NV Weekly Market Update
March 1, 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 remains flat with the Active Listings down by 2 which makes the ratio between Active Listings to Pending Sales, 9.2%. The sales for 2009 is up to 6 and the Average Sale Price is $474,235, the Median Sale Price is $404,955 and the Average Days On Market (DOM) is 156.
| Status | Class | Type | Price Range | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $385,000 – $389,999 | 1 | $389,250 | $389,250 | $389,250 | 140 | |||
| $395,000 – $399,999 | 1 | $399,000 | $399,000 | $399,000 | 18 | |||
| $415,000 – $419,999 | 1 | $415,000 | $415,000 | $415,000 | 160 | |||
| $425,000 – $429,999 | 1 | $425,000 | $425,000 | $425,000 | 301 | |||
| $445,000 – $449,999 | 2 | $898,000 | $449,000 | $449,000 | 123 | |||
| $475,000 – $479,999 | 2 | $958,000 | $479,000 | $479,000 | 277 | |||
| $500,000 – $504,999 | 2 | $1,000,000 | $500,000 | $500,000 | 137 | |||
| $515,000 – $519,999 | 1 | $519,000 | $519,000 | $519,000 | 41 | |||
| $525,000 – $529,999 | 1 | $529,000 | $529,000 | $529,000 | 153 | |||
| $545,000 – $549,999 | 1 | $549,000 | $549,000 | $549,000 | 91 | |||
| $555,000 – $559,999 | 1 | $555,000 | $555,000 | $555,000 | 323 | |||
| $565,000 – $569,999 | 2 | $1,134,000 | $567,000 | $567,000 | 261 | |||
| $585,000 – $589,999 | 1 | $589,000 | $589,000 | $589,000 | 382 | |||
| $595,000 – $599,999 | 2 | $1,194,000 | $597,000 | $597,000 | 163 | |||
| $625,000 – $629,999 | 2 | $1,254,000 | $627,000 | $627,000 | 104 | |||
| $635,000 – $639,999 | 2 | $1,278,000 | $639,000 | $639,000 | 98 | |||
| $645,000 – $649,999 | 1 | $645,000 | $645,000 | $645,000 | 328 | |||
| $650,000 – $654,999 | 1 | $650,000 | $650,000 | $650,000 | 9 | |||
| $695,000 – $699,999 | 2 | $1,394,000 | $697,000 | $697,000 | 100 | |||
| $700,000 – $704,999 | 1 | $700,000 | $700,000 | $700,000 | 303 | |||
| $715,000 – $719,999 | 1 | $719,000 | $719,000 | $719,000 | 149 | |||
| $745,000 – $749,999 | 2 | $1,498,000 | $749,000 | $749,000 | 565 | |||
| $750,000 – $754,999 | 2 | $1,500,000 | $750,000 | $750,000 | 235 | |||
| $795,000 – $799,999 | 3 | $2,389,500 | $796,500 | $795,000 | 90 | |||
| $845,000 – $849,999 | 1 | $849,999 | $849,999 | $849,999 | 112 | |||
| $885,000 – $889,999 | 1 | $889,000 | $889,000 | $889,000 | 76 | |||
| $895,000 – $899,999 | 1 | $899,000 | $899,000 | $899,000 | 320 | |||
| $975,000 – $979,999 | 1 | $975,000 | $975,000 | $975,000 | 247 | |||
| $985,000 – $989,999 | 1 | $989,000 | $989,000 | $989,000 | 395 | |||
| $995,000 – $999,999 | 1 | $995,000 | $995,000 | $995,000 | 605 | |||
| $1,085,000 – $1,089,999 | 1 | $1,088,000 | $1,088,000 | $1,088,000 | 168 | |||
| $1,090,000 – $1,094,999 | 1 | $1,090,000 | $1,090,000 | $1,090,000 | 529 | |||
| $1,095,000 – $1,099,999 | 1 | $1,095,000 | $1,095,000 | $1,095,000 | 333 | |||
| $1,195,000 – $1,199,999 | 1 | $1,195,000 | $1,195,000 | $1,195,000 | 530 | |||
| $1,200,000 – $1,204,999 | 1 | $1,200,000 | $1,200,000 | $1,200,000 | 580 | |||
| $1,245,000 – $1,249,999 | 2 | $2,498,000 | $1,249,000 | $1,249,000 | 289 | |||
| $1,250,000 – $1,254,999 | 1 | $1,250,000 | $1,250,000 | $1,250,000 | 287 | |||
| $1,295,000 – $1,299,999 | 1 | $1,295,000 | $1,295,000 | $1,295,000 | 151 | |||
| $1,300,000 – $1,304,999 | 1 | $1,300,000 | $1,300,000 | $1,300,000 | 23 | |||
| $1,385,000 – $1,389,999 | 1 | $1,385,000 | $1,385,000 | $1,385,000 | 562 | |||
| $1,395,000 – $1,399,999 | 3 | $4,193,000 | $1,397,667 | $1,399,000 | 276 | |||
| $1,445,000 – $1,449,999 | 1 | $1,449,000 | $1,449,000 | $1,449,000 | 108 | |||
