Browse >
Home / Archive: December 2009
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.
For current Buyer market activity, I like to track the Market Activity Ratio which is the relationship between Active Listings (Inventory) and Pending Sales (Escrows). This past week we saw the Market Activity Ratio increase slightly from 16.2% to 16.6% which was due to the Active Listings increasing by one as the Pending Sales increased by one.
This past week there were 2 new Sales at $237,500 and $499,000 for a YTD of 128 sales. This increased the Median Sales Price by 2% to $412,500 and decreased the Average Sales Price by .3% to $783,115. The Average Days On Market is 199 days.
| Status |
Class |
Type |
Area |
No. of Listings |
Dollar Volume |
Average Price |
Median Price |
Average DOM |
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Active Listings |
197 |
$433,157,650 |
$2,198,770 |
$798,000 |
318 |
| Listings Under Contract |
2 |
$258,800 |
$129,400 |
$129,400 |
26 |
| Listings Sold 2009 |
128 |
$100,238,666 |
$783,115 |
$412,500 |
199 |
| |
|
|
|
|
|
|
|
|
| ACTIVE |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
32 |
$10,801,900 |
$337,559 |
$277,000 |
294 |
| |
|
|
Upper Kingsbury |
8 |
$6,586,500 |
$823,313 |
$587,000 |
329 |
| |
|
|
Mid Kingsbury |
8 |
$9,653,000 |
$1,206,625 |
$1,325,000 |
340 |
| |
|
|
Lower Kingsbury |
4 |
$7,024,000 |
$1,756,000 |
$1,572,500 |
166 |
| |
|
|
Lincoln Park |
2 |
$2,194,000 |
$1,097,000 |
$1,097,000 |
272 |
| |
|
|
Lake Village |
10 |
$4,587,000 |
$458,700 |
$432,000 |
255 |
| |
|
|
Round Hill |
13 |
$13,212,999 |
$1,016,385 |
$749,000 |
402 |
| |
|
|
Elk Point |
2 |
$3,840,000 |
$1,920,000 |
$1,920,000 |
108 |
| |
|
|
Pinewild/Marla |
7 |
$6,759,554 |
$965,651 |
$647,777 |
350 |
| |
|
|
Zephyr Heights/Knolls |
6 |
$6,877,000 |
$1,146,167 |
$1,022,000 |
415 |
| |
|
|
Zephyr Cove |
2 |
$4,299,900 |
$2,149,950 |
$2,149,950 |
447 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
10 |
$10,136,000 |
$1,013,600 |
$1,081,500 |
199 |
| |
|
|
Hidden Woods |
2 |
$3,770,000 |
$1,885,000 |
$1,885,000 |
178 |
| |
|
|
Upper & Lower Lakeridge - LT |
5 |
$5,013,500 |
$1,002,700 |
$1,095,000 |
319 |
| |
|
|
Cave Rock |
9 |
$20,852,000 |
$2,316,889 |
$2,550,000 |
518 |
| |
|
|
Logan/Cedarbrok |
3 |
$8,089,000 |
$2,696,333 |
$2,399,000 |
824 |
| |
|
|
Glenbrk/Uppaway |
17 |
$73,580,500 |
$4,328,265 |
$4,495,000 |
287 |
| |
|
|
Lakefront Propt |
18 |
$202,222,500 |
$11,234,583 |
$4,972,500 |
404 |
| |
|
|
Sub Total |
158 |
$399,499,353 |
$2,528,477 |
$1,097,000 |
336 |
