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 South Lake Tahoe Buyer activity remains strong. To track the most current Buyer Activity, I use the Market Activity Ratio which is the relationship between the Active Listings and Pending Sales. This past week, we saw this activity unchanged at 14.2%. This is the result of the Active Listings remained the same and the Pending Sales increased by 1.
This past week there were 14 new sales for a YTD of 82 sales. All of the sales occurred below $450,000 with a couple of sales at $510,000 and $1,225,000 which was in the Tahoe Keys. This brought the 6 month average down by .6% to $392,867.
| Listings per Status |
%20Status_Pie.series(Active,350;%20Pending,112;%20Sold,276;Other,0)total.setText(Total:%20738)@_GIF) |
Area Market Survey
|
| Listings as of 03/12/10 at 8:53am |
| Active |
| Listing Price Range |
Quantity |
Average DOM |
|
| $120,000 thru $139,999 |
3 |
241 |
|
| $140,000 thru $159,999 |
3 |
110 |
|
| $160,000 thru $179,999 |
7 |
110 |
|
| $180,000 thru $199,999 |
10 |
134 |
|
| $200,000 thru $249,999 |
29 |
147 |
|
| $250,000 thru $299,999 |
52 |
194 |
|
| $300,000 thru $349,999 |
36 |
133 |
|
| $350,000 thru $399,999 |
38 |
198 |
|
| $400,000 thru $449,999 |
19 |
152 |
|
| $450,000 thru $499,999 |
21 |
206 |
|
| $500,000 thru $549,999 |
17 |
179 |
|
| $550,000 thru $599,999 |
24 |
181 |
|
| $600,000 thru $649,999 |
6 |
201 |
|
| $650,000 thru $699,999 |
11 |
146 |
|
| $700,000 thru $749,999 |
12 |
163 |
|
| $750,000 thru $799,999 |
5 |
141 |
|
| $800,000 thru $849,999 |
3 |
272 |
|
| $850,000 thru $899,999 |
6 |
202 |
|
| $900,000 thru $949,999 |
1 |
452 |
|
| $950,000 thru $999,999 |
10 |
279 |
|
| $1,000,000 thru $1,249,999 |
6 |
337 |
|
| $1,250,000 thru $1,499,999 |
8 |
136 |
|
| $1,500,000 thru $1,749,999 |
4 |
155 |
|
| $1,750,000 thru $1,999,999 |
8 |
238 |
|
| $2,000,000 thru $2,249,999 |
1 |
494 |
|
| $2,250,000 thru $2,499,999 |
3 |
441 |
|
| $3,250,000 thru $3,499,999 |
2 |
296 |
|
| $4,250,000 thru $4,499,999 |
1 |
591 |
|
| $4,500,000 thru $4,749,999 |
2 |
139 |
|
| $5,000,000 thru $5,999,999 |
1 |
1339 |
|
| $10,000,000 or more |
1 |
85 |
|
| |
350 |
187 |
|
|
| |
| Summary Price Information |
| Minimum |
$126,000 |
Maximum |
$12,900,000 |
| Average |
$638,345 |
Median |
$399,000 |
|
| 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 ©2010 Rapattoni Corporation. All rights reserved. |
Area Market Survey
|
| Listings as of 03/12/10 at 8:53am |
| Pending |
| Listing Price Range |
Quantity |
Average DOM |
|
| $90,000 thru $99,999 |
1 |
21 |
|
| $160,000 thru $179,999 |
4 |
155 |
|
| $180,000 thru $199,999 |
9 |
172 |
|
| $200,000 thru $249,999 |
18 |
93 |
|
| $250,000 thru $299,999 |
14 |
182 |
|
| $300,000 thru $349,999 |
12 |
114 |
|
| $350,000 thru $399,999 |
9 |
229 |
|
| $400,000 thru $449,999 |
3 |
323 |
|
| $450,000 thru $499,999 |
11 |
143 |
|
| $500,000 thru $549,999 |
6 |
220 |
|
| $550,000 thru $599,999 |
2 |
23 |
|
| $600,000 thru $649,999 |
4 |
198 |
|
| $650,000 thru $699,999 |
5 |
175 |
|
| $700,000 thru $749,999 |
5 |
142 |
|
| $750,000 thru $799,999 |
1 |
983 |
|
| $800,000 thru $849,999 |
1 |
665 |
|
| $850,000 thru $899,999 |
2 |
233 |
|
| $900,000 thru $949,999 |
1 |
10 |
|
| $950,000 thru $999,999 |
1 |
672 |
|
| $1,000,000 thru $1,249,999 |
3 |
407 |
|
| |
112 |
180 |
|
|
| |
| Summary Price Information |
| Minimum |
$99,000 |
Maximum |
$1,195,000 |
| Average |
$421,426 |
Median |
$349,000 |
|
| Sold |
| Selling Price Range |
Quantity |
Average DOM |
|
| $60,000 thru $69,999 |
1 |
77 |
|
| $70,000 thru $79,999 |
1 |
82 |
|
| $80,000 thru $89,999 |
3 |
97 |
|
| $100,000 thru $119,999 |
1 |
38 |
|
| $120,000 thru $139,999 |
6 |
206 |
|
| $140,000 thru $159,999 |
9 |
102 |
|
| $160,000 thru $179,999 |
5 |
103 |
|
| $180,000 thru $199,999 |
11 |
102 |
|
| $200,000 thru $249,999 |
46 |
