NV Weekly Market Report

June 30, 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.

This past week the Nevada Market Indicator Ratio which is the ratio between Active and Pending Listings is up .7% to 12.5%.  Active Listings are up by 5 and Pending Sales is up by 2.  The number of closed transactions or Sales is up by 3 for a YTD total of 39.  The Median Sales price is $520,000 and the Average Sales Price is $965,578 with a variance of .5% and 1.8% respectively which is up from last week.  This was influenced from a whopping sale of $2,850,000 in Hidden Woods.  The Average Days On Market is 175.

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $325,000 - $329,999 1 $327,900 $327,900 $327,900 15
      $350,000 - $354,999 1 $350,000 $350,000 $350,000 278
      $375,000 - $379,999 1 $379,900 $379,900 $379,900 252
      $385,000 - $389,999 1 $387,500 $387,500 $387,500 91
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 83
      $425,000 - $429,999 2 $850,000 $425,000 $425,000 292
      $525,000 - $529,999 1 $529,000 $529,000 $529,000 206
      $545,000 - $549,999 1 $549,000 $549,000 $549,000 274
      $560,000 - $564,999 1 $564,500 $564,500 $564,500 46
      $575,000 - $579,999 2 $1,154,000 $577,000 $577,000 175
      $585,000 - $589,999 1 $589,000 $589,000 $589,000 503
      $590,000 - $594,999 1 $594,000 $594,000 $594,000 46
      $595,000 - $599,999 5 $2,995,475 $599,095 $599,000 163
      $625,000 - $629,999 1 $625,000 $625,000 $625,000 163
      $640,000 - $644,999 1 $644,000 $644,000 $644,000 151
      $645,000 - $649,999 2 $1,290,000 $645,000 $645,000 351
      $675,000 - $679,999 1 $675,000 $675,000 $675,000 334
      $685,000 - $689,999 1 $689,500 $689,500 $689,500 325
      $745,000 - $749,999 2 $1,494,900 $747,450 $747,450 546
      $750,000 - $754,999 1 $750,000 $750,000 $750,000 372
      $775,000 - $779,999 1 $775,000 $775,000 $775,000 96
      $795,000 - $799,999 2 $1,598,000 $799,000 $799,000 117
      $845,000 - $849,999 3 $2,547,999 $849,333 $849,000 266
      $875,000 - $879,999 1 $875,000 $875,000 $875,000 42
      $895,000 - $899,999 5 $4,480,500 $896,100 $895,000 265
      $925,000 - $929,999 1 $925,000 $925,000 $925,000 75
      $960,000 - $964,999 1 $960,000 $960,000 $960,000 650
      $995,000 - $999,999 1 $995,000 $995,000 $995,000 86
      $1,085,000 - $1,089,999 1 $1,088,000 $1,088,000 $1,088,000 289
      $1,095,000 - $1,099,999 1 $1,095,000 $1,095,000 $1,095,000 847
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 65
      $1,150,000 - $1,154,999 1 $1,150,000 $1,150,000 $1,150,000 379
      $1,190,000 - $1,194,999 1 $1,190,000 $1,190,000 $1,190,000 73
      $1,195,000 - $1,199,999 2 $2,394,000 $1,197,000 $1,197,000 546
      $1,200,000 - $1,204,999 1 $1,200,000 $1,200,000 $1,200,000 699
      $1,250,000 - $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 398
      $1,275,000 - $1,279,999 1 $1,275,000 $1,275,000 $1,275,000 351
      $1,295,000 - $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 657
      $1,300,000 - $1,304,999 1 $1,300,000 $1,300,000 $1,300,000 144
      $1,375,000 - $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 292
      $1,385,000 - $1,389,999 1 $1,385,000 $1,385,000 $1,385,000 683
      $1,395,000 - $1,399,999 1 $1,399,000 $1,399,000 $1,399,000 538
      $1,400,000 - $1,404,999 1 $1,400,000 $1,400,000 $1,400,000 194
      $1,495,000 - $1,499,999 1 $1,495,000 $1,495,000 $1,495,000 20
      $1,500,000 - $1,504,999 1 $1,500,000 $1,500,000 $1,500,000 825
      $1,695,000 - $1,699,999 2 $3,390,000 $1,695,000 $1,695,000 164
      $1,750,000 - $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 193
