CA Weekly Market Update

June 16, 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 has taken a dip this past week as the Active Listings increased by 17 and the Pending Sales has decreased by 3 which brings it down by 1.2% from the previous week.  The completed transactions or Sales is up by 11 for a YTD of 142 with a Median Price of $318,000 and an Average Sales Price of $376,659 and Average Days On Market of 169 Days.  Surprisingly the Median Price is up by 1% and the Average Sales price is down by .8%.  If you look at the Pending Sales, the most activity is occurring in the market has shifted to a lower price bracket which is between $200,000 and $300,000.  The Bank Owned properties are feeding the bottom where the Buyers are the most hungry and showing an appetite.  Let’s hope that appetite continues as interest rates are on the rise!

Listings per Status

 

Area Market Survey

 

Listings as of 06/16/09 at 8:28pm

Active
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 34  
$160,000 thru $179,999 1 88  
$180,000 thru $199,999 7 144  
$200,000 thru $249,999 15 114  
$250,000 thru $299,999 38 156  
$300,000 thru $349,999 40 117  
$350,000 thru $399,999 38 137  
$400,000 thru $449,999 28 161  
$450,000 thru $499,999 37 153  
$500,000 thru $549,999 17 222  
$550,000 thru $599,999 24 158  
$600,000 thru $649,999 10 178  
$650,000 thru $699,999 23 136  
$700,000 thru $749,999 13 120  
$750,000 thru $799,999 20 151  
$800,000 thru $849,999 6 124  
$850,000 thru $899,999 8 180  
$900,000 thru $949,999 3 130  
$950,000 thru $999,999 16 212  
$1,000,000 thru $1,249,999 14 132  
$1,250,000 thru $1,499,999 17 197  
$1,500,000 thru $1,749,999 7 299  
$1,750,000 thru $1,999,999 5 285  
$2,000,000 thru $2,249,999 2 330  
$2,250,000 thru $2,499,999 6 209  
$2,500,000 thru $2,749,999 2 290  
$3,000,000 thru $3,249,999 2 177  
$3,250,000 thru $3,499,999 1 370  
$3,750,000 thru $3,999,999 1 117  
$4,500,000 thru $4,749,999 1 180  
$4,750,000 thru $4,999,999 1 322  
$5,000,000 thru $5,999,999 1 1070  
  405 162  
 
Summary Price Information
Minimum  $149,000 Maximum  $5,950,000
Average  $710,411 Median  $499,000
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 06/16/09 at 8:28pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 2 67  
$160,000 thru $179,999 2 310  
$180,000 thru $199,999 3 159  
$200,000 thru $249,999 10 80  
$250,000 thru $299,999 18 168  
$300,000 thru $349,999 7 185  
$350,000 thru $399,999 12 179  
$400,000 thru $449,999 6 196  
$450,000 thru $499,999 4 44  
$500,000 thru $549,999 5 56  
$550,000 thru $599,999 4 319  
$600,000 thru $649,999 5 228  
$650,000 thru $699,999 1 323  
$700,000 thru $749,999 5 392  
$750,000 thru $799,999 3 97  
$800,000 thru $849,999 1 310  
$850,000 thru $899,999 1 217  
$900,000 thru $949,999 1 404  
$950,000 thru $999,999 2 583  
$1,250,000 thru $1,499,999 2 251  
  94 188  
 
Summary Price Information
Minimum  $148,500 Maximum  $1,395,000
Average  $448,091 Median  $377,450

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 3 109  
$180,000 thru $199,999 7 144  
$200,000 thru $249,999 14 166  
$250,000 thru $299,999 27 144  
$300,000 thru $349,999 26 140  
$350,000 thru $399,999 12 212  
$400,000 thru $449,999 11 162  
$450,000 thru $499,999 8 229  
$500,000 thru $549,999 8 301  
$550,000 thru $599,999 5 210  
$600,000 thru $649,999 5 143  
$700,000 thru $749,999 2 114  
$750,000 thru $799,999 1 78  
$800,000 thru $849,999 3 235  
$900,000 thru $949,999 2 253  
$1,000,000 thru $1,249,999 1 213  
$1,250,000 thru $1,499,999 1 229  
  142 169  
 
Summary Price Information
Minimum  $135,000 Maximum  $1,275,000
Average  $376,659 Median  $318,000
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 Report

June 8, 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 rising for the second consecutive week!  The Active Listing inventory is up by 1, the Pending Sales is up by 4 for a ratio or Market Activity Indicator of 13.9%.  This is up from last week by 2.%.  The completed transactions or Sales for the past week was zero.  The Median Sales price and Average Sales price remain the same at $520,000 and $925,623 respectively.  The four new Pending Sales occurred a between the price bracket of $410,000 and $800,000.  There is life above $400,000!

