Lake Tahoe Nevada East Shore Weekly Market Statistics
November 12, 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.
The Market Activity Ratio is a trend that I track for Buyer Activity based on the relationship between Active Listings (Inventory) and Pending Sales (Escrows). This past week we saw it decrease from 16.6% to 15.6% as result of the Active Listings declining by 7 and Pending Sales also declining by 4. This means that even though there is less inventory there are also less Purchases.
It was a big week for closings this past week. Usually there is one or two but 7 Sales is big in one week! The YTD total is 115 Sales which did result in a decrease of the Median Sales Price to $439,000 and the Average Sales Price to $760,738. Despite 3 sales above $500K, this represents a decrease of 1.2% and .2% for the Median Sale Price and Average Sales Price respectively. The Average Days On Market is 184 days for these sales. The Sales occurred at $142K, $150K, $260K, $340K, $799K, $1.1 million and $2.35 million.
| Status | Class | Type | Price Range | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $135,000 - $139,999 | 1 | $135,000 | $135,000 | $135,000 | 8 | |||
| $160,000 - $164,999 | 1 | $163,000 | $163,000 | $163,000 | 38 | |||
| $195,000 - $199,999 | 2 | $398,000 | $199,000 | $199,000 | 245 | |||
| $235,000 - $239,999 | 2 | $476,000 | $238,000 | $238,000 | 208 | |||
| $245,000 - $249,999 | 2 | $494,900 | $247,450 | $247,450 | 327 | |||
| $255,000 - $259,999 | 1 | $259,900 | $259,900 | $259,900 | 564 | |||
| $265,000 - $269,999 | 1 | $269,000 | $269,000 | $269,000 | 162 | |||
| $275,000 - $279,999 | 1 | $279,000 | $279,000 | $279,000 | 9 | |||
| $295,000 - $299,999 | 2 | $598,900 | $299,450 | $299,450 | 216 | |||
| $305,000 - $309,999 | 1 | $305,000 | $305,000 | $305,000 | 68 | |||
| $315,000 - $319,999 | 2 | $638,000 | $319,000 | $319,000 | 94 | |||
| $325,000 - $329,999 | 1 | $329,000 | $329,000 | $329,000 | 148 | |||
| $345,000 - $349,999 | 4 | $1,392,000 | $348,000 | $349,000 | 314 | |||
| $365,000 - $369,999 | 1 | $369,900 | $369,900 | $369,900 | 55 | |||
| $370,000 - $374,999 | 1 | $372,000 | $372,000 | $372,000 | 734 | |||
| $375,000 - $379,999 | 2 | $754,000 | $377,000 | $377,000 | 71 | |||
| $385,000 - $389,999 | 1 | $385,000 | $385,000 | $385,000 | 16 | |||
| $395,000 - $399,999 | 7 | $2,790,400 | $398,629 | $399,000 | 208 | |||
| $410,000 - $414,999 | 1 | $411,345 | $411,345 | $411,345 | 14 | |||
| $415,000 - $419,999 | 1 | $419,000 | $419,000 | $419,000 | 646 | |||
| $425,000 - $429,999 | 2 | $854,000 | $427,000 | $427,000 | 142 | |||
| $435,000 - $439,999 | 1 | $439,000 | $439,000 | $439,000 | 340 | |||
| $445,000 - $449,999 | 4 | $1,796,000 | $449,000 | $449,000 | 238 | |||
| $450,000 - $454,999 | 1 | $450,000 | $450,000 | $450,000 | 125 | |||
| $475,000 - $479,999 | 2 | $957,677 | $478,839 | $478,839 | 233 | |||
| $485,000 - $489,999 | 1 | $489,000 | $489,000 | $489,000 | 136 | |||
| $495,000 - $499,999 | 4 | $1,997,400 | $499,350 | $499,250 | 73 | |||
| $525,000 - $529,999 | 1 | $525,000 | $525,000 | $525,000 | 429 | |||
| $545,000 - $549,999 | 4 | $2,193,400 | $548,350 | $549,250 | 531 | |||
| $550,000 - $554,999 | 2 | $1,100,000 | $550,000 | $550,000 | 488 | |||
| $555,000 - $559,999 | 1 | $557,000 | $557,000 | $557,000 | 298 | |||
| $565,000 - $569,999 | 1 | $569,000 | $569,000 | $569,000 | 173 | |||
| $575,000 - $579,999 | 1 | $579,000 | $579,000 | $579,000 | 181 | |||
| $585,000 - $589,999 | 1 | $589,000 | $589,000 | $589,000 | 286 | |||
| $595,000 - $599,999 | 4 | $2,386,000 | $596,500 | $596,500 | 154 | |||
