CA Weekly Market Update

February 2, 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 Activity continues to improve with an additional 5 sales for a total of 17 for 2009.  Active Listings is up by 2  for a total of 384 and Pending sales is up by 6 for a total of 58.  The ratio between Active and Pending listings is down slightly from 13.6% to 13.1% in a period of one week.   As of 2/13/08, the Active listings were at 374 and Pending sales at 46 for a 11% ratio.

Listings per Status

 

Area Market Survey

 

Listings as of 02/02/09 at 7:15pm

Active
Listing Price Range  Quantity      Average DOM  
$100,000 thru $119,999 1 48  
$140,000 thru $159,999 1 217  
$160,000 thru $179,999 1 28  
$180,000 thru $199,999 7 77  
$200,000 thru $249,999 13 156  
$250,000 thru $299,999 24 179  
$300,000 thru $349,999 40 164  
$350,000 thru $399,999 36 138  
$400,000 thru $449,999 26 228  
$450,000 thru $499,999 23 194  
$500,000 thru $549,999 17 244  
$550,000 thru $599,999 30 226  
$600,000 thru $649,999 14 165  
$650,000 thru $699,999 31 136  
$700,000 thru $749,999 6 103  
$750,000 thru $799,999 13 177  
$800,000 thru $849,999 10 158  
$850,000 thru $899,999 9 221  
$900,000 thru $949,999 4 249  
$950,000 thru $999,999 15 200  
$1,000,000 thru $1,249,999 18 199  
$1,250,000 thru $1,499,999 14 213  
$1,500,000 thru $1,749,999 8 202  
$1,750,000 thru $1,999,999 4 394  
$2,000,000 thru $2,249,999 3 232  
$2,250,000 thru $2,499,999 5 119  
$2,500,000 thru $2,749,999 3 126  
$2,750,000 thru $2,999,999 1 3  
$3,000,000 thru $3,249,999 1 144  
$3,250,000 thru $3,499,999 1 249  
$3,500,000 thru $3,749,999 1 236  
$4,750,000 thru $4,999,999 1 46  
$5,000,000 thru $5,999,999 1 188  
$6,000,000 thru $6,999,999 1 937  
$7,000,000 thru $7,999,999 1 255  
  384 184  
 
Summary Price Information
Minimum  $100,000 Maximum  $7,560,000
Average  $758,687 Median  $558,250
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 02/02/09 at 7:15pm

Pending
Listing Price Range  Quantity      Average DOM  
$160,000 thru $179,999 2 173  
$180,000 thru $199,999 1 33  
$200,000 thru $249,999 9 67  
$250,000 thru $299,999 9 151  
$300,000 thru $349,999 7 106  
$350,000 thru $399,999 7 173  
$400,000 thru $449,999 6 320  
$450,000 thru $499,999 2 168  
$500,000 thru $549,999 5 398  
$550,000 thru $599,999 1 177  
$600,000 thru $649,999 2 280  
$650,000 thru $699,999 2 134  
$750,000 thru $799,999 1 105  
$800,000 thru $849,999 1 327  
$850,000 thru $899,999 1 259  
$1,250,000 thru $1,499,999 2 173  
  58 182  
 
Summary Price Information
Minimum  $169,000 Maximum  $1,350,000
Average  $422,677 Median  $355,450

Sold
Selling Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 64  
$160,000 thru $179,999 1 173  
$180,000 thru $199,999 1 114  
$200,000 thru $249,999 2 141  
$250,000 thru $299,999 3 76  
$300,000 thru $349,999 2 163  
$350,000 thru $399,999 2 110  
$400,000 thru $449,999 2 80  
$450,000 thru $499,999 2 76  
$750,000 thru $799,999 1 78  
  17 106  
 
Summary Price Information
Minimum  $155,000 Maximum  $750,000
Average  $334,782 Median  $302,000
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.

