Lake Tahoe Weekly Real Estate Market Statistics For East Shore Nevada
June 25, 2010
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. I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports. 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 has flattenned out! It’s time to change the tire and get on the road again. To track the most current Buyer activity on the market, I like to use the Market Activity Ratio. This is the relationship between Active Listings on the market and the Pending Sales. This past week we did see the Market Activity ratio decrease from 10.8% to 8.8%. This is the result of the Active Listings increasing by 1 as the Pending Sales dropped by 5. It is interesting to note that the number of Pending Short Sales did increase by 2 which now represents 65% of the Pending sales.
There were 2 new sales this past week for a YTD total of 56 sales. A lakeview home in Lakeridge sold for $767,000 and the other sale was in Glenbrook for $2,550,000. This increased the 6 month average sales price by a significant 7.5% to $748,611. The average days on market for these sales is 257 days.
| Status | Class | Type | Price Range | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $65,000 - $69,999 | 1 | $69,900 | $69,900 | $69,900 | 220 | |||
| $125,000 - $129,999 | 2 | $254,150 | $127,075 | $127,075 | 134 | |||
| $130,000 - $134,999 | 1 | $134,900 | $134,900 | $134,900 | 38 | |||
| $135,000 - $139,999 | 1 | $135,000 | $135,000 | $135,000 | 30 | |||
| $165,000 - $169,999 | 1 | $169,500 | $169,500 | $169,500 | 1131 | |||
| $170,000 - $174,999 | 1 | $174,000 | $174,000 | $174,000 | 126 | |||
| $185,000 - $189,999 | 2 | $378,000 | $189,000 | $189,000 | 84 | |||
| $195,000 - $199,999 | 3 | $595,500 | $198,500 | $199,000 | 302 | |||
| $200,000 - $204,999 | 1 | $204,900 | $204,900 | $204,900 | 52 | |||
| $215,000 - $219,999 | 1 | $215,000 | $215,000 | $215,000 | 45 | |||
| $230,000 - $234,999 | 1 | $234,500 | $234,500 | $234,500 | 871 | |||
| $240,000 - $244,999 | 1 | $240,000 | $240,000 | $240,000 | 122 | |||
| $245,000 - $249,999 | 1 | $249,000 | $249,000 | $249,000 | 122 | |||
| $255,000 - $259,999 | 4 | $1,037,400 | $259,350 | $259,250 | 268 | |||
| $265,000 - $269,999 | 1 | $269,000 | $269,000 | $269,000 | 538 | |||
| $270,000 - $274,999 | 1 | $270,000 | $270,000 | $270,000 | 194 | |||
| $295,000 - $299,999 | 3 | $893,900 | $297,967 | $299,000 | 28 | |||
| $315,000 - $319,999 | 1 | $318,000 | $318,000 | $318,000 | 533 | |||
| $325,000 - $329,999 | 4 | $1,305,400 | $326,350 | $326,250 | 134 | |||
| $335,000 - $339,999 | 1 | $339,000 | $339,000 | $339,000 | 18 | |||
| $345,000 - $349,999 | 2 | $698,500 | $349,250 | $349,250 | 407 | |||
| $365,000 - $369,999 | 1 | $365,000 | $365,000 | $365,000 | 10 | |||
| $370,000 - $374,999 | 2 | $742,000 | $371,000 | $371,000 | 49 | |||
| $375,000 - $379,999 | 2 | $754,000 | $377,000 | $377,000 | 76 | |||
| $395,000 - $399,999 | 4 | $1,592,000 | $398,000 | $399,000 | 360 | |||
| $410,000 - $414,999 | 3 | $1,232,000 | $410,667 | $410,000 | 53 | |||
| $415,000 - $419,999 | 3 | $1,253,000 | $417,667 | $419,000 | 323 | |||
| $425,000 - $429,999 | 1 | $425,000 | $425,000 | $425,000 | 144 | |||
| $440,000 - $444,999 | 1 | $440,000 | $440,000 | $440,000 | 89 | |||
| $445,000 - $449,999 | 1 | $449,000 | $449,000 | $449,000 | 361 | |||
| $450,000 - $454,999 | 1 | $450,000 | $450,000 | $450,000 | 181 | |||
| $465,000 - $469,999 | 1 | $469,000 | $469,000 | $469,000 | 36 | |||
| $475,000 - $479,999 | 7 | $3,345,177 | $477,882 | $479,000 | 210 | |||
| $495,000 - $499,999 | 2 | $998,000 | $499,000 | $499,000 | 406 | |||
| $510,000 - $514,999 | 2 | $1,020,000 | $510,000 | $510,000 | 227 | |||
| $525,000 - $529,999 | 1 | $525,000 | $525,000 | $525,000 | 65 | |||
| $530,000 - $534,999 | 1 | $534,000 | $534,000 | $534,000 | 116 | |||
| $535,000 - $539,999 | 1 | $539,000 | $539,000 | $539,000 | 86 | |||
| $545,000 - $549,999 | 1 | $547,000 | $547,000 | $547,000 | 95 | |||
| $550,000 - $554,999 | 1 | $550,000 | $550,000 | $550,000 | 1037 | |||
| $555,000 - $559,999 | 1 | $555,000 | $555,000 | $555,000 | 45 | |||
| $570,000 - $574,999 | 1 | $570,000 | $570,000 | $570,000 | 161 | |||
| $575,000 - $579,999 | 1 | $575,000 | $575,000 | $575,000 | 305 | |||
| $585,000 - $589,999 | 1 | $588,000 | $588,000 | $588,000 | 45 | |||
| $595,000 - $599,999 | 6 | $3,586,000 | $597,667 | $599,000 | 47 | |||
| $625,000 - $629,999 | 2 | $1,254,000 | $627,000 | $627,000 | 756 | |||
| $630,000 - $634,999 | 1 | $634,500 | $634,500 | $634,500 | 11 | |||
| $635,000 - $639,999 | 2 | $1,274,000 | $637,000 | $637,000 | 79 | |||
| $645,000 - $649,999 | 6 | $3,885,000 | $647,500 | $648,500 | 207 | |||
| $655,000 - $659,999 | 1 | $659,000 | $659,000 | $659,000 | 28 | |||
| $665,000 - $669,999 | 1 | $669,000 | $669,000 | $669,000 | 34 | |||
| $675,000 - $679,999 | 2 | $1,353,000 | $676,500 | $676,500 | 98 | |||
| $695,000 - $699,999 | 2 | $1,394,000 | $697,000 | $697,000 | 338 | |||
| $720,000 - $724,999 | 1 | $724,999 | $724,999 | $724,999 | 53 | |||
| $745,000 - $749,999 | 1 | $749,000 | $749,000 | $749,000 | 122 | |||
| $750,000 - $754,999 | 1 | $750,000 | $750,000 | $750,000 | 139 | |||
| $765,000 - $769,999 | 2 | $1,538,000 | $769,000 | $769,000 | 148 | |||
| $795,000 - $799,999 | 2 | $1,594,900 | $797,450 | $797,450 | 14 | |||
| $845,000 - $849,999 | 2 | $1,694,000 | $847,000 | $847,000 | 20 | |||
| $850,000 - $854,999 | 1 | $850,000 | $850,000 | $850,000 | 15 | |||
| $895,000 - $899,999 | 1 | $895,000 | $895,000 | $895,000 | 267 | |||
| $925,000 - $929,999 | 1 | $925,000 | $925,000 | $925,000 | 168 | |||
| $955,000 - $959,999 | 1 | $959,000 | $959,000 | $959,000 | 315 | |||
