity Ratio went from 17.6% to 19.7% this past week.  The Market Activity Ratio is the relationship between Active Listings and Pending Sales and the Active Listings are down by 88 and the Pending sales are down by 5 this past week.  The number of completed transactions or sales is up by 12 for a YTD total of 163 with a Median Sales Price of $319,000, Average Sales Price of $394,253 and Average Days On Market of 163.  This represents an increase in the Median and Average Sales Price by 1.3% and 1.7% respectively which makes up for the downturn from the previous week.  The Market Activity Ratio spiked due to a huge drop in Active Listings inventory.  It’s typical for inventory to drop as we get closer to winter but this is a large drop in just one week.

 

 

 

Area Market Survey

 

 

 

Listings as of 09/02/09 at 3:18pm

Active
Listing Price Range  Quantity      Average DOM  
$100,000 thru $119,999 1 71  
$140,000 thru $159,999 2 187  
$160,000 thru $179,999 6 129  
$180,000 thru $199,999 6 152  
$200,000 thru $249,999 19 114  
$250,000 thru $299,999 42 141  
$300,000 thru $349,999 47 103  
$350,000 thru $399,999 56 124  
$400,000 thru $449,999 25 165  
$450,000 thru $499,999 32 174  
$500,000 thru $549,999 23 176  
$550,000 thru $599,999 36 190  
$600,000 thru $649,999 10 153  
$650,000 thru $699,999 19 180  
$700,000 thru $749,999 12 198  
$750,000 thru $799,999 14 156  
$800,000 thru $849,999 10 165  
$850,000 thru $899,999 6 166  
$900,000 thru $949,999 3 364  
$950,000 thru $999,999 19 234  
$1,000,000 thru $1,249,999 11 249  
$1,250,000 thru $1,499,999 17 248  
$1,500,000 thru $1,749,999 6 189  
$1,750,000 thru $1,999,999 7 320  
$2,000,000 thru $2,249,999 2 408  
$2,250,000 thru $2,499,999 7 192  
$2,750,000 thru $2,999,999 1 62  
$3,000,000 thru $3,249,999 1 356  
$3,250,000 thru $3,499,999 2 317  
$4,250,000 thru $4,499,999 1 400  
$4,500,000 thru $4,749,999 1 258  
$5,000,000 thru $5,999,999 1 1148  
  445 170  
 
Summary Price Information
Minimum  $117,900 Maximum  $5,950,000
Average  $668,974 Median  $495,000
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 09/02/09 at 3:18pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 2 82  
$180,000 thru $199,999 5 181  
$200,000 thru $249,999 12 66  
$250,000 thru $299,999 25 137  
$300,000 thru $349,999 12 159  
$350,000 thru $399,999 7 216  
$400,000 thru $449,999 6 225  
$450,000 thru $499,999 6 96  
$500,000 thru $549,999 7 168  
$550,000 thru $599,999 8 170  
$600,000 thru $649,999 3 267  
$650,000 thru $699,999 6 175  
$700,000 thru $749,999 4 469  
$750,000 thru $799,999 1 110  
$950,000 thru $999,999 3 438  
$1,250,000 thru $1,499,999 2 266  
  109 173  
 
Summary Price Information
Minimum  $140,000 Maximum  $1,349,000
Average  $428,647 Median  $349,000

Sold
Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 1 102  
$140,000 thru $159,999 5 78  
$160,000 thru $179,999 7 135  
$180,000 thru $199,999 10 153  
$200,000 thru $249,999 32 131  
$250,000 thru $299,999 46 148  
$300,000 thru $349,999 38 140  
$350,000 thru $399,999 26 182  
$400,000 thru $449,999 16 157  
$450,000 thru $499,999 16 177  
$500,000 thru $549,999 11 304  
$550,000 thru $599,999 8 201  
$600,000 thru $649,999 7 220  
$650,000 thru $699,999 2 105  
$700,000 thru $749,999 4 131  
$750,000 thru $799,999 4 125  
$800,000 thru $849,999 5 213  
$850,000 thru $899,999 1 425  
$900,000 thru $949,999 4 261  
$1,000,000 thru $1,249,999 1 213  
$1,250,000 thru $1,499,999 1 229  
$1,500,000 thru $1,749,999 1 14  
$2,750,000 thru $2,999,999 1 130  
  247 163  
 
Summary Price Information
Minimum  $135,000 Maximum  $2,850,000
Average  $394,253 Median  $319,000
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.