NV Weekly Market Update

February 2, 2009

What you are looking at below are charts and numbers derived from the Northern Nevada Regional Multiple Listing Service for Single Family Homes only for the East Shore.  The reason that I use this segment of the market is that it has the most influence on the general value trends.

The Nevada market is improving again this week.  There are now a total of 4 sales with an Average Sales Price of $539,500 and a Median Sale Price of $526,500 with an Average of 155 Days On Market (DOM).  The Active Listing inventory remained the same at 129 but with an additional 2 more Pending Sales for a total of 10.  This makes the ratio between Active and Pending Listings, 7.2% which is higher than the 5.8% last week.

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $405,000 - $409,999 1 $405,000 $405,000 $405,000 137
      $415,000 - $419,999 1 $415,000 $415,000 $415,000 133
      $430,000 - $434,999 1 $430,000 $430,000 $430,000 12
      $445,000 - $449,999 2 $898,000 $449,000 $449,000 96
      $475,000 - $479,999 1 $479,000 $479,000 $479,000 296
      $500,000 - $504,999 2 $1,000,000 $500,000 $500,000 110
      $515,000 - $519,999 1 $519,000 $519,000 $519,000 14
      $525,000 - $529,999 1 $529,000 $529,000 $529,000 126
      $535,000 - $539,999 1 $539,900 $539,900 $539,900 47
      $550,000 - $554,999 2 $1,104,900 $552,450 $552,450 175
      $555,000 - $559,999 1 $555,000 $555,000 $555,000 296
      $560,000 - $564,999 1 $560,000 $560,000 $560,000 37
      $565,000 - $569,999 1 $565,000 $565,000 $565,000 473
      $570,000 - $574,999 1 $573,000 $573,000 $573,000 64
      $585,000 - $589,999 2 $1,174,000 $587,000 $587,000 222
      $595,000 - $599,999 3 $1,793,000 $597,667 $599,000 221
      $625,000 - $629,999 1 $625,000 $625,000 $625,000 15
      $635,000 - $639,999 1 $639,000 $639,000 $639,000 108
      $645,000 - $649,999 1 $645,000 $645,000 $645,000 301
      $685,000 - $689,999 2 $1,378,500 $689,250 $689,250 171
      $695,000 - $699,999 2 $1,394,000 $697,000 $697,000 141
      $700,000 - $704,999 1 $700,000 $700,000 $700,000 276
      $715,000 - $719,999 1 $719,000 $719,000 $719,000 122
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 204
      $750,000 - $754,999 2 $1,500,000 $750,000 $750,000 208
      $795,000 - $799,999 1 $795,057 $795,057 $795,057 606
      $845,000 - $849,999 3 $2,543,999 $848,000 $849,000 90
      $975,000 - $979,999 1 $975,000 $975,000 $975,000 220
      $985,000 - $989,999 1 $989,000 $989,000 $989,000 368
      $995,000 - $999,999 3 $2,989,000 $996,333 $995,000 248
      $1,085,000 - $1,089,999 1 $1,088,000 $1,088,000 $1,088,000 141
      $1,090,000 - $1,094,999 2 $2,180,000 $1,090,000 $1,090,000 398
      $1,095,000 - $1,099,999 2 $2,190,000 $1,095,000 $1,095,000 360
      $1,145,000 - $1,149,999 1 $1,145,000 $1,145,000 $1,145,000 168
      $1,195,000 - $1,199,999 1 $1,195,000 $1,195,000 $1,195,000 503
      $1,200,000 - $1,204,999 1 $1,200,000 $1,200,000 $1,200,000 553
      $1,245,000 - $1,249,999 2 $2,498,000 $1,249,000 $1,249,000 262
      $1,250,000 - $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 260
      $1,295,000 - $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 124
