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NV Weekly Market Update

January 26, 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.

Activity is still increasing for the Nevada side and there are now a total of 3 sales for 2009.  Active listings has increased by 3 since last week for a total of 132.  There are 2 more Pending sales for a total of 10 and the ratio between Active listings to Pending Sales is up from 5.8% to 7%.  The Sold Median Price is $603,000 and the Sold Average Price is $607,667.

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $395,000 - $399,999 1 $399,000 $399,000 $399,000 106
      $405,000 - $409,999 1 $405,000 $405,000 $405,000 130
      $415,000 - $419,999 1 $415,000 $415,000 $415,000 126
      $445,000 - $449,999 1 $449,000 $449,000 $449,000 87
      $475,000 - $479,999 2 $954,000 $477,000 $477,000 504
      $500,000 - $504,999 2 $1,000,000 $500,000 $500,000 103
      $515,000 - $519,999 1 $519,000 $519,000 $519,000 7
      $525,000 - $529,999 1 $529,000 $529,000 $529,000 119
      $535,000 - $539,999 1 $539,900 $539,900 $539,900 40
      $550,000 - $554,999 2 $1,104,900 $552,450 $552,450 168
      $555,000 - $559,999 1 $555,000 $555,000 $555,000 289
      $560,000 - $564,999 1 $560,000 $560,000 $560,000 30
      $565,000 - $569,999 1 $565,000 $565,000 $565,000 466
      $570,000 - $574,999 1 $573,000 $573,000 $573,000 57
      $585,000 - $589,999 2 $1,174,000 $587,000 $587,000 215
      $595,000 - $599,999 3 $1,793,000 $597,667 $599,000 214
      $625,000 - $629,999 1 $625,000 $625,000 $625,000 8
      $635,000 - $639,999 2 $1,278,000 $639,000 $639,000 184
      $645,000 - $649,999 1 $645,000 $645,000 $645,000 294
      $680,000 - $684,999 1 $681,000 $681,000 $681,000 410
      $685,000 - $689,999 2 $1,378,500 $689,250 $689,250 164
      $695,000 - $699,999 3 $2,093,000 $697,667 $699,000 384
      $700,000 - $704,999 1 $700,000 $700,000 $700,000 269
      $715,000 - $719,999 1 $719,000 $719,000 $719,000 115
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 197
      $750,000 - $754,999 1 $750,000 $750,000 $750,000 217
      $795,000 - $799,999 1 $795,057 $795,057 $795,057 599
      $845,000 - $849,999 2 $1,694,999 $847,500 $847,500 124
      $975,000 - $979,999 1 $975,000 $975,000 $975,000 213
      $985,000 - $989,999 1 $989,000 $989,000 $989,000 361
      $990,000 - $994,999 1 $990,000 $990,000 $990,000 207
      $995,000 - $999,999 4 $3,984,000 $996,000 $995,000 397
      $1,085,000 - $1,089,999 1 $1,088,000 $1,088,000 $1,088,000 134
      $1,090,000 - $1,094,999 2 $2,180,000 $1,090,000 $1,090,000 391
      $1,095,000 - $1,099,999 3 $3,285,000 $1,095,000 $1,095,000 478
      $1,145,000 - $1,149,999 1 $1,145,000 $1,145,000 $1,145,000 161
      $1,195,000 - $1,199,999 1 $1,195,000 $1,195,000 $1,195,000 496
      $1,200,000 - $1,204,999 1 $1,200,000 $1,200,000 $1,200,000 546
      $1,245,000 - $1,249,999 2 $2,498,000 $1,249,000 $1,249,000 255
      $1,250,000 - $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 253
      $1,295,000 - $1,299,999 2 $2,590,000 $1,295,000 $1,295,000 330
      $1,385,000 - $1,389,999 1 $1,385,000 $1,385,000 $1,385,000 528
      $1,395,000 - $1,399,999 1 $1,399,000 $1,399,000 $1,399,000 196
      $1,445,000 - $1,449,999 1 $1,449,000 $1,449,000 $1,449,000 74
      $1,490,000 - $1,494,999 1 $1,492,000 $1,492,000 $1,492,000 139
      $1,495,000 - $1,499,999 2 $2,994,000 $1,497,000 $1,497,000 413
      $1,595,000 - $1,599,999 1 $1,595,000 $1,595,000 $1,595,000 272
      $1,600,000 - $1,604,999 1 $1,600,000 $1,600,000 $1,600,000 72
      $1,750,000 - $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 38
      $1,785,000 - $1,789,999 1 $1,785,000 $1,785,000 $1,785,000 207
      $1,795,000 - $1,799,999 2 $3,590,000 $1,795,000 $1,795,000 455
      $1,900,000 - $1,904,999 2 $3,800,000 $1,900,000 $1,900,000 312
      $1,975,000 - $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 179
      $1,995,000 - $1,999,999 2 $3,990,000 $1,995,000 $1,995,000 278
      $2,100,000 - $2,104,999 2 $4,200,000 $2,100,000 $2,100,000 585
      $2,275,000 - $2,279,999 1 $2,275,000 $2,275,000 $2,275,000 424
      $2,295,000 - $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 279
      $2,300,000 - $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 227
      $2,345,000 - $2,349,999 1 $2,345,000 $2,345,000 $2,345,000 258
      $2,450,000 - $2,454,999 1 $2,450,000 $2,450,000 $2,450,000 83
      $2,455,000 - $2,459,999 1 $2,459,000 $2,459,000 $2,459,000 210
      $2,495,000 - $2,499,999 1 $2,495,000 $2,495,000 $2,495,000 97
      $2,550,000 - $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 680
