Lake Tahoe Weekly Real Estate Market Statistics For East Shore Nevada

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.

Despite the snowy, spring weather, Nevada is seeing good buyer activity.  To track the most current Buyer activity, I use the Market Activity Ratio which is the relationship between Active Listings and Pending Sales.  The Market Activity Ratio this past week decreased slightly from 16.4% to 14.9% which is the result of the Active LIstings increasing by 8 as the Pending sales decreased by 2.  It’s interesting to note that the number of Pending Short Sales did decrease by 2 for a total of 14.

This past week there were 4 new sales for a YTD total of 46 sales.  The sale prices were $267,500 at Lake Village, $570,000 at Upper Kingsbury, $1,525,00 at Round Hill, and $1,695,000 in Glenbrook.  This increased the 6 month Average Sales Price by 7.5% to $820,479.  The average days on market for the sold properties is 268 days.

Status	Class	Type	Area	No. of Listings	Dollar Volume	Average Price	Median Price	Average DOM
Active Listings				198	$398,723,825	$2,013,757	$734,500	289
Listings Under Contract				3	$1,138,900	$379,633	$390,000	55
Listings Sold 2010				46	$34,403,550	$747,903	$447,625	256
ACTIVE
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	29	$8,737,900	$301,307	$265,500	340
			Upper Kingsbury	6	$4,933,000	$822,167	$547,000	303
			Mid Kingsbury	11	$9,674,000	$879,455	$550,000	311
			Lower Kingsbury	4	$6,348,000	$1,587,000	$1,404,500	260
			Lincoln Park	1	$1,695,000	$1,695,000	$1,695,000	560
			Kahle Park	1	$279,000	$279,000	$279,000	440
			Lake Village	11	$4,817,950	$437,995	$359,950	155
			Round Hill	10	$7,325,999	$732,600	$697,000	377
			Elk Point	2	$3,460,000	$1,730,000	$1,730,000	248
			Pinewild/Marla	10	$9,026,677	$902,668	$661,500	189
			Zephyr Heights/Knolls	10	$9,084,000	$908,400	$732,000	138
			Zephyr Cove	1	$510,000	$510,000	$510,000	23
			Skyland/Tall Pn/Snug Harbor	7	$5,807,000	$829,571	$625,000	159
			Hidden Woods	3	$6,470,000	$2,156,667	$2,595,000	283
			Upper & Lower Lakeridge - LT	2	$2,094,999	$1,047,500	$1,047,500	654
			Cave Rock	7	$12,551,000	$1,793,000	$1,040,000	198
			Logan/Cedarbrok	2	$5,645,000	$2,822,500	$2,822,500	500
			Glenbrk/Uppaway	20	$66,758,500	$3,337,925	$2,567,500	325
			Lakefront Propt	15	$183,390,000	$12,226,000	$4,950,000	515
			Sub Total	152	$348,608,025	$2,293,474	$746,500	304
New
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	2	$534,000	$267,000	$267,000	3
			Mid Kingsbury	1	$555,000	$555,000	$555,000	3
			Kahle Park	1	$370,000	$370,000	$370,000	8
			Round Hill	1	$1,850,000	$1,850,000	$1,850,000	2
			Logan/Cedarbrok	1	$6,500,000	$6,500,000	$6,500,000	1
			Glenbrk/Uppaway	2	$2,444,000	$1,222,000	$1,222,000	4
			Sub Total	8	$12,253,000	$1,531,625	$852,000	4
Back On Market
	RESIDENTIAL
		Residential
			Lower Kingsbury	1	$239,000	$239,000	$239,000	231
			Sub Total	1	$239,000	$239,000	$239,000	231
Extended
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	1	$315,000	$315,000	$315,000	469
			Skyland/Tall Pn/Snug Harbor	1	$1,064,000	$1,064,000	$1,064,000	188
			Hidden Woods	1	$1,000,000	$1,000,000	$1,000,000	41
			Sub Total	3	$2,379,000	$793,000	$1,000,000	233
Price Raised
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	1	$146,000	$146,000	$146,000	314