119 |
|
| $250,000 thru $299,999 |
46 |
134 |
|
| $300,000 thru $349,999 |
31 |
139 |
|
| $350,000 thru $399,999 |
25 |
188 |
|
| $400,000 thru $449,999 |
17 |
201 |
|
| $450,000 thru $499,999 |
14 |
256 |
|
| $500,000 thru $549,999 |
9 |
160 |
|
| $550,000 thru $599,999 |
14 |
195 |
|
| $600,000 thru $649,999 |
9 |
223 |
|
| $650,000 thru $699,999 |
11 |
191 |
|
| $700,000 thru $749,999 |
2 |
83 |
|
| $750,000 thru $799,999 |
4 |
294 |
|
| $850,000 thru $899,999 |
1 |
439 |
|
| $900,000 thru $949,999 |
1 |
308 |
|
| $950,000 thru $999,999 |
1 |
1 |
|
| $1,000,000 thru $1,249,999 |
2 |
217 |
|
| $1,250,000 thru $1,499,999 |
2 |
269 |
|
| $1,500,000 thru $1,749,999 |
2 |
71 |
|
| $2,500,000 thru $2,749,999 |
1 |
496 |
|
| $3,000,000 thru $3,249,999 |
1 |
117 |
|
| |
276 |
159 |
|
|
| |
| Summary Price Information |
| Minimum |
$67,000 |
Maximum |
$3,200,000 |
| Average |
$392,867 |
Median |
$313,250 |
|
| 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 ©2010 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 Nevada East Shore market is showing movement in the market. To measure the most current Buyer activity, I use the Market Activity Ratio which is the relationship between Active listings and Pending sales. This past week the Market Activity Ratio spiked from 12.6% to 14%. This is due to the Active Listing inventory remaining the same and the Pending Sales increasing by 3. It is interesting to note that there are now 12 Pending short sales which represents 46% of the total pending sales.
This past week there were 4 New Sales for a YTD of 25 sales. The sales were on a couple of condos on top of Kingsbury for $235,000 and $179,000, Lakridge for $475,000 and a lake front property on Lakeview for $1.7 million. This brought the 6 month average down by 4.5% to $725,376. The Average Days On Market is 223 days.
| Status |
Class |
Type |
Area |
No. of Listings |
Dollar Volume |
Average Price |
Median Price |
Average DOM |
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Active Listings |
184 |
$397,994,426 |
$2,163,013 |
$735,000 |
321 |
| Listings Under Contract |
2 |
$529,020 |
$264,510 |
$264,510 |
63 |
| Listings Sold 2010 |
25 |
$12,130,050 |
$485,202 |
$449,000 |
241 |
| |
|
|
|
|
|
|
|
|
| ACTIVE |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
31 |
$9,705,100 |
$313,068 |
$265,000 |
297 |
| |
|
|
Upper Kingsbury |
7 |
$5,790,500 |
$827,214 |
$649,000 |
361 |
| |
|
|
Mid Kingsbury |
8 |
$7,862,000 |
$982,750 |
$572,500 |
352 |
| |
|
|
Lower Kingsbury |
5 |
$8,247,000 |
$1,649,400 |
$1,850,000 |
167 |
| |
|
|
Lincoln Park |
1 |
$1,695,000 |
$1,695,000 |
$1,695,000 |
497 |
| |
|
|
Lake Village |
12 |
$5,079,950 |
$423,329 |
$352,500 |
231 |
| |
|
|
Round Hill |
12 |
$12,220,999 |
$1,018,417 |
$759,000 |
432 |
| |
|
|
Elk Point |
1 |
$1,950,000 |
$1,950,000 |
$1,950,000 |
159 |
| |
|
|
Pinewild/Marla |
8 |
$7,785,677 |
$973,210 |
$734,950 |
171 |
| |
|
|
Zephyr Heights/Knolls |
11 |
$9,560,000 |
$869,091 |
$745,000 |
215 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
5 |
$4,167,000 |
$833,400 |
$799,000 |
171 |
| |
|
|
Hidden Woods |
3 |
$6,670,000 |
$2,223,333 |
$2,595,000 |
220 |
| |
|
|
Upper & Lower Lakeridge - LT |
4 |
$4,288,000 |
$1,072,000 |
$1,122,000 |
441 |
| |
|
|
Cave Rock |
10 |
$18,656,000 |
$1,865,600 |
$1,875,000 |
406 |
| |
|
|
Logan/Cedarbrok |
1 |
$4,495,000 |
$4,495,000 |
$4,495,000 |
886 |
| |
|
|
Glenbrk/Uppaway |
16 |
$60,383,500 |
$3,773,969 |
$4,050,000 |
377 |
| |
|
|
Lakefront Propt |
16 |
$198,085,000 |
$12,380,313 |
$4,995,000 |
476 |
|
|
|
Sub Total |
151 |
$366,640,726 |
$2,428,084 |
$769,000 |
328 |
| New |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
2 |
$439,000 |
$219,500 |
$219,500 |
5 |
|
|
|
Sub Total |
2 |
$439,000 |
$219,500 |
$219,500 |
5 |
| Extended |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
1 |