| $960,000 - $964,999 | 1 | $960,000 | $960,000 | $960,000 | 16 | |||
| $995,000 - $999,999 | 3 | $2,989,999 | $996,666 | $995,000 | 441 | |||
| $1,040,000 - $1,044,999 | 1 | $1,040,000 | $1,040,000 | $1,040,000 | 60 | |||
| $1,045,000 - $1,049,999 | 1 | $1,049,000 | $1,049,000 | $1,049,000 | 800 | |||
| $1,095,000 - $1,099,999 | 2 | $2,190,000 | $1,095,000 | $1,095,000 | 547 | |||
| $1,100,000 - $1,104,999 | 2 | $2,200,000 | $1,100,000 | $1,100,000 | 184 | |||
| $1,145,000 - $1,149,999 | 1 | $1,149,000 | $1,149,000 | $1,149,000 | 44 | |||
| $1,150,000 - $1,154,999 | 1 | $1,150,000 | $1,150,000 | $1,150,000 | 14 | |||
| $1,195,000 - $1,199,999 | 4 | $4,780,000 | $1,195,000 | $1,195,000 | 254 | |||
| $1,200,000 - $1,204,999 | 1 | $1,200,000 | $1,200,000 | $1,200,000 | 91 | |||
| $1,245,000 - $1,249,999 | 1 | $1,249,000 | $1,249,000 | $1,249,000 | 136 | |||
| $1,250,000 - $1,254,999 | 1 | $1,250,000 | $1,250,000 | $1,250,000 | 756 | |||
| $1,285,000 - $1,289,999 | 1 | $1,289,000 | $1,289,000 | $1,289,000 | 54 | |||
| $1,295,000 - $1,299,999 | 3 | $3,889,000 | $1,296,333 | $1,295,000 | 436 | |||
| $1,375,000 - $1,379,999 | 2 | $2,753,000 | $1,376,500 | $1,376,500 | 390 | |||
| $1,395,000 - $1,399,999 | 1 | $1,395,000 | $1,395,000 | $1,395,000 | 18 | |||
| $1,495,000 - $1,499,999 | 1 | $1,495,000 | $1,495,000 | $1,495,000 | 231 | |||
| $1,500,000 - $1,504,999 | 1 | $1,500,000 | $1,500,000 | $1,500,000 | 69 | |||
| $1,595,000 - $1,599,999 | 2 | $3,194,000 | $1,597,000 | $1,597,000 | 91 | |||
| $1,625,000 - $1,629,999 | 1 | $1,625,000 | $1,625,000 | $1,625,000 | 794 | |||
| $1,650,000 - $1,654,999 | 1 | $1,650,000 | $1,650,000 | $1,650,000 | 92 | |||
| $1,690,000 - $1,694,999 | 1 | $1,690,000 | $1,690,000 | $1,690,000 | 261 | |||
| $1,695,000 - $1,699,999 | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 602 | |||
| $1,750,000 - $1,754,999 | 1 | $1,750,000 | $1,750,000 | $1,750,000 | 330 | |||
| $1,770,000 - $1,774,999 | 1 | $1,770,000 | $1,770,000 | $1,770,000 | 319 | |||
| $1,795,000 - $1,799,999 | 1 | $1,795,000 | $1,795,000 | $1,795,000 | 743 | |||
| $1,825,000 - $1,829,999 | 1 | $1,825,000 | $1,825,000 | $1,825,000 | 151 | |||
| $1,850,000 - $1,854,999 | 2 | $3,700,000 | $1,850,000 | $1,850,000 | 126 | |||
| $1,975,000 - $1,979,999 | 1 | $1,975,000 | $1,975,000 | $1,975,000 | 939 | |||
| $1,995,000 - $1,999,999 | 1 | $1,995,000 | $1,995,000 | $1,995,000 | 501 | |||
| $2,195,000 - $2,199,999 | 1 | $2,198,000 | $2,198,000 | $2,198,000 | 121 | |||
| $2,250,000 - $2,254,999 | 1 | $2,250,000 | $2,250,000 | $2,250,000 | 280 | |||
| $2,295,000 - $2,299,999 | 1 | $2,295,000 | $2,295,000 | $2,295,000 | 673 | |||
| $2,300,000 - $2,304,999 | 1 | $2,300,000 | $2,300,000 | $2,300,000 | 396 | |||
| $2,395,000 - $2,399,999 | 1 | $2,395,000 | $2,395,000 | $2,395,000 | 8 | |||
| $2,500,000 - $2,504,999 | 1 | $2,500,000 | $2,500,000 | $2,500,000 | 18 | |||
| $2,550,000 - $2,554,999 | 1 | $2,550,000 | $2,550,000 | $2,550,000 | 394 | |||
| $2,595,000 - $2,599,999 | 1 | $2,595,000 | $2,595,000 | $2,595,000 | 220 | |||
| $2,700,000 - $2,704,999 | 1 | $2,700,000 | $2,700,000 | $2,700,000 | 253 | |||
| $2,835,000 - $2,839,999 | 1 | $2,835,000 | $2,835,000 | $2,835,000 | 74 | |||
| $2,995,000 - $2,999,999 | 2 | $5,990,000 | $2,995,000 | $2,995,000 | 539 | |||
| $3,100,000 - $3,104,999 | 1 | $3,100,000 | $3,100,000 | $3,100,000 | 735 | |||
| $3,350,000 - $3,354,999 | 1 | $3,350,000 | $3,350,000 | $3,350,000 | 185 | |||
| $3,495,000 - $3,499,999 | 1 | $3,495,000 | $3,495,000 | $3,495,000 | 15 | |||
| $3,595,000 - $3,599,999 | 1 | $3,595,000 | $3,595,000 | $3,595,000 | 415 | |||
| $3,700,000 - $3,704,999 | 1 | $3,700,000 | $3,700,000 | $3,700,000 | 15 | |||
| $3,750,000 - $3,754,999 | 1 | $3,750,000 | $3,750,000 | $3,750,000 | 380 | |||
| $3,995,000 - $3,999,999 | 2 | $7,990,000 | $3,995,000 | $3,995,000 | 737 | |||
| $4,295,000 - $4,299,999 | 1 | $4,299,500 | $4,299,500 | $4,299,500 | 406 | |||
| $4,495,000 - $4,499,999 | 2 | $8,994,000 | $4,497,000 | $4,497,000 | 171 | |||
| $4,650,000 - $4,654,999 | 2 | $9,300,000 | $4,650,000 | $4,650,000 | 858 | |||
| $4,675,000 - $4,679,999 | 1 | $4,675,000 | $4,675,000 | $4,675,000 | 383 | |||
| $4,680,000 - $4,684,999 | 1 | $4,680,000 | $4,680,000 | $4,680,000 | 413 | |||
| $4,750,000 - $4,754,999 | 1 | $4,750,000 | $4,750,000 | $4,750,000 | 73 | |||
| $4,900,000 - $4,904,999 | 1 | $4,900,000 | $4,900,000 | $4,900,000 | 7 | |||
| $4,950,000 - $4,954,999 | 1 | $4,950,000 | $4,950,000 | $4,950,000 | 213 | |||
| $5,400,000 - $5,404,999 | 1 | $5,400,000 | $5,400,000 | $5,400,000 | 41 | |||
| $5,450,000 - $5,454,999 | 1 | $5,450,000 | $5,450,000 | $5,450,000 | 364 | |||
| $5,495,000 - $5,499,999 | 3 | $16,485,000 | $5,495,000 | $5,495,000 | 300 | |||
| $6,350,000 - $6,354,999 | 1 | $6,350,000 | $6,350,000 | $6,350,000 | 260 | |||
| $6,475,000 - $6,479,999 | 1 | $6,475,000 | $6,475,000 | $6,475,000 | 54 | |||
| $6,500,000 - $6,504,999 | 1 | $6,500,000 | $6,500,000 | $6,500,000 | 43 | |||
| $6,970,000 - $6,974,999 | 1 | $6,974,000 | $6,974,000 | $6,974,000 | 386 | |||
| $7,900,000 - $7,904,999 | 1 | $7,900,000 | $7,900,000 | $7,900,000 | 295 | |||
| $18,750,000 - $18,754,999 | 1 | $18,750,000 | $18,750,000 | $18,750,000 | 261 | |||
| $100,000,000 - $100,004,999 | 1 | $100,000,000 | $100,000,000 | $100,000,000 | 1372 | |||
| Sub Total | 194 | $396,703,625 | $2,044,864 | $712,000 | 255 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $195,000 - $199,999 | 1 | $195,000 | $195,000 | $195,000 | 10 | |||
| $330,000 - $334,999 | 1 | $330,000 | $330,000 | $330,000 | 7 | |||
| $495,000 - $499,999 | 1 | $499,900 | $499,900 | $499,900 | 2 | |||
| $725,000 - $729,999 | 1 | $725,000 | $725,000 | $725,000 | 2 | |||
