NV Weekly Market Update

July 21, 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 Market Activity Ratio between the Active Listings and the Pending Sales has been subdued this past week.  The Active Listings are down by 2 and the Pending Sales are down by 1 to give us 11.6% which is down roughly a point from the previous week.  The number of Completed Transactions or Sales is up by 3 with the Median Sales Price up by .5% at $520,000, Average Sales Price is down by 2.4% at $901,807 and the Average Days On Market is 161. 

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 36
      $335,000 – $339,999 1 $338,085 $338,085 $338,085 11
      $345,000 – $349,999 1 $349,900 $349,900 $349,900 13
      $350,000 – $354,999 1 $350,000 $350,000 $350,000 299
      $375,000 – $379,999 1 $379,900 $379,900 $379,900 273
      $385,000 – $389,999 1 $387,500 $387,500 $387,500 112
      $395,000 – $399,999 2 $794,000 $397,000 $397,000 56
      $425,000 – $429,999 1 $425,000 $425,000 $425,000 443
      $525,000 – $529,999 2 $1,054,000 $527,000 $527,000 126
      $535,000 – $539,999 2 $1,075,500 $537,750 $537,750 81
      $545,000 – $549,999 1 $549,000 $549,000 $549,000 295
      $555,000 – $559,999 1 $557,000 $557,000 $557,000 184
      $570,000 – $574,999 1 $574,000 $574,000 $574,000 121
      $575,000 – $579,999 1 $579,000 $579,000 $579,000 262
      $590,000 – $594,999 1 $594,000 $594,000 $594,000 67
      $595,000 – $599,999 2 $1,197,575 $598,788 $598,788 198
      $635,000 – $639,999 2 $1,278,000 $639,000 $639,000 100
      $645,000 – $649,999 2 $1,290,000 $645,000 $645,000 372
      $675,000 – $679,999 1 $675,000 $675,000 $675,000 354
      $685,000 – $689,999 1 $689,500 $689,500 $689,500 346
      $745,000 – $749,999 2 $1,494,900 $747,450 $747,450 567
      $750,000 – $754,999 2 $1,500,000 $750,000 $750,000 225
      $765,000 – $769,999 1 $769,950 $769,950 $769,950 326
      $775,000 – $779,999 1 $775,000 $775,000 $775,000 117
      $795,000 – $799,999 2 $1,594,057 $797,029 $797,029 451
      $800,000 – $804,999 1 $800,000 $800,000 $800,000 7
      $845,000 – $849,999 3 $2,543,999 $848,000 $849,000 238
      $875,000 – $879,999 2 $1,750,000 $875,000 $875,000 171
      $895,000 – $899,999 3 $2,685,000 $895,000 $895,000 302
      $920,000 – $924,999 1 $920,000 $920,000 $920,000 670
      $925,000 – $929,999 1 $925,000 $925,000 $925,000 96
      $995,000 – $999,999 1 $995,000 $995,000 $995,000 107
      $1,085,000 – $1,089,999 1 $1,088,000 $1,088,000 $1,088,000 310
      $1,095,000 – $1,099,999 1 $1,095,000 $1,095,000 $1,095,000 868
      $1,100,000 – $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 86
      $1,135,000 – $1,139,999 1 $1,139,000 $1,139,000 $1,139,000 16
      $1,150,000 – $1,154,999 1 $1,150,000 $1,150,000 $1,150,000 400
      $1,190,000 – $1,194,999 1 $1,190,000 $1,190,000 $1,190,000 94
      $1,195,000 – $1,199,999 3 $3,589,000 $1,196,333 $1,195,000 612
      $1,200,000 – $1,204,999 1 $1,200,000 $1,200,000 $1,200,000 720
      $1,245,000 – $1,249,999 1 $1,249,000 $1,249,000 $1,249,000 502
      $1,250,000 – $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 419
      $1,275,000 – $1,279,999 2 $2,550,000 $1,275,000 $1,275,000 245
      $1,295,000 – $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 678
      $1,300,000 – $1,304,999 1 $1,300,000 $1,300,000 $1,300,000 165
      $1,350,000 – $1,354,999 1 $1,350,000 $1,350,000 $1,350,000 11