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $280,000 - $284,999 1 $284,900 $284,900 $284,900 10
      $295,000 - $299,999 1 $295,000 $295,000 $295,000 100
      $350,000 - $354,999 1 $350,000 $350,000 $350,000 256
      $375,000 - $379,999 1 $379,900 $379,900 $379,900 239
      $380,000 - $384,999 1 $384,900 $384,900 $384,900 95
      $385,000 - $389,999 1 $387,500 $387,500 $387,500 69
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 61
      $425,000 - $429,999 2 $850,000 $425,000 $425,000 270
      $535,000 - $539,999 1 $535,000 $535,000 $535,000 190
      $545,000 - $549,999 1 $549,000 $549,000 $549,000 252
      $575,000 - $579,999 2 $1,154,000 $577,000 $577,000 161
      $585,000 - $589,999 1 $589,000 $589,000 $589,000 481
      $590,000 - $594,999 2 $1,188,000 $594,000 $594,000 24
      $595,000 - $599,999 7 $4,189,475 $598,496 $599,000 127
      $625,000 - $629,999 1 $625,000 $625,000 $625,000 141
      $640,000 - $644,999 1 $644,000 $644,000 $644,000 129
      $645,000 - $649,999 2 $1,290,000 $645,000 $645,000 338
      $675,000 - $679,999 1 $675,000 $675,000 $675,000 318
      $685,000 - $689,999 1 $689,500 $689,500 $689,500 311
      $745,000 - $749,999 2 $1,494,900 $747,450 $747,450 524
      $750,000 - $754,999 1 $750,000 $750,000 $750,000 350
      $775,000 - $779,999 1 $775,000 $775,000 $775,000 74
      $795,000 - $799,999 3 $2,389,057 $796,352 $795,057 350
      $845,000 - $849,999 1 $849,999 $849,999 $849,999 211
      $875,000 - $879,999 1 $875,000 $875,000 $875,000 20
      $895,000 - $899,999 5 $4,480,500 $896,100 $895,000 269
      $925,000 - $929,999 1 $925,000 $925,000 $925,000 243
      $960,000 - $964,999 1 $960,000 $960,000 $960,000 628
      $975,000 - $979,999 1 $975,000 $975,000 $975,000 346
      $995,000 - $999,999 2 $1,990,000 $995,000 $995,000 248
      $1,085,000 - $1,089,999 1 $1,088,000 $1,088,000 $1,088,000 267
      $1,095,000 - $1,099,999 1 $1,095,000 $1,095,000 $1,095,000 860
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 43
      $1,190,000 - $1,194,999 1 $1,190,000 $1,190,000 $1,190,000 51
      $1,195,000 - $1,199,999 2 $2,394,000 $1,197,000 $1,197,000 524
      $1,200,000 - $1,204,999 1 $1,200,000 $1,200,000 $1,200,000 679
      $1,245,000 - $1,249,999 1 $1,249,000 $1,249,000 $1,249,000 357
      $1,250,000 - $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 386
      $1,295,000 - $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 676
      $1,300,000 - $1,304,999 2 $2,600,000 $1,300,000 $1,300,000 297
      $1,350,000 - $1,354,999 1 $1,350,000 $1,350,000 $1,350,000 75
      $1,365,000 - $1,369,999 1 $1,365,000 $1,365,000 $1,365,000 329
      $1,375,000 - $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 272
      $1,385,000 - $1,389,999 1 $1,385,000 $1,385,000 $1,385,000 661
      $1,395,000 - $1,399,999 1 $1,399,000 $1,399,000 $1,399,000 524
      $1,400,000 - $1,404,999 1 $1,400,000 $1,400,000 $1,400,000 172
      $1,500,000 - $1,504,999 1 $1,500,000 $1,500,000 $1,500,000 803
      $1,600,000 - $1,604,999 1 $1,600,000 $1,600,000 $1,600,000 205
      $1,695,000 - $1,699,999 2 $3,390,000 $1,695,000 $1,695,000 142
      $1,750,000 - $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 171
      $1,775,000 - $1,779,999 1 $1,775,000 $1,775,000 $1,775,000 373
      $1,795,000 - $1,799,999 1 $1,795,000 $1,795,000 $1,795,000 6
      $1,950,000 - $1,954,999 1 $1,950,000 $1,950,000 $1,950,000 32
      $1,975,000 - $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 312
      $1,995,000 - $1,999,999 1 $1,999,000 $1,999,000 $1,999,000 48
      $2,095,000 - $2,099,999 1 $2,095,000 $2,095,000 $2,095,000 412
      $2,100,000 - $2,104,999 1 $2,100,000 $2,100,000 $2,100,000 719
      $2,125,000 - $2,129,999 1 $2,125,000 $2,125,000 $2,125,000 385
      $2,150,000 - $2,154,999 1 $2,150,000 $2,150,000 $2,150,000 145
      $2,190,000 - $2,194,999 1 $2,190,000 $2,190,000 $2,190,000 333
      $2,200,000 - $2,204,999 1 $2,200,000 $2,200,000 $2,200,000 230
      $2,275,000 - $2,279,999 1 $2,275,000 $2,275,000 $2,275,000 557
      $2,295,000 - $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 300
      $2,300,000 - $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 20
      $2,345,000 - $2,349,999 1 $2,345,000 $2,345,000 $2,345,000 391
      $2,400,000 - $2,404,999 1 $2,400,000 $2,400,000 $2,400,000 1326
      $2,455,000 - $2,459,999 1 $2,459,000 $2,459,000 $2,459,000 343
      $2,490,000 - $2,494,999 1 $2,490,000 $2,490,000 $2,490,000 405
      $2,495,000 - $2,499,999 1 $2,495,000 $2,495,000 $2,495,000 810
      $2,550,000 - $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 12
      $2,595,000 - $2,599,999 2 $5,194,000 $2,597,000 $2,597,000 568
      $2,795,000 - $2,799,999 1 $2,795,000 $2,795,000 $2,795,000 40
      $2,900,000 - $2,904,999 1 $2,900,000 $2,900,000 $2,900,000 44
      $2,995,000 - $2,999,999 1 $2,999,000 $2,999,000 $2,999,000 152
      $3,300,000 - $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 666
      $3,495,000 - $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 376
      $3,500,000 - $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 309
      $3,800,000 - $3,804,999 1 $3,800,000 $3,800,000 $3,800,000 629
      $3,950,000 - $3,954,999 1 $3,950,000 $3,950,000 $3,950,000 113
      $3,990,000 - $3,994,999 1 $3,990,000 $3,990,000 $3,990,000 939
      $3,995,000 - $3,999,999 1 $3,995,000 $3,995,000 $3,995,000 77