| Sub Total | 4 | $1,749,900 | $437,475 | $414,950 | 5 | |||
| Extended | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $185,000 - $189,999 | 1 | $189,900 | $189,900 | $189,900 | 214 | |||
| $225,000 - $229,999 | 1 | $225,000 | $225,000 | $225,000 | 227 | |||
| $315,000 - $319,999 | 1 | $315,000 | $315,000 | $315,000 | 511 | |||
| $4,500,000 - $4,504,999 | 1 | $4,500,000 | $4,500,000 | $4,500,000 | 385 | |||
| $4,995,000 - $4,999,999 | 1 | $4,995,000 | $4,995,000 | $4,995,000 | 328 | |||
| Sub Total | 5 | $10,224,900 | $2,044,980 | $315,000 | 333 | |||
| Price Raised | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $725,000 - $729,999 | 1 | $729,000 | $729,000 | $729,000 | 24 | |||
| $1,000,000 - $1,004,999 | 1 | $1,000,000 | $1,000,000 | $1,000,000 | 20 | |||
| Sub Total | 2 | $1,729,000 | $864,500 | $864,500 | 22 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $245,000 - $249,999 | 1 | $249,000 | $249,000 | $249,000 | 482 | |||
| $925,000 - $929,999 | 1 | $925,000 | $925,000 | $925,000 | 503 | |||
| $995,000 - $999,999 | 1 | $995,000 | $995,000 | $995,000 | 42 | |||
| Sub Total | 3 | $2,169,000 | $723,000 | $925,000 | 342 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $195,000 - $199,999 | 1 | $199,000 | $199,000 | $199,000 | 273 | |||
| $325,000 - $329,999 | 1 | $329,000 | $329,000 | $329,000 | 42 | |||
| $495,000 - $499,999 | 1 | $499,000 | $499,000 | $499,000 | 69 | |||
| $595,000 - $599,999 | 2 | $1,190,000 | $595,000 | $595,000 | 97 | |||
| $695,000 - $699,999 | 1 | $695,000 | $695,000 | $695,000 | 32 | |||
| $770,000 - $774,999 | 1 | $774,900 | $774,900 | $774,900 | 136 | |||
| Sub Total | 7 | $3,686,900 | $526,700 | $595,000 | 106 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $375,000 - $379,999 | 1 | $375,000 | $375,000 | $375,000 | 241 | |||
| $645,000 - $649,999 | 1 | $649,000 | $649,000 | $649,000 | 99 | |||
| $1,295,000 - $1,299,999 | 1 | $1,295,000 | $1,295,000 | $1,295,000 | 147 | |||
| Sub Total | 3 | $2,319,000 | $773,000 | $649,000 | 162 | |||
| Active/Pending-House | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $1,000,000 - $1,004,999 | 1 | $1,000,000 | $1,000,000 | $1,000,000 | 83 | |||
| Sub Total | 1 | $1,000,000 | $1,000,000 | $1,000,000 | 83 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $75,000 - $79,999 | 1 | $79,900 | $79,900 | $79,900 | 252 | |||
| $105,000 - $109,999 | 1 | $109,900 | $109,900 | $109,900 | 98 | |||
| $120,000 - $124,999 | 1 | $122,500 | $122,500 | $122,500 | 92 | |||
| $245,000 - $249,999 | 2 | $498,900 | $249,450 | $249,450 | 24 | |||
| $345,000 - $349,999 | 1 | $349,500 | $349,500 | $349,500 | 1350 | |||
| $415,000 - $419,999 | 1 | $419,000 | $419,000 | $419,000 | 566 | |||
| $425,000 - $429,999 | 1 | $425,000 | $425,000 | $425,000 | 280 | |||
| $975,000 - $979,999 | 1 | $979,000 | $979,000 | $979,000 | 553 | |||
| $1,365,000 - $1,369,999 | 1 | $1,365,000 | $1,365,000 | $1,365,000 | 394 | |||
| $1,500,000 - $1,504,999 | 1 | $1,500,000 | $1,500,000 | $1,500,000 | 1192 | |||
| $1,690,000 - $1,694,999 | 1 | $1,690,000 | $1,690,000 | $1,690,000 | 143 | |||
| $2,100,000 - $2,104,999 | 1 | $2,100,000 | $2,100,000 | $2,100,000 | 377 | |||
| Sub Total | 13 | $9,638,700 | $741,438 | $419,000 | 411 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $115,000 - $119,999 | 1 | $115,000 | $115,000 | $115,000 | 125 | |||
| $125,000 - $129,999 | 1 | $125,000 | $125,000 | $125,000 | 153 | |||
| $165,000 - $169,999 | 2 | $334,000 | $167,000 | $167,000 | 71 | |||
| $175,000 - $179,999 | 1 | $179,000 | $179,000 | $179,000 | 79 | |||
| $190,000 - $194,999 | 1 | $190,000 | $190,000 | $190,000 | 836 | |||
| $195,000 - $199,999 | 1 | $198,000 | $198,000 | $198,000 | 435 | |||
| $200,000 - $204,999 | 1 | $202,500 | $202,500 | $202,500 | 89 | |||
| $215,000 - $219,999 | 1 | $215,900 | $215,900 | $215,900 | 18 | |||
| $235,000 - $239,999 | 1 | $235,000 | $235,000 | $235,000 | 440 | |||
| $245,000 - $249,999 | 1 | $245,000 | $245,000 | $245,000 | 70 | |||
| $250,000 - $254,999 | 1 | $250,000 | $250,000 | $250,000 | 61 | |||
| $265,000 - $269,999 | 2 | $532,500 | $266,250 | $266,250 | 96 | |||
| $285,000 - $289,999 | 2 | $570,900 | $285,450 | $285,450 | 182 | |||
| $295,000 - $299,999 | 1 | $295,000 | $295,000 | $295,000 | 207 | |||
| $300,000 - $304,999 | 1 | $300,000 | $300,000 | $300,000 | 2 | |||
| $315,000 - $319,999 | 1 | $315,000 | $315,000 | $315,000 | 176 | |||
| $365,000 - $369,999 | 1 | $365,000 | $365,000 | $365,000 | 25 | |||
| $370,000 - $374,999 | 1 | $372,500 | $372,500 | $372,500 | 59 | |||
| $380,000 - $384,999 | 1 | $380,000 | $380,000 | $380,000 | 125 | |||
| $395,000 - $399,999 | 2 | $794,000 | $397,000 | $397,000 | 171 | |||
| $400,000 - $404,999 | 1 | $400,000 | $400,000 | $400,000 | 33 | |||
| $410,000 - $414,999 | 1 | $410,000 | $410,000 | $410,000 | 426 | |||
| $420,000 - $424,999 | 1 | $424,000 | $424,000 | $424,000 | 99 | |||
| $425,000 - $429,999 | 1 | $425,000 | $425,000 | $425,000 | 79 | |||
| $445,000 - $449,999 | 2 | $895,250 | $447,625 | $447,625 | 209 | |||
| $450,000 - $454,999 | 1 | $450,000 | $450,000 | $450,000 | 174 | |||
| $470,000 - $474,999 | 1 | $470,000 | $470,000 | $470,000 | 125 | |||
| $475,000 - $479,999 | 2 | $950,000 | $475,000 | $475,000 | 311 | |||
| $480,000 - $484,999 | 1 | $480,000 | $480,000 | $480,000 | 42 | |||
| $485,000 - $489,999 | 1 | $485,000 | $485,000 | $485,000 | 28 | |||
| $490,000 - $494,999 | 1 | $490,000 | $490,000 | $490,000 | 549 | |||
| $515,000 - $519,999 | 1 | $519,900 | $519,900 | $519,900 | 81 | |||
| $535,000 - $539,999 | 1 | $535,000 | $535,000 | $535,000 | 300 | |||
| $555,000 - $559,999 | 1 | $555,000 | $555,000 | $555,000 | 132 | |||
| $570,000 - $574,999 | 1 | $570,000 | $570,000 | $570,000 | 23 | |||