$399,000 |
$399,000 |
$399,000 |
550 |
|
|
|
Sub Total |
1 |
$399,000 |
$399,000 |
$399,000 |
550 |
| Price Reduced |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
2 |
$592,400 |
$296,200 |
$296,200 |
100 |
| |
|
|
Round Hill |
1 |
$548,000 |
$548,000 |
$548,000 |
292 |
| |
|
|
Elk Point |
1 |
$1,870,000 |
$1,870,000 |
$1,870,000 |
214 |
| |
|
|
Cave Rock |
1 |
$2,150,000 |
$2,150,000 |
$2,150,000 |
1087 |
| |
|
|
Lakefront Propt |
1 |
$4,650,000 |
$4,650,000 |
$4,650,000 |
95 |
|
|
|
Sub Total |
6 |
$9,810,400 |
$1,635,067 |
$1,209,000 |
315 |
| Active/Pending-Call |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
1 |
$239,000 |
$239,000 |
$239,000 |
416 |
| |
|
|
Upper Kingsbury |
1 |
$535,000 |
$535,000 |
$535,000 |
7 |
| |
|
|
Mid Kingsbury |
2 |
$994,500 |
$497,250 |
$497,250 |
50 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
1 |
$895,000 |
$895,000 |
$895,000 |
331 |
| |
|
|
Logan/Cedarbrok |
1 |
$1,195,000 |
$1,195,000 |
$1,195,000 |
938 |
| |
|
|
Lakefront Propt |
1 |
$6,495,000 |
$6,495,000 |
$6,495,000 |
980 |
|
|
|
Sub Total |
7 |
$10,353,500 |
$1,479,071 |
$545,000 |
396 |
| Active/Pending-Loan |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Lake Village |
2 |
$604,000 |
$302,000 |
$302,000 |
113 |
| |
|
|
Zephyr Cove |
1 |
$799,900 |
$799,900 |
$799,900 |
904 |
| |
|
|
Upper & Lower Lakeridge - LT |
2 |
$2,144,000 |
$1,072,000 |
$1,072,000 |
62 |
|
|
|
Sub Total |
5 |
$3,547,900 |
$709,580 |
$799,900 |
251 |
| Active/Pending-Short Sale |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
3 |
$474,000 |
$158,000 |
$140,000 |
384 |
| |
|
|
Upper Kingsbury |
2 |
$2,429,900 |
$1,214,950 |
$1,214,950 |
210 |
| |
|
|
Mid Kingsbury |
1 |
$399,000 |
$399,000 |
$399,000 |
239 |
| |
|
|
Lower Kingsbury |
1 |
$239,000 |
$239,000 |
$239,000 |
168 |
| |
|
|
Kahle Park |
1 |
$279,000 |
$279,000 |
$279,000 |
377 |
| |
|
|
Round Hill |
2 |
$874,000 |
$437,000 |
$437,000 |
107 |
| |
|
|
Zephyr Heights/Knolls |
2 |
$2,109,000 |
$1,054,500 |
$1,054,500 |
250 |
|
|
|
Sub Total |
12 |
$6,803,900 |
$566,992 |
$339,000 |
256 |
| SOLD |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
24 |
$4,936,750 |
$205,698 |
$172,525 |
179 |
| |
|
|
Upper Kingsbury |
6 |
$4,803,900 |
$800,650 |
$356,500 |
232 |
| |
|
|
Mid Kingsbury |
6 |
$3,168,386 |
$528,064 |
$482,000 |
314 |
| |
|
|
Lower Kingsbury |
3 |
$1,149,900 |
$383,300 |
$340,000 |
120 |
| |
|
|
Lincoln Park |
1 |
$450,000 |
$450,000 |
$450,000 |
174 |
| |
|
|
Lake Village |
6 |
$2,143,900 |
$357,317 |
$324,000 |
53 |
| |
|
|
Round Hill |
7 |
$5,327,250 |
$761,036 |
$456,000 |
148 |
| |
|
|
Pinewild/Marla |
3 |
$1,555,000 |
$518,333 |
$500,000 |
250 |
| |
|
|
Zephyr Heights/Knolls |
3 |
$1,759,000 |
$586,333 |
$535,000 |
425 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
2 |
$1,311,000 |
$655,500 |
$655,500 |
190 |
| |
|
|
Upper & Lower Lakeridge - LT |
2 |
$1,575,000 |
$787,500 |
$787,500 |
140 |
| |
|
|
Cave Rock |
2 |
$2,022,000 |
$1,011,000 |
$1,011,000 |
531 |
| |
|
|
Glenbrk/Uppaway |
4 |
$7,975,000 |
$1,993,750 |
$1,725,000 |
315 |
| |
|
|
Lakefront Propt |
3 |
$14,050,000 |
$4,683,333 |
$4,550,000 |
531 |
|
|
|
Sub Total |
72 |
$52,227,086 |
$725,376 |
$405,000 |
223 |
| PENDING-No Show |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
1 |
$135,000 |
$135,000 |
$135,000 |
121 |
| |
|
|
Round Hill |
1 |
$394,020 |
$394,020 |
$394,020 |
4 |
|
|
|
Sub Total |
2 |
$529,020 |
$264,510 |
$264,510 |
63 |
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 Buyer Activity has jumped again! To track the current Buyer activity, I use the Market Activity Ratio which is the relationship between the Active Listings and Pending Sales. This past week the Market Activity Ratio increased from 22.4% to 24.1% which is the result of the Active Listings increasing by 11 as the Pending Sales also increased by 7.
