NV Weekly Market Report

June 24, 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.

There was a slight increase in the Market Activity Ratio this past week between the Active Listings and Pending Sales to make it 11.8%.  There was one completed transaction or sale in the amount of $3,490,000 for a YTD of 36 Sales which increases the Median Sale Price to $517,500 and the Average Sale Price to $948,265.  This is an upward variance of .5% and 7.6% respectively.  The Average Days On Market is 164.  One lake front sale is a huge impact!

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 26
      $325,000 - $329,999 1 $327,900 $327,900 $327,900 9
      $350,000 - $354,999 1 $350,000 $350,000 $350,000 272
      $375,000 - $379,999 1 $379,900 $379,900 $379,900 246
      $385,000 - $389,999 1 $387,500 $387,500 $387,500 85
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 77
      $415,000 - $419,999 1 $415,000 $415,000 $415,000 225
      $425,000 - $429,999 2 $850,000 $425,000 $425,000 286
      $525,000 - $529,999 1 $529,000 $529,000 $529,000 200
      $545,000 - $549,999 1 $549,000 $549,000 $549,000 268
      $560,000 - $564,999 1 $564,500 $564,500 $564,500 40
      $575,000 - $579,999 2 $1,154,000 $577,000 $577,000 169
      $585,000 - $589,999 1 $589,000 $589,000 $589,000 497
      $590,000 - $594,999 1 $594,000 $594,000 $594,000 40
      $595,000 - $599,999 6 $3,590,475 $598,413 $599,000 150
      $625,000 - $629,999 1 $625,000 $625,000 $625,000 157
      $640,000 - $644,999 1 $644,000 $644,000 $644,000 145
      $645,000 - $649,999 2 $1,290,000 $645,000 $645,000 345
      $675,000 - $679,999 1 $675,000 $675,000 $675,000 328
      $685,000 - $689,999 1 $689,500 $689,500 $689,500 319
      $745,000 - $749,999 2 $1,494,900 $747,450 $747,450 540
      $750,000 - $754,999 1 $750,000 $750,000 $750,000 366
      $775,000 - $779,999 1 $775,000 $775,000 $775,000 90
      $795,000 - $799,999 3 $2,393,057 $797,686 $799,000 293
      $845,000 - $849,999 2 $1,698,999 $849,500 $849,500 295
      $875,000 - $879,999 1 $875,000 $875,000 $875,000 36
      $895,000 - $899,999 5 $4,480,500 $896,100 $895,000 259
      $925,000 - $929,999 2 $1,850,000 $925,000 $925,000 161
      $960,000 - $964,999 1 $960,000 $960,000 $960,000 644
      $995,000 - $999,999 2 $1,990,000 $995,000 $995,000 264
      $1,085,000 - $1,089,999 1 $1,088,000 $1,088,000 $1,088,000 283
      $1,095,000 - $1,099,999 1 $1,095,000 $1,095,000 $1,095,000 841
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 59
      $1,190,000 - $1,194,999 1 $1,190,000 $1,190,000 $1,190,000 67
      $1,195,000 - $1,199,999 2 $2,394,000 $1,197,000 $1,197,000 540
      $1,200,000 - $1,204,999 1 $1,200,000 $1,200,000 $1,200,000 693
      $1,250,000 - $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 392
      $1,275,000 - $1,279,999 1 $1,275,000 $1,275,000 $1,275,000 345
      $1,295,000 - $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 651
      $1,300,000 - $1,304,999 2 $2,600,000 $1,300,000 $1,300,000 307
      $1,375,000 - $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 286
      $1,385,000 - $1,389,999 1 $1,385,000 $1,385,000 $1,385,000 677
      $1,395,000 - $1,399,999 1 $1,399,000 $1,399,000 $1,399,000 532
      $1,400,000 - $1,404,999 1 $1,400,000 $1,400,000 $1,400,000 188
      $1,495,000 - $1,499,999 1 $1,495,000 $1,495,000 $1,495,000 14
      $1,500,000 - $1,504,999 1 $1,500,000 $1,500,000 $1,500,000 819
      $1,600,000 - $1,604,999 1 $1,600,000 $1,600,000 $1,600,000 196
      $1,695,000 - $1,699,999 2 $3,390,000 $1,695,000 $1,695,000 158
      $1,750,000 - $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 187