      $1,775,000 - $1,779,999 1 $1,775,000 $1,775,000 $1,775,000 395
      $1,795,000 - $1,799,999 1 $1,795,000 $1,795,000 $1,795,000 28
      $1,950,000 - $1,954,999 1 $1,950,000 $1,950,000 $1,950,000 54
      $1,975,000 - $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 334
      $1,985,000 - $1,989,999 1 $1,985,000 $1,985,000 $1,985,000 26
      $1,995,000 - $1,999,999 2 $3,994,000 $1,997,000 $1,997,000 228
      $2,095,000 - $2,099,999 1 $2,095,000 $2,095,000 $2,095,000 434
      $2,100,000 - $2,104,999 1 $2,100,000 $2,100,000 $2,100,000 741
      $2,125,000 - $2,129,999 1 $2,125,000 $2,125,000 $2,125,000 407
      $2,150,000 - $2,154,999 1 $2,150,000 $2,150,000 $2,150,000 161
      $2,225,000 - $2,229,999 1 $2,225,000 $2,225,000 $2,225,000 413
      $2,275,000 - $2,279,999 1 $2,275,000 $2,275,000 $2,275,000 579
      $2,295,000 - $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 316
      $2,300,000 - $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 42
      $2,400,000 - $2,404,999 1 $2,400,000 $2,400,000 $2,400,000 1026
      $2,455,000 - $2,459,999 1 $2,459,000 $2,459,000 $2,459,000 349
      $2,490,000 - $2,494,999 1 $2,490,000 $2,490,000 $2,490,000 421
      $2,495,000 - $2,499,999 1 $2,495,000 $2,495,000 $2,495,000 832
      $2,500,000 - $2,504,999 1 $2,500,000 $2,500,000 $2,500,000 248
      $2,550,000 - $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 34
      $2,595,000 - $2,599,999 2 $5,194,000 $2,597,000 $2,597,000 579
      $2,785,000 - $2,789,999 1 $2,785,000 $2,785,000 $2,785,000 168
      $2,795,000 - $2,799,999 1 $2,795,000 $2,795,000 $2,795,000 62
      $2,845,000 - $2,849,999 1 $2,845,000 $2,845,000 $2,845,000 15
      $2,900,000 - $2,904,999 1 $2,900,000 $2,900,000 $2,900,000 66
      $2,995,000 - $2,999,999 1 $2,999,000 $2,999,000 $2,999,000 174
      $3,300,000 - $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 688
      $3,495,000 - $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 398
      $3,500,000 - $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 331
      $3,800,000 - $3,804,999 1 $3,800,000 $3,800,000 $3,800,000 651
      $3,900,000 - $3,904,999 1 $3,900,000 $3,900,000 $3,900,000 18
      $3,950,000 - $3,954,999 1 $3,950,000 $3,950,000 $3,950,000 135
      $3,990,000 - $3,994,999 1 $3,990,000 $3,990,000 $3,990,000 961
      $3,995,000 - $3,999,999 2 $7,990,000 $3,995,000 $3,995,000 60
      $4,600,000 - $4,604,999 1 $4,600,000 $4,600,000 $4,600,000 381
      $4,680,000 - $4,684,999 1 $4,680,000 $4,680,000 $4,680,000 53
      $4,700,000 - $4,704,999 1 $4,700,000 $4,700,000 $4,700,000 46
      $4,750,000 - $4,754,999 1 $4,750,000 $4,750,000 $4,750,000 224
      $4,775,000 - $4,779,999 1 $4,778,000 $4,778,000 $4,778,000 25
      $4,950,000 - $4,954,999 3 $14,850,000 $4,950,000 $4,950,000 441
      $4,975,000 - $4,979,999 1 $4,975,000 $4,975,000 $4,975,000 23
      $4,995,000 - $4,999,999 2 $9,990,000 $4,995,000 $4,995,000 445
      $5,300,000 - $5,304,999 1 $5,300,000 $5,300,000 $5,300,000 105
      $5,500,000 - $5,504,999 1 $5,500,000 $5,500,000 $5,500,000 127
      $5,695,000 - $5,699,999 1 $5,695,000 $5,695,000 $5,695,000 433
      $5,900,000 - $5,904,999 1 $5,900,000 $5,900,000 $5,900,000 222
      $5,950,000 - $5,954,999 1 $5,950,000 $5,950,000 $5,950,000 306
      $6,495,000 - $6,499,999 1 $6,495,000 $6,495,000 $6,495,000 725
      $7,750,000 - $7,754,999 1 $7,750,000 $7,750,000 $7,750,000 223
      $7,975,000 - $7,979,999 1 $7,975,000 $7,975,000 $7,975,000 26
      $9,750,000 - $9,754,999 1 $9,750,000 $9,750,000 $9,750,000 687
      $19,250,000 - $19,254,999 1 $19,250,000 $19,250,000 $19,250,000 239