| New |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
1 |
$129,900 |
$129,900 |
$129,900 |
2 |
| |
|
|
Round Hill |
1 |
$500,000 |
$500,000 |
$500,000 |
2 |
| |
|
|
Glenbrk/Uppaway |
1 |
$3,550,000 |
$3,550,000 |
$3,550,000 |
1 |
| |
|
|
Sub Total |
3 |
$4,179,900 |
$1,393,300 |
$500,000 |
2 |
| Back On Market |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Upper Kingsbury |
1 |
$425,000 |
$425,000 |
$425,000 |
542 |
| |
|
|
Sub Total |
1 |
$425,000 |
$425,000 |
$425,000 |
542 |
| Price Reduced |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Mid Kingsbury |
1 |
$399,000 |
$399,000 |
$399,000 |
160 |
| |
|
|
Zephyr Heights/Knolls |
1 |
$419,000 |
$419,000 |
$419,000 |
382 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
1 |
$1,100,000 |
$1,100,000 |
$1,100,000 |
657 |
| |
|
|
Upper & Lower Lakeridge - LT |
1 |
$995,000 |
$995,000 |
$995,000 |
2 |
| |
|
|
Sub Total |
4 |
$2,913,000 |
$728,250 |
$707,000 |
300 |
| Active/Pending-Call |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
1 |
$399,000 |
$399,000 |
$399,000 |
124 |
| |
|
|
Round Hill |
1 |
$1,850,000 |
$1,850,000 |
$1,850,000 |
332 |
| |
|
|
Lakefront Propt |
1 |
$6,495,000 |
$6,495,000 |
$6,495,000 |
901 |
| |
|
|
Sub Total |
3 |
$8,744,000 |
$2,914,667 |
$1,850,000 |
452 |
| Active/Pending-Loan |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
1 |
$209,900 |
$209,900 |
$209,900 |
131 |
| |
|
|
Upper Kingsbury |
2 |
$623,900 |
$311,950 |
$311,950 |
110 |
| |
|
|
Lower Kingsbury |
1 |
$475,000 |
$475,000 |
$475,000 |
110 |
| |
|
|
Lake Village |
1 |
$249,900 |
$249,900 |
$249,900 |
48 |
| |
|
|
Round Hill |
3 |
$2,274,997 |
$758,332 |
$499,000 |
142 |
| |
|
|
Zephyr Heights/Knolls |
2 |
$1,289,000 |
$644,500 |
$644,500 |
468 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
1 |
$595,000 |
$595,000 |
$595,000 |
99 |
| |
|
|
Cave Rock |
1 |
$798,000 |
$798,000 |
$798,000 |
159 |
| |
|
|
Glenbrk/Uppaway |
1 |
$1,050,000 |
$1,050,000 |
$1,050,000 |
584 |
| |
|
|
Sub Total |
13 |
$7,565,697 |
$581,977 |
$499,000 |
209 |
| Active/Pending-Short Sale |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
2 |
$498,900 |
$249,450 |
$249,450 |
397 |
| |
|
|
Upper Kingsbury |
4 |
$3,209,800 |
$802,450 |
$364,950 |
207 |
| |
|
|
Mid Kingsbury |
2 |
$830,000 |
$415,000 |
$415,000 |
291 |
| |
|
|
Lower Kingsbury |
1 |
$239,000 |
$239,000 |
$239,000 |
89 |
| |
|
|
Kahle Park |
1 |
$279,000 |
$279,000 |
$279,000 |
298 |
| |
|
|
Lake Village |
1 |
$279,000 |
$279,000 |
$279,000 |
50 |
| |
|
|
Round Hill |
1 |
$425,000 |
$425,000 |