| $575,000 - $579,999 | 1 | $575,000 | $575,000 | $575,000 | 2 | |||
| $725,000 - $729,999 | 2 | $1,450,000 | $725,000 | $725,000 | 646 | |||
| $730,000 - $734,999 | 1 | $730,000 | $730,000 | $730,000 | 939 | |||
| $750,000 - $754,999 | 1 | $750,000 | $750,000 | $750,000 | 43 | |||
| $765,000 - $769,999 | 1 | $767,000 | $767,000 | $767,000 | 443 | |||
| $845,000 - $849,999 | 1 | $849,000 | $849,000 | $849,000 | 123 | |||
| $1,025,000 - $1,029,999 | 1 | $1,025,000 | $1,025,000 | $1,025,000 | 635 | |||
| $1,060,000 - $1,064,999 | 1 | $1,060,000 | $1,060,000 | $1,060,000 | 957 | |||
| $1,265,000 - $1,269,999 | 1 | $1,265,000 | $1,265,000 | $1,265,000 | 111 | |||
| $1,500,000 - $1,504,999 | 1 | $1,500,000 | $1,500,000 | $1,500,000 | 52 | |||
| $1,525,000 - $1,529,999 | 1 | $1,525,000 | $1,525,000 | $1,525,000 | 724 | |||
| $1,700,000 - $1,704,999 | 1 | $1,700,000 | $1,700,000 | $1,700,000 | 656 | |||
| $1,750,000 - $1,754,999 | 1 | $1,750,000 | $1,750,000 | $1,750,000 | 337 | |||
| $2,550,000 - $2,554,999 | 1 | $2,550,000 | $2,550,000 | $2,550,000 | 299 | |||
| $5,750,000 - $5,754,999 | 1 | $5,750,000 | $5,750,000 | $5,750,000 | 998 | |||
| $5,900,000 - $5,904,999 | 1 | $5,900,000 | $5,900,000 | $5,900,000 | 497 | |||
| Sub Total | 58 | $43,419,450 | $748,611 | $447,625 | 262 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $215,000 - $219,999 | 1 | $219,900 | $219,900 | $219,900 | 37 | |||
| $345,000 - $349,999 | 1 | $349,000 | $349,000 | $349,000 | 62 | |||
| $525,000 - $529,999 | 1 | $529,900 | $529,900 | $529,900 | 35 | |||
| Sub Total | 3 | $1,098,800 | $366,267 | $349,000 | 45 | |||
| Grand Totals | 293 | $473,739,275 | $1,616,858 | $625,000 | 253 | |||
Lake Tahoe Weekly Real Estate Market Statistics For East Shore Nevada
June 18, 2010
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. I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports. The reason that I use this segment of the market is that it has the most influence on the general value trends.
It must be a tax credit slow down! The Buyer activity has cooled off since the tax credit deadline. To measure the most current Buyer acivity on the market, I use the Market Activity Ratio which is the relationship between the Active listings and Pending sales. The Market Activity Ratio did decrease from 12.2% to 10.8% this past week. This is the result of the Active listings increasing by 13 as the Pending sales decrease by 2. The number of short sales decreased by 1 and the distress sales now represent 44% of the Pending sales.
There was 1 new sale this past week for a YTD of 53. The sale was a lake view home in Zephyr Heights and sold for $750,000 in cash. This did increase the 6 month average sales price by 3.6% to $696,123. The average days on market for these sales is 248 days.
| Status | Class | Type | Area | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| Active Listings | 230 | $430,296,025 | $1,870,852 | $686,500 | 259 | |||
| Listings Under Contract | 3 | $1,098,800 | $366,267 | $349,000 | 38 | |||
| Listings Sold 2010 | 54 | $37,942,450 | $702,638 | $435,625 | 253 | |||
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 35 | $10,237,150 | $292,490 | $259,500 | 318 | |||
| Upper Kingsbury | 7 | $5,319,000 | $759,857 | $419,000 | 291 | |||
| Mid Kingsbury | 14 | $11,703,000 | $835,929 | $562,500 | 277 | |||
| Lower Kingsbury | 7 | $7,036,000 | $1,005,143 | $959,000 | 140 | |||
| Lincoln Park | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 595 | |||
| Kahle Park | 1 | $370,000 | $370,000 | $370,000 | 43 | |||
| Lake Village | 11 | $5,112,400 | $464,764 | $415,000 | 149 | |||
| Round Hill | 14 | $11,766,999 | $840,500 | $699,000 | 250 | |||
| Elk Point | 2 | $3,460,000 | $1,730,000 | $1,730,000 | 283 | |||
| Pinewild/Marla | 11 | $10,355,777 | $941,434 | $678,000 | 205 | |||
| Zephyr Heights/Knolls | 13 | $11,849,000 | $911,462 | $845,000 | 148 | |||
| Zephyr Cove | 1 | $510,000 | $510,000 | $510,000 | 58 | |||
| Skyland/Tall Pn/Snug Harbor | 9 | $7,642,000 | $849,111 | $669,000 | 201 | |||
| Hidden Woods | 3 | $6,470,000 | $2,156,667 | $2,595,000 | 318 | |||
| Upper & Lower Lakeridge - LT | 2 | $2,094,999 | $1,047,500 | $1,047,500 | 689 | |||
| Cave Rock | 7 | $13,957,000 | $1,993,857 | $2,500,000 | 187 | |||
| Logan/Cedarbrok | 2 | $5,645,000 | $2,822,500 | $2,822,500 | 535 | |||
| Glenbrk/Uppaway | 21 | $61,851,500 | $2,945,310 | $2,295,000 | 308 | |||
| Lakefront Propt | 23 | $220,823,000 | $9,601,000 | $4,950,000 | 408 | |||
| Sub Total | 184 | $397,897,825 | $2,162,488 | $759,500 | 277 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Upper Kingsbury | 1 | $634,500 | $634,500 | $634,500 | 4 | |||
| Mid Kingsbury | 2 | $1,128,500 | $564,250 | $564,250 | 5 | |||
| Round Hill | 2 | $1,349,000 | $674,500 | $674,500 | 4 | |||
| Pinewild/Marla | 1 | $475,000 | $475,000 | $475,000 | 3 | |||
| Zephyr Heights/Knolls | 1 | $795,000 | $795,000 | $795,000 | 1 | |||
| Cave Rock | 3 | $3,059,000 | $1,019,667 | $365,000 | 2 | |||
| Sub Total | 10 | $7,441,000 | $744,100 | $566,750 | 3 | |||
| Extended | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $270,000 | $270,000 | $270,000 | 187 | |||
| Upper Kingsbury | 1 | $2,100,000 | $2,100,000 | $2,100,000 | 370 | |||
| Lake Village | 1 | $327,500 | $327,500 | $327,500 | 79 | |||
| Sub Total | 3 | $2,697,500 | $899,167 | $327,500 | 212 | |||
| Price Raised | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Glenbrk/Uppaway | 1 | $750,000 | $750,000 | $750,000 | 13 | |||
| Sub Total | 1 | $750,000 | $750,000 | $750,000 | 13 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 4 | $1,369,200 | $342,300 | $249,700 | 82 | |||
| Upper Kingsbury | 2 | $1,329,900 | $664,950 | $664,950 | 31 | |||