			Round Hill	1	$588,000	$588,000	$588,000	3
			Sub Total	2	$734,000	$367,000	$367,000	159
Price Reduced
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	1	$189,000	$189,000	$189,000	91
			Lower Kingsbury	1	$1,825,000	$1,825,000	$1,825,000	109
			Round Hill	1	$1,850,000	$1,850,000	$1,850,000	165
			Zephyr Heights/Knolls	1	$925,000	$925,000	$925,000	126
			Lakefront Propt	1	$6,350,000	$6,350,000	$6,350,000	218
			Sub Total	5	$11,139,000	$2,227,800	$1,825,000	142
Active/Pending-Call
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	3	$1,291,900	$430,633	$595,000	84
			Upper Kingsbury	1	$535,000	$535,000	$535,000	70
			Mid Kingsbury	1	$479,000	$479,000	$479,000	27
			Zephyr Heights/Knolls	1	$750,000	$750,000	$750,000	10
			Skyland/Tall Pn/Snug Harbor	1	$895,000	$895,000	$895,000	394
			Glenbrk/Uppaway	1	$2,850,000	$2,850,000	$2,850,000	261
			Sub Total	8	$6,800,900	$850,113	$595,000	127
Active/Pending-Loan
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	1	$219,000	$219,000	$219,000	77
			Zephyr Heights/Knolls	1	$745,000	$745,000	$745,000	360
			Upper & Lower Lakeridge - LT	2	$2,144,000	$1,072,000	$1,072,000	254
			Lakefront Propt	1	$2,995,000	$2,995,000	$2,995,000	716
			Sub Total	5	$6,103,000	$1,220,600	$849,000	332
Active/Pending-Short Sale
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	3	$401,400	$133,800	$122,500	359
			Upper Kingsbury	1	$2,100,000	$2,100,000	$2,100,000	336
			Mid Kingsbury	1	$399,000	$399,000	$399,000	302
			Lake Village	1	$349,500	$349,500	$349,500	1308
			Round Hill	2	$784,000	$392,000	$392,000	217
			Zephyr Heights/Knolls	4	$3,569,000	$892,250	$730,000	328
			Cave Rock	2	$2,865,000	$1,432,500	$1,432,500	751
			Sub Total	14	$10,467,900	$747,707	$422,000	448
SOLD
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	12	$2,583,200	$215,267	$188,500	159
			Upper Kingsbury	7	$2,568,900	$366,986	$395,000	145
			Mid Kingsbury	6	$2,972,000	$495,333	$454,500	252
			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	3	$15,250,000	$5,083,333	$5,750,000	795
			Sub Total	60	$49,228,750	$820,479	$435,625	263
PENDING-No Show
	RESIDENTIAL
		Residential
			Upper Kingsbury	1	$399,900	$399,900	$399,900	111
			Lake Village	1	$349,000	$349,000	$349,000	20
			Cave Rock	1	$390,000	$390,000	$390,000	35
			Sub Total	3	$1,138,900	$379,633	$390,000	55

South Lake Tahoe Weekly Real Estate Market Statistics

As of July 29th, 2009, I began adding Condos to the market statistics.  What you are looking at below are charts and numbers derived from the South Tahoe Association Of Realtors Multiple Listing Service for Single Family Homes and Condos.  The reason that I use this segment of the market is that it has the most influence on the general value trends.

There was an up tick in the market!.  To track the most current Buyer activity, I use the Market Activity Ratio which is the relationship between the Active Listings and the Pending Sales.  This past week we saw the Market Activity Ratio increase from 21.3% to 22.7% which is the result of the Active Listings increasing by 3 as the Pending Sales increased by 8.  It is interesting to note that the pending REO sales increased to 16 and the Short Sales increased to 51 which represents 57.8% of the Pending Sales.