      $1,385,000 - $1,389,999 1 $1,385,000 $1,385,000 $1,385,000 535
      $1,395,000 - $1,399,999 1 $1,399,000 $1,399,000 $1,399,000 203
      $1,445,000 - $1,449,999 1 $1,449,000 $1,449,000 $1,449,000 81
      $1,495,000 - $1,499,999 2 $2,994,000 $1,497,000 $1,497,000 420
      $1,600,000 - $1,604,999 1 $1,600,000 $1,600,000 $1,600,000 79
      $1,750,000 - $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 45
      $1,790,000 - $1,794,999 1 $1,790,000 $1,790,000 $1,790,000 172
      $1,795,000 - $1,799,999 2 $3,590,000 $1,795,000 $1,795,000 462
      $1,900,000 - $1,904,999 2 $3,800,000 $1,900,000 $1,900,000 319
      $1,995,000 - $1,999,999 2 $3,990,000 $1,995,000 $1,995,000 285
      $2,100,000 - $2,104,999 2 $4,200,000 $2,100,000 $2,100,000 592
      $2,275,000 - $2,279,999 1 $2,275,000 $2,275,000 $2,275,000 431
      $2,295,000 - $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 286
      $2,300,000 - $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 234
      $2,345,000 - $2,349,999 1 $2,345,000 $2,345,000 $2,345,000 265
      $2,450,000 - $2,454,999 1 $2,450,000 $2,450,000 $2,450,000 90
      $2,455,000 - $2,459,999 1 $2,459,000 $2,459,000 $2,459,000 217
      $2,495,000 - $2,499,999 1 $2,495,000 $2,495,000 $2,495,000 104
      $2,550,000 - $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 687
      $2,580,000 - $2,584,999 1 $2,580,000 $2,580,000 $2,580,000 207
      $2,595,000 - $2,599,999 1 $2,595,000 $2,595,000 $2,595,000 400
      $2,700,000 - $2,704,999 1 $2,700,000 $2,700,000 $2,700,000 154
      $2,750,000 - $2,754,999 3 $8,250,000 $2,750,000 $2,750,000 340
      $2,795,000 - $2,799,999 1 $2,798,000 $2,798,000 $2,798,000 684
      $2,995,000 - $2,999,999 2 $5,994,000 $2,997,000 $2,997,000 613
      $3,495,000 - $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 250
      $3,800,000 - $3,804,999 1 $3,800,000 $3,800,000 $3,800,000 503
      $3,995,000 - $3,999,999 2 $7,994,999 $3,997,500 $3,997,500 196
      $4,495,000 - $4,499,999 3 $13,485,000 $4,495,000 $4,495,000 438
      $4,750,000 - $4,754,999 1 $4,750,000 $4,750,000 $4,750,000 76
      $4,950,000 - $4,954,999 2 $9,900,000 $4,950,000 $4,950,000 651
      $5,250,000 - $5,254,999 1 $5,250,000 $5,250,000 $5,250,000 614
      $5,295,000 - $5,299,999 1 $5,295,000 $5,295,000 $5,295,000 183
      $5,400,000 - $5,404,999 1 $5,400,000 $5,400,000 $5,400,000 285
      $5,595,000 - $5,599,999 1 $5,595,000 $5,595,000 $5,595,000 258
      $5,950,000 - $5,954,999 2 $11,900,000 $5,950,000 $5,950,000 375
      $5,995,000 - $5,999,999 2 $11,990,000 $5,995,000 $5,995,000 385
      $6,500,000 - $6,504,999 1 $6,500,000 $6,500,000 $6,500,000 74
      $7,495,000 - $7,499,999 1 $7,495,000 $7,495,000 $7,495,000 577
      $7,750,000 - $7,754,999 1 $7,750,000 $7,750,000 $7,750,000 82
      $9,495,000 - $9,499,999 1 $9,495,000 $9,495,000 $9,495,000 595
      $11,250,000 - $11,254,999 1 $11,250,000 $11,250,000 $11,250,000 539
      $32,500,000 - $32,504,999 1 $32,500,000 $32,500,000 $32,500,000 97
      $100,000,000 - $100,004,999 1 $100,000,000 $100,000,000 $100,000,000 864
      Sub Total 113 $378,100,355 $3,346,021 $1,399,000 286
