NV Weekly Market Activity Report

February 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 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 side is still improving with an increase of 3 Pending Sales and Active Listings remains the same as last week.  The ratio of Active Listings to Pending Sales has increased from 7.2% to 9.2%.  There are 2 more sales for a total of 4 for 2009.  The Sold Median Price is $526,500, the Average Sold Price is $539,500 and the Average Days On Market (DOM) is 155 days.

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $275,000 - $279,999 1 $279,500 $279,500 $279,500 66
      $385,000 - $389,999 1 $389,250 $389,250 $389,250 123
      $405,000 - $409,999 1 $405,000 $405,000 $405,000 147
      $415,000 - $419,999 1 $415,000 $415,000 $415,000 143
      $430,000 - $434,999 1 $430,000 $430,000 $430,000 22
      $445,000 - $449,999 2 $898,000 $449,000 $449,000 106
      $475,000 - $479,999 2 $958,000 $479,000 $479,000 260
      $500,000 - $504,999 2 $1,000,000 $500,000 $500,000 120
      $515,000 - $519,999 1 $519,000 $519,000 $519,000 24
      $525,000 - $529,999 1 $529,000 $529,000 $529,000 136
      $545,000 - $549,999 1 $549,000 $549,000 $549,000 74
      $555,000 - $559,999 1 $555,000 $555,000 $555,000 306
      $565,000 - $569,999 1 $565,000 $565,000 $565,000 483
      $585,000 - $589,999 1 $589,000 $589,000 $589,000 365
      $595,000 - $599,999 2 $1,194,000 $597,000 $597,000 146
      $625,000 - $629,999 1 $625,000 $625,000 $625,000 25
      $635,000 - $639,999 1 $639,000 $639,000 $639,000 118
      $645,000 - $649,999 1 $645,000 $645,000 $645,000 311
      $685,000 - $689,999 1 $689,500 $689,500 $689,500 195
      $695,000 - $699,999 2 $1,394,000 $697,000 $697,000 83
      $700,000 - $704,999 1 $700,000 $700,000 $700,000 286
      $715,000 - $719,999 1 $719,000 $719,000 $719,000 132
      $745,000 - $749,999 2 $1,498,000 $749,000 $749,000 548
      $750,000 - $754,999 2 $1,500,000 $750,000 $750,000 218
      $795,000 - $799,999 3 $2,389,557 $796,519 $795,057 216
      $845,000 - $849,999 1 $849,999 $849,999 $849,999 95
      $895,000 - $899,999 1 $899,000 $899,000 $899,000 303
      $975,000 - $979,999 1 $975,000 $975,000 $975,000 230
      $985,000 - $989,999 1 $989,000 $989,000 $989,000 378
      $995,000 - $999,999 2 $1,994,000 $997,000 $997,000 324
      $1,050,000 - $1,054,999 1 $1,050,000 $1,050,000 $1,050,000 224
      $1,085,000 - $1,089,999 1 $1,088,000 $1,088,000 $1,088,000 151
      $1,090,000 - $1,094,999 1 $1,090,000 $1,090,000 $1,090,000 512
      $1,095,000 - $1,099,999 2 $2,190,000 $1,095,000 $1,095,000 370
      $1,195,000 - $1,199,999 1 $1,195,000 $1,195,000 $1,195,000 513
      $1,200,000 - $1,204,999 1 $1,200,000 $1,200,000 $1,200,000 563
      $1,245,000 - $1,249,999 2 $2,498,000 $1,249,000 $1,249,000 272
      $1,250,000 - $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 270
      $1,295,000 - $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 134
      $1,300,000 - $1,304,999 1 $1,300,000 $1,300,000 $1,300,000 6
      $1,385,000 - $1,389,999 1 $1,385,000 $1,385,000 $1,385,000 545
      $1,395,000 - $1,399,999 3 $4,193,000 $1,397,667 $1,399,000 259
      $1,445,000 - $1,449,999 1 $1,449,000 $1,449,000 $1,449,000 91
      $1,495,000 - $1,499,999 2 $2,994,000 $1,497,000 $1,497,000 430
      $1,595,000 - $1,599,999 1 $1,595,000 $1,595,000 $1,595,000 289
      $1,600,000 - $1,604,999 1 $1,600,000 $1,600,000 $1,600,000 89
      $1,750,000 - $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 55
      $1,790,000 - $1,794,999 1 $1,790,000 $1,790,000 $1,790,000 182
      $1,795,000 - $1,799,999 2 $3,590,000 $1,795,000 $1,795,000 472
      $1,900,000 - $1,904,999 2 $3,800,000 $1,900,000 $1,900,000 329
      $1,975,000 - $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 196
      $1,995,000 - $1,999,999 2 $3,990,000 $1,995,000 $1,995,000 295
      $2,100,000 - $2,104,999 2 $4,200,000 $2,100,000 $2,100,000 602
      $2,150,000 - $2,154,999 1 $2,150,000 $2,150,000 $2,150,000 29
      $2,275,000 - $2,279,999 1 $2,275,000 $2,275,000 $2,275,000 441
      $2,295,000 - $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 296
      $2,300,000 - $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 244
      $2,345,000 - $2,349,999 1 $2,345,000 $2,345,000 $2,345,000 275
      $2,450,000 - $2,454,999 1 $2,450,000 $2,450,000 $2,450,000 100
      $2,455,000 - $2,459,999 1 $2,459,000 $2,459,000 $2,459,000 227
      $2,495,000 - $2,499,999 2 $4,990,000 $2,495,000 $2,495,000 149
      $2,550,000 - $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 697