There were 9 new sales this past week for a YTD of 164 Sales.  Most of the sales were below $350,000 and one sale above that which was in the Tahoe Keys for a sales price of $750,000.  This decreased the 6 month Average Sales price by 3.3% to $390,234.

Listings per Status

Listings per Status

Area Market Survey Listings as of 05/07/10 at 8:39am Active Listing Price Range  Quantity      Average DOM   $90,000 thru $99,999 2 141   $120,000 thru $139,999 4 210   $140,000 thru $159,999 7 70   $160,000 thru $179,999 9 82   $180,000 thru $199,999 10 217   $200,000 thru $249,999 22 191   $250,000 thru $299,999 53 177   $300,000 thru $349,999 42 128   $350,000 thru $399,999 38 172   $400,000 thru $449,999 29 111   $450,000 thru $499,999 31 215   $500,000 thru $549,999 21 144   $550,000 thru $599,999 24 179   $600,000 thru $649,999 13 142   $650,000 thru $699,999 10 179   $700,000 thru $749,999 11 203   $750,000 thru $799,999 9 159   $800,000 thru $849,999 3 278   $850,000 thru $899,999 7 136   $900,000 thru $949,999 2 383   $950,000 thru $999,999 7 343   $1,000,000 thru $1,249,999 10 262   $1,250,000 thru $1,499,999 5 93   $1,500,000 thru $1,749,999 6 184   $1,750,000 thru $1,999,999 7 325   $2,000,000 thru $2,249,999 2 57   $2,250,000 thru $2,499,999 4 260   $2,500,000 thru $2,749,999 2 57   $3,750,000 thru $3,999,999 1 10   $4,000,000 thru $4,249,999 2 100   $4,250,000 thru $4,499,999 1 647   $4,750,000 thru $4,999,999 1 1395   $10,000,000 or more 1 141     396 176     Summary Price Information Minimum  $99,000 Maximum  $12,900,000 Average  $630,834 Median  $425,000 Equal Opportunity Housing * All information deemed reliable, but not guaranteed. Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market Copyright ©2010 Rapattoni Corporation. All rights reserved. Area Market Survey Listings as of 05/07/10 at 8:39am Pending Listing Price Range  Quantity      Average DOM   $90,000 thru $99,999 1 77   $140,000 thru $159,999 3 62   $160,000 thru $179,999 4 164   $180,000 thru $199,999 10 116   $200,000 thru $249,999 19 143   $250,000 thru $299,999 19 196   $300,000 thru $349,999 12 136   $350,000 thru $399,999 8 175   $400,000 thru $449,999 3 79   $450,000 thru $499,999 5 195   $500,000 thru $549,999 4 172   $550,000 thru $599,999 5 309   $600,000 thru $649,999 2 298   $650,000 thru $699,999 4 78   $700,000 thru $749,999 5 206   $750,000 thru $799,999 3 421   $850,000 thru $899,999 1 143   $900,000 thru $949,999 1 66   $950,000 thru $999,999 2 414   $1,000,000 thru $1,249,999 3 223   $1,250,000 thru $1,499,999 1 378   $4,250,000 thru $4,499,999 1 238     116 177     Summary Price Information Minimum  $99,000 Maximum  $4,250,000 Average  $446,448 Median  $320,600 Sold Selling Price Range  Quantity      Average DOM   $60,000 thru $69,999 1 77   $70,000 thru $79,999 1 82   $80,000 thru $89,999 2 106   $100,000 thru $119,999 1 38   $120,000 thru $139,999 4 269   $140,000 thru $159,999 12 95   $160,000 thru $179,999 10 102   $180,000 thru $199,999 10 107   $200,000 thru $249,999 40 109   $250,000 thru $299,999 34 124   $300,000 thru $349,999 25 141   $350,000 thru $399,999 26 189   $400,000 thru $449,999 15 251   $450,000 thru $499,999 15 157   $500,000 thru $549,999 7 129   $550,000 thru $599,999 11 184   $600,000 thru $649,999 7 227   $650,000 thru $699,999 9 125   $700,000 thru $749,999 3 67   $750,000 thru $799,999 5 295   $800,000 thru $849,999 1 393   $850,000 thru $899,999 1 439   $900,000 thru $949,999 2 374   $950,000 thru $999,999 1 1   $1,000,000 thru $1,249,999 3 330   $1,250,000 thru $1,499,999 2 295   $1,500,000 thru $1,749,999 1 0   $3,000,000 thru $3,249,999 1 117     250 154     Summary Price Information Minimum  $67,000 Maximum  $3,200,000 Average  $390,234 Median  $317,250 Equal Opportunity Housing * All information deemed reliable, but not guaranteed. Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market Copyright ©2010 Rapattoni Corporation. All rights reserved.

