NV Weekly Market Update
August 12, 2009
What you are looking at below are charts and numbers derived from the Northern Nevada Regional Multiple Listing Service for Single Family Homes and Condos 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 we saw the remain steady with a Market Activity Ratio of 12.3% which is slightly up from 12.2% the previous week. The Market Activity Ratio is the relationship between the Active Listings and the Pending Sales. Active Listings is down by 2 and Pending sales is the same at 18. The completed transactions or Sales is up by 2 with a YTD total of 54 Sales with a Median Sales Price of $531,000 and an Average Sales Price of $906,654 and Average Days On Market is 177 days. The variance with the Median Sales Price and the Average Sales Price is up by 2.6% and 3.3% respectively. The increase is a result of a $2.75 million dollar sale on Terrace.
| Status | Class | Type | Price Range | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $375,000 - $379,999 | 1 | $379,900 | $379,900 | $379,900 | 295 | |||
| $385,000 - $389,999 | 1 | $385,000 | $385,000 | $385,000 | 29 | |||
| $395,000 - $399,999 | 2 | $798,000 | $399,000 | $399,000 | 114 | |||
| $400,000 - $404,999 | 1 | $400,000 | $400,000 | $400,000 | 27 | |||
| $425,000 - $429,999 | 1 | $429,000 | $429,000 | $429,000 | 13 | |||
| $495,000 - $499,999 | 2 | $998,500 | $499,250 | $499,250 | 18 | |||
| $505,000 - $509,999 | 1 | $508,000 | $508,000 | $508,000 | 38 | |||
| $525,000 - $529,999 | 1 | $525,000 | $525,000 | $525,000 | 46 | |||
| $535,000 - $539,999 | 1 | $539,000 | $539,000 | $539,000 | 168 | |||
| $540,000 - $544,999 | 1 | $540,000 | $540,000 | $540,000 | 23 | |||
| $545,000 - $549,999 | 1 | $549,000 | $549,000 | $549,000 | 317 | |||
| $550,000 - $554,999 | 1 | $550,000 | $550,000 | $550,000 | 21 | |||
| $555,000 - $559,999 | 1 | $557,000 | $557,000 | $557,000 | 206 | |||
| $570,000 - $574,999 | 1 | $574,000 | $574,000 | $574,000 | 143 | |||
| $575,000 - $579,999 | 2 | $1,154,000 | $577,000 | $577,000 | 183 | |||
| $590,000 - $594,999 | 1 | $594,000 | $594,000 | $594,000 | 89 | |||
| $595,000 - $599,999 | 2 | $1,198,000 | $599,000 | $599,000 | 186 | |||
| $635,000 - $639,999 | 2 | $1,278,000 | $639,000 | $639,000 | 122 | |||
| $645,000 - $649,999 | 2 | $1,290,000 | $645,000 | $645,000 | 394 | |||
| $685,000 - $689,999 | 1 | $689,500 | $689,500 | $689,500 | 368 | |||
| $710,000 - $714,999 | 1 | $711,550 | $711,550 | $711,550 | 15 | |||
| $725,000 - $729,999 | 2 | $1,458,000 | $729,000 | $729,000 | 361 | |||
| $745,000 - $749,999 | 2 | $1,494,900 | $747,450 | $747,450 | 589 | |||
| $750,000 - $754,999 | 3 | $2,250,000 | $750,000 | $750,000 | 421 | |||
| $765,000 - $769,999 | 1 | $769,950 | $769,950 | $769,950 | 348 | |||
| $775,000 - $779,999 | 2 | $1,550,000 | $775,000 | $775,000 | 147 | |||
| $795,000 - $799,999 | 2 | $1,598,900 | $799,450 | $799,450 | 142 | |||
| $800,000 - $804,999 | 1 | $800,000 | $800,000 | $800,000 | 29 | |||