      $1,775,000 - $1,779,999 1 $1,775,000 $1,775,000 $1,775,000 389
      $1,795,000 - $1,799,999 1 $1,795,000 $1,795,000 $1,795,000 22
      $1,950,000 - $1,954,999 1 $1,950,000 $1,950,000 $1,950,000 48
      $1,975,000 - $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 328
      $1,985,000 - $1,989,999 1 $1,985,000 $1,985,000 $1,985,000 20
      $1,995,000 - $1,999,999 2 $3,994,000 $1,997,000 $1,997,000 222
      $2,095,000 - $2,099,999 1 $2,095,000 $2,095,000 $2,095,000 428
      $2,125,000 - $2,129,999 1 $2,125,000 $2,125,000 $2,125,000 401
      $2,150,000 - $2,154,999 1 $2,150,000 $2,150,000 $2,150,000 155
      $2,190,000 - $2,194,999 1 $2,190,000 $2,190,000 $2,190,000 343
      $2,225,000 - $2,229,999 1 $2,225,000 $2,225,000 $2,225,000 407
      $2,275,000 - $2,279,999 1 $2,275,000 $2,275,000 $2,275,000 573
      $2,295,000 - $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 310
      $2,300,000 - $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 36
      $2,400,000 - $2,404,999 1 $2,400,000 $2,400,000 $2,400,000 1020
      $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 $2,490,000 415
      $2,495,000 - $2,499,999 1 $2,495,000 $2,495,000 $2,495,000 826
      $2,550,000 - $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 28
      $2,595,000 - $2,599,999 2 $5,194,000 $2,597,000 $2,597,000 573
      $2,785,000 - $2,789,999 1 $2,785,000 $2,785,000 $2,785,000 162
      $2,795,000 - $2,799,999 1 $2,795,000 $2,795,000 $2,795,000 56
      $2,845,000 - $2,849,999 1 $2,845,000 $2,845,000 $2,845,000 9
      $2,900,000 - $2,904,999 1 $2,900,000 $2,900,000 $2,900,000 60
      $2,995,000 - $2,999,999 1 $2,999,000 $2,999,000 $2,999,000 168
      $3,300,000 - $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 682
      $3,495,000 - $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 392
      $3,500,000 - $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 325
      $3,800,000 - $3,804,999 1 $3,800,000 $3,800,000 $3,800,000 645
      $3,950,000 - $3,954,999 1 $3,950,000 $3,950,000 $3,950,000 129
      $3,990,000 - $3,994,999 1 $3,990,000 $3,990,000 $3,990,000 955
      $3,995,000 - $3,999,999 2 $7,990,000 $3,995,000 $3,995,000 54
      $4,495,000 - $4,499,999 1 $4,495,000 $4,495,000 $4,495,000 356
      $4,600,000 - $4,604,999 1 $4,600,000 $4,600,000 $4,600,000 375
      $4,680,000 - $4,684,999 1 $4,680,000 $4,680,000 $4,680,000 47
      $4,700,000 - $4,704,999 1 $4,700,000 $4,700,000 $4,700,000 40
      $4,750,000 - $4,754,999 1 $4,750,000 $4,750,000 $4,750,000 218
      $4,775,000 - $4,779,999 1 $4,778,000 $4,778,000 $4,778,000 19
      $4,950,000 - $4,954,999 4 $19,800,000 $4,950,000 $4,950,000 614
      $4,975,000 - $4,979,999 1 $4,975,000 $4,975,000 $4,975,000 17
      $4,995,000 - $4,999,999 2 $9,990,000 $4,995,000 $4,995,000 439
      $5,300,000 - $5,304,999 1 $5,300,000 $5,300,000 $5,300,000 99
      $5,500,000 - $5,504,999 1 $5,500,000 $5,500,000 $5,500,000 121
      $5,695,000 - $5,699,999 1 $5,695,000 $5,695,000 $5,695,000 427
      $5,900,000 - $5,904,999 1 $5,900,000 $5,900,000 $5,900,000 216
      $5,950,000 - $5,954,999 1 $5,950,000 $5,950,000 $5,950,000 300
      $6,495,000 - $6,499,999 1 $6,495,000 $6,495,000 $6,495,000 719
      $7,750,000 - $7,754,999 1 $7,750,000 $7,750,000 $7,750,000 217
      $7,975,000 - $7,979,999 1 $7,975,000 $7,975,000 $7,975,000 20
      $9,750,000 - $9,754,999 1 $9,750,000 $9,750,000 $9,750,000 681
      $19,250,000 - $19,254,999 1 $19,250,000 $19,250,000 $19,250,000 233
      $100,000,000 - $100,004,999 1 $100,000,000 $100,000,000 $100,000,000 1006
