NV Weekly Market Report

March 29, 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 picking up a little momentum as the Pending Sales increase by 2 and Active Listings drop by 1 for an increase ratio of 11.9%.  There has been one more sale since last week for the year with a Median Sale of $515,000, Average Sale of $1,053,255 and Days On Market (DOM) 166.

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $295,000 - $299,999 1 $297,450 $297,450 $297,450 32
      $340,000 - $344,999 1 $340,000 $340,000 $340,000 29
      $350,000 - $354,999 1 $350,000 $350,000 $350,000 185
      $375,000 - $379,999 1 $375,000 $375,000 $375,000 46
      $385,000 - $389,999 1 $389,250 $389,250 $389,250 168
      $405,000 - $409,999 1 $408,500 $408,500 $408,500 67
      $415,000 - $419,999 1 $415,000 $415,000 $415,000 188
      $425,000 - $429,999 1 $425,000 $425,000 $425,000 8
      $445,000 - $449,999 1 $449,000 $449,000 $449,000 152
      $475,000 - $479,999 3 $1,433,000 $477,667 $479,000 226
      $525,000 - $529,999 1 $529,000 $529,000 $529,000 181
      $545,000 - $549,999 1 $549,000 $549,000 $549,000 119
      $555,000 - $559,999 1 $555,000 $555,000 $555,000 351
      $575,000 - $579,999 1 $575,000 $575,000 $575,000 16
      $585,000 - $589,999 1 $589,000 $589,000 $589,000 410
      $595,000 - $599,999 4 $2,396,500 $599,125 $599,000 78
      $625,000 - $629,999 2 $1,250,000 $625,000 $625,000 44
      $635,000 - $639,999 2 $1,278,000 $639,000 $639,000 188
      $645,000 - $649,999 1 $645,000 $645,000 $645,000 356
      $685,000 - $689,999 1 $689,500 $689,500 $689,500 240
      $715,000 - $719,999 1 $719,000 $719,000 $719,000 177
      $720,000 - $724,999 1 $720,000 $720,000 $720,000 669
      $745,000 - $749,999 2 $1,498,000 $749,000 $749,000 593
      $750,000 - $754,999 3 $2,250,000 $750,000 $750,000 186
      $795,000 - $799,999 3 $2,385,057 $795,019 $795,000 317
      $840,000 - $844,999 1 $840,000 $840,000 $840,000 19
      $845,000 - $849,999 1 $849,999 $849,999 $849,999 140
      $885,000 - $889,999 1 $889,000 $889,000 $889,000 104
      $895,000 - $899,999 3 $2,693,000 $897,667 $899,000 277
      $925,000 - $929,999 1 $925,000 $925,000 $925,000 172
      $975,000 - $979,999 1 $975,000 $975,000 $975,000 275
      $995,000 - $999,999 1 $995,000 $995,000 $995,000 633
      $1,085,000 - $1,089,999 1 $1,088,000 $1,088,000 $1,088,000 196
      $1,090,000 - $1,094,999 1 $1,090,000 $1,090,000 $1,090,000 557
      $1,095,000 - $1,099,999 2 $2,190,000 $1,095,000 $1,095,000 575
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 179
      $1,195,000 - $1,199,999 1 $1,195,000 $1,195,000 $1,195,000 558
      $1,200,000 - $1,204,999 1 $1,200,000 $1,200,000 $1,200,000 608
      $1,245,000 - $1,249,999 1 $1,249,000 $1,249,000 $1,249,000 286
      $1,250,000 - $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 315
      $1,295,000 - $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 605
      $1,300,000 - $1,304,999 1 $1,300,000 $1,300,000 $1,300,000 51
      $1,385,000 - $1,389,999 1 $1,385,000 $1,385,000 $1,385,000 590
      $1,395,000 - $1,399,999 3 $4,193,000 $1,397,667 $1,399,000 304
      $1,445,000 - $1,449,999 1 $1,449,000 $1,449,000 $1,449,000 136