There were 4 new sales this past week for a YTD of 67 sales. There was an extremely slight decrease in the 6 month Sales Average which is now at $395,050. The Average Days on Market is 161 days. The highest sale price was at $312,500 and the lowest was at $247,500. Of the 4 sales, 1 was a bank owned and 1 was a short sale.
| Listings per Status |
%20Status_Pie.series(Active,350;%20Pending,111;%20Sold,274;Other,0)total.setText(Total:%20735)@_GIF) |
Area Market Survey
|
| Listings as of 03/02/10 at 9:58am |
| Active |
| Listing Price Range |
Quantity |
Average DOM |
|
| $120,000 thru $139,999 |
3 |
231 |
|
| $140,000 thru $159,999 |
2 |
152 |
|
| $160,000 thru $179,999 |
7 |
106 |
|
| $180,000 thru $199,999 |
9 |
131 |
|
| $200,000 thru $249,999 |
30 |
130 |
|
| $250,000 thru $299,999 |
48 |
181 |
|
| $300,000 thru $349,999 |
35 |
161 |
|
| $350,000 thru $399,999 |
38 |
191 |
|
| $400,000 thru $449,999 |
22 |
158 |
|
| $450,000 thru $499,999 |
20 |
202 |
|
| $500,000 thru $549,999 |
19 |
186 |
|
| $550,000 thru $599,999 |
23 |
182 |
|
| $600,000 thru $649,999 |
5 |
230 |
|
| $650,000 thru $699,999 |
11 |
136 |
|
| $700,000 thru $749,999 |
11 |
160 |
|
| $750,000 thru $799,999 |
7 |
175 |
|
| $800,000 thru $849,999 |
5 |
268 |
|
| $850,000 thru $899,999 |
5 |
221 |
|
| $900,000 thru $949,999 |
1 |
442 |
|
| $950,000 thru $999,999 |
11 |
249 |
|
| $1,000,000 thru $1,249,999 |
6 |
151 |
|
| $1,250,000 thru $1,499,999 |
9 |
240 |
|
| $1,500,000 thru $1,749,999 |
4 |
145 |
|
| $1,750,000 thru $1,999,999 |
8 |
228 |
|
| $2,000,000 thru $2,249,999 |
1 |
484 |
|
| $2,250,000 thru $2,499,999 |
3 |
431 |
|
| $3,250,000 thru $3,499,999 |
2 |
286 |
|
| $4,250,000 thru $4,499,999 |
1 |
581 |
|
| $4,500,000 thru $4,749,999 |
2 |
129 |
|
| $5,000,000 thru $5,999,999 |
1 |
1329 |
|
| $10,000,000 or more |
1 |
75 |
|
| |
350 |
186 |
|
|
| |
| Summary Price Information |
| Minimum |
$126,000 |
Maximum |
$12,900,000 |
| Average |
$648,027 |
Median |
$418,500 |
|
| Equal Opportunity Housing * All information deemed reliable, but not guaranteed. |
Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market
Copyright ©2010 Rapattoni Corporation. All rights reserved. |
Area Market Survey
|
| Listings as of 03/02/10 at 9:58am |
| Pending |
| Listing Price Range |
Quantity |
Average DOM |
|
| $80,000 thru $89,999 |
1 |
83 |
|
| $90,000 thru $99,999 |
1 |
11 |
|
| $120,000 thru $139,999 |
1 |
29 |
|
| $160,000 thru $179,999 |
4 |
153 |
|
| $180,000 thru $199,999 |
8 |
188 |
|
| $200,000 thru $249,999 |
13 |
90 |
|
| $250,000 thru $299,999 |
14 |
175 |
|
| $300,000 thru $349,999 |
14 |
98 |
|
| $350,000 thru $399,999 |
9 |
222 |
|
| $400,000 thru $449,999 |
2 |
258 |
|
| $450,000 thru $499,999 |
12 |
170 |
|
| $500,000 thru $549,999 |
6 |
173 |
|
| $550,000 thru $599,999 |
3 |
77 |
|
| $600,000 thru $649,999 |
4 |
188 |
|
| $650,000 thru $699,999 |
5 |
165 |
|
| $700,000 thru $749,999 |
4 |
108 |
|
| $750,000 thru $799,999 |
1 |
973 |
|
| $800,000 thru $849,999 |
1 |
655 |
|
| $850,000 thru $899,999 |
2 |
223 |
|
| $950,000 thru $999,999 |
1 |
662 |
|
| $1,000,000 thru $1,249,999 |
4 |
319 |
|
| $1,250,000 thru $1,499,999 |
1 |
127 |
|
| |
111 |
173 |
|
|
| |
| Summary Price Information |
| Minimum |
$81,000 |
Maximum |
$1,395,000 |
| Average |
$433,483 |
Median |
$349,000 |
|
| Sold |
| Selling Price Range |
Quantity |
Average DOM |
|
| $60,000 thru $69,999 |
1 |
77 |
|
| $80,000 thru $89,999 |
3 |
97 |
|
| $100,000 thru $119,999 |
1 |
38 |