      $2,580,000 - $2,584,999 1 $2,580,000 $2,580,000 $2,580,000 200
      $2,595,000 - $2,599,999 1 $2,595,000 $2,595,000 $2,595,000 393
      $2,700,000 - $2,704,999 1 $2,700,000 $2,700,000 $2,700,000 147
      $2,750,000 - $2,754,999 3 $8,250,000 $2,750,000 $2,750,000 333
      $2,795,000 - $2,799,999 1 $2,798,000 $2,798,000 $2,798,000 677
      $2,995,000 - $2,999,999 2 $5,994,000 $2,997,000 $2,997,000 606
      $3,495,000 - $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 243
      $3,800,000 - $3,804,999 1 $3,800,000 $3,800,000 $3,800,000 496
      $3,895,000 - $3,899,999 1 $3,899,900 $3,899,900 $3,899,900 533
      $3,995,000 - $3,999,999 2 $7,994,999 $3,997,500 $3,997,500 189
      $4,495,000 - $4,499,999 2 $8,990,000 $4,495,000 $4,495,000 507
      $4,750,000 - $4,754,999 1 $4,750,000 $4,750,000 $4,750,000 69
      $4,950,000 - $4,954,999 2 $9,900,000 $4,950,000 $4,950,000 644
      $5,250,000 - $5,254,999 1 $5,250,000 $5,250,000 $5,250,000 607
      $5,295,000 - $5,299,999 1 $5,295,000 $5,295,000 $5,295,000 176
      $5,400,000 - $5,404,999 1 $5,400,000 $5,400,000 $5,400,000 278
      $5,500,000 - $5,504,999 1 $5,500,000 $5,500,000 $5,500,000 612
      $5,595,000 - $5,599,999 1 $5,595,000 $5,595,000 $5,595,000 251
      $5,895,000 - $5,899,999 1 $5,895,000 $5,895,000 $5,895,000 103
      $5,950,000 - $5,954,999 2 $11,900,000 $5,950,000 $5,950,000 368
      $5,995,000 - $5,999,999 2 $11,990,000 $5,995,000 $5,995,000 378
      $6,500,000 - $6,504,999 1 $6,500,000 $6,500,000 $6,500,000 67
      $7,495,000 - $7,499,999 1 $7,495,000 $7,495,000 $7,495,000 570
      $7,750,000 - $7,754,999 1 $7,750,000 $7,750,000 $7,750,000 75
      $9,495,000 - $9,499,999 1 $9,495,000 $9,495,000 $9,495,000 588
      $11,250,000 - $11,254,999 1 $11,250,000 $11,250,000 $11,250,000 532
      $32,500,000 - $32,504,999 1 $32,500,000 $32,500,000 $32,500,000 90
      $100,000,000 - $100,004,999 1 $100,000,000 $100,000,000 $100,000,000 857
      Sub Total 123 $398,747,255 $3,241,848 $1,399,000 306
New                
  RESIDENTIAL              
    Residential            
      $430,000 - $434,999 1 $430,000 $430,000 $430,000 5
      $840,000 - $844,999 1 $840,000 $840,000 $840,000 2
      Sub Total 2 $1,270,000 $635,000 $635,000 4
Back On Market                
  RESIDENTIAL              
    Residential            
      $2,350,000 - $2,354,999 1 $2,350,000 $2,350,000 $2,350,000 12
      Sub Total 1 $2,350,000 $2,350,000 $2,350,000 12
Extended                
  RESIDENTIAL              
    Residential            
      $445,000 - $449,999 1 $449,000 $449,000 $449,000 90
      $750,000 - $754,999 1 $750,000 $750,000 $750,000 185
      $4,495,000 - $4,499,999 1 $4,495,000 $4,495,000 $4,495,000 280
      Sub Total 3 $5,694,000 $1,898,000 $750,000 185
Price Reduced                
  RESIDENTIAL              
    Residential            
      $315,000 - $319,999 1 $319,200 $319,200 $319,200 49
      $550,000 - $554,999 1 $551,900 $551,900 $551,900 95
      $1,790,000 - $1,794,999 1 $1,790,000 $1,790,000 $1,790,000 165
      Sub Total 3 $2,661,100 $887,033 $551,900 103
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $295,000 - $299,999 1 $299,900 $299,900 $299,900 149
      $325,000 - $329,999 1 $329,900 $329,900 $329,900 90
      $465,000 - $469,999 1 $465,000 $465,000 $465,000 698
      $725,000 - $729,999 1 $725,000 $725,000 $725,000 130
      $4,995,000 - $4,999,999 1 $4,995,000 $4,995,000 $4,995,000 282
      Sub Total 5 $6,814,800 $1,362,960 $465,000 270
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $395,000 - $399,999 1 $399,900 $399,900 $399,900 167
      $475,000 - $479,999 1 $479,000 $479,000 $479,000 196
      $775,000 - $779,999 1 $775,000 $775,000 $775,000 66
      Sub Total 3 $1,653,900 $551,300 $479,000 143
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $445,000 - $449,999 1 $445,000 $445,000 $445,000 420
      $1,495,000 - $1,499,999 1 $1,495,000 $1,495,000 $1,495,000 152
      Sub Total 2 $1,940,000 $970,000 $970,000 286
SOLD                
  RESIDENTIAL              
    Residential            
      $450,000 - $454,999 1 $450,000 $450,000 $450,000 6
      $600,000 - $604,999 1 $603,000 $603,000 $603,000 98
      $770,000 - $774,999 1 $770,000 $770,000 $770,000 97
      Sub Total 3 $1,823,000 $607,667 $603,000 67
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 6
      Sub Total 1 $749,000 $749,000 $749,000 6
                 
Grand Totals 146 $423,703,055 $2,902,076 $1,224,500 281

Written by admin · Filed Under Weekly Statistics for NV 
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