 

Lake Tahoe NV East Shore Weekly Real Estate Market Statistics

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 NV market has also been consistent from the previous week.  To track the most recent Buyer activity, I use the Market Activity Ratio which is the relationship between the Active Listings and Pending Sales.  This past week the Market Activity Ratio decreased slightly from 12.6% to 12.4%.  This is the result of the Active Listings increasing by 3 as the Pending sales remained the same at 24.  It is interesting to note that the number of pending short sales decreased by 2 and it now represents 54% of the total number of escrows.

 

This past week we saw 2 new sales for a YTD of 37 sales.  The sales were a condo on top of Kingsbury for $125,000 and $424,000 in the mid Kingsbury area.  This brought the 6 month Average Sales price down by 6.4% to $787,287 which wiped out the previous week gain when we had a sale over $5 million.  The Average Days On Market is 256 days.

 

 

 

Status	Class	Type	Area	No. of Listings	Dollar Volume	Average Price	Median Price	Average DOM
Active Listings				194	$384,970,275	$1,984,383	$690,000	301
Listings Under Contract				0	$0	$0	$0	0
Listings Sold 2010				37	$27,847,050	$752,623	$446,250	256
ACTIVE
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	34	$9,710,000	$285,588	$267,250	325
			Upper Kingsbury	5	$4,616,000	$923,200	$649,000	348
			Mid Kingsbury	9	$9,009,000	$1,001,000	$550,000	338
			Lower Kingsbury	5	$8,247,000	$1,649,400	$1,850,000	202
			Lincoln Park	1	$1,695,000	$1,695,000	$1,695,000	532
			Lake Village	13	$5,796,000	$445,846	$365,000	125
			Round Hill	12	$11,035,999	$919,667	$722,000	398
			Elk Point	2	$3,720,000	$1,860,000	$1,860,000	222
			Pinewild/Marla	7	$6,325,677	$903,668	$574,900	226
			Zephyr Heights/Knolls	13	$10,340,000	$795,385	$695,000	161
			Skyland/Tall Pn/Snug Harbor	7	$6,337,000	$905,286	$799,000	153
			Hidden Woods	4	$7,470,000	$1,867,500	$1,885,000	195
			Upper & Lower Lakeridge - LT	4	$4,138,999	$1,034,750	$1,047,500	475
			Cave Rock	8	$14,919,000	$1,864,875	$1,672,500	236
			Logan/Cedarbrok	2	$6,145,000	$3,072,500	$3,072,500	472
			Glenbrk/Uppaway	15	$51,583,500	$3,438,900	$2,300,000	379
			Lakefront Propt	15	$184,090,000	$12,272,667	$4,950,000	529
			Sub Total	156	$345,178,175	$2,212,681	$734,500	308
New
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	1	$225,000	$225,000	$225,000	6
			Skyland/Tall Pn/Snug Harbor	1	$599,000	$599,000	$599,000	2
			Glenbrk/Uppaway	1	$2,835,000	$2,835,000	$2,835,000	4
			Lakefront Propt	1	$4,750,000	$4,750,000	$4,750,000	3
			Sub Total	4	$8,409,000	$2,102,250	$1,717,000	4
Extended
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	1	$140,000	$140,000	$140,000	180
			Round Hill	1	$1,695,000	$1,695,000	$1,695,000	703
			Cave Rock	1	$1,350,000	$1,350,000	$1,350,000	324
			Sub Total	3	$3,185,000	$1,061,667	$1,350,000	402
Price Reduced
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	2	$1,094,900	$547,450	$547,450	63
