NV Weekly Market Report
April 13, 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 also experiencing a slight improvement in the market activity. Active Listings are down by 1, Pending Sales are up by 1 for a ratio of 12.9% This is up from last week which was 12.2%. Closed Escrows or Sales for YTD is 18 which is up by 2 since last week. The Average Price of Sales is $964,739, Median Price is $531,000 and the Average Days On Market (DOM) is 171. There are 10 Pending Short Sales which is having an impact on activity at the expense of market values.
| Status | Class | Type | Price Range | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $245,000 – $249,999 | 1 | $246,970 | $246,970 | $246,970 | 126 | |||
| $285,000 – $289,999 | 1 | $289,900 | $289,900 | $289,900 | 11 | |||
| $295,000 – $299,999 | 1 | $297,450 | $297,450 | $297,450 | 47 | |||
| $340,000 – $344,999 | 1 | $340,000 | $340,000 | $340,000 | 44 | |||
| $350,000 – $354,999 | 1 | $350,000 | $350,000 | $350,000 | 200 | |||
| $360,000 – $364,999 | 1 | $360,000 | $360,000 | $360,000 | 61 | |||
| $395,000 – $399,999 | 1 | $399,500 | $399,500 | $399,500 | 13 | |||
| $400,000 – $404,999 | 1 | $402,900 | $402,900 | $402,900 | 39 | |||
| $405,000 – $409,999 | 1 | $408,500 | $408,500 | $408,500 | 82 | |||
| $415,000 – $419,999 | 1 | $415,000 | $415,000 | $415,000 | 203 | |||
| $425,000 – $429,999 | 1 | $425,000 | $425,000 | $425,000 | 23 | |||
| $445,000 – $449,999 | 1 | $449,000 | $449,000 | $449,000 | 167 | |||
| $450,000 – $454,999 | 1 | $450,000 | $450,000 | $450,000 | 84 | |||
| $475,000 – $479,999 | 1 | $479,000 | $479,000 | $479,000 | 273 | |||
| $525,000 – $529,999 | 1 | $529,000 | $529,000 | $529,000 | 196 | |||
| $545,000 – $549,999 | 1 | $549,000 | $549,000 | $549,000 | 134 | |||
| $575,000 – $579,999 | 1 | $575,000 | $575,000 | $575,000 | 31 | |||
| $585,000 – $589,999 | 2 | $1,178,000 | $589,000 | $589,000 | 317 | |||
| $595,000 – $599,999 | 4 | $2,396,500 | $599,125 | $599,000 | 88 | |||
| $615,000 – $619,999 | 1 | $619,000 | $619,000 | $619,000 | 227 | |||
| $625,000 – $629,999 | 1 | $625,000 | $625,000 | $625,000 | 85 | |||
| $635,000 – $639,999 | 1 | $639,000 | $639,000 | $639,000 | 178 | |||
| $645,000 – $649,999 | 1 | $645,000 | $645,000 | $645,000 | 371 | |||
| $675,000 – $679,999 | 2 | $1,354,000 | $677,000 | $677,000 | 60 | |||
| $685,000 – $689,999 | 1 | $689,500 | $689,500 | $689,500 | 255 | |||
| $745,000 – $749,999 | 1 | $749,000 | $749,000 | $749,000 | 942 | |||
| $750,000 – $754,999 | 2 | $1,500,000 | $750,000 | $750,000 | 278 | |||
| $775,000 – $779,999 | 1 | $775,000 | $775,000 | $775,000 | 18 | |||
| $795,000 – $799,999 | 3 | $2,385,057 | $795,019 | $795,000 | 332 | |||
| $815,000 – $819,999 | 1 | $819,000 | $819,000 | $819,000 | 19 | |||
| $845,000 – $849,999 | 2 | $1,694,999 | $847,500 | $847,500 | 137 | |||
| $895,000 – $899,999 | 3 | $2,693,000 | $897,667 | $899,000 | 292 | |||
| $960,000 – $964,999 | 1 | $960,000 | $960,000 | $960,000 | 572 | |||