      $1,375,000 – $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 313
      $1,395,000 – $1,399,999 1 $1,399,000 $1,399,000 $1,399,000 559
      $1,400,000 – $1,404,999 1 $1,400,000 $1,400,000 $1,400,000 215
      $1,495,000 – $1,499,999 1 $1,495,000 $1,495,000 $1,495,000 41
      $1,500,000 – $1,504,999 1 $1,500,000 $1,500,000 $1,500,000 846
      $1,550,000 – $1,554,999 1 $1,550,000 $1,550,000 $1,550,000 223
      $1,695,000 – $1,699,999 2 $3,390,000 $1,695,000 $1,695,000 185
      $1,750,000 – $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 214
      $1,775,000 – $1,779,999 1 $1,775,000 $1,775,000 $1,775,000 416
      $1,795,000 – $1,799,999 1 $1,795,000 $1,795,000 $1,795,000 49
      $1,885,000 – $1,889,999 1 $1,885,000 $1,885,000 $1,885,000 47
      $1,950,000 – $1,954,999 2 $3,900,000 $1,950,000 $1,950,000 129
      $1,975,000 – $1,979,999 2 $3,950,000 $1,975,000 $1,975,000 478
      $1,995,000 – $1,999,999 3 $5,989,000 $1,996,333 $1,995,000 220
      $2,095,000 – $2,099,999 1 $2,095,000 $2,095,000 $2,095,000 455
      $2,100,000 – $2,104,999 1 $2,100,000 $2,100,000 $2,100,000 762
      $2,125,000 – $2,129,999 1 $2,125,000 $2,125,000 $2,125,000 428
      $2,190,000 – $2,194,999 1 $2,190,000 $2,190,000 $2,190,000 370
      $2,225,000 – $2,229,999 1 $2,225,000 $2,225,000 $2,225,000 434
      $2,245,000 – $2,249,999 1 $2,245,000 $2,245,000 $2,245,000 19
      $2,295,000 – $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 337
      $2,300,000 – $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 63
      $2,400,000 – $2,404,999 1 $2,400,000 $2,400,000 $2,400,000 1047
      $2,455,000 – $2,459,999 1 $2,459,000 $2,459,000 $2,459,000 370
      $2,490,000 – $2,494,999 1 $2,490,000 $2,490,000 $2,490,000 442
      $2,495,000 – $2,499,999 1 $2,495,000 $2,495,000 $2,495,000 853
      $2,500,000 – $2,504,999 1 $2,500,000 $2,500,000 $2,500,000 269
      $2,550,000 – $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 55
      $2,595,000 – $2,599,999 3 $7,789,000 $2,596,333 $2,595,000 465
      $2,625,000 – $2,629,999 1 $2,625,000 $2,625,000 $2,625,000 189
      $2,795,000 – $2,799,999 1 $2,795,000 $2,795,000 $2,795,000 83
      $2,845,000 – $2,849,999 1 $2,845,000 $2,845,000 $2,845,000 36
      $2,900,000 – $2,904,999 1 $2,900,000 $2,900,000 $2,900,000 87
      $2,925,000 – $2,929,999 1 $2,925,000 $2,925,000 $2,925,000 23
      $3,300,000 – $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 709
      $3,495,000 – $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 419
      $3,500,000 – $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 352
      $3,800,000 – $3,804,999 1 $3,800,000 $3,800,000 $3,800,000 672
      $3,900,000 – $3,904,999 1 $3,900,000 $3,900,000 $3,900,000 39
      $3,950,000 – $3,954,999 1 $3,950,000 $3,950,000 $3,950,000 156
      $3,990,000 – $3,994,999 1 $3,990,000 $3,990,000 $3,990,000 982
      $3,995,000 – $3,999,999 3 $11,989,000 $3,996,333 $3,995,000 181
      $4,600,000 – $4,604,999 1 $4,600,000 $4,600,000 $4,600,000 402
      $4,680,000 – $4,684,999 1 $4,680,000 $4,680,000 $4,680,000 74
      $4,700,000 – $4,704,999 1 $4,700,000 $4,700,000 $4,700,000 67
      $4,775,000 – $4,779,999 1 $4,778,000 $4,778,000 $4,778,000 46
      $4,950,000 – $4,954,999 4 $19,800,000 $4,950,000 $4,950,000 641
      $4,975,000 – $4,979,999 1 $4,975,000 $4,975,000 $4,975,000 44
      $4,995,000 – $4,999,999 2 $9,990,000 $4,995,000 $4,995,000 466
      $5,300,000 – $5,304,999 1 $5,300,000 $5,300,000 $5,300,000 28