$425,000 |
96 |
| |
|
|
Pinewild/Marla |
1 |
$425,000 |
$425,000 |
$425,000 |
219 |
| |
|
|
Cave Rock |
1 |
$1,395,000 |
$1,395,000 |
$1,395,000 |
210 |
| |
|
|
Lakefront Propt |
1 |
$2,250,000 |
$2,250,000 |
$2,250,000 |
597 |
| |
|
|
Sub Total |
15 |
$9,830,700 |
$655,380 |
$335,000 |
251 |
| SOLD |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
30 |
$6,236,350 |
$207,878 |
$180,250 |
209 |
| |
|
|
Upper Kingsbury |
16 |
$9,474,810 |
$592,176 |
$379,000 |
156 |
| |
|
|
Mid Kingsbury |
8 |
$8,231,386 |
$1,028,923 |
$791,500 |
313 |
| |
|
|
Lower Kingsbury |
10 |
$4,535,800 |
$453,580 |
$345,000 |
109 |
| |
|
|
Kahle Park |
1 |
$181,900 |
$181,900 |
$181,900 |
34 |
| |
|
|
Lake Village |
9 |
$3,252,000 |
$361,333 |
$290,000 |
130 |
| |
|
|
Round Hill |
10 |
$5,668,999 |
$566,900 |
$547,500 |
97 |
| |
|
|
Elk Point |
1 |
$715,000 |
$715,000 |
$715,000 |
102 |
| |
|
|
Pinewild/Marla |
5 |
$2,530,000 |
$506,000 |
$500,000 |
207 |
| |
|
|
Zephyr Heights/Knolls |
9 |
$4,009,800 |
$445,533 |
$450,000 |
129 |
| |
|
|
Zephyr Cove |
2 |
$1,225,000 |
$612,500 |
$612,500 |
78 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
7 |
$4,988,500 |
$712,643 |
$756,000 |
170 |
| |
|
|
Hidden Woods |
2 |
$3,515,000 |
$1,757,500 |
$1,757,500 |
565 |
| |
|
|
Upper & Lower Lakeridge - LT |
2 |
$1,701,900 |
$850,950 |
$850,950 |
41 |
| |
|
|
Cave Rock |
5 |
$2,997,221 |
$599,444 |
$455,000 |
337 |
| |
|
|
Glenbrk/Uppaway |
4 |
$8,450,000 |
$2,112,500 |
$1,925,000 |
266 |
| |
|
|
Lakefront Propt |
7 |
$32,525,000 |
$4,646,429 |
$4,225,000 |
469 |
| |
|
|
Sub Total |
128 |
$100,238,666 |
$783,115 |
$412,500 |
199 |
| PENDING-No Show |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
2 |
$258,800 |
$129,400 |
$129,400 |
26 |
| |
|
|
Sub Total |
2 |
$258,800 |
$129,400 |
$129,400 |
26 |
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
To find the pulse of Buyer Activity on the market within the past week, I like to track the Market Activity Ratio which is the relationship between Active Listings (Inventory) and Pending Sales (Escrows). This past week we saw the Active Listings decrease by 7 and the Pending Sales increase by 1 to give us an increased Market Activity Ratio from 21.9% to 22.4%.
This past week we saw 10 new Sales for a YTD of 445 Sales. One sale was above $450,000 and that was in Montgomery Estates for $585,000. These sales did not move the Median Sales Price which is currently at $314,000 but it did slightly decrease the Average Sales Price by .3% to $388,007. The Average Days On Market is 161 days.