| $1,495,000 – $1,499,999 | 1 | $1,495,000 | $1,495,000 | $1,495,000 | 521 | |||
| $1,595,000 – $1,599,999 | 1 | $1,595,000 | $1,595,000 | $1,595,000 | 306 | |||
| $1,600,000 – $1,604,999 | 1 | $1,600,000 | $1,600,000 | $1,600,000 | 106 | |||
| $1,700,000 – $1,704,999 | 1 | $1,700,000 | $1,700,000 | $1,700,000 | 73 | |||
| $1,750,000 – $1,754,999 | 1 | $1,750,000 | $1,750,000 | $1,750,000 | 72 | |||
| $1,790,000 – $1,794,999 | 1 | $1,790,000 | $1,790,000 | $1,790,000 | 199 | |||
| $1,795,000 – $1,799,999 | 2 | $3,590,000 | $1,795,000 | $1,795,000 | 489 | |||
| $1,950,000 – $1,954,999 | 1 | $1,950,000 | $1,950,000 | $1,950,000 | 46 | |||
| $1,975,000 – $1,979,999 | 1 | $1,975,000 | $1,975,000 | $1,975,000 | 213 | |||
| $1,995,000 – $1,999,999 | 2 | $3,990,000 | $1,995,000 | $1,995,000 | 312 | |||
| $2,100,000 – $2,104,999 | 1 | $2,100,000 | $2,100,000 | $2,100,000 | 620 | |||
| $2,275,000 – $2,279,999 | 1 | $2,275,000 | $2,275,000 | $2,275,000 | 458 | |||
| $2,295,000 – $2,299,999 | 1 | $2,295,000 | $2,295,000 | $2,295,000 | 313 | |||
| $2,300,000 – $2,304,999 | 1 | $2,300,000 | $2,300,000 | $2,300,000 | 261 | |||
| $2,345,000 – $2,349,999 | 1 | $2,345,000 | $2,345,000 | $2,345,000 | 292 | |||
| $2,455,000 – $2,459,999 | 1 | $2,459,000 | $2,459,000 | $2,459,000 | 244 | |||
| $2,495,000 – $2,499,999 | 3 | $7,485,000 | $2,495,000 | $2,495,000 | 348 | |||
| $2,550,000 – $2,554,999 | 1 | $2,550,000 | $2,550,000 | $2,550,000 | 714 | |||
| $2,580,000 – $2,584,999 | 1 | $2,580,000 | $2,580,000 | $2,580,000 | 234 | |||
| $2,595,000 – $2,599,999 | 1 | $2,595,000 | $2,595,000 | $2,595,000 | 427 | |||
| $2,640,000 – $2,644,999 | 1 | $2,640,000 | $2,640,000 | $2,640,000 | 306 | |||
| $2,700,000 – $2,704,999 | 1 | $2,700,000 | $2,700,000 | $2,700,000 | 181 | |||
| $2,750,000 – $2,754,999 | 2 | $5,500,000 | $2,750,000 | $2,750,000 | 398 | |||
| $2,995,000 – $2,999,999 | 2 | $5,994,000 | $2,997,000 | $2,997,000 | 640 | |||
| $3,400,000 – $3,404,999 | 1 | $3,400,000 | $3,400,000 | $3,400,000 | 567 | |||
| $3,495,000 – $3,499,999 | 1 | $3,495,000 | $3,495,000 | $3,495,000 | 277 | |||
| $3,990,000 – $3,994,999 | 1 | $3,990,000 | $3,990,000 | $3,990,000 | 840 | |||
| $3,995,000 – $3,999,999 | 2 | $7,994,999 | $3,997,500 | $3,997,500 | 223 | |||
| $4,375,000 – $4,379,999 | 1 | $4,375,000 | $4,375,000 | $4,375,000 | 14 | |||
| $4,495,000 – $4,499,999 | 1 | $4,495,000 | $4,495,000 | $4,495,000 | 241 | |||
| $4,600,000 – $4,604,999 | 1 | $4,600,000 | $4,600,000 | $4,600,000 | 285 | |||
| $4,750,000 – $4,754,999 | 1 | $4,750,000 | $4,750,000 | $4,750,000 | 103 | |||
| $4,950,000 – $4,954,999 | 2 | $9,900,000 | $4,950,000 | $4,950,000 | 163 | |||
| $5,250,000 – $5,254,999 | 1 | $5,250,000 | $5,250,000 | $5,250,000 | 641 | |||
| $5,295,000 – $5,299,999 | 1 | $5,295,000 | $5,295,000 | $5,295,000 | 210 | |||
| $5,400,000 – $5,404,999 | 1 | $5,400,000 | $5,400,000 | $5,400,000 | 312 | |||
| $5,450,000 – $5,454,999 | 1 | $5,450,000 | $5,450,000 | $5,450,000 | 618 | |||
| $5,500,000 – $5,504,999 | 1 | $5,500,000 | $5,500,000 | $5,500,000 | 6 | |||
| $5,695,000 – $5,699,999 | 1 | $5,695,000 | $5,695,000 | $5,695,000 | 137 | |||
| $5,950,000 – $5,954,999 | 1 | $5,950,000 | $5,950,000 | $5,950,000 | 185 | |||
| $5,995,000 – $5,999,999 | 2 | $11,990,000 | $5,995,000 | $5,995,000 | 412 | |||
| $6,500,000 – $6,504,999 | 1 | $6,500,000 | $6,500,000 | $6,500,000 | 101 | |||
| $7,495,000 – $7,499,999 | 1 | $7,495,000 | $7,495,000 | $7,495,000 | 604 | |||
| $7,750,000 – $7,754,999 | 1 | $7,750,000 | $7,750,000 | $7,750,000 | 109 | |||