| Kahle Park | 1 | $255,000 | $255,000 | $255,000 | 475 | |||
| Round Hill | 1 | $649,000 | $649,000 | $649,000 | 92 | |||
| Cave Rock | 1 | $695,000 | $695,000 | $695,000 | 336 | |||
| Sub Total | 9 | $4,298,100 | $477,567 | $299,900 | 143 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 3 | $1,291,900 | $430,633 | $595,000 | 119 | |||
| Mid Kingsbury | 1 | $499,000 | $499,000 | $499,000 | 62 | |||
| Lower Kingsbury | 2 | $528,000 | $264,000 | $264,000 | 151 | |||
| Zephyr Heights/Knolls | 1 | $695,000 | $695,000 | $695,000 | 25 | |||
| Skyland/Tall Pn/Snug Harbor | 1 | $774,900 | $774,900 | $774,900 | 129 | |||
| Glenbrk/Uppaway | 1 | $2,850,000 | $2,850,000 | $2,850,000 | 296 | |||
| Sub Total | 9 | $6,638,800 | $737,644 | $595,000 | 130 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Upper & Lower Lakeridge - LT | 2 | $2,144,000 | $1,072,000 | $1,072,000 | 289 | |||
| Sub Total | 2 | $2,144,000 | $1,072,000 | $1,072,000 | 289 | |||
| Active/Pending-House | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Hidden Woods | 1 | $1,000,000 | $1,000,000 | $1,000,000 | 76 | |||
| Sub Total | 1 | $1,000,000 | $1,000,000 | $1,000,000 | 76 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $202,400 | $101,200 | $101,200 | 165 | |||
| Lake Village | 2 | $599,400 | $299,700 | $299,700 | 683 | |||
| Round Hill | 2 | $674,000 | $337,000 | $337,000 | 143 | |||
| Zephyr Heights/Knolls | 3 | $3,088,000 | $1,029,333 | $979,000 | 414 | |||
| Cave Rock | 2 | $2,865,000 | $1,432,500 | $1,432,500 | 786 | |||
| Sub Total | 11 | $7,428,800 | $675,345 | $419,000 | 436 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 11 | $2,413,300 | $219,391 | $190,000 | 216 | |||
| Upper Kingsbury | 8 | $3,155,800 | $394,475 | $397,500 | 144 | |||
| Mid Kingsbury | 5 | $2,033,000 | $406,600 | $410,000 | 206 | |||
| Lower Kingsbury | 1 | $470,000 | $470,000 | $470,000 | 125 | |||
| Lincoln Park | 1 | $450,000 | $450,000 | $450,000 | 174 | |||
| Lake Village | 7 | $1,823,400 | $260,486 | $265,000 | 105 | |||
| Round Hill | 7 | $6,225,250 | $889,321 | $449,000 | 242 | |||
| Pinewild/Marla | 1 | $475,000 | $475,000 | $475,000 | 401 | |||
| Zephyr Heights/Knolls | 5 | $3,234,000 | $646,800 | $725,000 | 340 | |||
| Zephyr Cove | 1 | $730,000 | $730,000 | $730,000 | 939 | |||
| Skyland/Tall Pn/Snug Harbor | 3 | $1,430,000 | $476,667 | $555,000 | 45 | |||
| Upper & Lower Lakeridge - LT | 2 | $1,324,000 | $662,000 | $662,000 | 172 | |||
| Cave Rock | 1 | $372,500 | $372,500 | $372,500 | 59 | |||
| Logan/Cedarbrok | 1 | $1,060,000 | $1,060,000 | $1,060,000 | 957 | |||
| Glenbrk/Uppaway | 3 | $8,425,000 | $2,808,333 | $1,500,000 | 395 | |||
| Lakefront Propt | 2 | $7,450,000 | $3,725,000 | $3,725,000 | 827 | |||
| Sub Total | 59 | $41,071,250 | $696,123 | $425,000 | 248 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Upper Kingsbury | 1 | $219,900 | $219,900 | $219,900 | 30 | |||
| Lake Village | 1 | $349,000 | $349,000 | $349,000 | 55 | |||
| Round Hill | 1 | $529,900 | $529,900 | $529,900 | 28 | |||
| Sub Total | 3 | $1,098,800 | $366,267 | $349,000 | 38 | |||
Lake Tahoe Weekly Real Estate Market Statistics For Nevada East Shore
June 11, 2010
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. I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports. The reason that I use this segment of the market is that it has the most influence on the general value trends.
The Buyer Activity is being outpaced by rising inventory! To track the most current buyer activity, I use the Market Activity Ratio which is the relationship between Active listings and Pending Sales. This past week we saw the Market Activity Ratio decrease from 14.3% to 12.2%. This is the result of the Active Listings increasing by 12 as the Pending Sales decreased by 3. The number of pending short sales did decrease by 1 for a total of 12 which now represents 44.4% of the Pending Sales.
This past week there were 2 new sales for a YTD of 53 sales. There was one in the Cave Rock area which sold at $372,500 and one in the Zephyr Heights area that sold for $725,000. This did slightly decrease the 6 month average sales price by .9% to $672,059. The Average Days on Market for these sales is 261 days.
| Status | Class | Type | Area | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| Active Listings | 219 | $418,493,025 | $1,910,927 | $695,000 | 266 | |||
| Listings Under Contract | 2 | $878,900 | $439,450 | $439,450 | 35 | |||
| Listings Sold 2010 | 53 | $37,192,450 | $701,744 | $425,000 | 257 | |||
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 33 | $9,454,550 | $286,502 | $259,500 | 329 | |||
| Upper Kingsbury | 10 | $6,978,800 | $697,880 | $415,500 | 206 | |||
| Mid Kingsbury | 14 | $11,703,000 | $835,929 | $562,500 | 270 | |||
| Lower Kingsbury | 6 | $6,697,000 | $1,116,167 | $1,007,000 | 155 | |||
| Lincoln Park | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 588 | |||
| Kahle Park | 2 | $639,000 | $319,500 | $319,500 | 252 | |||
| Lake Village | 12 | $5,439,900 | $453,325 | $412,500 | 136 | |||
| Round Hill | 13 | $11,082,999 | $852,538 | $699,000 | 251 | |||
| Elk Point | 2 | $3,460,000 | $1,730,000 | $1,730,000 | 276 | |||
| Pinewild/Marla | 10 | $8,960,777 | $896,078 | $661,500 | 217 | |||
| Zephyr Heights/Knolls | 11 | $10,160,000 | $923,636 | $845,000 | 160 | |||
| Zephyr Cove | 1 | $510,000 | $510,000 | $510,000 | 51 | |||
| Skyland/Tall Pn/Snug Harbor | 7 | $5,976,000 | $853,714 | $669,000 | 162 | |||
| Hidden Woods | 3 | $6,470,000 | $2,156,667 | $2,595,000 | 311 | |||
| Upper & Lower Lakeridge - LT | 1 | $1,095,000 | $1,095,000 | $1,095,000 | 997 | |||
| Cave Rock | 7 | $12,201,000 | $1,743,000 | $1,040,000 | 226 | |||