      Sub Total 129 $397,335,131 $3,080,117 $1,495,000 305
New                
  RESIDENTIAL              
    Residential            
      $3,900,000 - $3,904,999 1 $3,900,000 $3,900,000 $3,900,000 12
      Sub Total 1 $3,900,000 $3,900,000 $3,900,000 12
Extended                
  RESIDENTIAL              
    Residential            
      $845,000 - $849,999 1 $849,000 $849,000 $849,000 190
      $1,350,000 - $1,354,999 1 $1,350,000 $1,350,000 $1,350,000 91
      $2,100,000 - $2,104,999 1 $2,100,000 $2,100,000 $2,100,000 735
      $2,500,000 - $2,504,999 1 $2,500,000 $2,500,000 $2,500,000 242
      Sub Total 4 $6,799,000 $1,699,750 $1,725,000 315
Price Reduced                
  RESIDENTIAL              
    Residential            
      $1,150,000 - $1,154,999 1 $1,150,000 $1,150,000 $1,150,000 373
      Sub Total 1 $1,150,000 $1,150,000 $1,150,000 373
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $595,000 - $599,999 1 $599,500 $599,500 $599,500 104
      Sub Total 1 $599,500 $599,500 $599,500 104
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $275,000 - $279,999 1 $279,900 $279,900 $279,900 83
      $360,000 - $364,999 1 $360,000 $360,000 $360,000 133
      $380,000 - $384,999 1 $384,900 $384,900 $384,900 111
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 95
      $410,000 - $414,999 1 $410,900 $410,900 $410,900 210
      $795,000 - $799,999 1 $795,000 $795,000 $795,000 100
      Sub Total 6 $2,629,700 $438,283 $391,950 122
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $295,000 - $299,999 1 $295,000 $295,000 $295,000 116
      $500,000 - $504,999 2 $1,000,000 $500,000 $500,000 252
      $550,000 - $554,999 1 $550,000 $550,000 $550,000 238
      $555,000 - $559,999 1 $559,000 $559,000 $559,000 559
      $595,000 - $599,999 1 $599,000 $599,000 $599,000 91
      $650,000 - $654,999 1 $650,000 $650,000 $650,000 340
      $840,000 - $844,999 1 $840,000 $840,000 $840,000 106
      $1,995,000 - $1,999,999 1 $1,995,000 $1,995,000 $1,995,000 28
      Sub Total 9 $6,488,000 $720,889 $559,000 220
SOLD                
  RESIDENTIAL              
    Residential            
      $180,000 - $184,999 1 $181,900 $181,900 $181,900 34
      $220,000 - $224,999 1 $220,221 $220,221 $220,221 47
      $250,000 - $254,999 1 $250,000 $250,000 $250,000 93
      $280,000 - $284,999 1 $280,000 $280,000 $280,000 199
      $325,000 - $329,999 1 $327,500 $327,500 $327,500 118
      $335,000 - $339,999 1 $335,000 $335,000 $335,000 420
      $355,000 - $359,999 2 $715,910 $357,955 $357,955 154
      $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
      $485,000 - $489,999 2 $973,000 $486,500 $486,500 342
      $500,000 - $504,999 1 $500,000 $500,000 $500,000 49
      $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 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 79
      $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
      $770,000 - $774,999 1 $770,000 $770,000 $770,000 97
      $780,000 - $784,999 1 $781,000 $781,000 $781,000 100
      $950,000 - $954,999 1 $950,000 $950,000 $950,000 40
      $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
      $3,300,000 - $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 94
      $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 36 $34,137,530 $948,265 $517,500 164
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $595,000 - $599,999 1 $595,000 $595,000 $595,000 27
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 155
      Sub Total 2 $1,344,000 $672,000 $672,000 91
                 
Grand Totals 189 $454,382,861 $2,404,142 $995,000 264

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