| $9,495,000 – $9,499,999 | 1 | $9,495,000 | $9,495,000 | $9,495,000 | 622 | |||
| $10,750,000 – $10,754,999 | 1 | $10,750,000 | $10,750,000 | $10,750,000 | 566 | |||
| $32,500,000 – $32,504,999 | 1 | $32,500,000 | $32,500,000 | $32,500,000 | 124 | |||
| $100,000,000 – $100,004,999 | 1 | $100,000,000 | $100,000,000 | $100,000,000 | 891 | |||
| Sub Total | 114 | $385,488,748 | $3,381,480 | $1,472,000 | 286 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $420,000 – $424,999 | 1 | $420,000 | $420,000 | $420,000 | 1 | |||
| $575,000 – $579,999 | 1 | $579,000 | $579,000 | $579,000 | 3 | |||
| $750,000 – $754,999 | 1 | $750,000 | $750,000 | $750,000 | 4 | |||
| Sub Total | 3 | $1,749,000 | $583,000 | $579,000 | 3 | |||
| Extended | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $635,000 – $639,999 | 1 | $639,000 | $639,000 | $639,000 | 135 | |||
| $795,000 – $799,999 | 1 | $795,057 | $795,057 | $795,057 | 633 | |||
| $1,495,000 – $1,499,999 | 1 | $1,499,000 | $1,499,000 | $1,499,000 | 373 | |||
| $3,800,000 – $3,804,999 | 1 | $3,800,000 | $3,800,000 | $3,800,000 | 530 | |||
| $4,950,000 – $4,954,999 | 1 | $4,950,000 | $4,950,000 | $4,950,000 | 1037 | |||
| Sub Total | 5 | $11,683,057 | $2,336,611 | $1,499,000 | 542 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $260,000 – $264,999 | 1 | $262,730 | $262,730 | $262,730 | 83 | |||
| $405,000 – $409,999 | 1 | $408,500 | $408,500 | $408,500 | 39 | |||
| $470,000 – $474,999 | 1 | $474,900 | $474,900 | $474,900 | 74 | |||
| $520,000 – $524,999 | 1 | $524,900 | $524,900 | $524,900 | 102 | |||
| $785,000 – $789,999 | 1 | $789,000 | $789,000 | $789,000 | 241 | |||
| $895,000 – $899,999 | 1 | $899,000 | $899,000 | $899,000 | 441 | |||
| Sub Total | 6 | $3,359,030 | $559,838 | $499,900 | 163 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $295,000 – $299,999 | 1 | $299,900 | $299,900 | $299,900 | 183 | |||
| $725,000 – $729,999 | 1 | $725,000 | $725,000 | $725,000 | 164 | |||
| $1,785,000 – $1,789,999 | 1 | $1,785,000 | $1,785,000 | $1,785,000 | 241 | |||
| $4,995,000 – $4,999,999 | 1 | $4,995,000 | $4,995,000 | $4,995,000 | 316 | |||
| Sub Total | 4 | $7,804,900 | $1,951,225 | $1,255,000 | 226 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $395,000 – $399,999 | 1 | $399,000 | $399,000 | $399,000 | 30 | |||
| $550,000 – $554,999 | 1 | $551,900 | $551,900 | $551,900 | 129 | |||
| $560,000 – $564,999 | 1 | $560,000 | $560,000 | $560,000 | 64 | |||
| $775,000 – $779,999 | 1 | $775,000 | $775,000 | $775,000 | 100 | |||
| Sub Total | 4 | $2,285,900 | $571,475 | $555,950 | 81 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $585,000 – $589,999 | 1 | $585,000 | $585,000 | $585,000 | 444 | |||
| $1,495,000 – $1,499,999 | 1 | $1,495,000 | $1,495,000 | $1,495,000 | 186 | |||
| Sub Total | 2 | $2,080,000 | $1,040,000 | $1,040,000 | 315 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $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 | |||
| $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 | 6 | $2,845,410 | $474,235 | $404,955 | 156 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $175,000 – $179,999 | 1 | $179,900 | $179,900 | $179,900 | 10 | |||
| $745,000 – $749,999 | 1 | $749,000 | $749,000 | $749,000 | 40 | |||
| $925,000 – $929,999 | 1 | $925,000 | $925,000 | $925,000 | 144 | |||
| Sub Total | 3 | $1,853,900 | $617,967 | $749,000 | 65 | |||
| Grand Totals | 147 | $419,149,945 | $2,851,360 | $1,200,000 | 267 | |||
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