|
| $120,000 thru $139,999 |
6 |
206 |
|
| $140,000 thru $159,999 |
8 |
111 |
|
| $160,000 thru $179,999 |
4 |
94 |
|
| $180,000 thru $199,999 |
11 |
102 |
|
| $200,000 thru $249,999 |
45 |
120 |
|
| $250,000 thru $299,999 |
49 |
136 |
|
| $300,000 thru $349,999 |
31 |
140 |
|
| $350,000 thru $399,999 |
24 |
185 |
|
| $400,000 thru $449,999 |
16 |
190 |
|
| $450,000 thru $499,999 |
14 |
256 |
|
| $500,000 thru $549,999 |
9 |
197 |
|
| $550,000 thru $599,999 |
15 |
198 |
|
| $600,000 thru $649,999 |
9 |
223 |
|
| $650,000 thru $699,999 |
11 |
191 |
|
| $700,000 thru $749,999 |
2 |
83 |
|
| $750,000 thru $799,999 |
4 |
294 |
|
| $850,000 thru $899,999 |
1 |
439 |
|
| $900,000 thru $949,999 |
2 |
221 |
|
| $950,000 thru $999,999 |
1 |
1 |
|
| $1,000,000 thru $1,249,999 |
1 |
306 |
|
| $1,250,000 thru $1,499,999 |
2 |
269 |
|
| $1,500,000 thru $1,749,999 |
2 |
71 |
|
| $2,500,000 thru $2,749,999 |
1 |
496 |
|
| $3,000,000 thru $3,249,999 |
1 |
117 |
|
| |
274 |
161 |
|
|
| |
| Summary Price Information |
| Minimum |
$67,000 |
Maximum |
$3,200,000 |
| Average |
$395,050 |
Median |
$313,250 |
|
| 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 ©2010 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.
This past week we saw another dip in Buyer Activity. I use the Market Activity Ratio to determine the current buyer activity which is the relationship between the Active Listings and Pending Sales. This past week the Market Activity Ratio did decrease from 13.2% to 12.6%. This is the result of the Listing inventory increasing by 2 as the Pending Sales decreased by 1.
There was 1 new sale this past week which was a condo on Quaking Aspen for a sale price $400,000. This decreased the 6 month Sales Average by .4% to $759,570. The YTD for sales in Nevada is now 21 sales and the Average Days On Market is 224 days. It is interesting to note that there is now 11 Short Sales which represents 47.8% of the Pending Sales. These escrows tend to accumulate over a 6 month period until they either close escrow or they are canceled.
| Status |
Class |
Type |
Area |
No. of Listings |
Dollar Volume |
Average Price |
Median Price |
Average DOM |
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Active Listings |
183 |
$399,931,026 |
$2,185,415 |
$749,000 |
320 |
| Listings Under Contract |
0 |
$0 |
$0 |
$0 |
0 |
| Listings Sold 2010 |
21 |
$9,541,050 |
$454,336 |
$449,000 |
221 |
| |
|
|
|
|
|
|
|
|
| ACTIVE |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
29 |
$8,923,100 |
$307,693 |
$265,000 |
312 |
| |
|
|
Upper Kingsbury |
5 |
$4,746,500 |
$949,300 |
$649,000 |
388 |
| |
|
|
Mid Kingsbury |
8 |
$7,862,000 |
$982,750 |
$572,500 |
342 |
| |
|
|
Lower Kingsbury |
5 |
$8,297,000 |
$1,659,400 |
$1,850,000 |
157 |
| |
|
|
Lincoln Park |
1 |
$1,695,000 |
$1,695,000 |
$1,695,000 |
487 |
| |
|
|
Lake Village |
7 |
$2,621,450 |
$374,493 |
$349,950 |
176 |
| |
|
|
Round Hill |
12 |
$12,370,999 |
$1,030,917 |
$759,000 |
422 |
| |
|
|
Elk Point |
2 |
$3,840,000 |
$1,920,000 |
$1,920,000 |
177 |
| |
|
|
Pinewild/Marla |
7 |
$5,437,777 |
$776,825 |
$550,000 |
224 |
| |
|
|
Zephyr Heights/Knolls |
10 |
$8,865,000 |
$886,500 |
$757,000 |
226 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
5 |
$4,167,000 |
$833,400 |
$799,000 |
161 |
| |
|
|
Hidden Woods |
3 |
$6,670,000 |
$2,223,333 |
$2,595,000 |
210 |
| |
|
|
Upper & Lower Lakeridge - LT |
4 |
$4,434,000 |
$1,108,500 |
$1,145,000 |
372 |
| |
|
|
Cave Rock |
11 |
$21,151,000 |