| $975,000 – $979,999 | 1 | $975,000 | $975,000 | $975,000 | 290 | |||
| $995,000 – $999,999 | 3 | $2,985,000 | $995,000 | $995,000 | 344 | |||
| $1,085,000 – $1,089,999 | 1 | $1,088,000 | $1,088,000 | $1,088,000 | 211 | |||
| $1,095,000 – $1,099,999 | 1 | $1,095,000 | $1,095,000 | $1,095,000 | 804 | |||
| $1,100,000 – $1,104,999 | 1 | $1,100,000 | $1,100,000 | $1,100,000 | 194 | |||
| $1,195,000 – $1,199,999 | 2 | $2,394,000 | $1,197,000 | $1,197,000 | 468 | |||
| $1,200,000 – $1,204,999 | 1 | $1,200,000 | $1,200,000 | $1,200,000 | 623 | |||
| $1,245,000 – $1,249,999 | 1 | $1,249,000 | $1,249,000 | $1,249,000 | 301 | |||
| $1,250,000 – $1,254,999 | 1 | $1,250,000 | $1,250,000 | $1,250,000 | 330 | |||
| $1,295,000 – $1,299,999 | 1 | $1,295,000 | $1,295,000 | $1,295,000 | 620 | |||
| $1,300,000 – $1,304,999 | 2 | $2,600,000 | $1,300,000 | $1,300,000 | 241 | |||
| $1,350,000 – $1,354,999 | 1 | $1,350,000 | $1,350,000 | $1,350,000 | 19 | |||
| $1,365,000 – $1,369,999 | 1 | $1,365,000 | $1,365,000 | $1,365,000 | 273 | |||
| $1,385,000 – $1,389,999 | 1 | $1,385,000 | $1,385,000 | $1,385,000 | 605 | |||
| $1,395,000 – $1,399,999 | 2 | $2,794,000 | $1,397,000 | $1,397,000 | 342 | |||
| $1,445,000 – $1,449,999 | 1 | $1,449,000 | $1,449,000 | $1,449,000 | 151 | |||
| $1,495,000 – $1,499,999 | 1 | $1,495,000 | $1,495,000 | $1,495,000 | 564 | |||
| $1,500,000 – $1,504,999 | 2 | $3,000,000 | $1,500,000 | $1,500,000 | 432 | |||
| $1,600,000 – $1,604,999 | 1 | $1,600,000 | $1,600,000 | $1,600,000 | 149 | |||
| $1,695,000 – $1,699,999 | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 164 | |||
| $1,750,000 – $1,754,999 | 1 | $1,750,000 | $1,750,000 | $1,750,000 | 115 | |||
| $1,790,000 – $1,794,999 | 1 | $1,790,000 | $1,790,000 | $1,790,000 | 242 | |||
| $1,795,000 – $1,799,999 | 1 | $1,795,000 | $1,795,000 | $1,795,000 | 317 | |||
| $1,950,000 – $1,954,999 | 1 | $1,950,000 | $1,950,000 | $1,950,000 | 89 | |||
| $1,975,000 – $1,979,999 | 1 | $1,975,000 | $1,975,000 | $1,975,000 | 256 | |||
| $2,095,000 – $2,099,999 | 1 | $2,095,000 | $2,095,000 | $2,095,000 | 356 | |||
| $2,100,000 – $2,104,999 | 1 | $2,100,000 | $2,100,000 | $2,100,000 | 663 | |||
| $2,190,000 – $2,194,999 | 1 | $2,190,000 | $2,190,000 | $2,190,000 | 277 | |||
| $2,275,000 – $2,279,999 | 1 | $2,275,000 | $2,275,000 | $2,275,000 | 501 | |||
| $2,295,000 – $2,299,999 | 1 | $2,295,000 | $2,295,000 | $2,295,000 | 244 | |||
| $2,300,000 – $2,304,999 | 1 | $2,300,000 | $2,300,000 | $2,300,000 | 304 | |||
| $2,345,000 – $2,349,999 | 1 | $2,345,000 | $2,345,000 | $2,345,000 | 335 | |||
| $2,400,000 – $2,404,999 | 1 | $2,400,000 | $2,400,000 | $2,400,000 | 1270 | |||
| $2,455,000 – $2,459,999 | 1 | $2,459,000 | $2,459,000 | $2,459,000 | 287 | |||
| $2,495,000 – $2,499,999 | 1 | $2,495,000 | $2,495,000 | $2,495,000 | 754 | |||
| $2,550,000 – $2,554,999 | 1 | $2,550,000 | $2,550,000 | $2,550,000 | 757 | |||
| $2,595,000 – $2,599,999 | 1 | $2,595,000 | $2,595,000 | $2,595,000 | 470 | |||