      $2,580,000 - $2,584,999 1 $2,580,000 $2,580,000 $2,580,000 217
      $2,595,000 - $2,599,999 1 $2,595,000 $2,595,000 $2,595,000 410
      $2,700,000 - $2,704,999 1 $2,700,000 $2,700,000 $2,700,000 164
      $2,750,000 - $2,754,999 3 $8,250,000 $2,750,000 $2,750,000 350
      $2,795,000 - $2,799,999 1 $2,798,000 $2,798,000 $2,798,000 694
      $2,995,000 - $2,999,999 2 $5,994,000 $2,997,000 $2,997,000 623
      $3,400,000 - $3,404,999 1 $3,400,000 $3,400,000 $3,400,000 550
      $3,495,000 - $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 260
      $3,800,000 - $3,804,999 1 $3,800,000 $3,800,000 $3,800,000 513
      $3,990,000 - $3,994,999 1 $3,990,000 $3,990,000 $3,990,000 823
      $3,995,000 - $3,999,999 2 $7,994,999 $3,997,500 $3,997,500 206
      $4,495,000 - $4,499,999 2 $8,990,000 $4,495,000 $4,495,000 261
      $4,750,000 - $4,754,999 1 $4,750,000 $4,750,000 $4,750,000 86
      $4,950,000 - $4,954,999 2 $9,900,000 $4,950,000 $4,950,000 661
      $5,250,000 - $5,254,999 1 $5,250,000 $5,250,000 $5,250,000 624
      $5,295,000 - $5,299,999 1 $5,295,000 $5,295,000 $5,295,000 193
      $5,400,000 - $5,404,999 1 $5,400,000 $5,400,000 $5,400,000 295
      $5,500,000 - $5,504,999 1 $5,500,000 $5,500,000 $5,500,000 629
      $5,695,000 - $5,699,999 1 $5,695,000 $5,695,000 $5,695,000 120
      $5,950,000 - $5,954,999 2 $11,900,000 $5,950,000 $5,950,000 385
      $5,995,000 - $5,999,999 2 $11,990,000 $5,995,000 $5,995,000 395
      $6,500,000 - $6,504,999 1 $6,500,000 $6,500,000 $6,500,000 84
      $7,495,000 - $7,499,999 1 $7,495,000 $7,495,000 $7,495,000 587
      $7,750,000 - $7,754,999 1 $7,750,000 $7,750,000 $7,750,000 92
      $9,495,000 - $9,499,999 1 $9,495,000 $9,495,000 $9,495,000 605
      $11,250,000 - $11,254,999 1 $11,250,000 $11,250,000 $11,250,000 549
      $32,500,000 - $32,504,999 1 $32,500,000 $32,500,000 $32,500,000 107
      $100,000,000 - $100,004,999 1 $100,000,000 $100,000,000 $100,000,000 874
Sub Total 118 $395,318,805 $3,350,159 $1,547,000 301
New                
  RESIDENTIAL              
    Residential            
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 1
      $565,000 - $569,999 1 $569,000 $569,000 $569,000 4
Sub Total 2 $968,000 $484,000 $484,000 3
Extended                
  RESIDENTIAL              
    Residential            
      $395,000 - $399,999 1 $399,900 $399,900 $399,900 184
      $795,000 - $799,999 1 $795,000 $795,000 $795,000 187
Sub Total 2 $1,194,900 $597,450 $597,450 186
Price Reduced                
  RESIDENTIAL              
    Residential            
      $425,000 - $429,999 1 $425,000 $425,000 $425,000 284
      $495,000 - $499,999 1 $499,900 $499,900 $499,900 57
      $545,000 - $549,999 1 $549,900 $549,900 $549,900 85
      $635,000 - $639,999 1 $639,000 $639,000 $639,000 148
      $645,000 - $649,999 1 $645,000 $645,000 $645,000 167
      $925,000 - $929,999 1 $925,000 $925,000 $925,000 127
      $4,600,000 - $4,604,999 1 $4,600,000 $4,600,000 $4,600,000 268
Sub Total 7 $8,283,800 $1,183,400 $639,000 162
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $295,000 - $299,999 1 $299,900 $299,900 $299,900 166
      $465,000 - $469,999 1 $465,000 $465,000 $465,000 715
      $725,000 - $729,999 1 $725,000 $725,000 $725,000 147
      $1,785,000 - $1,789,999 1 $1,785,000 $1,785,000 $1,785,000 224
      $4,995,000 - $4,999,999 1 $4,995,000 $4,995,000 $4,995,000 299
Sub Total 5 $8,269,900 $1,653,980 $725,000 310
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 13
      $550,000 - $554,999 1 $551,900 $551,900 $551,900 112
      $560,000 - $564,999 1 $560,000 $560,000 $560,000 47
      $775,000 - $779,999 1 $775,000 $775,000 $775,000 83
Sub Total 4 $2,285,900 $571,475 $555,950 64
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $585,000 - $589,999 1 $585,000 $585,000 $585,000 427
      $1,495,000 - $1,499,999 1 $1,495,000 $1,495,000 $1,495,000 169
Sub Total 2 $2,080,000 $1,040,000 $1,040,000 298
SOLD                
  RESIDENTIAL              
    Residential            
      $335,000 - $339,999 1 $335,000 $335,000 $335,000 420
      $450,000 - $454,999 1 $450,000 $450,000 $450,000 6
      $600,000 - $604,999 1 $603,000 $603,000 $603,000 98
      $770,000 - $774,999 1 $770,000 $770,000 $770,000 97
Sub Total 4 $2,158,000 $539,500 $526,500 155
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $325,000 - $329,999 1 $329,900 $329,900 $329,900 106
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 23
Sub Total 2 $1,078,900 $539,450 $539,450 65
                 
Grand Totals 146 $421,638,205 $2,887,933 $1,249,500 275

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