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LAKE TAHOE, NV
SINGLE FAMILY HOMES
CURRENT SALES: January
1, 2006 through May 15, 2006
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CURRENT MARKET CONDITIONS: January
1, 2006 - May 15, 2006 |
Price
Ranges |
No.Sales
Last 16 Months |
Absorption
Rate Per Month* |
No.
Homes
Available |
No.
Months
Of Inventory** |
Market
Condition*** |
| $100,000
- $149,999 |
0 |
– |
0 |
– |
– |
| $150,000
- $199,999 |
0 |
– |
0 |
– |
– |
| $200,000
- $249,999 |
0 |
– |
0 |
– |
– |
$250,000
- $299,999
|
0 |
– |
0 |
– |
– |
$300,000
- $349,999
|
0 |
– |
0 |
– |
– |
$350,000
- $399,999
|
0 |
– |
0 |
– |
– |
| $400,000
- $449,999 |
0 |
– |
0 |
– |
– |
| $450,000
- $499,999 |
2 |
.36 |
0 |
0.00 |
Neutral |
| $500,000
- $549,999 |
1 |
.18 |
4 |
22.00 |
Buyers |
$550,000
- $599,999
|
2 |
.36 |
5 |
13.75 |
Buyers |
| $600,000
- $649,999 |
3 |
.55 |
2 |
3.67 |
Sellers |
$650,000
- $699,999
|
1 |
.18 |
4 |
22.00 |
Buyers |
$700,000
- $749,999
|
1 |
.18 |
6 |
33.00 |
Buyers |
| $750,000
- $799,999 |
0 |
0.00 |
8 |
- |
Neutral |
| $800,000
- $849,999 |
3 |
.55 |
2 |
3.67 |
Sellers |
$850,000
- $899,999
|
0 |
0.00 |
6 |
– |
Neutral |
| $900,000
- $949,999 |
2 |
.36 |
4 |
11.0 |
Buyers |
$950,000
- $999,999
|
0 |
0.00 |
5 |
– |
Neutral |
$1,000,000
- $1,249,999
|
3 |
.55 |
9 |
16.5 |
Buyers |
$1,250,000
- $1,499,999
|
2 |
.36 |
10 |
27.5 |
Buyers |
| $1,500,000
- $1,749,999 |
2 |
.36 |
5 |
13.75 |
Buyers |
| $1,750,000
- $1,999,999 |
1 |
.15 |
13 |
82.50 |
Buyers |
$2,000,000
- $2,499,999
|
0 |
0.00 |
5 |
– |
Neutral |
| $2,500,000
- $2,999,999 |
1 |
.18 |
10 |
55.00 |
Buyers |
$3,000,000
- $3,499,999
|
1 |
.18 |
5 |
27.5 |
Buyers |
$3,500,000
- $3,999,999
|
0 |
0.00 |
3 |
– |
Neutral |
| $4,000,000
- $4,999,999 |
2 |
.36 |
3 |
8.25 |
Buyers |
| $5,000,000
- $5,999,999 |
1 |
.18 |
6 |
33 |
Buyers |
$6,000,000
- $6,999,999
|
0 |
– |
2 |
– |
Neutral |
| $7,000,000
- $7,999,999 |
0 |
– |
5 |
– |
Neutral |
| $8,000,000
Plus |
0 |
– |
5 |
– |
Neutral |
| How
To Read This Chart |
| *
Absorption rate per month is based
on the last 5.5 months of sales. The number of sales is
divided by 5.5, which gives us the number of houses the
market absorbs per month in any given price range. |
| **
Number months of inventory is how
long it will take to deplete the current inventory based
on the monthly absorption rate. This is a more precise
indicator of market performance than an average-days-on-the-market
calculation, which is always skewed by the length of escrow
and other factors that are not comparable. |
| ***
Current Market Condition is based
on the inventory and the monthly absorption rate. An inventory
of 6 months is a neutral market. Anything less than six
months of inventory is considered a "Sellers"
market; anything more is often considered a "Buyers"
market. In a second home, resort market, however, a Seller's
motivation and flexibility is rarely predicated on inventory
alone. Please contact us for more market information. |
LAKE TAHOE, NV
CONDOS AND TOWNHOMES
CURRENT SALES: January
1, 2006 through May 15, 2006
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CURRENT MARKET CONDITIONS: January
1, 2006 - May 15, 2006 |
Price
Ranges |
No.Sales
Since Jan 1, 2006 |
Absorption
Rate Per Month* |
No.
Homes
Available |
No.
Months
Of Inventory** |
Market
Condition*** |
| $100,000
- $149,999 |
0 |
– |
0 |
– |
– |
| $150,000
- $199,999 |
0 |
– |
0 |
– |
– |
| $200,000
- $249,999 |
0 |
– |
0 |
– |
– |
$250,000
- $299,999
|
0 |
– |
0 |
– |
– |
$300,000
- $349,999
|
1 |
.18 |
1 |
5.5 |
Sellers |
$350,000
- $399,999
|
2 |
.36 |
0
|
– |
– |
$400,000
- $449,999
|
1 |
.18 |
0 |
– |
– |
| $450,000
- $499,999 |
1 |
.18 |
0 |
– |
– |
| $500,000
- $549,999 |
4 |
.73 |
4 |
1.38 |
Sellers |
$550,000
- $599,999
|
1 |
.18 |
0 |
– |
– |
| $600,000
- $649,999 |
0 |
– |
0 |
– |
– |
$650,000
- $699,999
|
1 |
.18 |
1 |
5.5 |
Sellers |
$700,000
- $749,999
|
2 |
.36 |
0 |
– |
– |
| $750,000
- $799,999 |
0 |
– |
1 |
– |
| $800,000
- $849,999 |
1 |
.18 |
0 |
– |
– |
$850,000
- $899,999
|
0 |
– |
0 |
– |
– |
| $900,000
- $949,999 |
0 |
– |
0 |
– |
– |
$950,000
- $999,999
|
0 |
– |
0 |
– |
– |
$1,000,000
- $1,249,999
|
0 |
– |
0 |
– |
– |
$1,250,000
- $1,499,999
|
1 |
.18 |
0 |
– |
– |
| $1,500,000
- $1,749,999 |
0 |
– |
0 |
– |
– |
| $1,750,000
- $1,999,999 |
0 |
– |
0 |
– |
– |
| $2,000,000
Plus |
0 |
– |
0 |
– |
– |
|
| How
To Read This Chart |
| *
Absorption rate per month is based
on the first 5.5 months this year. The number of sales is
divided by the number of months, which gives us the number of houses the
market absorbs per month in any given price range. |
| **
Number months of inventory is how
long it will take to deplete the current inventory based
on the monthly absorption rate. This is a more precise
indicator of market performance than an average-days-on-the-market
calculation, which is always skewed by the length of escrow
and other factors that are not comparable. |
| ***
Current Market Condition is based
on the inventory and the monthly absorption rate. An inventory
of 6 months is a neutral market. Anything less than six
months of inventory is considered a "Sellers"
market; anything more is often considered a "Buyer's
market. In a second home/resort market, however, a Seller's
motivation and flexibility is rarely predicated on inventory
alone. Please contact us for more market information. |
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