NV Weekly Market Report
March 23, 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 NV market is right behind the CA market. It has one more Active Listing and the same amount of Pending Sales to remain consistant with last week with a ratio of 10.7%. The Sales for the year has increased by 2 with a Median Sales Price of $500,000, Average Sales Price of $1,125,868 and Days On Market (DOM) is 177 days.
| Status | Class | Type | Price Range | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $260,000 – $264,999 | 1 | $262,730 | $262,730 | $262,730 | 105 | |||
| $295,000 – $299,999 | 1 | $297,450 | $297,450 | $297,450 | 26 | |||
| $385,000 – $389,999 | 1 | $389,250 | $389,250 | $389,250 | 162 | |||
| $395,000 – $399,999 | 1 | $397,750 | $397,750 | $397,750 | 20 | |||
| $405,000 – $409,999 | 1 | $408,500 | $408,500 | $408,500 | 61 | |||
| $410,000 – $414,999 | 1 | $413,900 | $413,900 | $413,900 | 18 | |||
| $445,000 – $449,999 | 1 | $449,000 | $449,000 | $449,000 | 146 | |||
| $475,000 – $479,999 | 3 | $1,433,000 | $477,667 | $479,000 | 220 | |||
| $525,000 – $529,999 | 1 | $529,000 | $529,000 | $529,000 | 175 | |||
| $545,000 – $549,999 | 1 | $549,000 | $549,000 | $549,000 | 113 | |||
| $555,000 – $559,999 | 1 | $555,000 | $555,000 | $555,000 | 345 | |||
| $575,000 – $579,999 | 1 | $575,000 | $575,000 | $575,000 | 10 | |||
| $585,000 – $589,999 | 1 | $589,000 | $589,000 | $589,000 | 404 | |||
| $595,000 – $599,999 | 4 | $2,392,000 | $598,000 | $599,000 | 147 | |||
| $625,000 – $629,999 | 2 | $1,250,000 | $625,000 | $625,000 | 38 | |||
| $635,000 – $639,999 | 2 | $1,278,000 | $639,000 | $639,000 | 182 | |||
| $645,000 – $649,999 | 1 | $645,000 | $645,000 | $645,000 | 350 | |||
| $685,000 – $689,999 | 1 | $689,500 | $689,500 | $689,500 | 234 | |||
| $695,000 – $699,999 | 1 | $695,000 | $695,000 | $695,000 | 52 | |||
| $715,000 – $719,999 | 1 | $719,000 | $719,000 | $719,000 | 171 | |||
| $745,000 – $749,999 | 2 | $1,498,000 | $749,000 | $749,000 | 587 | |||
| $750,000 – $754,999 | 3 | $2,250,000 | $750,000 | $750,000 | 180 | |||
| $795,000 – $799,999 | 3 | $2,385,057 | $795,019 | $795,000 | 311 | |||
| $840,000 – $844,999 | 1 | $840,000 | $840,000 | $840,000 | 13 | |||
| $845,000 – $849,999 | 1 | $849,999 | $849,999 | $849,999 | 134 | |||
| $885,000 – $889,999 | 1 | $889,000 | $889,000 | $889,000 | 98 | |||
| $895,000 – $899,999 | 3 | $2,693,000 | $897,667 | $899,000 | 271 | |||
| $925,000 – $929,999 | 1 | $925,000 | $925,000 | $925,000 | 166 | |||
| $975,000 – $979,999 | 1 | $975,000 | $975,000 | $975,000 | 269 | |||
| $995,000 – $999,999 | 1 | $995,000 | $995,000 | $995,000 | 627 | |||
| $1,085,000 – $1,089,999 | 1 | $1,088,000 | $1,088,000 | $1,088,000 | 190 | |||
| $1,090,000 – $1,094,999 | 1 | $1,090,000 | $1,090,000 | $1,090,000 | 551 | |||
| $1,095,000 – $1,099,999 | 2 | $2,190,000 | $1,095,000 | $1,095,000 | 569 | |||