| Listings per Status |
%20Status_Pie.series(Active,357;%20Pending,103;%20Sold,445;Other,0)total.setText(Total:%20905)@_GIF) |
Area Market Survey
|
| Listings as of 12/23/09 at 11:19am |
| Active |
| Listing Price Range |
Quantity |
Average DOM |
|
| $80,000 thru $89,999 |
1 |
14 |
|
| $120,000 thru $139,999 |
4 |
166 |
|
| $140,000 thru $159,999 |
1 |
205 |
|
| $160,000 thru $179,999 |
6 |
163 |
|
| $180,000 thru $199,999 |
7 |
204 |
|
| $200,000 thru $249,999 |
18 |
117 |
|
| $250,000 thru $299,999 |
46 |
159 |
|
| $300,000 thru $349,999 |
48 |
158 |
|
| $350,000 thru $399,999 |
42 |
183 |
|
| $400,000 thru $449,999 |
16 |
204 |
|
| $450,000 thru $499,999 |
21 |
225 |
|
| $500,000 thru $549,999 |
14 |
171 |
|
| $550,000 thru $599,999 |
29 |
217 |
|
| $600,000 thru $649,999 |
4 |
96 |
|
| $650,000 thru $699,999 |
14 |
263 |
|
| $700,000 thru $749,999 |
6 |
127 |
|
| $750,000 thru $799,999 |
7 |
253 |
|
| $800,000 thru $849,999 |
8 |
190 |
|
| $850,000 thru $899,999 |
7 |
248 |
|
| $900,000 thru $949,999 |
2 |
526 |
|
| $950,000 thru $999,999 |
10 |
180 |
|
| $1,000,000 thru $1,249,999 |
12 |
311 |
|
| $1,250,000 thru $1,499,999 |
11 |
265 |
|
| $1,500,000 thru $1,749,999 |
4 |
151 |
|
| $1,750,000 thru $1,999,999 |
5 |
234 |
|
| $2,000,000 thru $2,249,999 |
3 |
183 |
|
| $2,250,000 thru $2,499,999 |
3 |
425 |
|
| $3,250,000 thru $3,499,999 |
2 |
217 |
|
| $3,750,000 thru $3,999,999 |
1 |
110 |
|
| $4,250,000 thru $4,499,999 |
1 |
512 |
|
| $4,500,000 thru $4,749,999 |
2 |
60 |
|
| $5,000,000 thru $5,999,999 |
1 |
1260 |
|
| $10,000,000 or more |
1 |
6 |
|
| |
357 |
196 |
|
|
| |
| Summary Price Information |
| Minimum |
$81,000 |
Maximum |
$12,900,000 |
| Average |
$675,841 |
Median |
$429,000 |
|
| 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 12/23/09 at 11:19am |
| Pending |
| Listing Price Range |
Quantity |
Average DOM |
|
| $60,000 thru $69,999 |
1 |
54 |
|
| $90,000 thru $99,999 |
1 |
169 |
|
| $100,000 thru $119,999 |
2 |
93 |
|
| $140,000 thru $159,999 |
1 |
155 |
|
| $160,000 thru $179,999 |
1 |
118 |
|
| $180,000 thru $199,999 |
6 |
160 |
|
| $200,000 thru $249,999 |
15 |
84 |
|
| $250,000 thru $299,999 |
20 |
142 |
|
| $300,000 thru $349,999 |
12 |
86 |
|
| $350,000 thru $399,999 |
10 |
310 |
|
| $400,000 thru $449,999 |
6 |
328 |
|
| $450,000 thru $499,999 |
6 |
215 |
|
| $500,000 thru $549,999 |
6 |
191 |
|
| $550,000 thru $599,999 |
5 |
207 |
|
| $600,000 thru $649,999 |
2 |
563 |
|
| $650,000 thru $699,999 |
3 |
193 |
|
| $700,000 thru $749,999 |
2 |
203 |
|
| $800,000 thru $849,999 |
1 |
280 |
|
| $850,000 thru $899,999 |
2 |
326 |
|
| $950,000 thru $999,999 |
1 |
416 |
|
| |
103 |
182 |
|
|
| |
| Summary Price Information |
| Minimum |
$67,900 |
Maximum |
$950,000 |
| Average |
$372,877 |
Median |
$324,000 |
|
| 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 |
15 |
124 |
|
| $180,000 thru $199,999 |
21 |
125 |
|
| $200,000 thru $249,999 |
62 |
142 |
|
| $250,000 thru $299,999 |
82 |
143 |
|
| $300,000 thru $349,999 |
59 |
144 |
|
| $350,000 thru $399,999 |
41 |
173 |
|
| $400,000 thru $449,999 |
28 |
169 |
|
| $450,000 thru $499,999 |
25 |
220 |
|
| $500,000 thru $549,999 |
18 |
262 |
|
| $550,000 thru $599,999 |
19 |
171 |
|
| $600,000 thru $649,999 |
13 |
204 |
|
| $650,000 thru $699,999 |
10 |
168 |
|
| $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 |
|
| |
445 |
161 |
|
|
| |
| Summary Price Information |
| Minimum |
$85,000 |
Maximum |
$2,850,000 |
| Average |
$386,815 |
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 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. |
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.