$1,922,818 |
$2,400,000 |
458 |
| |
|
|
Logan/Cedarbrok |
1 |
$4,495,000 |
$4,495,000 |
$4,495,000 |
876 |
| |
|
|
Glenbrk/Uppaway |
15 |
$56,188,500 |
$3,745,900 |
$3,850,000 |
367 |
| |
|
|
Lakefront Propt |
17 |
$202,862,500 |
$11,933,088 |
$4,995,000 |
443 |
|
|
|
Sub Total |
142 |
$364,626,826 |
$2,567,795 |
$967,000 |
333 |
| New |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
2 |
$779,000 |
$389,500 |
$389,500 |
4 |
| |
|
|
Lake Village |
3 |
$1,348,000 |
$449,333 |
$350,000 |
6 |
| |
|
|
Pinewild/Marla |
1 |
$2,198,000 |
$2,198,000 |
$2,198,000 |
6 |
|
|
|
Sub Total |
6 |
$4,325,000 |
$720,833 |
$450,000 |
6 |
| Back On Market |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Lake Village |
1 |
$649,000 |
$649,000 |
$649,000 |
170 |
|
|
|
Sub Total |
1 |
$649,000 |
$649,000 |
$649,000 |
170 |
| Extended |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
2 |
$634,900 |
$317,450 |
$317,450 |
129 |
| |
|
|
Upper Kingsbury |
1 |
$649,000 |
$649,000 |
$649,000 |
339 |
| |
|
|
Round Hill |
1 |
$549,000 |
$549,000 |
$549,000 |
283 |
| |
|
|
Glenbrk/Uppaway |
1 |
$4,495,000 |
$4,495,000 |
$4,495,000 |
368 |
| |
|
|
Lakefront Propt |
1 |
$2,250,000 |
$2,250,000 |
$2,250,000 |
657 |
|
|
|
Sub Total |
6 |
$8,577,900 |
$1,429,650 |
$599,000 |
318 |
| Price Reduced |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
2 |
$475,000 |
$237,500 |
$237,500 |
73 |
| |
|
|
Lake Village |
1 |
$461,500 |
$461,500 |
$461,500 |
1235 |
| |
|
|
Upper & Lower Lakeridge - LT |
2 |
$1,998,000 |
$999,000 |
$999,000 |
168 |
|
|
|
Sub Total |
5 |
$2,934,500 |
$586,900 |
$461,500 |
343 |
| Active/Pending-Call |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
3 |
$671,500 |
$223,833 |
$239,000 |
307 |
| |
|
|
Mid Kingsbury |
2 |
$994,500 |
$497,250 |
$497,250 |
40 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
1 |
$895,000 |
$895,000 |
$895,000 |
321 |
| |
|
|
Upper & Lower Lakeridge - LT |
1 |
$499,000 |
$499,000 |
$499,000 |
215 |
| |
|
|
Logan/Cedarbrok |
1 |
$1,195,000 |
$1,195,000 |
$1,195,000 |
928 |
| |
|
|
Lakefront Propt |
1 |
$6,495,000 |
$6,495,000 |
$6,495,000 |
970 |
|
|
|
Sub Total |
9 |
$10,750,000 |
$1,194,444 |
$499,000 |
381 |
| Active/Pending-Loan |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Lake Village |
2 |
$604,000 |
$302,000 |
$302,000 |
103 |
| |
|
|
Zephyr Cove |
1 |
$799,900 |
$799,900 |
$799,900 |
894 |
|
|
|
Sub Total |
3 |
$1,403,900 |
$467,967 |
$305,000 |
367 |
| Active/Pending-Short Sale |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
2 |
$334,000 |
$167,000 |
$167,000 |
493 |
| |
|
|
Upper Kingsbury |
2 |
$2,429,900 |
$1,214,950 |
$1,214,950 |
200 |
| |
|
|
Mid Kingsbury |
1 |
$399,000 |
$399,000 |
$399,000 |
229 |
| |
|
|
Lower Kingsbury |
1 |
$239,000 |
$239,000 |
$239,000 |
158 |
| |
|
|
Kahle Park |
1 |
$279,000 |
$279,000 |
$279,000 |
367 |
| |
|
|
Round Hill |
2 |
$874,000 |
$437,000 |
$437,000 |
97 |
| |
|
|
Zephyr Heights/Knolls |
2 |
$2,109,000 |
$1,054,500 |
$1,054,500 |
240 |
|
|
|
Sub Total |
11 |
$6,663,900 |
$605,809 |
$399,000 |
256 |
| SOLD |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
23 |
$4,807,750 |
$209,033 |
$170,000 |
173 |
| |
|
|
Upper Kingsbury |
6 |
$4,803,900 |
$800,650 |
$356,500 |
232 |
| |
|
|
Mid Kingsbury |
6 |
$3,168,386 |
$528,064 |
$482,000 |
314 |
| |
|
|
Lower Kingsbury |
3 |
$1,149,900 |
$383,300 |
$340,000 |
120 |
| |
|
|
Lincoln Park |
1 |
$450,000 |
$450,000 |
$450,000 |
174 |
| |
|
|
Lake Village |
6 |