| $1,100,000 – $1,104,999 | 1 | $1,100,000 | $1,100,000 | $1,100,000 | 173 | |||
| $1,195,000 – $1,199,999 | 2 | $2,390,000 | $1,195,000 | $1,195,000 | 285 | |||
| $1,200,000 – $1,204,999 | 1 | $1,200,000 | $1,200,000 | $1,200,000 | 602 | |||
| $1,245,000 – $1,249,999 | 2 | $2,498,000 | $1,249,000 | $1,249,000 | 311 | |||
| $1,295,000 – $1,299,999 | 1 | $1,295,000 | $1,295,000 | $1,295,000 | 599 | |||
| $1,300,000 – $1,304,999 | 1 | $1,300,000 | $1,300,000 | $1,300,000 | 45 | |||
| $1,385,000 – $1,389,999 | 1 | $1,385,000 | $1,385,000 | $1,385,000 | 584 | |||
| $1,395,000 – $1,399,999 | 3 | $4,193,000 | $1,397,667 | $1,399,000 | 298 | |||
| $1,445,000 – $1,449,999 | 1 | $1,449,000 | $1,449,000 | $1,449,000 | 130 | |||
| $1,495,000 – $1,499,999 | 2 | $2,994,000 | $1,497,000 | $1,497,000 | 469 | |||
| $1,595,000 – $1,599,999 | 1 | $1,595,000 | $1,595,000 | $1,595,000 | 328 | |||
| $1,600,000 – $1,604,999 | 1 | $1,600,000 | $1,600,000 | $1,600,000 | 128 | |||
| $1,750,000 – $1,754,999 | 1 | $1,750,000 | $1,750,000 | $1,750,000 | 94 | |||
| $1,790,000 – $1,794,999 | 1 | $1,790,000 | $1,790,000 | $1,790,000 | 221 | |||
| $1,795,000 – $1,799,999 | 1 | $1,795,000 | $1,795,000 | $1,795,000 | 296 | |||
| $1,950,000 – $1,954,999 | 1 | $1,950,000 | $1,950,000 | $1,950,000 | 68 | |||
| $1,975,000 – $1,979,999 | 1 | $1,975,000 | $1,975,000 | $1,975,000 | 235 | |||
| $1,995,000 – $1,999,999 | 1 | $1,995,000 | $1,995,000 | $1,995,000 | 143 | |||
| $2,100,000 – $2,104,999 | 1 | $2,100,000 | $2,100,000 | $2,100,000 | 642 | |||
| $2,190,000 – $2,194,999 | 1 | $2,190,000 | $2,190,000 | $2,190,000 | 256 | |||
| $2,275,000 – $2,279,999 | 1 | $2,275,000 | $2,275,000 | $2,275,000 | 480 | |||
| $2,295,000 – $2,299,999 | 1 | $2,295,000 | $2,295,000 | $2,295,000 | 335 | |||
| $2,300,000 – $2,304,999 | 1 | $2,300,000 | $2,300,000 | $2,300,000 | 283 | |||
| $2,345,000 – $2,349,999 | 1 | $2,345,000 | $2,345,000 | $2,345,000 | 314 | |||
| $2,455,000 – $2,459,999 | 1 | $2,459,000 | $2,459,000 | $2,459,000 | 266 | |||
| $2,495,000 – $2,499,999 | 2 | $4,990,000 | $2,495,000 | $2,495,000 | 443 | |||
| $2,550,000 – $2,554,999 | 1 | $2,550,000 | $2,550,000 | $2,550,000 | 736 | |||
| $2,595,000 – $2,599,999 | 1 | $2,595,000 | $2,595,000 | $2,595,000 | 449 | |||
| $2,640,000 – $2,644,999 | 1 | $2,640,000 | $2,640,000 | $2,640,000 | 328 | |||
| $2,750,000 – $2,754,999 | 2 | $5,500,000 | $2,750,000 | $2,750,000 | 420 | |||
| $2,995,000 – $2,999,999 | 1 | $2,999,000 | $2,999,000 | $2,999,000 | 75 | |||
| $3,400,000 – $3,404,999 | 1 | $3,400,000 | $3,400,000 | $3,400,000 | 589 | |||
| $3,495,000 – $3,499,999 | 1 | $3,495,000 | $3,495,000 | $3,495,000 | 299 | |||
| $3,800,000 – $3,804,999 | 1 | $3,800,000 | $3,800,000 | $3,800,000 | 552 | |||
| $3,900,000 – $3,904,999 | 1 | $3,900,000 | $3,900,000 | $3,900,000 | 336 | |||
| $3,990,000 – $3,994,999 | 1 | $3,990,000 | $3,990,000 | $3,990,000 | 862 | |||