| $825,000 - $829,999 | 1 | $825,000 | $825,000 | $825,000 | 85 | |||
| $840,000 - $844,999 | 1 | $840,000 | $840,000 | $840,000 | 26 | |||
| $845,000 - $849,999 | 2 | $1,698,999 | $849,500 | $849,500 | 344 | |||
| $895,000 - $899,999 | 3 | $2,689,000 | $896,333 | $895,000 | 299 | |||
| $925,000 - $929,999 | 1 | $925,000 | $925,000 | $925,000 | 118 | |||
| $995,000 - $999,999 | 1 | $995,000 | $995,000 | $995,000 | 129 | |||
| $1,085,000 - $1,089,999 | 1 | $1,088,000 | $1,088,000 | $1,088,000 | 332 | |||
| $1,095,000 - $1,099,999 | 1 | $1,095,000 | $1,095,000 | $1,095,000 | 890 | |||
| $1,100,000 - $1,104,999 | 1 | $1,100,000 | $1,100,000 | $1,100,000 | 108 | |||
| $1,150,000 - $1,154,999 | 1 | $1,150,000 | $1,150,000 | $1,150,000 | 422 | |||
| $1,190,000 - $1,194,999 | 1 | $1,190,000 | $1,190,000 | $1,190,000 | 116 | |||
| $1,195,000 - $1,199,999 | 3 | $3,589,000 | $1,196,333 | $1,195,000 | 634 | |||
| $1,200,000 - $1,204,999 | 2 | $2,400,000 | $1,200,000 | $1,200,000 | 633 | |||
| $1,250,000 - $1,254,999 | 1 | $1,250,000 | $1,250,000 | $1,250,000 | 441 | |||
| $1,275,000 - $1,279,999 | 1 | $1,275,000 | $1,275,000 | $1,275,000 | 394 | |||
| $1,295,000 - $1,299,999 | 1 | $1,295,000 | $1,295,000 | $1,295,000 | 700 | |||
| $1,300,000 - $1,304,999 | 1 | $1,300,000 | $1,300,000 | $1,300,000 | 187 | |||
| $1,350,000 - $1,354,999 | 2 | $2,700,000 | $1,350,000 | $1,350,000 | 22 | |||
| $1,375,000 - $1,379,999 | 1 | $1,375,000 | $1,375,000 | $1,375,000 | 333 | |||
| $1,390,000 - $1,394,999 | 1 | $1,390,000 | $1,390,000 | $1,390,000 | 245 | |||
| $1,395,000 - $1,399,999 | 1 | $1,399,000 | $1,399,000 | $1,399,000 | 581 | |||
| $1,400,000 - $1,404,999 | 1 | $1,400,000 | $1,400,000 | $1,400,000 | 237 | |||
| $1,470,000 - $1,474,999 | 1 | $1,470,000 | $1,470,000 | $1,470,000 | 15 | |||
| $1,495,000 - $1,499,999 | 2 | $2,990,000 | $1,495,000 | $1,495,000 | 45 | |||
| $1,500,000 - $1,504,999 | 1 | $1,500,000 | $1,500,000 | $1,500,000 | 868 | |||
| $1,695,000 - $1,699,999 | 2 | $3,390,000 | $1,695,000 | $1,695,000 | 207 | |||
| $1,750,000 - $1,754,999 | 1 | $1,750,000 | $1,750,000 | $1,750,000 | 236 | |||
| $1,775,000 - $1,779,999 | 1 | $1,775,000 | $1,775,000 | $1,775,000 | 438 | |||
| $1,785,000 - $1,789,999 | 2 | $3,570,000 | $1,785,000 | $1,785,000 | 70 | |||
| $1,795,000 - $1,799,999 | 1 | $1,795,000 | $1,795,000 | $1,795,000 | 26 | |||
| $1,950,000 - $1,954,999 | 3 | $5,850,000 | $1,950,000 | $1,950,000 | 105 | |||
| $1,975,000 - $1,979,999 | 1 | $1,975,000 | $1,975,000 | $1,975,000 | 622 | |||
| $1,995,000 - $1,999,999 | 4 | $7,984,000 | $1,996,000 | $1,995,000 | 295 | |||
| $2,095,000 - $2,099,999 | 1 | $2,095,000 | $2,095,000 | $2,095,000 | 477 | |||
| $2,100,000 - $2,104,999 | 1 | $2,100,000 | $2,100,000 | $2,100,000 | 784 | |||
| $2,190,000 - $2,194,999 | 1 | $2,190,000 | $2,190,000 | $2,190,000 | 392 | |||
| $2,245,000 - $2,249,999 | 1 | $2,245,000 | $2,245,000 | $2,245,000 | 41 | |||
| $2,295,000 - $2,299,999 | 1 | $2,295,000 | $2,295,000 | $2,295,000 | 359 | |||