      $1,495,000 - $1,499,999 2 $2,994,000 $1,497,000 $1,497,000 475
      $1,500,000 - $1,504,999 2 $3,000,000 $1,500,000 $1,500,000 417
      $1,595,000 - $1,599,999 1 $1,595,000 $1,595,000 $1,595,000 334
      $1,600,000 - $1,604,999 1 $1,600,000 $1,600,000 $1,600,000 134
      $1,750,000 - $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 100
      $1,790,000 - $1,794,999 1 $1,790,000 $1,790,000 $1,790,000 227
      $1,795,000 - $1,799,999 1 $1,795,000 $1,795,000 $1,795,000 302
      $1,950,000 - $1,954,999 1 $1,950,000 $1,950,000 $1,950,000 74
      $1,975,000 - $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 241
      $1,995,000 - $1,999,999 1 $1,995,000 $1,995,000 $1,995,000 149
      $2,100,000 - $2,104,999 1 $2,100,000 $2,100,000 $2,100,000 648
      $2,190,000 - $2,194,999 1 $2,190,000 $2,190,000 $2,190,000 262
      $2,275,000 - $2,279,999 1 $2,275,000 $2,275,000 $2,275,000 486
      $2,295,000 - $2,299,999 2 $4,590,000 $2,295,000 $2,295,000 285
      $2,300,000 - $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 289
      $2,345,000 - $2,349,999 1 $2,345,000 $2,345,000 $2,345,000 320
      $2,400,000 - $2,404,999 1 $2,400,000 $2,400,000 $2,400,000 1255
      $2,455,000 - $2,459,999 1 $2,459,000 $2,459,000 $2,459,000 272
      $2,495,000 - $2,499,999 2 $4,990,000 $2,495,000 $2,495,000 449
      $2,550,000 - $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 742
      $2,595,000 - $2,599,999 1 $2,595,000 $2,595,000 $2,595,000 455
      $2,640,000 - $2,644,999 1 $2,640,000 $2,640,000 $2,640,000 334
      $2,750,000 - $2,754,999 2 $5,500,000 $2,750,000 $2,750,000 426
      $2,995,000 - $2,999,999 1 $2,999,000 $2,999,000 $2,999,000 81
      $3,400,000 - $3,404,999 1 $3,400,000 $3,400,000 $3,400,000 595
      $3,495,000 - $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 305
      $3,800,000 - $3,804,999 1 $3,800,000 $3,800,000 $3,800,000 558
      $3,900,000 - $3,904,999 1 $3,900,000 $3,900,000 $3,900,000 342
      $3,990,000 - $3,994,999 1 $3,990,000 $3,990,000 $3,990,000 868
      $3,995,000 - $3,999,999 2 $7,994,999 $3,997,500 $3,997,500 135
      $4,000,000 - $4,004,999 1 $4,000,000 $4,000,000 $4,000,000 14
      $4,375,000 - $4,379,999 1 $4,375,000 $4,375,000 $4,375,000 42
      $4,495,000 - $4,499,999 1 $4,495,000 $4,495,000 $4,495,000 269
      $4,600,000 - $4,604,999 1 $4,600,000 $4,600,000 $4,600,000 313
      $4,750,000 - $4,754,999 1 $4,750,000 $4,750,000 $4,750,000 131
      $4,950,000 - $4,954,999 5 $24,750,000 $4,950,000 $4,950,000 471
      $4,995,000 - $4,999,999 1 $4,995,000 $4,995,000 $4,995,000 165
      $5,300,000 - $5,304,999 1 $5,300,000 $5,300,000 $5,300,000 12
      $5,400,000 - $5,404,999 1 $5,400,000 $5,400,000 $5,400,000 340
      $5,500,000 - $5,504,999 1 $5,500,000 $5,500,000 $5,500,000 34
      $5,950,000 - $5,954,999 1 $5,950,000 $5,950,000 $5,950,000 213
      $5,995,000 - $5,999,999 2 $11,990,000 $5,995,000 $5,995,000 440
      $6,495,000 - $6,499,999 1 $6,495,000 $6,495,000 $6,495,000 632
      $6,500,000 - $6,504,999 1 $6,500,000 $6,500,000 $6,500,000 129
      $7,750,000 - $7,754,999 1 $7,750,000 $7,750,000 $7,750,000 137