$2,143,900 |
$357,317 |
$324,000 |
53 |
| |
|
|
Round Hill |
7 |
$5,327,250 |
$761,036 |
$456,000 |
148 |
| |
|
|
Pinewild/Marla |
3 |
$1,555,000 |
$518,333 |
$500,000 |
250 |
| |
|
|
Zephyr Heights/Knolls |
4 |
$2,115,400 |
$528,850 |
$517,000 |
330 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
2 |
$1,311,000 |
$655,500 |
$655,500 |
190 |
| |
|
|
Upper & Lower Lakeridge - LT |
1 |
$1,100,000 |
$1,100,000 |
$1,100,000 |
59 |
| |
|
|
Cave Rock |
2 |
$2,022,000 |
$1,011,000 |
$1,011,000 |
531 |
| |
|
|
Glenbrk/Uppaway |
4 |
$7,975,000 |
$1,993,750 |
$1,725,000 |
315 |
| |
|
|
Lakefront Propt |
3 |
$16,000,000 |
$5,333,333 |
$4,550,000 |
655 |
|
|
|
Sub Total |
71 |
$53,929,486 |
$759,570 |
$400,000 |
224 |
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 Nevada market has cooled slightly this past week. To track the buyer activity I use the Market Activity Ratio which is the relationship between the Active Listings and Pending Sales. This past week it went from 13.9% to 13.2% which is the result of the Active Listings increasing by 3 and the Pending Sales decreasing by 1. Interesting to note that 12 of the pending sales are short sales.
This past week there were 6 new sales for a YTD of 20 sales. This brought the 6 month average down by 1.8% to $762,246. These sales were in the amounts of $115,000 a condo on Tina Ct, $449,000 on Paiute Dr and $480,000 a condo on North Bowl. The Average Days on market is 226 days.
| Status |
Class |
Type |
Area |
No. of Listings |
Dollar Volume |
Average Price |
Median Price |
Average DOM |
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Active Listings |
182 |
$393,282,926 |
$2,160,895 |
$722,000 |
321 |
| Listings Under Contract |
0 |
$0 |
$0 |
$0 |
0 |
| Listings Sold 2010 |
20 |
$9,141,050 |
$457,053 |
$449,500 |
230 |
| |
|
|
|
|
|
|
|
|
| ACTIVE |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
32 |
$9,931,000 |
$310,344 |
$270,500 |
316 |
| |
|
|
Upper Kingsbury |
7 |
$5,790,500 |
$827,214 |
$649,000 |
347 |
| |
|
|
Mid Kingsbury |
9 |
$8,311,500 |
$923,500 |
$550,000 |
307 |
| |
|
|
Lower Kingsbury |
5 |
$8,297,000 |
$1,659,400 |
$1,850,000 |
153 |
| |
|
|
Lincoln Park |
1 |
$1,695,000 |
$1,695,000 |
$1,695,000 |
483 |
| |
|
|
Lake Village |
8 |
$3,347,350 |
$418,419 |
$362,500 |
266 |
| |
|
|
Round Hill |
13 |
$12,919,999 |
$993,846 |
$749,000 |
407 |
| |
|
|
Elk Point |
2 |
$3,840,000 |
$1,920,000 |
$1,920,000 |
173 |
| |
|
|
Pinewild/Marla |
7 |
$5,437,777 |
$776,825 |
$550,000 |
220 |
| |
|
|
Zephyr Heights/Knolls |
9 |
$7,616,000 |
$846,222 |
$745,000 |
245 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
5 |
$4,167,000 |
$833,400 |
$799,000 |
157 |
| |
|
|
Hidden Woods |
3 |
$6,670,000 |
$2,223,333 |
$2,595,000 |
206 |
| |
|
|
Upper & Lower Lakeridge - LT |
6 |
$6,682,000 |
$1,113,667 |
$1,145,000 |
300 |
| |
|
|
Cave Rock |
11 |
$21,151,000 |
$1,922,818 |
$2,400,000 |
454 |
| |
|
|
Logan/Cedarbrok |
1 |
$4,495,000 |
$4,495,000 |
$4,495,000 |
872 |
| |
|
|
Glenbrk/Uppaway |
15 |
$56,188,500 |
$3,745,900 |
$3,850,000 |
363 |
| |
|
|
Lakefront Propt |
15 |
$194,917,500 |
$12,994,500 |
$4,995,000 |
449 |
| |
|
|
Sub Total |
149 |
$361,457,126 |
$2,425,887 |
$795,000 |
331 |
| New |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Lake Village |
2 |
$599,000 |
$299,500 |
$299,500 |
2 |
| |
|
|
Zephyr Heights/Knolls |
1 |
$1,249,000 |
$1,249,000 |
$1,249,000 |
17 |
| |
|
|
Sub Total |
3 |
$1,848,000 |
$616,000 |
$350,000 |
7 |