CA Weekly Market Update

August 25, 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.
This past week we saw the Market Activity Ratio jump to 17.6% from 16.9%.  This is the relationship between Active Listings and Pending Sales which is down by 3 and up by 5 respectively.  The number of closed transactions or Sales has increased by 9 this past week for a YTD total of 251 with the Median Sales price at $315,000, Average Sales price at $387,378 and the Average Days on Market at 165.  This Median and the Average is down by 1.1% and .9% respectively which has erased the previous weeks gain.   Most of the activity is still occurring in the price bracket between $200,000 and $350,000.  The inventory is barely keeping pace with replacement of these sales.

Listings per Status

 

Area Market Survey

 

Listings as of 08/25/09 at 9:10pm

Active
Listing Price Range  Quantity      Average DOM  
$90,000 thru $99,999 1 25  
$100,000 thru $119,999 2 42  
$120,000 thru $139,999 3 102  
$140,000 thru $159,999 4 84  
$160,000 thru $179,999 7 139  
$180,000 thru $199,999 12 247  
$200,000 thru $249,999 30 173  
$250,000 thru $299,999 57 165  
$300,000 thru $349,999 55 143  
$350,000 thru $399,999 63 128  
$400,000 thru $449,999 29 153  
$450,000 thru $499,999 39 182  
$500,000 thru $549,999 29 168  
$550,000 thru $599,999 37 182  
$600,000 thru $649,999 11 157  
$650,000 thru $699,999 23 207  
$700,000 thru $749,999 12 191  
$750,000 thru $799,999 16 175  
$800,000 thru $849,999 11 166  
$850,000 thru $899,999 5 151  
$900,000 thru $949,999 3 356  
$950,000 thru $999,999 21 230  
$1,000,000 thru $1,249,999 11 254  
$1,250,000 thru $1,499,999 17 240  
$1,500,000 thru $1,749,999 8 275  
$1,750,000 thru $1,999,999 7 312  
$2,000,000 thru $2,249,999 2 400  
$2,250,000 thru $2,499,999 9 236  
$2,750,000 thru $2,999,999 1 54  
$3,000,000 thru $3,249,999 1 348  
$3,250,000 thru $3,499,999 4 203  
$4,250,000 thru $4,499,999 1 392  
$4,500,000 thru $4,749,999 1 250  
$5,000,000 thru $5,999,999 1 1140  
  533 179  
 
Summary Price Information
Minimum  $99,900 Maximum  $5,950,000
Average  $641,961 Median  $459,000
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 08/25/09 at 9:10pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 3 116  
$180,000 thru $199,999 6 147  
$200,000 thru $249,999 15 97  
$250,000 thru $299,999 24 113  
$300,000 thru $349,999 12 191  
$350,000 thru $399,999 8 214  
$400,000 thru $449,999 4 286  
$450,000 thru $499,999 5 95  
$500,000 thru $549,999 10 220  
$550,000 thru $599,999 7 172  
$600,000 thru $649,999 4 371  
$650,000 thru $699,999 4 169  
$700,000 thru $749,999 4 454  
$750,000 thru $799,999 1 39  
$850,000 thru $899,999 1 287  
$950,000 thru $999,999 3 430  
$1,000,000 thru $1,249,999 1 312  
$1,250,000 thru $1,499,999 2 258  
  114 183  
 
Summary Price Information
Minimum  $140,000 Maximum  $1,349,000
Average  $429,642 Median  $325,000

Sold
Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 2 235  
$140,000 thru $159,999 5 78  
$160,000 thru $179,999 11 132  
$180,000 thru $199,999 12 144  
$200,000 thru $249,999 32 147  
$250,000 thru $299,999 44 152  
$300,000 thru $349,999 38 140  
$350,000 thru $399,999 26 194  
$400,000 thru $449,999 16 157  
$450,000 thru $499,999 17 173  
$500,000 thru $549,999 10 261  
$550,000 thru $599,999 8 201  
$600,000 thru $649,999 7 220  
$650,000 thru $699,999 2 105  
$700,000 thru $749,999 4 131  
$750,000 thru $799,999 4 125  
$800,000 thru $849,999 4 255  
$850,000 thru $899,999 1 425  
$900,000 thru $949,999 4 261  
$1,000,000 thru $1,249,999 1 213  
$1,250,000 thru $1,499,999 1 229  
$1,500,000 thru $1,749,999 1 14  
$2,750,000 thru $2,999,999 1 130  
  251 165  
 
Summary Price Information
Minimum  $135,000 Maximum  $2,850,000
Average  $387,378 Median  $315,000
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.