      $100,000,000 - $100,004,999 1 $100,000,000 $100,000,000 $100,000,000 1012
      Sub Total 123 $389,289,174 $3,164,953 $1,695,000 304
New                
  RESIDENTIAL              
    Residential            
      $345,000 - $349,999 1 $349,900 $349,900 $349,900 4
      $635,000 - $639,999 1 $639,000 $639,000 $639,000 6
      $840,000 - $844,999 1 $841,500 $841,500 $841,500 0
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 5
      $1,495,000 - $1,499,999 1 $1,495,000 $1,495,000 $1,495,000 4
      $5,300,000 - $5,304,999 1 $5,300,000 $5,300,000 $5,300,000 7
      $6,495,000 - $6,499,999 1 $6,495,000 $6,495,000 $6,495,000 4
      Sub Total 7 $16,220,400 $2,317,200 $1,100,000 4
Extended                
  RESIDENTIAL              
    Residential            
      $795,000 - $799,999 2 $1,590,057 $795,029 $795,029 484
      $2,190,000 - $2,194,999 1 $2,190,000 $2,190,000 $2,190,000 349
      $3,995,000 - $3,999,999 1 $3,999,000 $3,999,000 $3,999,000 362
      $4,950,000 - $4,954,999 1 $4,950,000 $4,950,000 $4,950,000 1158
      Sub Total 5 $12,729,057 $2,545,811 $2,190,000 567
Price Reduced                
  RESIDENTIAL              
    Residential            
      $535,000 - $539,999 1 $535,000 $535,000 $535,000 125
      $875,000 - $879,999 1 $875,000 $875,000 $875,000 258
      $1,245,000 - $1,249,999 1 $1,249,000 $1,249,000 $1,249,000 481
      $1,275,000 - $1,279,999 1 $1,275,000 $1,275,000 $1,275,000 97
      $1,550,000 - $1,554,999 1 $1,550,000 $1,550,000 $1,550,000 202
      Sub Total 5 $5,484,000 $1,096,800 $1,249,000 233
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $995,000 - $999,999 1 $995,000 $995,000 $995,000 454
      Sub Total 1 $995,000 $995,000 $995,000 454
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $275,000 - $279,999 1 $279,900 $279,900 $279,900 89
      $380,000 - $384,999 1 $384,900 $384,900 $384,900 117
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 101
      $410,000 - $414,999 1 $410,900 $410,900 $410,900 216
      $415,000 - $419,999 1 $415,000 $415,000 $415,000 231
      $795,000 - $799,999 1 $795,000 $795,000 $795,000 106
      Sub Total 6 $2,684,700 $447,450 $404,950 143
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $295,000 - $299,999 1 $295,000 $295,000 $295,000 122
      $500,000 - $504,999 2 $1,000,000 $500,000 $500,000 258
      $550,000 - $554,999 1 $550,000 $550,000 $550,000 244
      $555,000 - $559,999 1 $559,000 $559,000 $559,000 565
      $595,000 - $599,999 1 $599,000 $599,000 $599,000 97
      $650,000 - $654,999 1 $650,000 $650,000 $650,000 346
      $840,000 - $844,999 1 $840,000 $840,000 $840,000 112
      $1,995,000 - $1,999,999 1 $1,995,000 $1,995,000 $1,995,000 34
      Sub Total 9 $6,488,000 $720,889 $559,000 226
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
      $350,000 - $354,999 1 $350,000 $350,000 $350,000 134
      $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 2 $1,090,000 $545,000 $545,000 63
      $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
      $2,625,000 - $2,629,999 1 $2,625,000 $2,625,000 $2,625,000 652
      $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 39 $37,657,530 $965,578 $520,000 175
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $280,000 - $284,999 1 $284,900 $284,900 $284,900 32
      $595,000 - $599,999 1 $595,000 $595,000 $595,000 33
      $605,000 - $609,999 1 $606,900 $606,900 $606,900 6
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 161
      Sub Total 4 $2,235,800 $558,950 $600,950 58
                 
Grand Totals 199 $473,783,661 $2,380,822 $995,000 260

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