| $625,000 - $629,999 | 1 | $625,000 | $625,000 | $625,000 | 80 | |||
| $635,000 - $639,999 | 1 | $639,000 | $639,000 | $639,000 | 133 | |||
| $645,000 - $649,999 | 3 | $1,945,777 | $648,592 | $649,000 | 470 | |||
| $660,000 - $664,999 | 1 | $664,700 | $664,700 | $664,700 | 77 | |||
| $695,000 - $699,999 | 1 | $699,000 | $699,000 | $699,000 | 120 | |||
| $725,000 - $729,999 | 1 | $729,000 | $729,000 | $729,000 | 107 | |||
| $745,000 - $749,999 | 1 | $749,000 | $749,000 | $749,000 | 1155 | |||
| $750,000 - $754,999 | 2 | $1,500,000 | $750,000 | $750,000 | 684 | |||
| $765,000 - $769,999 | 1 | $769,950 | $769,950 | $769,950 | 440 | |||
| Sub Total | 77 | $35,042,249 | $455,094 | $449,000 | 260 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $495,000 - $499,999 | 1 | $499,000 | $499,000 | $499,000 | 84 | |||
| $510,000 - $514,999 | 1 | $512,575 | $512,575 | $512,575 | 24 | |||
| $605,000 - $609,999 | 1 | $609,900 | $609,900 | $609,900 | 195 | |||
| Sub Total | 3 | $1,621,475 | $540,492 | $512,575 | 101 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $125,000 - $129,999 | 1 | $125,000 | $125,000 | $125,000 | 14 | |||
| $205,000 - $209,999 | 1 | $209,900 | $209,900 | $209,900 | 90 | |||
| $255,000 - $259,999 | 1 | $259,000 | $259,000 | $259,000 | 180 | |||
| $275,000 - $279,999 | 1 | $275,000 | $275,000 | $275,000 | 605 | |||
| $280,000 - $284,999 | 1 | $284,900 | $284,900 | $284,900 | 90 | |||
| $300,000 - $304,999 | 1 | $304,000 | $304,000 | $304,000 | 127 | |||
| $335,000 - $339,999 | 1 | $339,000 | $339,000 | $339,000 | 51 | |||
| $425,000 - $429,999 | 1 | $425,997 | $425,997 | $425,997 | 130 | |||
| $495,000 - $499,999 | 1 | $499,000 | $499,000 | $499,000 | 69 | |||
| Sub Total | 9 | $2,721,797 | $302,422 | $284,900 | 151 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $75,000 - $79,999 | 2 | $159,800 | $79,900 | $79,900 | 27 | |||
| $135,000 - $139,999 | 1 | $135,000 | $135,000 | $135,000 | 147 | |||
| $150,000 - $154,999 | 1 | $150,000 | $150,000 | $150,000 | 26 | |||
| $165,000 - $169,999 | 1 | $169,500 | $169,500 | $169,500 | 279 | |||
| $175,000 - $179,999 | 1 | $175,000 | $175,000 | $175,000 | 168 | |||
| $190,000 - $194,999 | 1 | $190,000 | $190,000 | $190,000 | 255 | |||
| $195,000 - $199,999 | 2 | $398,500 | $199,250 | $199,250 | 400 | |||
| $210,000 - $214,999 | 2 | $420,000 | $210,000 | $210,000 | 52 | |||
| $275,000 - $279,999 | 1 | $279,000 | $279,000 | $279,000 | 257 | |||
| $335,000 - $339,999 | 1 | $335,000 | $335,000 | $335,000 | 121 | |||
| $425,000 - $429,999 | 2 | $850,000 | $425,000 | $425,000 | 278 | |||
| $495,000 - $499,999 | 1 | $495,000 | $495,000 | $495,000 | 379 | |||
| $535,000 - $539,999 | 1 | $539,000 | $539,000 | $539,000 | 246 | |||
| $555,000 - $559,999 | 1 | $559,000 | $559,000 | $559,000 | 699 | |||
| $650,000 - $654,999 | 1 | $650,000 | $650,000 | $650,000 | 465 | |||
| Sub Total | 19 | $5,504,800 | $289,726 | $210,000 | 240 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $85,000 - $89,999 | 1 | $87,500 | $87,500 | $87,500 | 215 | |||
| $120,000 - $124,999 | 2 | $242,000 | $121,000 | $121,000 | 187 | |||
| $125,000 - $129,999 | 1 | $125,000 | $125,000 | $125,000 | 91 | |||
| $130,000 - $134,999 | 1 | $131,000 | $131,000 | $131,000 | 307 | |||
| $135,000 - $139,999 | 1 | $139,000 | $139,000 | $139,000 | 290 | |||
| $140,000 - $144,999 | 1 | $142,000 | $142,000 | $142,000 | 79 | |||
| $145,000 - $149,999 | 2 | $290,000 | $145,000 | $145,000 | 100 | |||
| $150,000 - $154,999 | 1 | $150,000 | $150,000 | $150,000 | 438 | |||
| $175,000 - $179,999 | 1 | $175,050 | $175,050 | $175,050 | 27 | |||