| $2,300,000 - $2,304,999 | 1 | $2,300,000 | $2,300,000 | $2,300,000 | 85 | |||
| $2,400,000 - $2,404,999 | 1 | $2,400,000 | $2,400,000 | $2,400,000 | 1069 | |||
| $2,455,000 - $2,459,999 | 1 | $2,459,000 | $2,459,000 | $2,459,000 | 392 | |||
| $2,490,000 - $2,494,999 | 1 | $2,490,000 | $2,490,000 | $2,490,000 | 464 | |||
| $2,495,000 - $2,499,999 | 1 | $2,495,000 | $2,495,000 | $2,495,000 | 875 | |||
| $2,500,000 - $2,504,999 | 1 | $2,500,000 | $2,500,000 | $2,500,000 | 291 | |||
| $2,550,000 - $2,554,999 | 1 | $2,550,000 | $2,550,000 | $2,550,000 | 77 | |||
| $2,595,000 - $2,599,999 | 3 | $7,789,000 | $2,596,333 | $2,595,000 | 487 | |||
| $2,625,000 - $2,629,999 | 1 | $2,625,000 | $2,625,000 | $2,625,000 | 211 | |||
| $2,795,000 - $2,799,999 | 1 | $2,795,000 | $2,795,000 | $2,795,000 | 105 | |||
| $2,845,000 - $2,849,999 | 1 | $2,845,000 | $2,845,000 | $2,845,000 | 58 | |||
| $2,900,000 - $2,904,999 | 1 | $2,900,000 | $2,900,000 | $2,900,000 | 109 | |||
| $2,925,000 - $2,929,999 | 1 | $2,925,000 | $2,925,000 | $2,925,000 | 45 | |||
| $3,495,000 - $3,499,999 | 1 | $3,495,000 | $3,495,000 | $3,495,000 | 441 | |||
| $3,500,000 - $3,504,999 | 2 | $7,000,000 | $3,500,000 | $3,500,000 | 218 | |||
| $3,800,000 - $3,804,999 | 1 | $3,800,000 | $3,800,000 | $3,800,000 | 694 | |||
| $3,950,000 - $3,954,999 | 1 | $3,950,000 | $3,950,000 | $3,950,000 | 178 | |||
| $3,990,000 - $3,994,999 | 1 | $3,990,000 | $3,990,000 | $3,990,000 | 1004 | |||
| $3,995,000 - $3,999,999 | 2 | $7,994,000 | $3,997,000 | $3,997,000 | 234 | |||
| $4,600,000 - $4,604,999 | 1 | $4,600,000 | $4,600,000 | $4,600,000 | 424 | |||
| $4,680,000 - $4,684,999 | 1 | $4,680,000 | $4,680,000 | $4,680,000 | 96 | |||
| $4,700,000 - $4,704,999 | 1 | $4,700,000 | $4,700,000 | $4,700,000 | 89 | |||
| $4,775,000 - $4,779,999 | 1 | $4,778,000 | $4,778,000 | $4,778,000 | 68 | |||
| $4,950,000 - $4,954,999 | 1 | $4,950,000 | $4,950,000 | $4,950,000 | 148 | |||
| Sub Total | 121 | $195,522,199 | $1,615,886 | $1,275,000 | 279 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $850,000 - $854,999 | 1 | $850,000 | $850,000 | $850,000 | 2 | |||
| $1,890,000 - $1,894,999 | 1 | $1,890,000 | $1,890,000 | $1,890,000 | 2 | |||
| $3,300,000 - $3,304,999 | 1 | $3,300,000 | $3,300,000 | $3,300,000 | 2 | |||
| Sub Total | 3 | $6,040,000 | $2,013,333 | $1,890,000 | 2 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $315,000 - $319,999 | 1 | $319,000 | $319,000 | $319,000 | 35 | |||
| $480,000 - $484,999 | 1 | $484,000 | $484,000 | $484,000 | 249 | |||
| $845,000 - $849,999 | 1 | $845,000 | $845,000 | $845,000 | 301 | |||
| $1,150,000 - $1,154,999 | 1 | $1,150,000 | $1,150,000 | $1,150,000 | 140 | |||
| Sub Total | 4 | $2,798,000 | $699,500 | $664,500 | 181 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $335,000 - $339,999 | 1 | $338,085 | $338,085 | $338,085 | 33 | |||
| $355,000 - $359,999 | 1 | $355,000 | $355,000 | $355,000 | 134 | |||
| $675,000 - $679,999 | 1 | $675,000 | $675,000 | $675,000 | 376 | |||