      $4,495,000 - $4,499,999 1 $4,495,000 $4,495,000 $4,495,000 340
      $4,680,000 - $4,684,999 1 $4,680,000 $4,680,000 $4,680,000 31
      $4,700,000 - $4,704,999 1 $4,700,000 $4,700,000 $4,700,000 24
      $4,750,000 - $4,754,999 1 $4,750,000 $4,750,000 $4,750,000 202
      $4,950,000 - $4,954,999 4 $19,800,000 $4,950,000 $4,950,000 600
      $4,995,000 - $4,999,999 2 $9,990,000 $4,995,000 $4,995,000 423
      $5,300,000 - $5,304,999 1 $5,300,000 $5,300,000 $5,300,000 83
      $5,500,000 - $5,504,999 1 $5,500,000 $5,500,000 $5,500,000 105
      $5,695,000 - $5,699,999 1 $5,695,000 $5,695,000 $5,695,000 413
      $5,900,000 - $5,904,999 1 $5,900,000 $5,900,000 $5,900,000 200
      $5,950,000 - $5,954,999 1 $5,950,000 $5,950,000 $5,950,000 284
      $6,495,000 - $6,499,999 1 $6,495,000 $6,495,000 $6,495,000 703
      $7,750,000 - $7,754,999 1 $7,750,000 $7,750,000 $7,750,000 208
      $9,750,000 - $9,754,999 1 $9,750,000 $9,750,000 $9,750,000 665
      $19,250,000 - $19,254,999 1 $19,250,000 $19,250,000 $19,250,000 223
      Sub Total 122 $266,784,631 $2,186,759 $1,357,500 309
New                
  RESIDENTIAL              
    Residential            
      $1,950,000 - $1,954,999 1 $1,950,000 $1,950,000 $1,950,000 4
      $2,785,000 - $2,789,999 1 $2,785,000 $2,785,000 $2,785,000 146
      $4,775,000 - $4,779,999 1 $4,778,000 $4,778,000 $4,778,000 3
      $4,975,000 - $4,979,999 1 $4,975,000 $4,975,000 $4,975,000 1
      $7,975,000 - $7,979,999 1 $7,975,000 $7,975,000 $7,975,000 4
      Sub Total 5 $22,463,000 $4,492,600 $4,778,000 32
Extended                
  RESIDENTIAL              
    Residential            
      $100,000,000 - $100,004,999 1 $100,000,000 $100,000,000 $100,000,000 990
      Sub Total 1 $100,000,000 $100,000,000 $100,000,000 990
Price Reduced                
  RESIDENTIAL              
    Residential            
      $795,000 - $799,999 1 $799,000 $799,000 $799,000 175
      $925,000 - $929,999 1 $925,000 $925,000 $925,000 53
      Sub Total 2 $1,724,000 $862,000 $862,000 114
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $415,000 - $419,999 1 $415,000 $415,000 $415,000 223
      $595,000 - $599,999 1 $599,500 $599,500 $599,500 88
      $975,000 - $979,999 1 $979,000 $979,000 $979,000 33
      $3,490,000 - $3,494,999 1 $3,490,000 $3,490,000 $3,490,000 85
      Sub Total 4 $5,483,500 $1,370,875 $789,250 107
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $230,000 - $234,999 1 $232,155 $232,155 $232,155 45
      $275,000 - $279,999 1 $279,900 $279,900 $279,900 67
      $360,000 - $364,999 1 $360,000 $360,000 $360,000 117
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 79
      $410,000 - $414,999 1 $410,900 $410,900 $410,900 201
      $555,000 - $559,999 1 $555,000 $555,000 $555,000 422
      $595,000 - $599,999 1 $595,000 $595,000 $595,000 11
      $795,000 - $799,999 1 $795,000 $795,000 $795,000 84
      Sub Total 8 $3,626,955 $453,369 $404,950 128
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $500,000 - $504,999 2 $1,000,000 $500,000 $500,000 236
      $535,000 - $539,999 1 $539,000 $539,000 $539,000 264
      $550,000 - $554,999 1 $550,000 $550,000 $550,000 222
      $555,000 - $559,999 1 $559,000 $559,000 $559,000 543
      $650,000 - $654,999 1 $650,000 $650,000 $650,000 740
      $840,000 - $844,999 1 $840,000 $840,000 $840,000 90
      $1,995,000 - $1,999,999 1 $1,995,000 $1,995,000 $1,995,000 12
      Sub Total 8 $6,133,000 $766,625 $554,500 293
SOLD                
  RESIDENTIAL              
    Residential            
      $180,000 - $184,999 1 $181,900 $181,900 $181,900 34
      $250,000 - $254,999 1 $250,000 $250,000 $250,000 93
      $280,000 - $284,999 1 $280,000 $280,000 $280,000 224
      $325,000 - $329,999 1 $327,500 $327,500 $327,500 119
      $335,000 - $339,999 1 $335,000 $335,000 $335,000 420
      $355,000 - $359,999 2 $715,910 $357,955 $357,955 155
      $375,000 - $379,999 1 $375,000 $375,000 $375,000 55
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 41
      $435,000 - $439,999 1 $439,000 $439,000 $439,000 131
      $450,000 - $454,999 2 $900,000 $450,000 $450,000 60
      $500,000 - $504,999 1 $500,000 $500,000 $500,000 49
      $510,000 - $514,999 1 $510,000 $510,000 $510,000 557
      $515,000 - $519,999 1 $515,000 $515,000 $515,000 74
      $520,000 - $524,999 1 $520,000 $520,000 $520,000 50
      $540,000 - $544,999 1 $542,000 $542,000 $542,000 161
      $545,000 - $549,999 1 $545,000 $545,000 $545,000 20
      $575,000 - $579,999 1 $575,000 $575,000 $575,000 86
      $600,000 - $604,999 1 $603,000 $603,000 $603,000 98
      $625,000 - $629,999 1 $629,000 $629,000 $629,000 83
      $630,000 - $634,999 1 $630,000 $630,000 $630,000 349
      $705,000 - $709,999 1 $705,999 $705,999 $705,999 203
      $715,000 - $719,999 1 $715,000 $715,000 $715,000 102
      $770,000 - $774,999 1 $770,000 $770,000 $770,000 97
      $780,000 - $784,999 1 $781,000 $781,000 $781,000 102
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 53
      $1,625,000 - $1,629,999 1 $1,625,000 $1,625,000 $1,625,000 270
      $4,200,000 - $4,204,999 1 $4,200,000 $4,200,000 $4,200,000 321
      $4,225,000 - $4,229,999 1 $4,225,000 $4,225,000 $4,225,000 634
      $4,800,000 - $4,804,999 1 $4,800,000 $4,800,000 $4,800,000 267
      Sub Total 31 $28,694,309 $925,623 $520,000 165
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 139
      Sub Total 1 $749,000 $749,000 $749,000 139
                 