| $3,995,000 – $3,999,999 | 2 | $7,994,999 | $3,997,500 | $3,997,500 | 245 | |||
| $4,000,000 – $4,004,999 | 1 | $4,000,000 | $4,000,000 | $4,000,000 | 8 | |||
| $4,375,000 – $4,379,999 | 1 | $4,375,000 | $4,375,000 | $4,375,000 | 36 | |||
| $4,495,000 – $4,499,999 | 1 | $4,495,000 | $4,495,000 | $4,495,000 | 263 | |||
| $4,600,000 – $4,604,999 | 1 | $4,600,000 | $4,600,000 | $4,600,000 | 307 | |||
| $4,750,000 – $4,754,999 | 1 | $4,750,000 | $4,750,000 | $4,750,000 | 125 | |||
| $4,950,000 – $4,954,999 | 5 | $24,750,000 | $4,950,000 | $4,950,000 | 465 | |||
| $4,995,000 – $4,999,999 | 1 | $4,995,000 | $4,995,000 | $4,995,000 | 159 | |||
| $5,400,000 – $5,404,999 | 1 | $5,400,000 | $5,400,000 | $5,400,000 | 334 | |||
| $5,500,000 – $5,504,999 | 1 | $5,500,000 | $5,500,000 | $5,500,000 | 28 | |||
| $5,950,000 – $5,954,999 | 1 | $5,950,000 | $5,950,000 | $5,950,000 | 207 | |||
| $5,995,000 – $5,999,999 | 2 | $11,990,000 | $5,995,000 | $5,995,000 | 434 | |||
| $6,500,000 – $6,504,999 | 1 | $6,500,000 | $6,500,000 | $6,500,000 | 123 | |||
| $7,750,000 – $7,754,999 | 1 | $7,750,000 | $7,750,000 | $7,750,000 | 131 | |||
| $9,495,000 – $9,499,999 | 1 | $9,495,000 | $9,495,000 | $9,495,000 | 644 | |||
| $9,750,000 – $9,754,999 | 1 | $9,750,000 | $9,750,000 | $9,750,000 | 31 | |||
| $10,750,000 – $10,754,999 | 1 | $10,750,000 | $10,750,000 | $10,750,000 | 588 | |||
| $19,250,000 – $19,254,999 | 1 | $19,250,000 | $19,250,000 | $19,250,000 | 146 | |||
| $100,000,000 – $100,004,999 | 1 | $100,000,000 | $100,000,000 | $100,000,000 | 913 | |||
| Sub Total | 116 | $375,557,135 | $3,237,562 | $1,397,000 | 290 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $425,000 – $429,999 | 1 | $425,000 | $425,000 | $425,000 | 2 | |||
| $595,000 – $599,999 | 1 | $599,000 | $599,000 | $599,000 | 1 | |||
| $3,995,000 – $3,999,999 | 1 | $3,995,000 | $3,995,000 | $3,995,000 | 0 | |||
| $5,300,000 – $5,304,999 | 1 | $5,300,000 | $5,300,000 | $5,300,000 | 6 | |||
| Sub Total | 4 | $10,319,000 | $2,579,750 | $2,297,000 | 2 | |||
| Extended | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $415,000 – $419,999 | 1 | $415,000 | $415,000 | $415,000 | 182 | |||
| $480,000 – $484,999 | 1 | $484,900 | $484,900 | $484,900 | 124 | |||
| $720,000 – $724,999 | 1 | $720,000 | $720,000 | $720,000 | 663 | |||
| $725,000 – $729,999 | 1 | $725,000 | $725,000 | $725,000 | 186 | |||
| $1,250,000 – $1,254,999 | 1 | $1,250,000 | $1,250,000 | $1,250,000 | 309 | |||
| $1,500,000 – $1,504,999 | 1 | $1,500,000 | $1,500,000 | $1,500,000 | 726 | |||
| $2,295,000 – $2,299,999 | 1 | $2,295,000 | $2,295,000 | $2,295,000 | 223 | |||
| $2,400,000 – $2,404,999 | 1 | $2,400,000 | $2,400,000 | $2,400,000 | 1249 | |||
| Sub Total | 8 | $9,789,900 | $1,223,738 | $987,500 | 458 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $340,000 – $344,999 | 1 | $340,000 | $340,000 | $340,000 | 23 | |||