      $9,495,000 - $9,499,999 1 $9,495,000 $9,495,000 $9,495,000 650
      $9,750,000 - $9,754,999 1 $9,750,000 $9,750,000 $9,750,000 37
      $10,750,000 - $10,754,999 1 $10,750,000 $10,750,000 $10,750,000 594
      $19,250,000 - $19,254,999 1 $19,250,000 $19,250,000 $19,250,000 152
      $100,000,000 - $100,004,999 1 $100,000,000 $100,000,000 $100,000,000 919
      Sub Total 123 $394,713,255 $3,209,051 $1,449,000 306
New                
  RESIDENTIAL              
    Residential            
      $805,000 - $809,999 1 $805,000 $805,000 $805,000 3
      $815,000 - $819,999 1 $819,000 $819,000 $819,000 4
      Sub Total 2 $1,624,000 $812,000 $812,000 4
Extended                
  RESIDENTIAL              
    Residential            
      $400,000 - $404,999 1 $402,900 $402,900 $402,900 24
      Sub Total 1 $402,900 $402,900 $402,900 24
Price Reduced                
  RESIDENTIAL              
    Residential            
      $245,000 - $249,999 1 $246,970 $246,970 $246,970 111
      $385,000 - $389,999 1 $389,900 $389,900 $389,900 26
      $465,000 - $469,999 1 $469,900 $469,900 $469,900 130
      $595,000 - $599,999 1 $598,000 $598,000 $598,000 193
      $675,000 - $679,999 1 $679,000 $679,000 $679,000 58
      $1,195,000 - $1,199,999 1 $1,199,000 $1,199,000 $1,199,000 347
      $3,500,000 - $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 238
      Sub Total 7 $7,082,770 $1,011,824 $598,000 158
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $725,000 - $729,999 1 $725,000 $725,000 $725,000 192
      $1,785,000 - $1,789,999 1 $1,785,000 $1,785,000 $1,785,000 269
      Sub Total 2 $2,510,000 $1,255,000 $1,255,000 231
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $565,000 - $569,999 2 $1,134,000 $567,000 $567,000 289
      $645,000 - $649,999 1 $649,900 $649,900 $649,900 64
      $700,000 - $704,999 1 $700,000 $700,000 $700,000 331
      $1,195,000 - $1,199,999 1 $1,195,000 $1,195,000 $1,195,000 24
      Sub Total 5 $3,678,900 $735,780 $649,900 199
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $425,000 - $429,999 1 $425,000 $425,000 $425,000 329
      $500,000 - $504,999 2 $1,000,000 $500,000 $500,000 165
      $550,000 - $554,999 1 $550,000 $550,000 $550,000 151
      $580,000 - $584,999 1 $580,000 $580,000 $580,000 269
      $585,000 - $589,999 1 $585,000 $585,000 $585,000 472
      $985,000 - $989,999 1 $989,000 $989,000 $989,000 423
      $1,495,000 - $1,499,999 1 $1,495,000 $1,495,000 $1,495,000 214
      $1,995,000 - $1,999,999 1 $1,995,000 $1,995,000 $1,995,000 530
      Sub Total 9 $7,619,000 $846,556 $580,000 302
SOLD                
  RESIDENTIAL              
    Residential            
      $180,000 - $184,999 1 $181,900 $181,900 $181,900 34
      $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 13 $13,692,310 $1,053,255 $515,000 166
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $470,000 - $474,999 1 $474,900 $474,900 $474,900 90
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 68
      Sub Total 2 $1,223,900 $611,950 $611,950 79
                 
Grand Totals 164 $432,547,035 $2,637,482 $1,095,000 276

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