Grand Totals 182 $435,658,395 $2,393,727 $967,500 265

CA Weekly Market Report

June 8, 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 sizzling hot market still remains hot!  The Active Listing inventory is up by 8 and the Pending Sales is up by 3 for a Market Activity Ratio of 20% which is down by 4.7% from last week.  This is due mostly to a rise in the Active Listing inventory.  The number of completed transactions or sales is up by 2 for a YTD total of 131 with a Median Price of $315,000, Average Sales Price of $379,581 and Average Days On Market of 167.  The variance in the Median Sales Price and the Average Sales price is down by .6% and .9% respectively.  Last year at this time the Market Activity Indicator was 11.3% with 47 less Pending Sales.  Most of the Sales Activity is ocurring in the $250,000 to $350,000 bracket and the new inventory seems to be keeping pace with replacement.

Listings per Status

 

Area Market Survey

 

Listings as of 06/08/09 at 9:06pm

Active
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 26  
$160,000 thru $179,999 1 80  
$180,000 thru $199,999 4 79  
$200,000 thru $249,999 14 118  
$250,000 thru $299,999 38 147  
$300,000 thru $349,999 37 123  
$350,000 thru $399,999 31 155  
$400,000 thru $449,999 25 163  
$450,000 thru $499,999 39 145  
$500,000 thru $549,999 19 190  
$550,000 thru $599,999 27 154  
$600,000 thru $649,999 11 162  
$650,000 thru $699,999 18 153  
$700,000 thru $749,999 16 128  
$750,000 thru $799,999 17 153  
$800,000 thru $849,999 6 116  
$850,000 thru $899,999 9 191  
$900,000 thru $949,999 3 122  
$950,000 thru $999,999 16 204  
$1,000,000 thru $1,249,999 12 145  
$1,250,000 thru $1,499,999 16 201  
$1,500,000 thru $1,749,999 7 291  
$1,750,000 thru $1,999,999 5 277  
$2,000,000 thru $2,249,999 2 322  
$2,250,000 thru $2,499,999 4 238  
$2,500,000 thru $2,749,999 2 171  
$2,750,000 thru $2,999,999 1 129  
$3,000,000 thru $3,249,999 2 169  
$3,250,000 thru $3,499,999 1 362  
$3,750,000 thru $3,999,999 1 109  
$4,500,000 thru $4,749,999 1 172  
$4,750,000 thru $4,999,999 1 314  
$5,000,000 thru $5,999,999 1 1062  
  388 161  
 