| $180,000 - $184,999 | 4 | $722,400 | $180,600 | $180,250 | 89 | |||
| $200,000 - $204,999 | 2 | $403,000 | $201,500 | $201,500 | 233 | |||
| $205,000 - $209,999 | 1 | $205,000 | $205,000 | $205,000 | 307 | |||
| $210,000 - $214,999 | 1 | $210,000 | $210,000 | $210,000 | 40 | |||
| $220,000 - $224,999 | 3 | $660,221 | $220,074 | $220,000 | 63 | |||
| $225,000 - $229,999 | 2 | $458,900 | $229,450 | $229,450 | 111 | |||
| $230,000 - $234,999 | 1 | $230,000 | $230,000 | $230,000 | 433 | |||
| $250,000 - $254,999 | 2 | $500,000 | $250,000 | $250,000 | 63 | |||
| $260,000 - $264,999 | 2 | $520,000 | $260,000 | $260,000 | 128 | |||
| $265,000 - $269,999 | 1 | $269,900 | $269,900 | $269,900 | 38 | |||
| $280,000 - $284,999 | 1 | $280,000 | $280,000 | $280,000 | 199 | |||
| $285,000 - $289,999 | 2 | $574,900 | $287,450 | $287,450 | 150 | |||
| $290,000 - $294,999 | 2 | $582,000 | $291,000 | $291,000 | 58 | |||
| $295,000 - $299,999 | 1 | $299,900 | $299,900 | $299,900 | 48 | |||
| $300,000 - $304,999 | 2 | $601,000 | $300,500 | $300,500 | 196 | |||
| $325,000 - $329,999 | 2 | $656,500 | $328,250 | $328,250 | 79 | |||
| $335,000 - $339,999 | 3 | $1,009,900 | $336,633 | $335,000 | 176 | |||
| $340,000 - $344,999 | 2 | $680,000 | $340,000 | $340,000 | 226 | |||
| $350,000 - $354,999 | 1 | $350,000 | $350,000 | $350,000 | 134 | |||
| $355,000 - $359,999 | 3 | $1,072,310 | $357,437 | $356,400 | 117 | |||
| $365,000 - $369,999 | 1 | $369,000 | $369,000 | $369,000 | 223 | |||
| $375,000 - $379,999 | 2 | $753,000 | $376,500 | $376,500 | 100 | |||
| $380,000 - $384,999 | 2 | $762,500 | $381,250 | $381,250 | 170 | |||
| $395,000 - $399,999 | 1 | $399,000 | $399,000 | $399,000 | 41 | |||
| $410,000 - $414,999 | 1 | $410,000 | $410,000 | $410,000 | 41 | |||
| $415,000 - $419,999 | 1 | $415,000 | $415,000 | $415,000 | 255 | |||
| $435,000 - $439,999 | 1 | $439,000 | $439,000 | $439,000 | 131 | |||
| $450,000 - $454,999 | 2 | $900,000 | $450,000 | $450,000 | 60 | |||
| $455,000 - $459,999 | 2 | $911,000 | $455,500 | $455,500 | 163 | |||
| $485,000 - $489,999 | 3 | $1,458,000 | $486,000 | $485,000 | 341 | |||
| $500,000 - $504,999 | 2 | $1,000,000 | $500,000 | $500,000 | 73 | |||
| $510,000 - $514,999 | 1 | $510,000 | $510,000 | $510,000 | 551 | |||
| $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 | 137 | |||
| $545,000 - $549,999 | 2 | $1,090,000 | $545,000 | $545,000 | 63 | |||
| $550,000 - $554,999 | 2 | $1,100,000 | $550,000 | $550,000 | 63 | |||
| $575,000 - $579,999 | 2 | $1,150,000 | $575,000 | $575,000 | 379 | |||
| $580,000 - $584,999 | 1 | $580,000 | $580,000 | $580,000 | 253 | |||
| $590,000 - $594,999 | 1 | $590,000 | $590,000 | $590,000 | 156 | |||
| $600,000 - $604,999 | 2 | $1,204,900 | $602,450 | $602,450 | 60 | |||
| $625,000 - $629,999 | 3 | $1,879,000 | $626,333 | $625,000 | 196 | |||
| $630,000 - $634,999 | 1 | $630,000 | $630,000 | $630,000 | 349 | |||
| $705,000 - $709,999 | 1 | $705,999 | $705,999 | $705,999 | 202 | |||
| $715,000 - $719,999 | 1 | $715,000 | $715,000 | $715,000 | 102 | |||
| $720,000 - $724,999 | 1 | $722,000 | $722,000 | $722,000 | 76 | |||
| $725,000 - $729,999 | 1 | $725,000 | $725,000 | $725,000 | 107 | |||
| $750,000 - $754,999 | 1 | $751,000 | $751,000 | $751,000 | 56 | |||
| $755,000 - $759,999 | 1 | $756,000 | $756,000 | $756,000 | 248 | |||
| $770,000 - $774,999 | 1 | $770,000 | $770,000 | $770,000 | 97 | |||
| Sub Total | 92 | $35,039,880 | $380,868 | $353,000 | 154 | |||
| Grand Totals | 200 | $79,930,201 | $399,651 | $390,000 | 202 | |||
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