The market is still steady even as we close in on the Holidays. The Market Activity Ratio which is the relationship between the Active Listings (Inventory) and Pending Sales (Escrows) increased from 15.2% to 16.2% this past week. This increased as the Active listings dropped by 8 and the Pening Sales increased by 1.
This past week there were 3 new Sales which were all Condos priced at $125,000, $199,900, and $237,500. This brought down the Median Sales Price by 2.5% to $404,500 and the Average Sales Price by 1.8% to $785,362. The YTD total of Homes and Condos is now at 126 properties. The Average Days On Market is 201 days.
| Status |
Class |
Type |
Area |
No. of Listings |
Dollar Volume |
Average Price |
Median Price |
Average DOM |
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Active Listings |
100 |
$41,288,325 |
$412,883 |
$409,250 |
267 |
| Listings Under Contract |
1 |
$119,800 |
$119,800 |
$119,800 |
30 |
| Listings Sold 2009 |
99 |
$35,884,666 |
$362,471 |
$339,900 |
164 |
| |
|
|
|
|
|
|
|
|
| ACTIVE |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
27 |
$8,746,000 |
$323,926 |
$318,000 |
301 |
| |
|
|
Upper Kingsbury |
6 |
$3,026,500 |
$504,417 |
$477,000 |
299 |
| |
|
|
Mid Kingsbury |
4 |
$1,987,500 |
$496,875 |
$494,250 |
312 |
| |
|
|
Lincoln Park |
1 |
$499,000 |
$499,000 |
$499,000 |
119 |
| |
|
|
Lake Village |
10 |
$4,821,900 |
$482,190 |
$494,250 |
269 |
| |
|
|
Round Hill |
6 |
$3,349,999 |
$558,333 |
$643,000 |
380 |
| |
|
|
Pinewild/Marla |
4 |
$2,220,554 |
$555,139 |
$547,500 |
319 |
| |
|
|
Zephyr Heights/Knolls |
3 |
$1,863,000 |
$621,000 |
$685,000 |
377 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
3 |
$1,843,000 |
$614,333 |
$625,000 |
121 |
| |
|
|
Upper & Lower Lakeridge - LT |
1 |
$499,000 |
$499,000 |
$499,000 |
140 |
| |
|
|
Cave Rock |
2 |
$767,000 |
$383,500 |
$383,500 |
572 |
| |
|
|
Sub Total |
67 |
$29,623,453 |
$442,141 |
$449,000 |
303 |
| New |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
1 |
$197,900 |
$197,900 |
$197,900 |
1 |
| |
|
|
Sub Total |
1 |
$197,900 |
$197,900 |
$197,900 |
1 |
| Extended |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
2 |
$488,000 |
$244,000 |
$244,000 |
347 |
| |
|
|
Round Hill |
1 |
$569,000 |
$569,000 |
$569,000 |
208 |
| |
|
|
Sub Total |
3 |
$1,057,000 |
$352,333 |
$249,000 |
301 |
| Price Reduced |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
2 |
$410,000 |
$205,000 |
$205,000 |
33 |
| |
|
|
Lake Village |
1 |
$375,000 |
$375,000 |
$375,000 |
34 |
| |
|
|
Sub Total |
3 |
$785,000 |
$261,667 |
$285,000 |
33 |
| Active/Pending-Call |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
1 |
$399,000 |
$399,000 |
$399,000 |
118 |