Summary Price Information
Minimum  $149,000 Maximum  $5,950,000
Average  $716,411 Median  $519,450
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 06/08/09 at 9:06pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 2 59  
$160,000 thru $179,999 2 302  
$180,000 thru $199,999 5 202  
$200,000 thru $249,999 9 110  
$250,000 thru $299,999 17 196  
$300,000 thru $349,999 11 133  
$350,000 thru $399,999 13 197  
$400,000 thru $449,999 5 190  
$450,000 thru $499,999 4 140  
$500,000 thru $549,999 6 101  
$550,000 thru $599,999 5 314  
$600,000 thru $649,999 4 192  
$650,000 thru $699,999 1 315  
$700,000 thru $749,999 3 456  
$750,000 thru $799,999 3 89  
$800,000 thru $849,999 1 302  
$850,000 thru $899,999 1 209  
$900,000 thru $949,999 1 396  
$950,000 thru $999,999 2 575  
$1,250,000 thru $1,499,999 2 243  
  97 196  
 
Summary Price Information
Minimum  $148,500 Maximum  $1,395,000
Average  $436,614 Median  $369,000

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 3 109  
$180,000 thru $199,999 6 104  
$200,000 thru $249,999 13 166  
$250,000 thru $299,999 26 138  
$300,000 thru $349,999 22 150  
$350,000 thru $399,999 11 228  
$400,000 thru $449,999 11 162  
$450,000 thru $499,999 5 194  
$500,000 thru $549,999 8 301  
$550,000 thru $599,999 5 210  
$600,000 thru $649,999 5 143  
$700,000 thru $749,999 2 114  
$750,000 thru $799,999 1 78  
$800,000 thru $849,999 3 235  
$900,000 thru $949,999 2 253  
$1,000,000 thru $1,249,999 1 213  
$1,250,000 thru $1,499,999 1 229  
  131 167  
 
Summary Price Information
Minimum  $135,000 Maximum  $1,275,000
Average  $379,581 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.

NV Weekly Market Update

June 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.

Nevada saw a slight increase in the Market Activity Ratio.  Active Listings is up by 5, Pending Sales is up by 2 for a Market Activity Ratio of 11.6% which is up .8% from last week.  Completed Transactions or Sales is up by 1 for a YTD of 31 sales with a Median Price of $520,000, Average Price of $925,623 and Average Days on Market (DOM) of 165.  This is a downward variance of 2.4% and 2.1% respectively.  The NV market is showing some continued downward movement in value as indicated in the Average and Median prices.  I suspect that NV will continue to see these values come down before we see any signs of stablization.  Of course a million plus sale will blow those indicators out of the water at any time, which is likely in this market.