CA Weekly Market Update

August 18, 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 stable this past week with the Market Activity Ratio up by .2%.  The Market Activity Ratio is the relationship between the Active Listings and Pending Sales.  The Active Listings is down by 1, Pending Sales is up by 1 for a ratio of 16.9%.  The completed transactions or Sales is up by 10 for a YTD of 242 with the Median Sales Price at $318,500, Average Sales Price at $390,773 and Average Days On Market is 165.  The Median Sales Price and Average Sales Price is up by .2% and .4% respectively.  Overall sales remain strong in the price bracket of $200,000 to $400,000.  The inventory continues to keep pace with the sales which seems to show signs of stability.

Listings per Status

 

Area Market Survey

 

Listings as of 08/18/09 at 10:03pm

Active
Listing Price Range  Quantity      Average DOM  
$100,000 thru $119,999 2 16  
$120,000 thru $139,999 4 85  
$140,000 thru $159,999 4 77  
$160,000 thru $179,999 6 155  
$180,000 thru $199,999 11 251  
$200,000 thru $249,999 31 158  
$250,000 thru $299,999 64 152  
$300,000 thru $349,999 55 135  
$350,000 thru $399,999 61 116  
$400,000 thru $449,999 29 158  
$450,000 thru $499,999 39 183  
$500,000 thru $549,999 29 160  
$550,000 thru $599,999 36 193  
$600,000 thru $649,999 11 159  
$650,000 thru $699,999 25 196  
$700,000 thru $749,999 13 192  
$750,000 thru $799,999 14 179  
$800,000 thru $849,999 12 153  
$850,000 thru $899,999 4 90  
$900,000 thru $949,999 4 284  
$950,000 thru $999,999 16 280  
$1,000,000 thru $1,249,999 14 210  
$1,250,000 thru $1,499,999 17 233  
$1,500,000 thru $1,749,999 7 289  
$1,750,000 thru $1,999,999 8 282  
$2,000,000 thru $2,249,999 2 393  
$2,250,000 thru $2,499,999 9 229  
$2,750,000 thru $2,999,999 1 47  
$3,000,000 thru $3,249,999 1 341  
$3,250,000 thru $3,499,999 4 196  
$4,250,000 thru $4,499,999 1 385  
$4,500,000 thru $4,749,999 1 243  
$5,000,000 thru $5,999,999 1 1133  
  536 174  
 
Summary Price Information
Minimum  $103,900 Maximum  $5,950,000
Average  $638,806 Median  $450,000
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 08/18/09 at 10:03pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 3 109  
$180,000 thru $199,999 8 177  
$200,000 thru $249,999 13 88  
$250,000 thru $299,999 20 104  
$300,000 thru $349,999 13 169  
$350,000 thru $399,999 8 292  
$400,000 thru $449,999 4 279  
$450,000 thru $499,999 4 76  
$500,000 thru $549,999 10 213  
$550,000 thru $599,999 5 104  
$600,000 thru $649,999 4 364  
$650,000 thru $699,999 4 162  
$700,000 thru $749,999 3 502  
$750,000 thru $799,999 3 96  
$850,000 thru $899,999 1 280  
$950,000 thru $999,999 3 423  
$1,000,000 thru $1,249,999 1 305  
$1,250,000 thru $1,499,999 2 251  
  109 182  
 
Summary Price Information
Minimum  $140,000 Maximum  $1,349,000
Average  $434,443 Median  $331,650

Sold
Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 1 102  
$140,000 thru $159,999 5 78  
$160,000 thru $179,999 10 128  
$180,000 thru $199,999 10 124  
$200,000 thru $249,999 32 147  
$250,000 thru $299,999 42 156  
$300,000 thru $349,999 36 145  
$350,000 thru $399,999 26 194  
$400,000 thru $449,999 16 157  
$450,000 thru $499,999 17 173  
$500,000 thru $549,999 10 261  
$550,000 thru $599,999 8 201  
$600,000 thru $649,999 7 220  
$650,000 thru $699,999 2 105  
$700,000 thru $749,999 4 131  
$750,000 thru $799,999 3 111  
$800,000 thru $849,999 4 255  
$850,000 thru $899,999 1 425  
$900,000 thru $949,999 4 261  
$1,000,000 thru $1,249,999 1 213  
$1,250,000 thru $1,499,999 1 229  
$1,500,000 thru $1,749,999 1 14  
$2,750,000 thru $2,999,999 1 130  
  242 165  
 
Summary Price Information
Minimum  $135,000 Maximum  $2,850,000
Average  $390,773 Median  $318,500
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 ©2009 Rapattoni Corporation. All rights reserved.