| $745,000 - $749,999 | 1 | $745,000 | $745,000 | $745,000 | 92 | |||
| $1,060,000 - $1,064,999 | 1 | $1,064,000 | $1,064,000 | $1,064,000 | 38 | |||
| $3,995,000 - $3,999,999 | 1 | $3,995,000 | $3,995,000 | $3,995,000 | 142 | |||
| Sub Total | 6 | $7,172,085 | $1,195,348 | $710,000 | 136 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $265,000 - $269,999 | 1 | $269,900 | $269,900 | $269,900 | 23 | |||
| $355,000 - $359,999 | 1 | $356,400 | $356,400 | $356,400 | 23 | |||
| $410,000 - $414,999 | 1 | $410,900 | $410,900 | $410,900 | 29 | |||
| $1,100,000 - $1,104,999 | 1 | $1,100,000 | $1,100,000 | $1,100,000 | 48 | |||
| Sub Total | 4 | $2,137,200 | $534,300 | $383,650 | 31 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $295,000 - $299,999 | 1 | $295,000 | $295,000 | $295,000 | 165 | |||
| $550,000 - $554,999 | 1 | $550,000 | $550,000 | $550,000 | 287 | |||
| $555,000 - $559,999 | 1 | $559,000 | $559,000 | $559,000 | 607 | |||
| $595,000 - $599,999 | 1 | $599,000 | $599,000 | $599,000 | 140 | |||
| $650,000 - $654,999 | 1 | $650,000 | $650,000 | $650,000 | 389 | |||
| $765,000 - $769,999 | 1 | $765,000 | $765,000 | $765,000 | 204 | |||
| $1,695,000 - $1,699,999 | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 77 | |||
| Sub Total | 7 | $5,113,000 | $730,429 | $599,000 | 267 | |||
| 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 | |||
| $300,000 - $304,999 | 1 | $300,000 | $300,000 | $300,000 | 329 | |||
| $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 | 2 | $753,000 | $376,500 | $376,500 | 100 | |||
| $380,000 - $384,999 | 1 | $380,000 | $380,000 | $380,000 | 116 | |||
| $395,000 - $399,999 | 1 | $399,000 | $399,000 | $399,000 | 41 | |||
| $415,000 - $419,999 | 1 | $415,000 | $415,000 | $415,000 | 255 | |||
| $435,000 - $439,999 | 1 | $439,000 | $439,000 | $439,000 | 131 | |||
| $450,000 - $454,999 | 2 | $900,000 | $450,000 | $450,000 | 60 | |||
| $455,000 - $459,999 | 1 | $455,000 | $455,000 | $455,000 | 247 | |||
| $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 | 2 | $1,100,000 | $550,000 | $550,000 | 63 | |||
| $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 | |||
| $890,000 - $894,999 | 1 | $890,000 | $890,000 | $890,000 | 477 | |||
| $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 | |||
| $1,265,000 - $1,269,999 | 1 | $1,265,000 | $1,265,000 | $1,265,000 | 10 | |||
| $1,375,000 - $1,379,999 | 1 | $1,375,000 | $1,375,000 | $1,375,000 | 35 | |||
| $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 | |||
| $2,750,000 - $2,754,999 | 1 | $2,750,000 | $2,750,000 | $2,750,000 | 731 | |||
| $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 | 54 | $48,959,330 | $906,654 | $531,000 | 177 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $325,000 - $329,999 | 1 | $327,900 | $327,900 | $327,900 | 58 | |||
| Sub Total | 1 | $327,900 | $327,900 | $327,900 | 58 | |||
| Grand Totals | 200 | $268,069,714 | $1,340,349 | $842,500 | 235 | |||
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