| |
|
|
Sub Total |
1 |
$399,000 |
$399,000 |
$399,000 |
118 |
| Active/Pending-Loan |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
1 |
$209,900 |
$209,900 |
$209,900 |
125 |
| |
|
|
Upper Kingsbury |
2 |
$623,900 |
$311,950 |
$311,950 |
104 |
| |
|
|
Lower Kingsbury |
1 |
$475,000 |
$475,000 |
$475,000 |
104 |
| |
|
|
Lake Village |
1 |
$249,900 |
$249,900 |
$249,900 |
42 |
| |
|
|
Round Hill |
2 |
$924,997 |
$462,499 |
$462,499 |
158 |
| |
|
|
Zephyr Heights/Knolls |
3 |
$1,801,575 |
$600,525 |
$539,000 |
327 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
1 |
$595,000 |
$595,000 |
$595,000 |
93 |
| |
|
|
Sub Total |
11 |
$4,880,272 |
$443,661 |
$475,000 |
170 |
| Active/Pending-Short Sale |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
3 |
$633,900 |
$211,300 |
$199,000 |
321 |
| |
|
|
Upper Kingsbury |
4 |
$1,234,800 |
$308,700 |
$252,450 |
288 |
| |
|
|
Mid Kingsbury |
2 |
$830,000 |
$415,000 |
$415,000 |
285 |
| |
|
|
Lower Kingsbury |
1 |
$239,000 |
$239,000 |
$239,000 |
83 |
| |
|
|
Kahle Park |
1 |
$279,000 |
$279,000 |
$279,000 |
292 |
| |
|
|
Lake Village |
1 |
$279,000 |
$279,000 |
$279,000 |
44 |
| |
|
|
Round Hill |
1 |
$425,000 |
$425,000 |
$425,000 |
90 |
| |
|
|
Pinewild/Marla |
1 |
$425,000 |
$425,000 |
$425,000 |
213 |
| |
|
|
Sub Total |
14 |
$4,345,700 |
$310,407 |
$289,450 |
243 |
| SOLD |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
30 |
$6,236,350 |
$207,878 |
$180,250 |
209 |
| |
|
|
Upper Kingsbury |
15 |
$6,274,810 |
$418,321 |
$378,000 |
137 |
| |
|
|
Mid Kingsbury |
3 |
$1,463,386 |
$487,795 |
$554,000 |
311 |
| |
|
|
Lower Kingsbury |
9 |
$3,160,800 |
$351,200 |
$340,000 |
117 |
| |
|
|
Kahle Park |
1 |
$181,900 |
$181,900 |
$181,900 |
34 |
| |
|
|
Lake Village |
9 |
$3,252,000 |
$361,333 |
$290,000 |
130 |
| |
|
|
Round Hill |
8 |
$3,622,999 |
$452,875 |
$500,500 |
108 |
| |
|
|
Elk Point |
1 |
$715,000 |
$715,000 |
$715,000 |
102 |
| |
|
|
Pinewild/Marla |
5 |
$2,530,000 |
$506,000 |
$500,000 |
207 |
| |
|
|
Zephyr Heights/Knolls |
8 |
$3,510,800 |
$438,850 |
$444,500 |
138 |
| |
|
|
Zephyr Cove |
2 |
$1,225,000 |
$612,500 |
$612,500 |
78 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
3 |
$1,412,500 |
$470,833 |
$510,000 |
252 |
| |
|
|
Upper & Lower Lakeridge - LT |
1 |
$601,900 |
$601,900 |
$601,900 |
22 |
| |
|
|
Cave Rock |
4 |
$1,697,221 |
$424,305 |
$377,500 |
175 |
| |
|
|
Sub Total |
99 |
$35,884,666 |
$362,471 |
$339,900 |
164 |
| PENDING-No Show |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
1 |
$119,800 |
$119,800 |
$119,800 |
30 |
| |
|
|
Sub Total |
1 |
$119,800 |
$119,800 |
$119,800 |
30 |
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. |
Next Page »
