NV Weekly Market Update

April 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 NV market is about the same this week with a ratio of 12.8%.  The Active Listings is up by 1 and the Pending sales is the same as last week at 19.  Completed transactions for YTD is up by 3 for a total of 21.  The Median Sale is $910,681 and the Average Sale Price is $542,000 and Days On Market is 169.  Since last week the Median Sale and the Average Sale is up by 2% and down by 5.6% respectively.  The 3 week rise in market activity has flattened for the Stateling area.  For Nevada, this is still good!

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $285,000 - $289,999 1 $289,900 $289,900 $289,900 19
      $350,000 - $354,999 1 $350,000 $350,000 $350,000 208
      $360,000 - $364,999 1 $360,000 $360,000 $360,000 69
      $395,000 - $399,999 2 $798,500 $399,250 $399,250 17
      $415,000 - $419,999 1 $415,000 $415,000 $415,000 211
      $425,000 - $429,999 2 $850,000 $425,000 $425,000 62
      $445,000 - $449,999 1 $449,000 $449,000 $449,000 175
      $450,000 - $454,999 1 $454,900 $454,900 $454,900 153
      $525,000 - $529,999 1 $529,000 $529,000 $529,000 204
      $545,000 - $549,999 1 $549,000 $549,000 $549,000 142
      $575,000 - $579,999 1 $575,000 $575,000 $575,000 39
      $585,000 - $589,999 2 $1,178,000 $589,000 $589,000 325
      $595,000 - $599,999 4 $2,396,500 $599,125 $599,000 140
      $625,000 - $629,999 1 $625,000 $625,000 $625,000 93
      $635,000 - $639,999 1 $639,000 $639,000 $639,000 186
      $645,000 - $649,999 1 $645,000 $645,000 $645,000 379
      $675,000 - $679,999 2 $1,354,000 $677,000 $677,000 68
      $685,000 - $689,999 1 $689,500 $689,500 $689,500 263
      $695,000 - $699,999 1 $699,000 $699,000 $699,000 27
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 950
      $750,000 - $754,999 2 $1,500,000 $750,000 $750,000 286
      $775,000 - $779,999 1 $775,000 $775,000 $775,000 26
      $795,000 - $799,999 3 $2,385,057 $795,019 $795,000 340
      $845,000 - $849,999 2 $1,694,999 $847,500 $847,500 145
      $895,000 - $899,999 2 $1,794,000 $897,000 $897,000 264
      $925,000 - $929,999 1 $925,000 $925,000 $925,000 195
      $960,000 - $964,999 1 $960,000 $960,000 $960,000 580
      $975,000 - $979,999 1 $975,000 $975,000 $975,000 298
      $995,000 - $999,999 3 $2,985,000 $995,000 $995,000 352
      $1,085,000 - $1,089,999 1 $1,088,000 $1,088,000 $1,088,000 219
      $1,095,000 - $1,099,999 1 $1,095,000 $1,095,000 $1,095,000 812
      $1,100,000 - $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 202
      $1,195,000 - $1,199,999 2 $2,394,000 $1,197,000 $1,197,000 476
      $1,200,000 - $1,204,999 2 $2,400,000 $1,200,000 $1,200,000 434
      $1,245,000 - $1,249,999 1 $1,249,000 $1,249,000 $1,249,000 309
      $1,250,000 - $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 338
      $1,295,000 - $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 628
      $1,300,000 - $1,304,999 2 $2,600,000 $1,300,000 $1,300,000 249
      $1,350,000 - $1,354,999 1 $1,350,000 $1,350,000 $1,350,000 27
      $1,365,000 - $1,369,999 1 $1,365,000 $1,365,000 $1,365,000 281
      $1,385,000 - $1,389,999 1 $1,385,000 $1,385,000 $1,385,000 613
      $1,395,000 - $1,399,999 1 $1,399,000 $1,399,000 $1,399,000 476
      $1,445,000 - $1,449,999 1 $1,449,000 $1,449,000 $1,449,000 159