| Logan/Cedarbrok | 2 | $5,645,000 | $2,822,500 | $2,822,500 | 528 | |||
| Glenbrk/Uppaway | 21 | $58,751,500 | $2,797,690 | $1,995,000 | 294 | |||
| Lakefront Propt | 21 | $213,628,000 | $10,172,762 | $4,950,000 | 439 | |||
| Sub Total | 177 | $380,547,526 | $2,149,986 | $699,000 | 278 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $520,000 | $260,000 | $260,000 | 4 | |||
| Lower Kingsbury | 1 | $339,000 | $339,000 | $339,000 | 4 | |||
| Round Hill | 1 | $960,000 | $960,000 | $960,000 | 2 | |||
| Pinewild/Marla | 1 | $1,395,000 | $1,395,000 | $1,395,000 | 4 | |||
| Skyland/Tall Pn/Snug Harbor | 1 | $635,000 | $635,000 | $635,000 | 7 | |||
| Cave Rock | 1 | $2,500,000 | $2,500,000 | $2,500,000 | 4 | |||
| Lakefront Propt | 1 | $3,495,000 | $3,495,000 | $3,495,000 | 1 | |||
| Sub Total | 8 | $9,844,000 | $1,230,500 | $797,500 | 4 | |||
| Back On Market | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $899,900 | $899,900 | $899,900 | 5 | |||
| Round Hill | 1 | $399,000 | $399,000 | $399,000 | 224 | |||
| Skyland/Tall Pn/Snug Harbor | 1 | $995,000 | $995,000 | $995,000 | 698 | |||
| Sub Total | 3 | $2,293,900 | $764,633 | $899,900 | 309 | |||
| Extended | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Upper & Lower Lakeridge - LT | 1 | $999,999 | $999,999 | $999,999 | 366 | |||
| Sub Total | 1 | $999,999 | $999,999 | $999,999 | 366 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $197,000 | $197,000 | $197,000 | 122 | |||
| Lower Kingsbury | 1 | $199,000 | $199,000 | $199,000 | 259 | |||
| Zephyr Heights/Knolls | 1 | $539,000 | $539,000 | $539,000 | 72 | |||
| Skyland/Tall Pn/Snug Harbor | 1 | $575,000 | $575,000 | $575,000 | 291 | |||
| Glenbrk/Uppaway | 1 | $3,350,000 | $3,350,000 | $3,350,000 | 171 | |||
| Sub Total | 5 | $4,860,000 | $972,000 | $539,000 | 183 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 4 | $1,376,900 | $344,225 | $348,450 | 136 | |||
| Mid Kingsbury | 1 | $499,000 | $499,000 | $499,000 | 55 | |||
| Lower Kingsbury | 1 | $329,000 | $329,000 | $329,000 | 28 | |||
| Zephyr Heights/Knolls | 2 | $1,445,000 | $722,500 | $722,500 | 28 | |||
| Skyland/Tall Pn/Snug Harbor | 1 | $774,900 | $774,900 | $774,900 | 122 | |||
| Glenbrk/Uppaway | 1 | $2,850,000 | $2,850,000 | $2,850,000 | 289 | |||
| Sub Total | 10 | $7,274,800 | $727,480 | $595,000 | 109 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Upper & Lower Lakeridge - LT | 2 | $2,144,000 | $1,072,000 | $1,072,000 | 282 | |||
| Sub Total | 2 | $2,144,000 | $1,072,000 | $1,072,000 | 282 | |||
| Active/Pending-House | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Hidden Woods | 1 | $1,000,000 | $1,000,000 | $1,000,000 | 69 | |||
| Sub Total | 1 | $1,000,000 | $1,000,000 | $1,000,000 | 69 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $202,400 | $101,200 | $101,200 | 158 | |||
| Upper Kingsbury | 1 | $2,100,000 | $2,100,000 | $2,100,000 | 364 | |||
| Lake Village | 2 | $599,400 | $299,700 | $299,700 | 676 | |||
| Round Hill | 2 | $674,000 | $337,000 | $337,000 | 136 | |||
| Zephyr Heights/Knolls | 3 | $3,088,000 | $1,029,333 | $979,000 | 407 | |||
| Cave Rock | 2 | $2,865,000 | $1,432,500 | $1,432,500 | 779 | |||
| Sub Total | 12 | $9,528,800 | $794,067 | $422,000 | 423 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 14 | $2,975,700 | $212,550 | $194,000 | 202 | |||
| Upper Kingsbury | 8 | $3,155,800 | $394,475 | $397,500 | 144 | |||
| Mid Kingsbury | 6 | $2,817,000 | $469,500 | $417,000 | 181 | |||
| Lower Kingsbury | 1 | $470,000 | $470,000 | $470,000 | 125 | |||
| Lincoln Park | 1 | $450,000 | $450,000 | $450,000 | 174 | |||
| Lake Village | 7 | $1,823,400 | $260,486 | $265,000 | 105 | |||
| Round Hill | 7 | $6,225,250 | $889,321 | $449,000 | 242 | |||
| Pinewild/Marla | 1 | $475,000 | $475,000 | $475,000 | 401 | |||
| Zephyr Heights/Knolls | 4 | $2,484,000 | $621,000 | $630,000 | 414 | |||
| Zephyr Cove | 1 | $730,000 | $730,000 | $730,000 | 939 | |||
| Skyland/Tall Pn/Snug Harbor | 3 | $1,430,000 | $476,667 | $555,000 | 45 | |||
| Upper & Lower Lakeridge - LT | 2 | $1,324,000 | $662,000 | $662,000 | 172 | |||
| Cave Rock | 1 | $372,500 | $372,500 | $372,500 | 59 | |||
| Logan/Cedarbrok | 1 | $1,060,000 | $1,060,000 | $1,060,000 | 957 | |||
| Glenbrk/Uppaway | 3 | $8,425,000 | $2,808,333 | $1,500,000 | 395 | |||
| Lakefront Propt | 2 | $7,450,000 | $3,725,000 | $3,725,000 | 827 | |||
| Sub Total | 62 | $41,667,650 | $672,059 | $417,000 | 244 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Lake Village | 1 | $349,000 | $349,000 | $349,000 | 48 | |||
| Round Hill | 1 | $529,900 | $529,900 | $529,900 | 21 | |||
| Sub Total | 2 | $878,900 | $439,450 | $439,450 | 35 | |||
Lake Tahoe Weekly Real Estate Market Statistics For Nevada East Shore
June 4, 2010
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. I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports. The reason that I use this segment of the market is that it has the most influence on the general value trends.
Buyer Activity remains consistent! To track the most current Buyer acitivity, I like to use the Market Activity Ratio which is the relationship between Active listings and Pending sales. This past week the Market Activity Ratio had changed slightly from 14.8% to 14.3%. This is the result of the Active Listings increasing by 9 as the Pending sales remained the same. The Short Sales increase by 1 which now represents 43% of the Pending sales.
This past week there were 4 new sales for a YTD of 51 sales. There were 2 new condo sales on the top of Kingsbury at $190,000 and $202,500. There other two sales were homes on top of Kingsbury Grade for $380,000 and $519,900. This decreased the 6 month average sales price by 2.7% to $678,367.