			Lake Village	1	$349,500	$349,500	$349,500	1280
			Round Hill	1	$546,000	$546,000	$546,000	327
			Pinewild/Marla	1	$1,375,000	$1,375,000	$1,375,000	63
			Glenbrk/Uppaway	1	$3,995,000	$3,995,000	$3,995,000	413
			Lakefront Propt	1	$4,495,000	$4,495,000	$4,495,000	248
			Sub Total	7	$11,855,400	$1,693,629	$899,900	351
Active/Pending-Call
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	3	$1,201,900	$400,633	$550,000	56
			Upper Kingsbury	1	$535,000	$535,000	$535,000	42
			Skyland/Tall Pn/Snug Harbor	1	$895,000	$895,000	$895,000	366
			Glenbrk/Uppaway	1	$1,695,000	$1,695,000	$1,695,000	26
			Sub Total	6	$4,326,900	$721,150	$550,000	101
Active/Pending-Loan
	RESIDENTIAL
		Residential
			Lake Village	2	$599,000	$299,500	$299,500	130
			Zephyr Cove	1	$799,900	$799,900	$799,900	939
			Upper & Lower Lakeridge - LT	2	$2,144,000	$1,072,000	$1,072,000	97
			Sub Total	5	$3,542,900	$708,580	$799,900	278
Active/Pending-Short Sale
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	3	$413,900	$137,967	$135,000	419
			Upper Kingsbury	1	$2,300,000	$2,300,000	$2,300,000	308
			Mid Kingsbury	1	$399,000	$399,000	$399,000	274
			Lower Kingsbury	1	$239,000	$239,000	$239,000	203
			Kahle Park	1	$279,000	$279,000	$279,000	412
			Round Hill	3	$1,233,000	$411,000	$425,000	151
			Zephyr Heights/Knolls	2	$2,109,000	$1,054,500	$1,054,500	285
			Cave Rock	1	$1,500,000	$1,500,000	$1,500,000	1122
			Sub Total	13	$8,472,900	$651,762	$399,000	354
SOLD
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	20	$4,185,200	$209,260	$174,500	206
			Upper Kingsbury	6	$4,803,900	$800,650	$356,500	232
			Mid Kingsbury	8	$4,077,386	$509,673	$454,500	251
			Lower Kingsbury	2	$809,900	$404,950	$404,950	95
			Lincoln Park	1	$450,000	$450,000	$450,000	174
			Lake Village	6	$1,643,900	$273,983	$257,500	79
			Round Hill	7	$4,941,250	$705,893	$449,000	144
			Pinewild/Marla	2	$975,000	$487,500	$487,500	249
			Zephyr Heights/Knolls	3	$1,759,000	$586,333	$535,000	425
			Skyland/Tall Pn/Snug Harbor	3	$1,430,000	$476,667	$555,000	45
			Upper & Lower Lakeridge - LT	1	$475,000	$475,000	$475,000	221
			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	4	$10,375,000	$2,593,750	$1,725,000	390
			Lakefront Propt	3	$15,250,000	$5,083,333	$5,750,000	795
			Sub Total	68	$53,535,536	$787,287	$391,500	256

South Lake Tahoe Weekly Real Estate Market Statistics

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 Tahoe market holds steady as the Buyer activity remains consistent!  To track the most current buyer activity, I use the Market Activity Ratio which is the relationship between the Active listings and Pending Sales.  This past week we saw the Market Activity Ratio decrease slightly from 24.2% to 23.9%.  This was the result of the increasing by 12 as the Pending sales increased by 2.  It is interesting to note that there are now 21 REO’s or bank owned pending sales and 53 pending short sales which represents 66.7% of all of the Pending Sales.