| $2,640,000 – $2,644,999 | 1 | $2,640,000 | $2,640,000 | $2,640,000 | 349 | |||
| $2,750,000 – $2,754,999 | 2 | $5,500,000 | $2,750,000 | $2,750,000 | 441 | |||
| $2,995,000 – $2,999,999 | 1 | $2,999,000 | $2,999,000 | $2,999,000 | 96 | |||
| $3,400,000 – $3,404,999 | 1 | $3,400,000 | $3,400,000 | $3,400,000 | 610 | |||
| $3,495,000 – $3,499,999 | 1 | $3,495,000 | $3,495,000 | $3,495,000 | 320 | |||
| $3,500,000 – $3,504,999 | 1 | $3,500,000 | $3,500,000 | $3,500,000 | 253 | |||
| $3,800,000 – $3,804,999 | 1 | $3,800,000 | $3,800,000 | $3,800,000 | 573 | |||
| $3,900,000 – $3,904,999 | 1 | $3,900,000 | $3,900,000 | $3,900,000 | 357 | |||
| $3,990,000 – $3,994,999 | 1 | $3,990,000 | $3,990,000 | $3,990,000 | 883 | |||
| $3,995,000 – $3,999,999 | 2 | $7,994,999 | $3,997,500 | $3,997,500 | 150 | |||
| $4,000,000 – $4,004,999 | 1 | $4,000,000 | $4,000,000 | $4,000,000 | 29 | |||
| $4,375,000 – $4,379,999 | 1 | $4,375,000 | $4,375,000 | $4,375,000 | 57 | |||
| $4,495,000 – $4,499,999 | 1 | $4,495,000 | $4,495,000 | $4,495,000 | 284 | |||
| $4,600,000 – $4,604,999 | 1 | $4,600,000 | $4,600,000 | $4,600,000 | 328 | |||
| $4,750,000 – $4,754,999 | 1 | $4,750,000 | $4,750,000 | $4,750,000 | 146 | |||
| $4,950,000 – $4,954,999 | 4 | $19,800,000 | $4,950,000 | $4,950,000 | 544 | |||
| $4,995,000 – $4,999,999 | 1 | $4,995,000 | $4,995,000 | $4,995,000 | 180 | |||
| $5,300,000 – $5,304,999 | 1 | $5,300,000 | $5,300,000 | $5,300,000 | 27 | |||
| $5,400,000 – $5,404,999 | 1 | $5,400,000 | $5,400,000 | $5,400,000 | 355 | |||
| $5,500,000 – $5,504,999 | 1 | $5,500,000 | $5,500,000 | $5,500,000 | 49 | |||
| $5,950,000 – $5,954,999 | 1 | $5,950,000 | $5,950,000 | $5,950,000 | 228 | |||
| $5,995,000 – $5,999,999 | 2 | $11,990,000 | $5,995,000 | $5,995,000 | 455 | |||
| $6,495,000 – $6,499,999 | 1 | $6,495,000 | $6,495,000 | $6,495,000 | 647 | |||
| $6,500,000 – $6,504,999 | 1 | $6,500,000 | $6,500,000 | $6,500,000 | 144 | |||
| $7,750,000 – $7,754,999 | 1 | $7,750,000 | $7,750,000 | $7,750,000 | 152 | |||
| $9,495,000 – $9,499,999 | 1 | $9,495,000 | $9,495,000 | $9,495,000 | 665 | |||
| $9,750,000 – $9,754,999 | 1 | $9,750,000 | $9,750,000 | $9,750,000 | 52 | |||
| $10,750,000 – $10,754,999 | 1 | $10,750,000 | $10,750,000 | $10,750,000 | 609 | |||
| $19,250,000 – $19,254,999 | 1 | $19,250,000 | $19,250,000 | $19,250,000 | 167 | |||
| $100,000,000 – $100,004,999 | 1 | $100,000,000 | $100,000,000 | $100,000,000 | 934 | |||
| Sub Total | 123 | $389,775,275 | $3,168,905 | $1,385,000 | 305 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $395,000 – $399,999 | 1 | $399,000 | $399,000 | $399,000 | 5 | |||
| $1,695,000 – $1,699,999 | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 7 | |||
| Sub Total | 2 | $2,094,000 | $1,047,000 | $1,047,000 | 6 | |||
| Extended | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $555,000 – $559,999 | 1 | $555,000 | $555,000 | $555,000 | 366 | |||
| $925,000 – $929,999 | 1 | $925,000 | $925,000 | $925,000 | 187 | |||