      $1,495,000 - $1,499,999 1 $1,495,000 $1,495,000 $1,495,000 572
      $1,500,000 - $1,504,999 2 $3,000,000 $1,500,000 $1,500,000 440
      $1,600,000 - $1,604,999 1 $1,600,000 $1,600,000 $1,600,000 157
      $1,695,000 - $1,699,999 2 $3,390,000 $1,695,000 $1,695,000 94
      $1,750,000 - $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 123
      $1,790,000 - $1,794,999 1 $1,790,000 $1,790,000 $1,790,000 250
      $1,795,000 - $1,799,999 1 $1,795,000 $1,795,000 $1,795,000 325
      $1,950,000 - $1,954,999 1 $1,950,000 $1,950,000 $1,950,000 97
      $1,975,000 - $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 264
      $2,100,000 - $2,104,999 1 $2,100,000 $2,100,000 $2,100,000 671
      $2,190,000 - $2,194,999 1 $2,190,000 $2,190,000 $2,190,000 285
      $2,275,000 - $2,279,999 1 $2,275,000 $2,275,000 $2,275,000 509
      $2,295,000 - $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 252
      $2,300,000 - $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 312
      $2,345,000 - $2,349,999 1 $2,345,000 $2,345,000 $2,345,000 343
      $2,400,000 - $2,404,999 1 $2,400,000 $2,400,000 $2,400,000 1278
      $2,455,000 - $2,459,999 1 $2,459,000 $2,459,000 $2,459,000 295
      $2,495,000 - $2,499,999 1 $2,495,000 $2,495,000 $2,495,000 762
      $2,550,000 - $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 765
      $2,595,000 - $2,599,999 1 $2,595,000 $2,595,000 $2,595,000 478
      $2,640,000 - $2,644,999 1 $2,640,000 $2,640,000 $2,640,000 357
      $2,750,000 - $2,754,999 2 $5,500,000 $2,750,000 $2,750,000 449
      $2,995,000 - $2,999,999 1 $2,999,000 $2,999,000 $2,999,000 104
      $3,400,000 - $3,404,999 1 $3,400,000 $3,400,000 $3,400,000 618
      $3,495,000 - $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 328
      $3,500,000 - $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 261
      $3,800,000 - $3,804,999 1 $3,800,000 $3,800,000 $3,800,000 581
      $3,900,000 - $3,904,999 1 $3,900,000 $3,900,000 $3,900,000 365
      $3,990,000 - $3,994,999 1 $3,990,000 $3,990,000 $3,990,000 891
      $3,995,000 - $3,999,999 2 $7,994,999 $3,997,500 $3,997,500 158
      $4,000,000 - $4,004,999 1 $4,000,000 $4,000,000 $4,000,000 37
      $4,375,000 - $4,379,999 1 $4,375,000 $4,375,000 $4,375,000 65
      $4,495,000 - $4,499,999 1 $4,495,000 $4,495,000 $4,495,000 292
      $4,600,000 - $4,604,999 1 $4,600,000 $4,600,000 $4,600,000 336
      $4,750,000 - $4,754,999 1 $4,750,000 $4,750,000 $4,750,000 154
      $4,950,000 - $4,954,999 4 $19,800,000 $4,950,000 $4,950,000 552
      $4,995,000 - $4,999,999 1 $4,995,000 $4,995,000 $4,995,000 188
      $5,300,000 - $5,304,999 1 $5,300,000 $5,300,000 $5,300,000 35
      $5,400,000 - $5,404,999 1 $5,400,000 $5,400,000 $5,400,000 363
      $5,500,000 - $5,504,999 1 $5,500,000 $5,500,000 $5,500,000 57
      $5,950,000 - $5,954,999 1 $5,950,000 $5,950,000 $5,950,000 236
      $5,995,000 - $5,999,999 1 $5,995,000 $5,995,000 $5,995,000 561
      $6,495,000 - $6,499,999 1 $6,495,000 $6,495,000 $6,495,000 655
      $6,500,000 - $6,504,999 1 $6,500,000 $6,500,000 $6,500,000 152
      $7,750,000 - $7,754,999 1 $7,750,000 $7,750,000 $7,750,000 160
      $9,495,000 - $9,499,999 1 $9,495,000 $9,495,000 $9,495,000 673
      $9,750,000 - $9,754,999 1 $9,750,000 $9,750,000 $9,750,000 60
      $10,750,000 - $10,754,999 1 $10,750,000 $10,750,000 $10,750,000 617