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $295,000 - $299,999 1 $295,000 $295,000 $295,000 94
      $350,000 - $354,999 1 $350,000 $350,000 $350,000 250
      $375,000 - $379,999 1 $379,900 $379,900 $379,900 233
      $380,000 - $384,999 1 $384,900 $384,900 $384,900 89
      $385,000 - $389,999 1 $387,500 $387,500 $387,500 63
      $395,000 - $399,999 2 $798,000 $399,000 $399,000 64
      $410,000 - $414,999 1 $410,900 $410,900 $410,900 195
      $425,000 - $429,999 2 $850,000 $425,000 $425,000 264
      $545,000 - $549,999 1 $549,000 $549,000 $549,000 246
      $575,000 - $579,999 2 $1,154,000 $577,000 $577,000 155
      $585,000 - $589,999 1 $589,000 $589,000 $589,000 475
      $590,000 - $594,999 2 $1,188,000 $594,000 $594,000 18
      $595,000 - $599,999 6 $3,590,475 $598,413 $599,000 130
      $625,000 - $629,999 1 $625,000 $625,000 $625,000 135
      $640,000 - $644,999 1 $644,000 $644,000 $644,000 123
      $645,000 - $649,999 2 $1,290,000 $645,000 $645,000 332
      $675,000 - $679,999 1 $675,000 $675,000 $675,000 312
      $685,000 - $689,999 1 $689,500 $689,500 $689,500 305
      $745,000 - $749,999 2 $1,494,900 $747,450 $747,450 518
      $750,000 - $754,999 1 $750,000 $750,000 $750,000 344
      $775,000 - $779,999 1 $775,000 $775,000 $775,000 68
      $795,000 - $799,999 3 $2,385,057 $795,019 $795,000 367
      $845,000 - $849,999 2 $1,694,999 $847,500 $847,500 187
      $875,000 - $879,999 1 $875,000 $875,000 $875,000 14
      $895,000 - $899,999 4 $3,584,000 $896,000 $895,000 324
      $925,000 - $929,999 1 $925,000 $925,000 $925,000 237
      $960,000 - $964,999 1 $960,000 $960,000 $960,000 622
      $965,000 - $969,999 1 $965,000 $965,000 $965,000 47
      $975,000 - $979,999 1 $975,000 $975,000 $975,000 340
      $995,000 - $999,999 2 $1,990,000 $995,000 $995,000 242
      $1,085,000 - $1,089,999 1 $1,088,000 $1,088,000 $1,088,000 261
      $1,095,000 - $1,099,999 1 $1,095,000 $1,095,000 $1,095,000 854
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 37
      $1,195,000 - $1,199,999 2 $2,394,000 $1,197,000 $1,197,000 518
      $1,245,000 - $1,249,999 1 $1,249,000 $1,249,000 $1,249,000 351
      $1,250,000 - $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 380
      $1,295,000 - $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 670
      $1,300,000 - $1,304,999 2 $2,600,000 $1,300,000 $1,300,000 291
      $1,350,000 - $1,354,999 1 $1,350,000 $1,350,000 $1,350,000 69
      $1,365,000 - $1,369,999 1 $1,365,000 $1,365,000 $1,365,000 323
      $1,385,000 - $1,389,999 1 $1,385,000 $1,385,000 $1,385,000 655
      $1,395,000 - $1,399,999 1 $1,399,000 $1,399,000 $1,399,000 518
      $1,400,000 - $1,404,999 1 $1,400,000 $1,400,000 $1,400,000 166
      $1,500,000 - $1,504,999 1 $1,500,000 $1,500,000 $1,500,000 797
      $1,695,000 - $1,699,999 2 $3,390,000 $1,695,000 $1,695,000 136
      $1,750,000 - $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 165
      $1,950,000 - $1,954,999 1 $1,950,000 $1,950,000 $1,950,000 26
      $1,975,000 - $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 306
      $1,995,000 - $1,999,999 1 $1,999,000 $1,999,000 $1,999,000 42
      $2,095,000 - $2,099,999 1 $2,095,000 $2,095,000 $2,095,000 406
      $2,100,000 - $2,104,999 1 $2,100,000 $2,100,000 $2,100,000 713
      $2,125,000 - $2,129,999 1 $2,125,000 $2,125,000 $2,125,000 379
      $2,150,000 - $2,154,999 1 $2,150,000 $2,150,000 $2,150,000 139
      $2,190,000 - $2,194,999 1 $2,190,000 $2,190,000 $2,190,000 327
      $2,200,000 - $2,204,999 1 $2,200,000 $2,200,000 $2,200,000 224
      $2,275,000 - $2,279,999 1 $2,275,000 $2,275,000 $2,275,000 551
      $2,295,000 - $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 294
      $2,300,000 - $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 14
      $2,345,000 - $2,349,999 1 $2,345,000 $2,345,000 $2,345,000 385
      $2,400,000 - $2,404,999 1 $2,400,000 $2,400,000 $2,400,000 1320
      $2,455,000 - $2,459,999 1 $2,459,000 $2,459,000 $2,459,000 337
      $2,490,000 - $2,494,999 1 $2,490,000 $2,490,000 $2,490,000 399
      $2,495,000 - $2,499,999 1 $2,495,000 $2,495,000 $2,495,000 804
      $2,595,000 - $2,599,999 2 $5,194,000 $2,597,000 $2,597,000 562
      $2,795,000 - $2,799,999 1 $2,795,000 $2,795,000 $2,795,000 34
      $2,900,000 - $2,904,999 1 $2,900,000 $2,900,000 $2,900,000 38
      $2,995,000 - $2,999,999 1 $2,999,000 $2,999,000 $2,999,000 146
      $3,300,000 - $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 660
      $3,495,000 - $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 370
      $3,500,000 - $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 303
      $3,800,000 - $3,804,999 1 $3,800,000 $3,800,000 $3,800,000 623
      $3,950,000 - $3,954,999 1 $3,950,000 $3,950,000 $3,950,000 107
      $3,990,000 - $3,994,999 1 $3,990,000 $3,990,000 $3,990,000 933
      $3,995,000 - $3,999,999 1 $3,995,000 $3,995,000 $3,995,000 71
      $4,495,000 - $4,499,999 1 $4,495,000 $4,495,000 $4,495,000 334
      $4,680,000 - $4,684,999 1 $4,680,000 $4,680,000 $4,680,000 25
      $4,700,000 - $4,704,999 1 $4,700,000 $4,700,000 $4,700,000 18
      $4,750,000 - $4,754,999 1 $4,750,000 $4,750,000 $4,750,000 196
      $4,950,000 - $4,954,999 4 $19,800,000 $4,950,000 $4,950,000 594
      $4,995,000 - $4,999,999 2 $9,990,000 $4,995,000 $4,995,000 417
      $5,300,000 - $5,304,999 1 $5,300,000 $5,300,000 $5,300,000 77
      $5,500,000 - $5,504,999 1 $5,500,000 $5,500,000 $5,500,000 99
      $5,695,000 - $5,699,999 1 $5,695,000 $5,695,000 $5,695,000 407
      $5,900,000 - $5,904,999 1 $5,900,000 $5,900,000 $5,900,000 194
      $5,950,000 - $5,954,999 1 $5,950,000 $5,950,000 $5,950,000 278
      $6,495,000 - $6,499,999 1 $6,495,000 $6,495,000 $6,495,000 697
      $9,750,000 - $9,754,999 1 $9,750,000 $9,750,000 $9,750,000 659
      $19,250,000 - $19,254,999 1 $19,250,000 $19,250,000 $19,250,000 217
      $100,000,000 - $100,004,999 1 $100,000,000 $100,000,000 $100,000,000 984
      Sub Total 115 $347,850,131 $3,024,784 $1,300,000 318
New                
  RESIDENTIAL              
    Residential            
      $280,000 - $284,999 1 $284,900 $284,900 $284,900 4
      $595,000 - $599,999 1 $595,000 $595,000 $595,000 5
      $795,000 - $799,999 1 $799,000 $799,000 $799,000 8
      $1,795,000 - $1,799,999 1 $1,795,000 $1,795,000 $1,795,000 0
      $2,550,000 - $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 6
      Sub Total 5 $6,023,900 $1,204,780 $799,000 5
Extended                
  RESIDENTIAL              
    Residential            
      $535,000 - $539,999 1 $535,000 $535,000 $535,000 184
      $1,200,000 - $1,204,999 1 $1,200,000 $1,200,000 $1,200,000 673
      $1,375,000 - $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 266
      $1,600,000 - $1,604,999 1 $1,600,000 $1,600,000 $1,600,000 199
      $7,750,000 - $7,754,999 1 $7,750,000 $7,750,000 $7,750,000 202
      Sub Total 5 $12,460,000 $2,492,000 $1,375,000 305
Price Raised                
  RESIDENTIAL              
    Residential            
      $1,190,000 - $1,194,999 1 $1,190,000 $1,190,000 $1,190,000 45
      Sub Total 1 $1,190,000 $1,190,000 $1,190,000 45
Price Reduced                
  RESIDENTIAL              
    Residential            
      $595,000 - $599,999 1 $599,000 $599,000 $599,000 69
      $895,000 - $899,999 1 $896,500 $896,500 $896,500 21
      $1,775,000 - $1,779,999 1 $1,775,000 $1,775,000 $1,775,000 367
      Sub Total 3 $3,270,500 $1,090,167 $896,500 152
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $415,000 - $419,999 1 $415,000 $415,000 $415,000 217
      $595,000 - $599,999 1 $599,500 $599,500 $599,500 82
      $975,000 - $979,999 1 $979,000 $979,000 $979,000 27
      $3,490,000 - $3,494,999 1 $3,490,000 $3,490,000 $3,490,000 79
      Sub Total 4 $5,483,500 $1,370,875 $789,250 101
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $230,000 - $234,999 1 $232,155 $232,155 $232,155 39
      $275,000 - $279,999 1 $279,900 $279,900 $279,900 61
      $360,000 - $364,999 1 $360,000 $360,000 $360,000 111
      $555,000 - $559,999 1 $555,000 $555,000 $555,000 416
      Sub Total 4 $1,427,055 $356,764 $319,950 157
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $500,000 - $504,999 2 $1,000,000 $500,000 $500,000 230
      $535,000 - $539,999 1 $539,000 $539,000 $539,000 258
      $550,000 - $554,999 1 $550,000 $550,000 $550,000 216
      $555,000 - $559,999 1 $559,000 $559,000 $559,000 537
      $650,000 - $654,999 1 $650,000 $650,000 $650,000 734
      $840,000 - $844,999 1 $840,000 $840,000 $840,000 84
      $1,995,000 - $1,999,999 1 $1,995,000 $1,995,000 $1,995,000 6
      Sub Total 8 $6,133,000 $766,625 $554,500 287
SOLD                
  RESIDENTIAL              
    Residential            
      $180,000 - $184,999 1 $181,900 $181,900 $181,900 34
      $250,000 - $254,999 1 $250,000 $250,000 $250,000 93
      $280,000 - $284,999 1 $280,000 $280,000 $280,000 224
      $325,000 - $329,999 1 $327,500 $327,500 $327,500 119
      $335,000 - $339,999 1 $335,000 $335,000 $335,000 420
      $355,000 - $359,999 2 $715,910 $357,955 $357,955 155
      $375,000 - $379,999 1 $375,000 $375,000 $375,000 55
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 41
      $435,000 - $439,999 1 $439,000 $439,000 $439,000 131
      $450,000 - $454,999 2 $900,000 $450,000 $450,000 60
      $500,000 - $504,999 1 $500,000 $500,000 $500,000 49
      $510,000 - $514,999 1 $510,000 $510,000 $510,000 557
      $515,000 - $519,999 1 $515,000 $515,000 $515,000 74
      $520,000 - $524,999 1 $520,000 $520,000 $520,000 50
      $540,000 - $544,999 1 $542,000 $542,000 $542,000 161
      $545,000 - $549,999 1 $545,000 $545,000 $545,000 20
      $575,000 - $579,999 1 $575,000 $575,000 $575,000 86
      $600,000 - $604,999 1 $603,000 $603,000 $603,000 98
      $625,000 - $629,999 1 $629,000 $629,000 $629,000 83
      $630,000 - $634,999 1 $630,000 $630,000 $630,000 349
      $705,000 - $709,999 1 $705,999 $705,999 $705,999 203
      $715,000 - $719,999 1 $715,000 $715,000 $715,000 102
      $770,000 - $774,999 1 $770,000 $770,000 $770,000 97
      $780,000 - $784,999 1 $781,000 $781,000 $781,000 102
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 53
      $1,625,000 - $1,629,999 1 $1,625,000 $1,625,000 $1,625,000 270
      $4,200,000 - $4,204,999 1 $4,200,000 $4,200,000 $4,200,000 321
      $4,225,000 - $4,229,999 1 $4,225,000 $4,225,000 $4,225,000 634
      $4,800,000 - $4,804,999 1 $4,800,000 $4,800,000 $4,800,000 267
      Sub Total 31 $28,694,309 $925,623 $520,000 165
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 133
      Sub Total 1 $749,000 $749,000 $749,000 133
                 