| Status | Class | Type | Area | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| Active Listings | 209 | $411,968,125 | $1,971,139 | $699,000 | 275 | |||
| Listings Under Contract | 2 | $739,000 | $369,500 | $369,500 | 49 | |||
| Listings Sold 2010 | 51 | $36,094,950 | $707,744 | $425,000 | 259 | |||
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 25 | $7,476,750 | $299,070 | $259,900 | 364 | |||
| Upper Kingsbury | 9 | $6,559,800 | $728,867 | $412,000 | 221 | |||
| Mid Kingsbury | 12 | $9,213,000 | $767,750 | $552,500 | 246 | |||
| Lower Kingsbury | 7 | $8,076,000 | $1,153,714 | $959,000 | 176 | |||
| Lincoln Park | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 581 | |||
| Kahle Park | 1 | $370,000 | $370,000 | $370,000 | 29 | |||
| Lake Village | 11 | $5,112,000 | $464,727 | $415,000 | 140 | |||
| Round Hill | 12 | $10,383,999 | $865,333 | $687,000 | 264 | |||
| Elk Point | 2 | $3,460,000 | $1,730,000 | $1,730,000 | 269 | |||
| Pinewild/Marla | 9 | $8,450,777 | $938,975 | $678,000 | 192 | |||
| Zephyr Heights/Knolls | 12 | $10,829,000 | $902,417 | $807,000 | 146 | |||
| Zephyr Cove | 1 | $510,000 | $510,000 | $510,000 | 44 | |||
| Skyland/Tall Pn/Snug Harbor | 7 | $6,062,000 | $866,000 | $669,000 | 141 | |||
| Hidden Woods | 3 | $6,470,000 | $2,156,667 | $2,595,000 | 304 | |||
| Upper & Lower Lakeridge - LT | 2 | $2,094,999 | $1,047,500 | $1,047,500 | 675 | |||
| Cave Rock | 5 | $8,456,000 | $1,691,200 | $1,040,000 | 224 | |||
| Logan/Cedarbrok | 2 | $5,645,000 | $2,822,500 | $2,822,500 | 521 | |||
| Glenbrk/Uppaway | 20 | $61,126,500 | $3,056,325 | $2,297,500 | 271 | |||
| Lakefront Propt | 19 | $202,155,000 | $10,639,737 | $4,950,000 | 458 | |||
| Sub Total | 160 | $364,145,825 | $2,275,911 | $759,000 | 276 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Mid Kingsbury | 1 | $1,195,000 | $1,195,000 | $1,195,000 | 1 | |||
| Lake Village | 1 | $327,900 | $327,900 | $327,900 | 2 | |||
| Round Hill | 1 | $699,000 | $699,000 | $699,000 | 367 | |||
| Lakefront Propt | 1 | $4,499,000 | $4,499,000 | $4,499,000 | 3 | |||
| Sub Total | 4 | $6,720,900 | $1,680,225 | $947,000 | 93 | |||
| Extended | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 3 | $938,500 | $312,833 | $325,000 | 420 | |||
| Skyland/Tall Pn/Snug Harbor | 1 | $539,000 | $539,000 | $539,000 | 376 | |||
| Sub Total | 4 | $1,477,500 | $369,375 | $352,000 | 409 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 5 | $1,188,400 | $237,680 | $240,000 | 59 | |||
| Mid Kingsbury | 1 | $1,295,000 | $1,295,000 | $1,295,000 | 734 | |||
| Lower Kingsbury | 1 | $1,750,000 | $1,750,000 | $1,750,000 | 309 | |||
| Round Hill | 1 | $529,900 | $529,900 | $529,900 | 14 | |||
| Pinewild/Marla | 1 | $510,000 | $510,000 | $510,000 | 368 | |||
| Cave Rock | 2 | $3,745,000 | $1,872,500 | $1,872,500 | 208 | |||
| Glenbrk/Uppaway | 1 | $1,625,000 | $1,625,000 | $1,625,000 | 773 | |||
| Lakefront Propt | 1 | $6,974,000 | $6,974,000 | $6,974,000 | 365 | |||
| Sub Total | 13 | $17,617,300 | $1,355,177 | $529,900 | 252 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 4 | $1,376,900 | $344,225 | $348,450 | 129 | |||
| Mid Kingsbury | 1 | $499,000 | $499,000 | $499,000 | 48 | |||
| Lower Kingsbury | 1 | $329,000 | $329,000 | $329,000 | 21 | |||
| Zephyr Heights/Knolls | 2 | $1,445,000 | $722,500 | $722,500 | 21 | |||
| Skyland/Tall Pn/Snug Harbor | 2 | $1,669,900 | $834,950 | $834,950 | 265 | |||
| Glenbrk/Uppaway | 1 | $2,850,000 | $2,850,000 | $2,850,000 | 282 | |||
| Sub Total | 11 | $8,169,800 | $742,709 | $595,000 | 131 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Zephyr Heights/Knolls | 1 | $745,000 | $745,000 | $745,000 | 381 | |||
| Upper & Lower Lakeridge - LT | 2 | $2,144,000 | $1,072,000 | $1,072,000 | 275 | |||
| Sub Total | 3 | $2,889,000 | $963,000 | $849,000 | 310 | |||
| Active/Pending-House | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Hidden Woods | 1 | $1,000,000 | $1,000,000 | $1,000,000 | 62 | |||
| Sub Total | 1 | $1,000,000 | $1,000,000 | $1,000,000 | 62 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $202,400 | $101,200 | $101,200 | 151 | |||
| Upper Kingsbury | 1 | $2,100,000 | $2,100,000 | $2,100,000 | 357 | |||
| Kahle Park | 1 | $269,000 | $269,000 | $269,000 | 461 | |||
| Lake Village | 2 | $599,400 | $299,700 | $299,700 | 669 | |||
| Round Hill | 2 | $824,000 | $412,000 | $412,000 | 238 | |||
| Zephyr Heights/Knolls | 3 | $3,088,000 | $1,029,333 | $979,000 | 400 | |||
| Cave Rock | 2 | $2,865,000 | $1,432,500 | $1,432,500 | 772 | |||
| Sub Total | 13 | $9,947,800 | $765,215 | $419,000 | 437 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 14 | $2,975,700 | $212,550 | $194,000 | 202 | |||
| Upper Kingsbury | 9 | $3,468,800 | $385,422 | $395,000 | 136 | |||
| Mid Kingsbury | 7 | $3,371,000 | $481,571 | $424,000 | 259 | |||
| Lower Kingsbury | 1 | $470,000 | $470,000 | $470,000 | 125 | |||
| Lincoln Park | 1 | $450,000 | $450,000 | $450,000 | 174 | |||
| Lake Village | 7 | $1,823,400 | $260,486 | $265,000 | 105 | |||
| Round Hill | 7 | $6,225,250 | $889,321 | $449,000 | 242 | |||
| Pinewild/Marla | 1 | $475,000 | $475,000 | $475,000 | 401 | |||
| Zephyr Heights/Knolls | 3 | $1,759,000 | $586,333 | $535,000 | 425 | |||
| Zephyr Cove | 1 | $730,000 | $730,000 | $730,000 | 939 | |||
| Skyland/Tall Pn/Snug Harbor | 3 | $1,430,000 | $476,667 | $555,000 | 45 | |||
| Upper & Lower Lakeridge - LT | 2 | $1,324,000 | $662,000 | $662,000 | 172 | |||
| Cave Rock | 1 | $1,300,000 | $1,300,000 | $1,300,000 | 985 | |||
| Logan/Cedarbrok | 1 | $1,060,000 | $1,060,000 | $1,060,000 | 957 | |||
| Glenbrk/Uppaway | 3 | $8,425,000 | $2,808,333 | $1,500,000 | 395 | |||
| Lakefront Propt | 2 | $7,450,000 | $3,725,000 | $3,725,000 | 827 | |||
| Sub Total | 63 | $42,737,150 | $678,367 | $424,000 | 261 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Lake Village | 1 | $349,000 | $349,000 | $349,000 | 41 | |||
| Cave Rock | 1 | $390,000 | $390,000 | $390,000 | 56 | |||
| Sub Total | 2 | $739,000 | $369,500 | $369,500 | 49 | |||
Lake Tahoe Weekly Real Estate Market Statistics For Nevada East Shore
May 28, 2010
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. I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports. The reason that I use this segment of the market is that it has the most influence on the general value trends.
Buyer Activity has slightly cooled with the snowy weather this past week. To measure the Buyer Activity trend, I like to use the Market Activity Ratio which is the relationship between Active Listings and Pending Sales. This past week the Buyer Activity Ratio slightly cooled from 14.8% to 13.6%. This is the result of the Active Listings increasing by 11 as the Pending Sales decreased by 1. It’s interesting to note that the number of Pending Short Sales decreased by 1 which now represents about 38% of the Pending Sales. This may be the beginning of inventories building up which is typical as we approach the summer season.