      $19,250,000 - $19,254,999 1 $19,250,000 $19,250,000 $19,250,000 175
      $100,000,000 - $100,004,999 1 $100,000,000 $100,000,000 $100,000,000 942
      Sub Total 117 $381,126,355 $3,257,490 $1,399,000 317
New                
  RESIDENTIAL              
    Residential            
      $745,000 - $749,999 1 $745,900 $745,900 $745,900 2
      $965,000 - $969,999 1 $965,000 $965,000 $965,000 5
      $1,150,000 - $1,154,999 1 $1,150,000 $1,150,000 $1,150,000 3
      $2,245,000 - $2,249,999 1 $2,249,000 $2,249,000 $2,249,000 0
      Sub Total 4 $5,109,900 $1,277,475 $1,057,500 3
Extended                
  RESIDENTIAL              
    Residential            
      $385,000 - $389,999 1 $389,250 $389,250 $389,250 191
      $395,000 - $399,999 1 $396,900 $396,900 $396,900 47
      $565,000 - $569,999 1 $565,000 $565,000 $565,000 551
      $2,095,000 - $2,099,999 1 $2,095,000 $2,095,000 $2,095,000 364
      $5,995,000 - $5,999,999 1 $5,995,000 $5,995,000 $5,995,000 365
      Sub Total 5 $9,441,150 $1,888,230 $565,000 304
Price Reduced                
  RESIDENTIAL              
    Residential            
      $315,000 - $319,999 1 $319,000 $319,000 $319,000 52
      $655,000 - $659,999 1 $659,000 $659,000 $659,000 200
      $1,375,000 - $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 224
      Sub Total 3 $2,353,000 $784,333 $659,000 159
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $595,000 - $599,999 1 $599,000 $599,000 $599,000 62
      $4,950,000 - $4,954,999 1 $4,950,000 $4,950,000 $4,950,000 261
      Sub Total 2 $5,549,000 $2,774,500 $2,774,500 162
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $245,000 - $249,999 1 $246,970 $246,970 $246,970 134
      $295,000 - $299,999 1 $297,450 $297,450 $297,450 55
      $555,000 - $559,999 1 $555,000 $555,000 $555,000 374
      $1,195,000 - $1,199,999 1 $1,195,000 $1,195,000 $1,195,000 47
      Sub Total 4 $2,294,420 $573,605 $426,225 153
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $425,000 - $429,999 1 $425,000 $425,000 $425,000 352
      $500,000 - $504,999 2 $1,000,000 $500,000 $500,000 188
      $550,000 - $554,999 1 $550,000 $550,000 $550,000 174
      $585,000 - $589,999 1 $585,000 $585,000 $585,000 495
      $720,000 - $724,999 1 $720,000 $720,000 $720,000 692
      $840,000 - $844,999 1 $840,000 $840,000 $840,000 42
      $985,000 - $989,999 1 $989,000 $989,000 $989,000 446
      $1,995,000 - $1,999,999 1 $1,995,000 $1,995,000 $1,995,000 553
      Sub Total 9 $7,104,000 $789,333 $585,000 348
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
      $500,000 - $504,999 1 $500,000 $500,000 $500,000 49
      $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
      $625,000 - $629,999 1 $629,000 $629,000 $629,000 83
      $630,000 - $634,999 1 $630,000 $630,000 $630,000 349
      $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 21 $19,124,309 $910,681 $542,000 169
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $385,000 - $389,999 1 $389,900 $389,900 $389,900 49
      $405,000 - $409,999 1 $408,500 $408,500 $408,500 90
      $470,000 - $474,999 1 $474,900 $474,900 $474,900 90
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 91
      Sub Total 4 $2,022,300 $505,575 $441,700 80
                 
Grand Totals 169 $434,124,434 $2,568,784 $1,088,000 278

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