CA Weekly Market Report

July 14, 2009

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 only.  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 between Active and Pending listings is indicating a downward movement from 17.2% to 15.9% since last week.  This is the result of Active Listings inventory increasing by 15 and Pending Sales decreasing by 5 in the past week.  Completed transactions or Sales in the past week increased by 10 for a YTD of 180 with a Median Sales Price of $319,500 and an Average Sales Price of $386,074 and Average Days On Market of 180 days.  The variance of the Median and Average Sales is down .5% and up 2.3% respectively.  This was impacted by 7 out of 10 sales occurring above $400,000 with the highest sale at $870,000.  The market is showing life above the $400K.  What is interesting is that the sales prices are an average of 4.8% below list price with 1 sale selling at 8% below list price.  Could the higher end market be softening prices to draw in the buyers?

Listings per Status

 

 

Area Market Survey

 

 

Listings as of 07/14/09 at 9:08pm

Active
Listing Price Range  Quantity      Average DOM  
$120,000 thru $139,999 1 21  
$140,000 thru $159,999 1 62  
$160,000 thru $179,999 2 213  
$180,000 thru $199,999 6 175  
$200,000 thru $249,999 24 62  
$250,000 thru $299,999 55 144  
$300,000 thru $349,999 42 103  
$350,000 thru $399,999 46 124  
$400,000 thru $449,999 31 126  
$450,000 thru $499,999 34 149  
$500,000 thru $549,999 21 146  
$550,000 thru $599,999 30 173  
$600,000 thru $649,999 11 111  
$650,000 thru $699,999 29 132  
$700,000 thru $749,999 14 113  
$750,000 thru $799,999 18 169  
$800,000 thru $849,999 7 195  
$850,000 thru $899,999 9 141  
$900,000 thru $949,999 2 194  
$950,000 thru $999,999 15 274  
$1,000,000 thru $1,249,999 15 135  
$1,250,000 thru $1,499,999 19 209  
$1,500,000 thru $1,749,999 7 302  
$1,750,000 thru $1,999,999 7 283  
$2,000,000 thru $2,249,999 2 358  
$2,250,000 thru $2,499,999 5 203  
$3,000,000 thru $3,249,999 1 306  
$3,250,000 thru $3,499,999 2 205  
$3,750,000 thru $3,999,999 1 145  
$4,500,000 thru $4,749,999 1 208  
$4,750,000 thru $4,999,999 1 350  
$5,000,000 thru $5,999,999 1 1098  
  460 151  
 
Summary Price Information
Minimum  $127,900 Maximum  $5,950,000
Average  $668,791 Median  $495,000
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 07/14/09 at 9:08pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 123  
$160,000 thru $179,999 1 351  
$180,000 thru $199,999 5 187  
$200,000 thru $249,999 13 79  
$250,000 thru $299,999 15 130  
$300,000 thru $349,999 7 195  
$350,000 thru $399,999 9 298  
$400,000 thru $449,999 6 274  
$450,000 thru $499,999 4 121  
$500,000 thru $549,999 6 177  
$550,000 thru $599,999 3 408  
$600,000 thru $649,999 3 257  
$650,000 thru $699,999 1 165  
$700,000 thru $749,999 6 357  
$750,000 thru $799,999 1 126  
$850,000 thru $899,999 1 245  
$950,000 thru $999,999 3 379  
$1,250,000 thru $1,499,999 1 285  
$3,000,000 thru $3,249,999 1 103  
  87 205  
 
Summary Price Information
Minimum  $150,000 Maximum  $3,200,000
Average  $456,719 Median  $361,845

Sold
Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 1 102  
$140,000 thru $159,999 5 78  
$160,000 thru $179,999 5 137  
$180,000 thru $199,999 7 144  
$200,000 thru $249,999 18 164  
$250,000 thru $299,999 34 155  
$300,000 thru $349,999 30 138  
$350,000 thru $399,999 17 196  
$400,000 thru $449,999 13 147  
$450,000 thru $499,999 12 191  
$500,000 thru $549,999 10 261  
$550,000 thru $599,999 7 220  
$600,000 thru $649,999 5 143  
$650,000 thru $699,999 1 35  
$700,000 thru $749,999 2 114  
$750,000 thru $799,999 3 111  
$800,000 thru $849,999 4 255  
$850,000 thru $899,999 1 425  
$900,000 thru $949,999 3 320  
$1,000,000 thru $1,249,999 1 213  
$1,250,000 thru $1,499,999 1 229  
  180 169  
 
Summary Price Information
Minimum  $135,000 Maximum  $1,275,000
Average  $386,074 Median  $319,500
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 ©2009 Rapattoni Corporation. All rights reserved.

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