This past week there were 2 new sales for a YTD of 49 sales. One was a lake view condo on top of Kingsbury Grade and sold for $202,500 and a home on top of Kingsbury Grade area sold for $519,900. This decreased the 6 month Average Sales price by 1.6% to $686.293. The average days on market for these sales is 261 days.
| Status | Class | Type | Area | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| Active Listings | 210 | $415,299,425 | $1,977,616 | $712,000 | 279 | |||
| Listings Under Contract | 3 | $1,138,900 | $379,633 | $390,000 | 69 | |||
| Listings Sold 2010 | 49 | $35,524,950 | $724,999 | $446,250 | 250 | |||
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 33 | $10,400,000 | $315,152 | $265,500 | 317 | |||
| Upper Kingsbury | 8 | $6,147,800 | $768,475 | $529,500 | 236 | |||
| Mid Kingsbury | 12 | $10,229,000 | $852,417 | $552,500 | 299 | |||
| Lower Kingsbury | 7 | $9,697,000 | $1,385,286 | $1,055,000 | 177 | |||
| Lincoln Park | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 574 | |||
| Kahle Park | 2 | $639,000 | $319,500 | $319,500 | 238 | |||
| Lake Village | 10 | $4,462,950 | $446,295 | $387,475 | 166 | |||
| Round Hill | 13 | $11,654,899 | $896,531 | $699,000 | 305 | |||
| Elk Point | 2 | $3,460,000 | $1,730,000 | $1,730,000 | 262 | |||
| Pinewild/Marla | 10 | $8,985,777 | $898,578 | $661,500 | 203 | |||
| Zephyr Heights/Knolls | 12 | $10,969,000 | $914,083 | $847,000 | 182 | |||
| Zephyr Cove | 1 | $510,000 | $510,000 | $510,000 | 37 | |||
| Skyland/Tall Pn/Snug Harbor | 6 | $4,007,000 | $667,833 | $612,000 | 174 | |||
| Hidden Woods | 3 | $6,470,000 | $2,156,667 | $2,595,000 | 297 | |||
| Upper & Lower Lakeridge - LT | 2 | $2,094,999 | $1,047,500 | $1,047,500 | 668 | |||
| Cave Rock | 6 | $10,001,000 | $1,666,833 | $917,500 | 187 | |||
| Logan/Cedarbrok | 2 | $5,645,000 | $2,822,500 | $2,822,500 | 514 | |||
| Glenbrk/Uppaway | 21 | $66,616,500 | $3,172,214 | $2,295,000 | 306 | |||
| Lakefront Propt | 17 | $196,490,000 | $11,558,235 | $4,995,000 | 462 | |||
| Sub Total | 168 | $370,174,925 | $2,203,422 | $734,500 | 288 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $444,900 | $222,450 | $222,450 | 2 | |||
| Mid Kingsbury | 1 | $659,000 | $659,000 | $659,000 | 0 | |||
| Lake Village | 2 | $848,900 | $424,450 | $424,450 | 3 | |||
| Zephyr Heights/Knolls | 1 | $845,000 | $845,000 | $845,000 | 4 | |||
| Sub Total | 6 | $2,797,800 | $466,300 | $454,450 | 2 | |||
| Extended | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Round Hill | 1 | $479,000 | $479,000 | $479,000 | 156 | |||
| Skyland/Tall Pn/Snug Harbor | 1 | $5,495,000 | $5,495,000 | $5,495,000 | 9 | |||
| Cave Rock | 1 | $2,550,000 | $2,550,000 | $2,550,000 | 366 | |||
| Glenbrk/Uppaway | 1 | $2,300,000 | $2,300,000 | $2,300,000 | 368 | |||
| Lakefront Propt | 2 | $7,600,000 | $3,800,000 | $3,800,000 | 532 | |||
| Sub Total | 6 | $18,424,000 | $3,070,667 | $2,825,000 | 327 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Upper Kingsbury | 1 | $412,000 | $412,000 | $412,000 | 44 | |||
| Lower Kingsbury | 1 | $229,000 | $229,000 | $229,000 | 245 | |||
| Skyland/Tall Pn/Snug Harbor | 2 | $2,594,000 | $1,297,000 | $1,297,000 | 133 | |||
| Sub Total | 4 | $3,235,000 | $808,750 | $703,500 | 139 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 4 | $1,376,900 | $344,225 | $348,450 | 122 | |||
| Mid Kingsbury | 1 | $499,000 | $499,000 | $499,000 | 41 | |||
| Lower Kingsbury | 1 | $329,000 | $329,000 | $329,000 | 14 | |||
| Zephyr Heights/Knolls | 2 | $1,445,000 | $722,500 | $722,500 | 14 | |||
| Skyland/Tall Pn/Snug Harbor | 2 | $1,669,900 | $834,950 | $834,950 | 258 | |||
| Glenbrk/Uppaway | 1 | $2,850,000 | $2,850,000 | $2,850,000 | 275 | |||
| Sub Total | 11 | $8,169,800 | $742,709 | $595,000 | 124 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Zephyr Heights/Knolls | 1 | $745,000 | $745,000 | $745,000 | 374 | |||
| Upper & Lower Lakeridge - LT | 2 | $2,144,000 | $1,072,000 | $1,072,000 | 268 | |||
| Sub Total | 3 | $2,889,000 | $963,000 | $849,000 | 303 | |||
| Active/Pending-House | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Hidden Woods | 1 | $1,000,000 | $1,000,000 | $1,000,000 | 55 | |||
| Sub Total | 1 | $1,000,000 | $1,000,000 | $1,000,000 | 55 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 3 | $401,400 | $133,800 | $122,500 | 373 | |||
| Upper Kingsbury | 1 | $2,100,000 | $2,100,000 | $2,100,000 | 350 | |||
| Lake Village | 1 | $349,500 | $349,500 | $349,500 | 1322 | |||
| Round Hill | 2 | $784,000 | $392,000 | $392,000 | 231 | |||
| Zephyr Heights/Knolls | 2 | $2,109,000 | $1,054,500 | $1,054,500 | 327 | |||
| Cave Rock | 2 | $2,865,000 | $1,432,500 | $1,432,500 | 765 | |||
| Sub Total | 11 | $8,608,900 | $782,627 | $419,000 | 494 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 13 | $2,785,700 | $214,285 | $198,000 | 153 | |||
| Upper Kingsbury | 8 | $3,088,800 | $386,100 | $397,500 | 137 | |||
| Mid Kingsbury | 7 | $3,371,000 | $481,571 | $424,000 | 259 | |||
| Lower Kingsbury | 1 | $470,000 | $470,000 | $470,000 | 125 | |||
| Lincoln Park | 1 | $450,000 | $450,000 | $450,000 | 174 | |||
| Lake Village | 8 | $2,206,400 | $275,800 | $266,250 | 96 | |||
| Round Hill | 7 | $6,225,250 | $889,321 | $449,000 | 242 | |||
| Pinewild/Marla | 1 | $475,000 | $475,000 | $475,000 | 401 | |||
| Zephyr Heights/Knolls | 3 | $1,759,000 | $586,333 | $535,000 | 425 | |||
| Zephyr Cove | 1 | $730,000 | $730,000 | $730,000 | 939 | |||
| Skyland/Tall Pn/Snug Harbor | 3 | $1,430,000 | $476,667 | $555,000 | 45 | |||
| Upper & Lower Lakeridge - LT | 2 | $1,324,000 | $662,000 | $662,000 | 172 | |||
| Cave Rock | 1 | $1,300,000 | $1,300,000 | $1,300,000 | 985 | |||
| Logan/Cedarbrok | 1 | $1,060,000 | $1,060,000 | $1,060,000 | 957 | |||
| Glenbrk/Uppaway | 3 | $8,425,000 | $2,808,333 | $1,500,000 | 395 | |||
| Lakefront Propt | 2 | $7,450,000 | $3,725,000 | $3,725,000 | 827 | |||
| Sub Total | 62 | $42,550,150 | $686,293 | $424,500 | 251 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Upper Kingsbury | 1 | $399,900 | $399,900 | $399,900 | 125 | |||
| Lake Village | 1 | $349,000 | $349,000 | $349,000 | 34 | |||
| Cave Rock | 1 | $390,000 | $390,000 | $390,000 | 49 | |||
| Sub Total | 3 | $1,138,900 | $379,633 | $390,000 | 69 | |||