| Extended |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Lake Village |
1 |
$349,500 |
$349,500 |
$349,500 |
605 |
| |
|
|
Sub Total |
1 |
$349,500 |
$349,500 |
$349,500 |
605 |
| Price Raised |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
1 |
$265,000 |
$265,000 |
$265,000 |
3 |
| |
|
|
Sub Total |
1 |
$265,000 |
$265,000 |
$265,000 |
3 |
| Price Reduced |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
2 |
$475,000 |
$237,500 |
$237,500 |
69 |
| |
|
|
Lakefront Propt |
2 |
$7,945,000 |
$3,972,500 |
$3,972,500 |
367 |
| |
|
|
Sub Total |
4 |
$8,420,000 |
$2,105,000 |
$1,632,500 |
218 |
| Active/Pending-Call |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
2 |
$432,500 |
$216,250 |
$216,250 |
253 |
| |
|
|
Upper Kingsbury |
1 |
$429,000 |
$429,000 |
$429,000 |
33 |
| |
|
|
Mid Kingsbury |
1 |
$545,000 |
$545,000 |
$545,000 |
11 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
1 |
$895,000 |
$895,000 |
$895,000 |
317 |
| |
|
|
Upper & Lower Lakeridge - LT |
1 |
$499,000 |
$499,000 |
$499,000 |
211 |
| |
|
|
Logan/Cedarbrok |
1 |
$1,195,000 |
$1,195,000 |
$1,195,000 |
924 |
| |
|
|
Lakefront Propt |
1 |
$6,495,000 |
$6,495,000 |
$6,495,000 |
966 |
| |
|
|
Sub Total |
8 |
$10,490,500 |
$1,311,313 |
$522,000 |
371 |
| Active/Pending-Loan |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
1 |
$135,000 |
$135,000 |
$135,000 |
109 |
| |
|
|
Lake Village |
2 |
$604,000 |
$302,000 |
$302,000 |
99 |
| |
|
|
Zephyr Cove |
1 |
$799,900 |
$799,900 |
$799,900 |
890 |
| |
|
|
Sub Total |
4 |
$1,538,900 |
$384,725 |
$302,000 |
299 |
| Active/Pending-Short Sale |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
2 |
$334,000 |
$167,000 |
$167,000 |
489 |
| |
|
|
Upper Kingsbury |
2 |
$2,429,900 |
$1,214,950 |
$1,214,950 |
196 |
| |
|
|
Mid Kingsbury |
1 |
$399,000 |
$399,000 |
$399,000 |
225 |
| |
|
|
Lower Kingsbury |
1 |
$239,000 |
$239,000 |
$239,000 |
154 |
| |
|
|
Kahle Park |
1 |
$279,000 |
$279,000 |
$279,000 |
363 |
| |
|
|
Round Hill |
2 |
$874,000 |
$437,000 |
$437,000 |
93 |
| |
|
|
Zephyr Heights/Knolls |
2 |
$2,109,000 |
$1,054,500 |
$1,054,500 |
236 |
| |
|
|
Lakefront Propt |
1 |
$2,250,000 |
$2,250,000 |
$2,250,000 |
653 |
| |
|
|
Sub Total |
12 |
$8,913,900 |
$742,825 |
$409,000 |
285 |
| SOLD |
|
|
|
|
|
|
|
|
| |
RESIDENTIAL |
|
|
|
|
|
|
|
| |
|
Residential |
|
|
|
|
|
|
| |
|
|
Summit/Tahoe VL |
23 |
$4,807,750 |
$209,033 |
$170,000 |
173 |
| |
|
|
Upper Kingsbury |
5 |
$4,403,900 |
$880,780 |
$313,000 |
272 |
| |
|
|
Mid Kingsbury |
6 |
$3,168,386 |
$528,064 |
$482,000 |
314 |
| |
|
|
Lower Kingsbury |
3 |
$1,149,900 |
$383,300 |
$340,000 |
120 |
| |
|
|
Lincoln Park |
1 |
$450,000 |
$450,000 |
$450,000 |
174 |
| |
|
|
Lake Village |
6 |
$2,143,900 |
$357,317 |
$324,000 |
53 |
| |
|
|
Round Hill |
7 |
$5,327,250 |
$761,036 |
$456,000 |
148 |
| |
|
|
Pinewild/Marla |
3 |
$1,555,000 |
$518,333 |
$500,000 |
250 |
| |
|
|
Zephyr Heights/Knolls |
5 |
$2,705,400 |
$541,080 |
$535,000 |
295 |
| |
|
|
Skyland/Tall Pn/Snug Harbor |
2 |
$1,311,000 |
$655,500 |
$655,500 |
190 |
| |
|
|
Upper & Lower Lakeridge - LT |
1 |
$1,100,000 |
$1,100,000 |
$1,100,000 |
59 |
| |
|
|
Cave Rock |
2 |
$2,022,000 |
$1,011,000 |
$1,011,000 |
531 |
| |
|
|
Glenbrk/Uppaway |
4 |
$7,975,000 |
$1,993,750 |
$1,725,000 |
315 |
| |
|
|
Lakefront Propt |
3 |
$16,000,000 |
$5,333,333 |
$4,550,000 |
655 |
| |
|
|
Sub Total |
71 |
$54,119,486 |
$762,246 |
$410,000 |
226 |
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