There were 6 new sales this past week for a YTD of 123 sales.  Most of the sales were below $457,000 and one above that for $677,000.  This increased the 6 month Average Sales Price by .6% to $399,312.  The average Days On Market is 158 days. 

Listings per Status

Area Market Survey

Listings as of 04/08/10 at 9:17am

Active Listing Price Range  Quantity      Average DOM   $90,000 thru $99,999 1 244   $120,000 thru $139,999 1 364   $140,000 thru $159,999 5 105   $160,000 thru $179,999 5 89   $180,000 thru $199,999 12 123   $200,000 thru $249,999 28 129   $250,000 thru $299,999 49 215   $300,000 thru $349,999 36 136   $350,000 thru $399,999 31 181   $400,000 thru $449,999 22 145   $450,000 thru $499,999 22 213   $500,000 thru $549,999 18 191   $550,000 thru $599,999 27 151   $600,000 thru $649,999 9 150   $650,000 thru $699,999 11 166   $700,000 thru $749,999 16 175   $750,000 thru $799,999 8 147   $800,000 thru $849,999 2 424   $850,000 thru $899,999 7 182   $900,000 thru $949,999 3 255   $950,000 thru $999,999 5 447   $1,000,000 thru $1,249,999 7 336   $1,250,000 thru $1,499,999 7 162   $1,500,000 thru $1,749,999 5 188   $1,750,000 thru $1,999,999 9 274   $2,000,000 thru $2,249,999 3 192   $2,250,000 thru $2,499,999 3 312   $2,500,000 thru $2,749,999 2 28   $4,000,000 thru $4,249,999 1 18   $4,250,000 thru $4,499,999 2 414   $4,500,000 thru $4,749,999 1 123   $5,000,000 thru $5,999,999 1 1366   $10,000,000 or more 1 112     360 184

Summary Price Information Minimum  $99,000 Maximum  $12,900,000 Average  $661,312 Median  $429,000

Equal Opportunity Housing * All information deemed reliable, but not guaranteed.

Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market Copyright ©2010 Rapattoni Corporation. All rights reserved.

Area Market Survey

Listings as of 04/08/10 at 9:17am

Pending Listing Price Range  Quantity      Average DOM   $90,000 thru $99,999 1 48   $120,000 thru $139,999 1 13   $140,000 thru $159,999 2 49   $160,000 thru $179,999 6 159   $180,000 thru $199,999 8 201   $200,000 thru $249,999 18 103   $250,000 thru $299,999 17 190   $300,000 thru $349,999 14 132   $350,000 thru $399,999 9 170   $400,000 thru $449,999 5 214   $450,000 thru $499,999 5 240   $500,000 thru $549,999 5 222   $550,000 thru $599,999 4 134   $600,000 thru $649,999 2 358   $650,000 thru $699,999 6 159   $700,000 thru $749,999 2 91   $750,000 thru $799,999 1 1010   $850,000 thru $899,999 2 67   $900,000 thru $949,999 1 37   $950,000 thru $999,999 1 699   $1,000,000 thru $1,249,999 3 316     113 175

Summary Price Information Minimum  $99,000 Maximum  $1,195,000 Average  $392,680 Median  $310,000