      Sub Total 126 $235,010,766 $1,865,165 $1,362,500 301
New                
  RESIDENTIAL              
    Residential            
      $265,000 – $269,999 1 $269,900 $269,900 $269,900 1
      $355,000 – $359,999 1 $356,400 $356,400 $356,400 1
      $400,000 – $404,999 1 $400,000 $400,000 $400,000 5
      $525,000 – $529,999 1 $527,500 $527,500 $527,500 5
      $540,000 – $544,999 1 $540,000 $540,000 $540,000 1
      $840,000 – $844,999 1 $840,000 $840,000 $840,000 4
      $1,495,000 – $1,499,999 1 $1,495,000 $1,495,000 $1,495,000 4
      $1,795,000 – $1,799,999 1 $1,795,000 $1,795,000 $1,795,000 4
      Sub Total 8 $6,223,800 $777,975 $533,750 3
Extended                
  RESIDENTIAL              
    Residential            
      $395,000 – $399,999 1 $399,000 $399,000 $399,000 79
      Sub Total 1 $399,000 $399,000 $399,000 79
Price Reduced                
  RESIDENTIAL              
    Residential            
      $795,000 – $799,999 1 $799,900 $799,900 $799,900 21
      $4,950,000 – $4,954,999 1 $4,950,000 $4,950,000 $4,950,000 126
      Sub Total 2 $5,749,900 $2,874,950 $2,874,950 74
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $995,000 – $999,999 1 $995,000 $995,000 $995,000 475
      $1,495,000 – $1,499,999 1 $1,495,000 $1,495,000 $1,495,000 25
      Sub Total 2 $2,490,000 $1,245,000 $1,245,000 250
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $380,000 – $384,999 1 $384,900 $384,900 $384,900 138
      $410,000 – $414,999 1 $410,900 $410,900 $410,900 7
      $415,000 – $419,999 1 $415,000 $415,000 $415,000 252
      $1,100,000 – $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 26
      Sub Total 4 $2,310,800 $577,700 $412,950 106
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $295,000 – $299,999 1 $295,000 $295,000 $295,000 143
      $500,000 – $504,999 2 $1,000,000 $500,000 $500,000 279
      $550,000 – $554,999 1 $550,000 $550,000 $550,000 265
      $555,000 – $559,999 1 $559,000 $559,000 $559,000 586
      $595,000 – $599,999 1 $599,000 $599,000 $599,000 118
      $650,000 – $654,999 1 $650,000 $650,000 $650,000 367
      $765,000 – $769,999 1 $765,000 $765,000 $765,000 182
      $840,000 – $844,999 1 $840,000 $840,000 $840,000 133
      $1,995,000 – $1,999,999 1 $1,995,000 $1,995,000 $1,995,000 55
      Sub Total 10 $7,253,000 $725,300 $579,000 241
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
      $285,000 – $289,999 1 $289,900 $289,900 $289,900 92
      $290,000 – $294,999 1 $292,000 $292,000 $292,000 41
      $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
      $380,000 – $384,999 1 $380,000 $380,000 $380,000 116
      $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
      $550,000 – $554,999 1 $550,000 $550,000 $550,000 34
      $575,000 – $579,999 1 $575,000 $575,000 $575,000 86
      $600,000 – $604,999 2 $1,204,900 $602,450 $602,450 60
      $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
      $810,000 – $814,999 1 $810,000 $810,000 $810,000 121
      $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 45 $40,581,330 $901,807 $520,000 161
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $595,000 – $599,999 1 $599,900 $599,900 $599,900 75
      $1,300,000 – $1,304,999 1 $1,300,000 $1,300,000 $1,300,000 0
      Sub Total 2 $1,899,900 $949,950 $949,950 38
                 
Grand Totals 200 $301,918,496 $1,509,592 $895,000 244

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