New                
  RESIDENTIAL              
    Residential            
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 3
      $695,000 - $699,999 1 $695,000 $695,000 $695,000 3
      $795,000 - $799,999 1 $795,000 $795,000 $795,000 4
      Sub Total 3 $1,889,000 $629,667 $695,000 3
Extended                
  RESIDENTIAL              
    Residential            
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 872
      $1,395,000 - $1,399,999 1 $1,395,000 $1,395,000 $1,395,000 146
      $1,595,000 - $1,599,999 1 $1,595,000 $1,595,000 $1,595,000 279
      $1,975,000 - $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 186
      $2,495,000 - $2,499,999 1 $2,495,000 $2,495,000 $2,495,000 174
      $5,500,000 - $5,504,999 1 $5,500,000 $5,500,000 $5,500,000 619
      Sub Total 6 $13,709,000 $2,284,833 $1,785,000 379
Price Raised                
  RESIDENTIAL              
    Residential            
      $1,050,000 - $1,054,999 1 $1,050,000 $1,050,000 $1,050,000 214
      Sub Total 1 $1,050,000 $1,050,000 $1,050,000 214
Price Reduced                
  RESIDENTIAL              
    Residential            
      $275,000 - $279,999 1 $279,500 $279,500 $279,500 56
      $385,000 - $389,999 1 $389,250 $389,250 $389,250 113
      $585,000 - $589,999 1 $585,000 $585,000 $585,000 417
      $2,150,000 - $2,154,999 1 $2,150,000 $2,150,000 $2,150,000 19
      $3,400,000 - $3,404,999 1 $3,400,000 $3,400,000 $3,400,000 540
      $5,695,000 - $5,699,999 1 $5,695,000 $5,695,000 $5,695,000 110
      Sub Total 6 $12,498,750 $2,083,125 $1,367,500 209
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $295,000 - $299,999 1 $299,900 $299,900 $299,900 156
      $465,000 - $469,999 1 $465,000 $465,000 $465,000 705
      $725,000 - $729,999 1 $725,000 $725,000 $725,000 137
      $1,785,000 - $1,789,999 1 $1,785,000 $1,785,000 $1,785,000 214
      $4,995,000 - $4,999,999 1 $4,995,000 $4,995,000 $4,995,000 289
      Sub Total 5 $8,269,900 $1,653,980 $725,000 300
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $395,000 - $399,999 1 $399,900 $399,900 $399,900 174
      $475,000 - $479,999 1 $479,000 $479,000 $479,000 203
      $550,000 - $554,999 1 $551,900 $551,900 $551,900 102
      $775,000 - $779,999 1 $775,000 $775,000 $775,000 73
      Sub Total 4 $2,205,800 $551,450 $515,450 138
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $1,495,000 - $1,499,999 1 $1,495,000 $1,495,000 $1,495,000 159
      Sub Total 1 $1,495,000 $1,495,000 $1,495,000 159
SOLD                
  RESIDENTIAL              
    Residential            
      $335,000 - $339,999 1 $335,000 $335,000 $335,000 420
      $450,000 - $454,999 1 $450,000 $450,000 $450,000 6
      $600,000 - $604,999 1 $603,000 $603,000 $603,000 98
      $770,000 - $774,999 1 $770,000 $770,000 $770,000 97
      Sub Total 4 $2,158,000 $539,500 $526,500 155
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $325,000 - $329,999 1 $329,900 $329,900 $329,900 96
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 13
      Sub Total 2 $1,078,900 $539,450 $539,450 55
                 
Grand Totals 145 $422,454,705 $2,913,481 $1,249,000 269

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