Sold Selling Price Range  Quantity      Average DOM   $60,000 thru $69,999 1 77   $70,000 thru $79,999 1 82   $80,000 thru $89,999 3 97   $100,000 thru $119,999 1 38   $120,000 thru $139,999 4 269   $140,000 thru $159,999 9 101   $160,000 thru $179,999 6 95   $180,000 thru $199,999 10 110   $200,000 thru $249,999 42 114   $250,000 thru $299,999 40 144   $300,000 thru $349,999 30 139   $350,000 thru $399,999 29 171   $400,000 thru $449,999 19 215   $450,000 thru $499,999 13 195   $500,000 thru $549,999 7 176   $550,000 thru $599,999 11 185   $600,000 thru $649,999 7 192   $650,000 thru $699,999 13 137   $700,000 thru $749,999 2 67   $750,000 thru $799,999 5 372   $800,000 thru $849,999 1 393   $850,000 thru $899,999 1 439   $900,000 thru $949,999 2 374   $950,000 thru $999,999 1 1   $1,000,000 thru $1,249,999 2 217   $1,250,000 thru $1,499,999 1 312   $1,500,000 thru $1,749,999 2 71   $2,500,000 thru $2,749,999 1 496   $3,000,000 thru $3,249,999 1 117     265 158

Summary Price Information Minimum  $67,000 Maximum  $3,200,000 Average  $399,312 Median  $319,000

Equal Opportunity Housing * All information deemed reliable, but not guaranteed.

Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market Copyright ©2010 Rapattoni Corporation. All rights reserved.

Lake Tahoe Nevada East Shore Weekly Real Estate Statistics

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 Bears are awake and so is the Nevada market!  We saw an upswing in Buyer activity.  I use the Market Activity Ratio to determine the most current buyer activity in the market which is the relationship between the Active Listings and Pending Sales.  This past week we saw the Market Activity Ratio increase from 11.1%to 12.6%.  This is the result of the Active listings decreasing by 1 as the Pending Sales increased by 2.  It is interesting to note that the number of Short Sales increased by 1 for a total of 15.

There were two new sales this past week for a YTD of 35 sales.  One in Round Hill for $365,000 and one in Glenbrook for $5,900,000.  This increased the 6 month Average Sales Price by 6.5% to $841,544.  The average days on market is 256 days.