| Sub Total | 2 | $1,480,000 | $740,000 | $740,000 | 277 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $450,000 – $454,999 | 1 | $454,900 | $454,900 | $454,900 | 145 | |||
| Sub Total | 1 | $454,900 | $454,900 | $454,900 | 145 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $595,000 – $599,999 | 1 | $599,500 | $599,500 | $599,500 | 52 | |||
| $4,950,000 – $4,954,999 | 1 | $4,950,000 | $4,950,000 | $4,950,000 | 253 | |||
| Sub Total | 2 | $5,549,500 | $2,774,750 | $2,774,750 | 153 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $565,000 – $569,999 | 1 | $565,000 | $565,000 | $565,000 | 543 | |||
| $700,000 – $704,999 | 1 | $700,000 | $700,000 | $700,000 | 346 | |||
| $1,195,000 – $1,199,999 | 1 | $1,195,000 | $1,195,000 | $1,195,000 | 39 | |||
| Sub Total | 3 | $2,460,000 | $820,000 | $700,000 | 309 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $425,000 – $429,999 | 1 | $425,000 | $425,000 | $425,000 | 344 | |||
| $500,000 – $504,999 | 2 | $1,000,000 | $500,000 | $500,000 | 180 | |||
| $550,000 – $554,999 | 1 | $550,000 | $550,000 | $550,000 | 166 | |||
| $585,000 – $589,999 | 1 | $585,000 | $585,000 | $585,000 | 487 | |||
| $720,000 – $724,999 | 1 | $720,000 | $720,000 | $720,000 | 684 | |||
| $840,000 – $844,999 | 1 | $840,000 | $840,000 | $840,000 | 34 | |||
| $985,000 – $989,999 | 1 | $989,000 | $989,000 | $989,000 | 438 | |||
| $1,495,000 – $1,499,999 | 1 | $1,495,000 | $1,495,000 | $1,495,000 | 229 | |||
| $1,995,000 – $1,999,999 | 1 | $1,995,000 | $1,995,000 | $1,995,000 | 545 | |||
| Sub Total | 10 | $8,599,000 | $859,900 | $652,500 | 329 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $180,000 – $184,999 | 1 | $181,900 | $181,900 | $181,900 | 34 | |||
| $280,000 – $284,999 | 1 | $280,000 | $280,000 | $280,000 | 224 | |||
| $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 | |||
| $520,000 – $524,999 | 1 | $520,000 | $520,000 | $520,000 | 50 | |||
| $540,000 – $544,999 | 1 | $542,000 | $542,000 | $542,000 | 161 | |||
| $545,000 – $549,999 | 1 | $545,000 | $545,000 | $545,000 | 20 | |||
| $600,000 – $604,999 | 1 | $603,000 | $603,000 | $603,000 | 98 | |||
| $705,000 – $709,999 | 1 | $705,999 | $705,999 | $705,999 | 203 | |||
| $770,000 – $774,999 | 1 | $770,000 | $770,000 | $770,000 | 97 | |||
| $780,000 – $784,999 | 1 | $781,000 | $781,000 | $781,000 | 102 | |||
| $1,625,000 – $1,629,999 | 1 | $1,625,000 | $1,625,000 | $1,625,000 | 270 | |||
| $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 | 18 | $17,365,309 | $964,739 | $531,000 | 171 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $385,000 – $389,999 | 1 | $389,900 | $389,900 | $389,900 | 41 | |||
| $470,000 – $474,999 | 1 | $474,900 | $474,900 | $474,900 | 90 | |||
| $645,000 – $649,999 | 1 | $649,900 | $649,900 | $649,900 | 79 | |||
| $745,000 – $749,999 | 1 | $749,000 | $749,000 | $749,000 | 83 | |||
| Sub Total | 4 | $2,263,700 | $565,925 | $562,400 | 73 | |||
| Grand Totals | 165 | $430,041,684 | $2,606,313 | $1,088,000 | 279 | |||
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