| $350,000 – $354,999 | 1 | $350,000 | $350,000 | $350,000 | 179 | |||
| $375,000 – $379,999 | 1 | $375,000 | $375,000 | $375,000 | 40 | |||
| $595,000 – $599,999 | 1 | $599,500 | $599,500 | $599,500 | 31 | |||
| $1,500,000 – $1,504,999 | 1 | $1,500,000 | $1,500,000 | $1,500,000 | 95 | |||
| $6,495,000 – $6,499,999 | 1 | $6,495,000 | $6,495,000 | $6,495,000 | 626 | |||
| Sub Total | 6 | $9,659,500 | $1,609,917 | $487,250 | 166 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $1,785,000 – $1,789,999 | 1 | $1,785,000 | $1,785,000 | $1,785,000 | 263 | |||
| Sub Total | 1 | $1,785,000 | $1,785,000 | $1,785,000 | 263 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $565,000 – $569,999 | 2 | $1,134,000 | $567,000 | $567,000 | 283 | |||
| $645,000 – $649,999 | 1 | $649,900 | $649,900 | $649,900 | 58 | |||
| $700,000 – $704,999 | 1 | $700,000 | $700,000 | $700,000 | 325 | |||
| Sub Total | 4 | $2,483,900 | $620,975 | $609,450 | 237 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $425,000 – $429,999 | 1 | $425,000 | $425,000 | $425,000 | 323 | |||
| $500,000 – $504,999 | 2 | $1,000,000 | $500,000 | $500,000 | 159 | |||
| $580,000 – $584,999 | 1 | $580,000 | $580,000 | $580,000 | 263 | |||
| $585,000 – $589,999 | 1 | $585,000 | $585,000 | $585,000 | 466 | |||
| $985,000 – $989,999 | 1 | $989,000 | $989,000 | $989,000 | 417 | |||
| $1,495,000 – $1,499,999 | 1 | $1,495,000 | $1,495,000 | $1,495,000 | 208 | |||
| $1,995,000 – $1,999,999 | 1 | $1,995,000 | $1,995,000 | $1,995,000 | 524 | |||
| Sub Total | 8 | $7,069,000 | $883,625 | $582,500 | 315 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $325,000 – $329,999 | 1 | $327,500 | $327,500 | $327,500 | 119 | |||
| $335,000 – $339,999 | 1 | $335,000 | $335,000 | $335,000 | 420 | |||
| $355,000 – $359,999 | 1 | $359,910 | $359,910 | $359,910 | 197 | |||
| $395,000 – $399,999 | 1 | $399,000 | $399,000 | $399,000 | 41 | |||
| $450,000 – $454,999 | 1 | $450,000 | $450,000 | $450,000 | 6 | |||
| $515,000 – $519,999 | 1 | $515,000 | $515,000 | $515,000 | 74 | |||
| $545,000 – $549,999 | 1 | $545,000 | $545,000 | $545,000 | 20 | |||
| $600,000 – $604,999 | 1 | $603,000 | $603,000 | $603,000 | 98 | |||
| $770,000 – $774,999 | 1 | $770,000 | $770,000 | $770,000 | 97 | |||
| $780,000 – $784,999 | 1 | $781,000 | $781,000 | $781,000 | 102 | |||
| $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 | |||
| Sub Total | 12 | $13,510,410 | $1,125,868 | $530,000 | 177 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $175,000 – $179,999 | 1 | $179,900 | $179,900 | $179,900 | 32 | |||
| $470,000 – $474,999 | 1 | $474,900 | $474,900 | $474,900 | 90 | |||
| $745,000 – $749,999 | 1 | $749,000 | $749,000 | $749,000 | 62 | |||
| Sub Total | 3 | $1,403,800 | $467,933 | $474,900 | 61 | |||
| Grand Totals | 162 | $431,577,645 | $2,664,060 | $1,097,500 | 274 | |||
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