Grand Totals 177 $413,281,395 $2,334,923 $925,000 266
Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $295,000 - $299,999 1 $295,000 $295,000 $295,000 94
      $350,000 - $354,999 1 $350,000 $350,000 $350,000 250
      $375,000 - $379,999 1 $379,900 $379,900 $379,900 233
      $380,000 - $384,999 1 $384,900 $384,900 $384,900 89
      $385,000 - $389,999 1 $387,500 $387,500 $387,500 63
      $395,000 - $399,999 2 $798,000 $399,000 $399,000 64
      $410,000 - $414,999 1 $410,900 $410,900 $410,900 195
      $425,000 - $429,999 2 $850,000 $425,000 $425,000 264
      $545,000 - $549,999 1 $549,000 $549,000 $549,000 246
      $575,000 - $579,999 2 $1,154,000 $577,000 $577,000 155
      $585,000 - $589,999 1 $589,000 $589,000 $589,000 475
      $590,000 - $594,999 2 $1,188,000 $594,000 $594,000 18
      $595,000 - $599,999 6 $3,590,475 $598,413 $599,000 130
      $625,000 - $629,999 1 $625,000 $625,000 $625,000 135
      $640,000 - $644,999 1 $644,000 $644,000 $644,000 123
      $645,000 - $649,999 2 $1,290,000 $645,000 $645,000 332
      $675,000 - $679,999 1 $675,000 $675,000 $675,000 312
      $685,000 - $689,999 1 $689,500 $689,500 $689,500 305
      $745,000 - $749,999 2 $1,494,900 $747,450 $747,450 518
      $750,000 - $754,999 1 $750,000 $750,000 $750,000 344
      $775,000 - $779,999 1 $775,000 $775,000 $775,000 68
      $795,000 - $799,999 3 $2,385,057 $795,019 $795,000 367
      $845,000 - $849,999 2 $1,694,999 $847,500 $847,500 187
      $875,000 - $879,999 1 $875,000 $875,000 $875,000 14
      $895,000 - $899,999 4 $3,584,000 $896,000 $895,000 324
      $925,000 - $929,999 1 $925,000 $925,000 $925,000 237
      $960,000 - $964,999 1 $960,000 $960,000 $960,000 622
      $965,000 - $969,999 1 $965,000 $965,000 $965,000 47
      $975,000 - $979,999 1 $975,000 $975,000 $975,000 340
      $995,000 - $999,999 2 $1,990,000 $995,000 $995,000 242
      $1,085,000 - $1,089,999 1 $1,088,000 $1,088,000 $1,088,000 261
      $1,095,000 - $1,099,999 1 $1,095,000 $1,095,000 $1,095,000 854
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 37
      $1,195,000 - $1,199,999 2 $2,394,000 $1,197,000 $1,197,000 518
      $1,245,000 - $1,249,999 1 $1,249,000 $1,249,000 $1,249,000 351
      $1,250,000 - $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 380
      $1,295,000 - $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 670
      $1,300,000 - $1,304,999 2 $2,600,000 $1,300,000 $1,300,000 291
      $1,350,000 - $1,354,999 1 $1,350,000 $1,350,000 $1,350,000 69
      $1,365,000 - $1,369,999 1 $1,365,000 $1,365,000 $1,365,000 323
      $1,385,000 - $1,389,999 1 $1,385,000 $1,385,000 $1,385,000 655
      $1,395,000 - $1,399,999 1 $1,399,000 $1,399,000 $1,399,000 518
      $1,400,000 - $1,404,999 1 $1,400,000 $1,400,000 $1,400,000 166
      $1,500,000 - $1,504,999 1 $1,500,000 $1,500,000 $1,500,000 797
      $1,695,000 - $1,699,999 2 $3,390,000 $1,695,000 $1,695,000 136
      $1,750,000 - $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 165
      $1,950,000 - $1,954,999 1 $1,950,000 $1,950,000 $1,950,000 26
      $1,975,000 - $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 306
      $1,995,000 - $1,999,999 1 $1,999,000 $1,999,000 $1,999,000 42
      $2,095,000 - $2,099,999 1 $2,095,000 $2,095,000 $2,095,000 406
      $2,100,000 - $2,104,999 1 $2,100,000 $2,100,000 $2,100,000 713
      $2,125,000 - $2,129,999 1 $2,125,000 $2,125,000 $2,125,000 379
      $2,150,000 - $2,154,999 1 $2,150,000 $2,150,000 $2,150,000 139
      $2,190,000 - $2,194,999 1 $2,190,000 $2,190,000 $2,190,000 327
      $2,200,000 - $2,204,999 1 $2,200,000 $2,200,000 $2,200,000 224
      $2,275,000 - $2,279,999 1 $2,275,000 $2,275,000 $2,275,000 551
      $2,295,000 - $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 294
      $2,300,000 - $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 14
      $2,345,000 - $2,349,999 1 $2,345,000 $2,345,000 $2,345,000 385
      $2,400,000 - $2,404,999 1 $2,400,000 $2,400,000 $2,400,000 1320
      $2,455,000 - $2,459,999 1 $2,459,000 $2,459,000 $2,459,000 337
      $2,490,000 - $2,494,999 1 $2,490,000 $2,490,000 $2,490,000 399
      $2,495,000 - $2,499,999 1 $2,495,000 $2,495,000 $2,495,000 804
      $2,595,000 - $2,599,999 2 $5,194,000 $2,597,000 $2,597,000 562
      $2,795,000 - $2,799,999 1 $2,795,000 $2,795,000 $2,795,000 34
      $2,900,000 - $2,904,999 1 $2,900,000 $2,900,000 $2,900,000 38
      $2,995,000 - $2,999,999 1 $2,999,000 $2,999,000 $2,999,000 146
      $3,300,000 - $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 660
      $3,495,000 - $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 370
      $3,500,000 - $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 303
      $3,800,000 - $3,804,999 1 $3,800,000 $3,800,000 $3,800,000 623
      $3,950,000 - $3,954,999 1 $3,950,000 $3,950,000 $3,950,000 107
      $3,990,000 - $3,994,999 1 $3,990,000 $3,990,000 $3,990,000 933
      $3,995,000 - $3,999,999 1 $3,995,000 $3,995,000 $3,995,000 71
      $4,495,000 - $4,499,999 1 $4,495,000 $4,495,000 $4,495,000 334
      $4,680,000 - $4,684,999 1 $4,680,000 $4,680,000 $4,680,000 25
      $4,700,000 - $4,704,999 1 $4,700,000 $4,700,000 $4,700,000 18
      $4,750,000 - $4,754,999 1 $4,750,000 $4,750,000 $4,750,000 196
      $4,950,000 - $4,954,999 4 $19,800,000 $4,950,000 $4,950,000 594
      $4,995,000 - $4,999,999 2 $9,990,000 $4,995,000 $4,995,000 417
      $5,300,000 - $5,304,999 1 $5,300,000 $5,300,000 $5,300,000 77
      $5,500,000 - $5,504,999 1 $5,500,000 $5,500,000 $5,500,000 99
      $5,695,000 - $5,699,999 1 $5,695,000 $5,695,000 $5,695,000 407
      $5,900,000 - $5,904,999 1 $5,900,000 $5,900,000 $5,900,000 194
      $5,950,000 - $5,954,999 1 $5,950,000 $5,950,000 $5,950,000 278
      $6,495,000 - $6,499,999 1 $6,495,000 $6,495,000 $6,495,000 697
      $9,750,000 - $9,754,999 1 $9,750,000 $9,750,000 $9,750,000 659
      $19,250,000 - $19,254,999 1 $19,250,000 $19,250,000 $19,250,000 217
      $100,000,000 - $100,004,999 1 $100,000,000 $100,000,000 $100,000,000 984
      Sub Total 115 $347,850,131 $3,024,784 $1,300,000 318
New                
  RESIDENTIAL              
    Residential            
      $280,000 - $284,999 1 $284,900 $284,900 $284,900 4
      $595,000 - $599,999 1 $595,000 $595,000 $595,000 5
      $795,000 - $799,999 1 $799,000 $799,000 $799,000 8
      $1,795,000 - $1,799,999 1 $1,795,000 $1,795,000 $1,795,000 0
      $2,550,000 - $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 6
      Sub Total 5 $6,023,900 $1,204,780 $799,000 5
Extended                
  RESIDENTIAL              
    Residential            
      $535,000 - $539,999 1 $535,000 $535,000 $535,000 184
      $1,200,000 - $1,204,999 1 $1,200,000 $1,200,000 $1,200,000 673
      $1,375,000 - $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 266
      $1,600,000 - $1,604,999 1 $1,600,000 $1,600,000 $1,600,000 199
      $7,750,000 - $7,754,999 1 $7,750,000 $7,750,000 $7,750,000 202
      Sub Total 5 $12,460,000 $2,492,000 $1,375,000 305
Price Raised                
  RESIDENTIAL              
    Residential            
      $1,190,000 - $1,194,999 1 $1,190,000 $1,190,000 $1,190,000 45
      Sub Total 1 $1,190,000 $1,190,000 $1,190,000 45
Price Reduced                
  RESIDENTIAL              
    Residential            
      $595,000 - $599,999 1 $599,000 $599,000 $599,000 69
      $895,000 - $899,999 1 $896,500 $896,500 $896,500 21
      $1,775,000 - $1,779,999 1 $1,775,000 $1,775,000 $1,775,000 367
      Sub Total 3 $3,270,500 $1,090,167 $896,500 152
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $415,000 - $419,999 1 $415,000 $415,000 $415,000 217
      $595,000 - $599,999 1 $599,500 $599,500 $599,500 82
      $975,000 - $979,999 1 $979,000 $979,000 $979,000 27
      $3,490,000 - $3,494,999 1 $3,490,000 $3,490,000 $3,490,000 79
      Sub Total 4 $5,483,500 $1,370,875 $789,250 101
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $230,000 - $234,999 1 $232,155 $232,155 $232,155 39
      $275,000 - $279,999 1 $279,900 $279,900 $279,900 61
      $360,000 - $364,999 1 $360,000 $360,000 $360,000 111
      $555,000 - $559,999 1 $555,000 $555,000 $555,000 416
      Sub Total 4 $1,427,055 $356,764 $319,950 157
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $500,000 - $504,999 2 $1,000,000 $500,000 $500,000 230
      $535,000 - $539,999 1 $539,000 $539,000 $539,000 258
      $550,000 - $554,999 1 $550,000 $550,000 $550,000 216
      $555,000 - $559,999 1 $559,000 $559,000 $559,000 537
      $650,000 - $654,999 1 $650,000 $650,000 $650,000 734
      $840,000 - $844,999 1 $840,000 $840,000 $840,000 84
      $1,995,000 - $1,999,999 1 $1,995,000 $1,995,000 $1,995,000 6
      Sub Total 8 $6,133,000 $766,625 $554,500 287
SOLD                
  RESIDENTIAL              
    Residential            
      $180,000 - $184,999 1 $181,900 $181,900 $181,900 34
      $250,000 - $254,999 1 $250,000 $250,000 $250,000 93
      $280,000 - $284,999 1 $280,000 $280,000 $280,000 224
      $325,000 - $329,999 1 $327,500 $327,500 $327,500 119
      $335,000 - $339,999 1 $335,000 $335,000 $335,000 420
      $355,000 - $359,999 2 $715,910 $357,955 $357,955 155
      $375,000 - $379,999 1 $375,000 $375,000 $375,000 55
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 41
      $435,000 - $439,999 1 $439,000 $439,000 $439,000 131
      $450,000 - $454,999 2 $900,000 $450,000 $450,000 60
      $500,000 - $504,999 1 $500,000 $500,000 $500,000 49
      $510,000 - $514,999 1 $510,000 $510,000 $510,000 557
      $515,000 - $519,999 1 $515,000 $515,000 $515,000 74
      $520,000 - $524,999 1 $520,000 $520,000 $520,000 50
      $540,000 - $544,999 1 $542,000 $542,000 $542,000 161
      $545,000 - $549,999 1 $545,000 $545,000 $545,000 20
      $575,000 - $579,999 1 $575,000 $575,000 $575,000 86
      $600,000 - $604,999 1 $603,000 $603,000 $603,000 98
      $625,000 - $629,999 1 $629,000 $629,000 $629,000 83
      $630,000 - $634,999 1 $630,000 $630,000 $630,000 349
      $705,000 - $709,999 1 $705,999 $705,999 $705,999 203
      $715,000 - $719,999 1 $715,000 $715,000 $715,000 102
      $770,000 - $774,999 1 $770,000 $770,000 $770,000 97
      $780,000 - $784,999 1 $781,000 $781,000 $781,000 102
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 53
      $1,625,000 - $1,629,999 1 $1,625,000 $1,625,000 $1,625,000 270
      $4,200,000 - $4,204,999 1 $4,200,000 $4,200,000 $4,200,000 321
      $4,225,000 - $4,229,999 1 $4,225,000 $4,225,000 $4,225,000 634
      $4,800,000 - $4,804,999 1 $4,800,000 $4,800,000 $4,800,000 267
      Sub Total 31 $28,694,309 $925,623 $520,000 165
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 133
      Sub Total 1 $749,000 $749,000 $749,000 133
                 