Status	Class	Type	Area	No. of Listings	Dollar Volume	Average Price	Median Price	Average DOM
Active Listings				191	$379,111,275	$1,984,876	$699,000	303
Listings Under Contract				0	$0	$0	$0	0
Listings Sold 2010				35	$27,298,050	$779,944	$449,000	264
ACTIVE
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	38	$11,531,300	$303,455	$267,250	290
			Upper Kingsbury	4	$4,344,000	$1,086,000	$972,000	423
			Mid Kingsbury	9	$8,409,000	$934,333	$550,000	339
			Lower Kingsbury	5	$8,247,000	$1,649,400	$1,850,000	194
			Lincoln Park	1	$1,695,000	$1,695,000	$1,695,000	524
			Lake Village	13	$5,780,500	$444,654	$365,000	215
			Round Hill	13	$12,812,999	$985,615	$724,999	430
			Elk Point	1	$1,870,000	$1,870,000	$1,870,000	241
			Pinewild/Marla	8	$7,770,677	$971,335	$734,950	198
			Zephyr Heights/Knolls	14	$11,603,000	$828,786	$720,000	194
			Skyland/Tall Pn/Snug Harbor	7	$6,337,000	$905,286	$799,000	145
			Hidden Woods	3	$6,470,000	$2,156,667	$2,595,000	247
			Upper & Lower Lakeridge - LT	2	$2,094,999	$1,047,500	$1,047,500	618
			Cave Rock	7	$14,529,000	$2,075,571	$2,550,000	261
			Logan/Cedarbrok	2	$6,145,000	$3,072,500	$3,072,500	464
			Glenbrk/Uppaway	17	$57,773,500	$3,398,441	$2,300,000	352
			Lakefront Propt	16	$189,085,000	$11,817,813	$4,972,500	504
			Sub Total	160	$356,497,975	$2,228,112	$734,500	312
New
	RESIDENTIAL
		Residential
			Mid Kingsbury	1	$1,195,000	$1,195,000	$1,195,000	5
			Lake Village	1	$415,000	$415,000	$415,000	1
			Hidden Woods	1	$1,000,000	$1,000,000	$1,000,000	5
			Sub Total	3	$2,610,000	$870,000	$1,000,000	4
Back On Market
	RESIDENTIAL
		Residential
			Upper & Lower Lakeridge - LT	1	$1,195,000	$1,195,000	$1,195,000	266
			Sub Total	1	$1,195,000	$1,195,000	$1,195,000	266
Extended
	RESIDENTIAL
		Residential
			Elk Point	1	$1,950,000	$1,950,000	$1,950,000	186
			Upper & Lower Lakeridge - LT	1	$849,000	$849,000	$849,000	367
			Sub Total	2	$2,799,000	$1,399,500	$1,399,500	277
Price Reduced
	RESIDENTIAL
		Residential
			Round Hill	1	$489,000	$489,000	$489,000	108
			Sub Total	1	$489,000	$489,000	$489,000	108
Active/Pending-Call
	RESIDENTIAL
		Residential
			Upper Kingsbury	1	$535,000	$535,000	$535,000	34
			Mid Kingsbury	1	$449,500	$449,500	$449,500	101
			Skyland/Tall Pn/Snug Harbor	1	$895,000	$895,000	$895,000	358
			Sub Total	3	$1,879,500	$626,500	$535,000	164
Active/Pending-Loan
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	1	$135,000	$135,000	$135,000	148
			Lake Village	2	$599,000	$299,500	$299,500	122
			Zephyr Cove	1	$799,900	$799,900	$799,900	931
			Upper & Lower Lakeridge - LT	2	$2,144,000	$1,072,000	$1,072,000	89
			Sub Total	6	$3,677,900	$612,983	$559,450	250
Active/Pending-Short Sale
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	4	$553,900	$138,475	$137,500	352
			Upper Kingsbury	1	$2,300,000	$2,300,000	$2,300,000	300
			Mid Kingsbury	1	$399,000	$399,000	$399,000	266
			Lower Kingsbury	1	$239,000	$239,000	$239,000	195
			Kahle Park	1	$279,000	$279,000	$279,000	404
			Round Hill	3	$1,233,000	$411,000	$425,000	143
			Zephyr Heights/Knolls	2	$2,109,000	$1,054,500	$1,054,500	277
			Cave Rock	2	$2,850,000	$1,425,000	$1,425,000	715
			Sub Total	15	$9,962,900	$664,193	$399,000	332
SOLD
	RESIDENTIAL
		Residential
			Summit/Tahoe VL	20	$4,180,200	$209,010	$174,500	211
			Upper Kingsbury	6	$4,803,900	$800,650	$356,500	232
			Mid Kingsbury	7	$3,653,386	$521,912	$485,000	273
			Lower Kingsbury	2	$809,900	$404,950	$404,950	95
			Lincoln Park	1	$450,000	$450,000	$450,000	174
			Lake Village	7	$2,053,900	$293,414	$265,000	73
			Round Hill	7	$4,941,250	$705,893	$449,000	144
			Pinewild/Marla	2	$975,000	$487,500	$487,500	249
			Zephyr Heights/Knolls	3	$1,759,000	$586,333	$535,000	425
			Skyland/Tall Pn/Snug Harbor	3	$1,430,000	$476,667	$555,000	45
			Upper & Lower Lakeridge - LT	1	$475,000	$475,000	$475,000	221
			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	4	$10,375,000	$2,593,750	$1,725,000	390
			Lakefront Propt	4	$19,800,000	$4,950,000	$5,150,000	648
			Sub Total	69	$58,066,536	$841,544	$400,000	256

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