Grand Totals 177 $413,281,395 $2,334,923 $925,000 266

CA Weekly Market Update

June 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 CA market activity continues to stay strong.  The Market Activity Ratio is up by 4.2% from last week.  This is the ratio of Active Listings to Pending Sales which gives a thumb pulse of the market activity that we are experiencing now instead of 3 months ago.  Active Listings is down by 4, Pending Sales is down by 5 for a Market Activity Ratio of 24.7%.  Completed Transactions or Sales is up by 10 for a YTD of 129 with the Median Sales Price at $318,000, Average Sales Price at $381,981 and Average Days On Market (DOM) 171.  The variance Median and Average sales is only slightly down this past week.  In fact it hasn’t changed much in the last 5 weeks.  Could this be another sign of stablization or the bottom of the market being defined? The inventory appears to be leveling as well.  Take a look at the stats for yourself!
 
Listings per Status

Area Market Survey

 

Listings as of 06/02/09 at 9:43pm

Active
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 1 20  
$180,000 thru $199,999 4 90  
$200,000 thru $249,999 9 134  
$250,000 thru $299,999 36 155  
$300,000 thru $349,999 35 126  
$350,000 thru $399,999 32 160  
$400,000 thru $449,999 24 189  
$450,000 thru $499,999 41 136  
$500,000 thru $549,999 18 193  
$550,000 thru $599,999 28 149  
$600,000 thru $649,999 12 169  
$650,000 thru $699,999 17 156  
$700,000 thru $749,999 15 131  
$750,000 thru $799,999 17 162  
$800,000 thru $849,999 7 124  
$850,000 thru $899,999 9 202  
$900,000 thru $949,999 3 116  
$950,000 thru $999,999 16 199  
$1,000,000 thru $1,249,999 11 148  
$1,250,000 thru $1,499,999 16 197  
$1,500,000 thru $1,749,999 8 277  
$1,750,000 thru $1,999,999 5 271  
$2,000,000 thru $2,249,999 2 316  
$2,250,000 thru $2,499,999 4 232  
$2,500,000 thru $2,749,999 2 165  
$2,750,000 thru $2,999,999 1 123  
$3,000,000 thru $3,249,999 2 163  
$3,250,000 thru $3,499,999 1 356  
$3,750,000 thru $3,999,999 1 103  
$4,500,000 thru $4,749,999 1 166  
$4,750,000 thru $4,999,999 1 308  
$5,000,000 thru $5,999,999 1 1056  
  380 165  
 
Summary Price Information
Minimum  $149,000 Maximum  $5,950,000
Average  $728,114 Median  $529,000
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 06/02/09 at 9:43pm

Pending
Listing Price Range  Quantity      Average DOM  
$140,000 thru $159,999 3 86  
$160,000 thru $179,999 2 296  
$180,000 thru $199,999 5 198  
$200,000 thru $249,999 9 111  
$250,000 thru $299,999 19 184  
$300,000 thru $349,999 10 132  
$350,000 thru $399,999 13 198  
$400,000 thru $449,999 5 184  
$450,000 thru $499,999 3 175  
$500,000 thru $549,999 5 107  
$550,000 thru $599,999 4 355  
$600,000 thru $649,999 3 143  
$650,000 thru $699,999 1 309  
$700,000 thru $749,999 3 450  
$750,000 thru $799,999 2 104  
$800,000 thru $849,999 1 296  
$850,000 thru $899,999 1 203  
$900,000 thru $949,999 1 390  
$950,000 thru $999,999 2 569  
$1,250,000 thru $1,499,999 2 237  
  94 196  
 
Summary Price Information
Minimum  $148,500 Maximum  $1,395,000
Average  $422,847 Median  $349,700

Sold
Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 1 102  
$140,000 thru $159,999 4 61  
$160,000 thru $179,999 3 109  
$180,000 thru $199,999 6 104  
$200,000 thru $249,999 13 166  
$250,000 thru $299,999 26 155  
$300,000 thru $349,999 21 150  
$350,000 thru $399,999 11 228  
$400,000 thru $449,999 11 162  
$450,000 thru $499,999 5 194  
$500,000 thru $549,999 8 301  
$550,000 thru $599,999 5 210  
$600,000 thru $649,999 5 143  
$700,000 thru $749,999 2 114  
$750,000 thru $799,999 1 78  
$800,000 thru $849,999 3 235  
$900,000 thru $949,999 2 253  
$1,000,000 thru $1,249,999 1 213  
$1,250,000 thru $1,499,999 1 229  
  129 171  
 
Summary Price Information
Minimum  $135,000 Maximum  $1,275,000
Average  $381,981 Median  $318,000
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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