Lake Tahoe Weekly Real Estate Market Statistics for Nevada East Shore
April 23, 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.
Inventory in Nevada remains stagnant. To track the most current Buyer activity, I use the Market Activity Ratio which is the relationship between the Active Listings and Pending Sales. The Market Activity Ratio increased from 12.4% to 13.7%. This is the result of the Active Listings remaining the same as the Pending Sales increased by 2. The number of Short Sales increased 1.
There were 2 new sales this past week for a YTD of 39 sales. One sale was in Round Hill at $449,000 and the other at Zephyr Cove for $730,000. This brought the 6 month average down by .8% to $781,293. The Average Days on Market for these sales is 269 days.
| Status | Class | Type | Area | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| Active Listings | 197 | $387,406,175 | $1,966,529 | $675,000 | 293 | |||
| Listings Under Contract | 2 | $2,085,000 | $1,042,500 | $1,042,500 | 362 | |||
| Listings Sold 2010 | 39 | $29,002,050 | $743,642 | $446,250 | 269 | |||
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 32 | $9,631,500 | $300,984 | $265,250 | 317 | |||
| Upper Kingsbury | 6 | $5,061,000 | $843,500 | $547,000 | 297 | |||
| Mid Kingsbury | 9 | $8,204,000 | $911,556 | $550,000 | 291 | |||
| Lower Kingsbury | 5 | $8,247,000 | $1,649,400 | $1,850,000 | 209 | |||
| Lincoln Park | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 539 | |||
| Lake Village | 14 | $6,120,500 | $437,179 | $360,000 | 215 | |||
| Round Hill | 13 | $11,581,999 | $890,923 | $719,000 | 400 | |||
| Elk Point | 2 | $3,720,000 | $1,860,000 | $1,860,000 | 229 | |||
| Pinewild/Marla | 8 | $7,703,677 | $962,960 | $734,950 | 213 | |||
| Zephyr Heights/Knolls | 13 | $11,519,000 | $886,077 | $745,000 | 176 | |||
| Skyland/Tall Pn/Snug Harbor | 8 | $6,936,000 | $867,000 | $712,000 | 142 | |||
| Hidden Woods | 4 | $7,470,000 | $1,867,500 | $1,885,000 | 202 | |||
| Upper & Lower Lakeridge - LT | 4 | $4,138,999 | $1,034,750 | $1,047,500 | 482 | |||
| Cave Rock | 7 | $14,529,000 | $2,075,571 | $2,550,000 | 276 | |||
| Logan/Cedarbrok | 2 | $6,145,000 | $3,072,500 | $3,072,500 | 479 | |||
| Glenbrk/Uppaway | 16 | $56,318,500 | $3,519,906 | $3,342,500 | 343 | |||
| Lakefront Propt | 17 | $193,335,000 | $11,372,647 | $4,950,000 | 489 | |||
| Sub Total | 161 | $362,356,175 | $2,250,659 | $749,000 | 306 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Round Hill | 1 | $525,000 | $525,000 | $525,000 | 2 | |||
| Zephyr Cove | 1 | $510,000 | $510,000 | $510,000 | 2 | |||
| Sub Total | 2 | $1,035,000 | $517,500 | $517,500 | 2 | |||
| Extended | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $614,900 | $307,450 | $307,450 | 289 | |||
| Mid Kingsbury | 1 | $1,375,000 | $1,375,000 | $1,375,000 | 584 | |||
| Kahle Park | 1 | $279,000 | $279,000 | $279,000 | 419 | |||
| Sub Total | 4 | $2,268,900 | $567,225 | $307,450 | 395 | |||
| Price Raised | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $1,190,000 | $595,000 | $595,000 | 34 | |||
| Sub Total | 2 | $1,190,000 | $595,000 | $595,000 | 34 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $302,400 | $151,200 | $151,200 | 90 | |||
| Zephyr Heights/Knolls | 1 | $985,000 | $985,000 | $985,000 | 490 | |||
| Sub Total | 3 | $1,287,400 | $429,133 | $179,900 | 223 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $101,900 | $101,900 | $101,900 | 123 | |||
| Upper Kingsbury | 2 | $1,124,900 | $562,450 | $562,450 | 26 | |||
| Skyland/Tall Pn/Snug Harbor | 1 | $895,000 | $895,000 | $895,000 | 373 | |||
| Glenbrk/Uppaway | 2 | $4,545,000 | $2,272,500 | $2,272,500 | 137 | |||
| Sub Total | 6 | $6,666,800 | $1,111,133 | $742,450 | 137 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $219,000 | $219,000 | $219,000 | 56 | |||
| Lake Village | 2 | $599,000 | $299,500 | $299,500 | 137 | |||
| Upper & Lower Lakeridge - LT | 2 | $2,144,000 | $1,072,000 | $1,072,000 | 104 | |||
| Sub Total | 5 | $2,962,000 | $592,400 | $319,000 | 107 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 4 | $683,900 | $170,975 | $167,000 | 355 | |||
| Upper Kingsbury | 1 | $2,100,000 | $2,100,000 | $2,100,000 | 315 | |||
| Mid Kingsbury | 1 | $399,000 | $399,000 | $399,000 | 281 | |||
| Lower Kingsbury | 1 | $239,000 | $239,000 | $239,000 | 210 | |||
| Round Hill | 2 | $784,000 | $392,000 | $392,000 | 197 | |||
| Zephyr Heights/Knolls | 3 | $2,584,000 | $861,333 | $475,000 | 246 | |||
| Cave Rock | 2 | $2,850,000 | $1,425,000 | $1,425,000 | 730 | |||
| Sub Total | 14 | $9,639,900 | $688,564 | $409,000 | 344 | |||
| 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 | 8 | $5,366,250 | $670,781 | $447,625 | 136 | |||
| Pinewild/Marla | 2 | $975,000 | $487,500 | $487,500 | 249 | |||
| 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 | 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 | 70 | $54,690,536 | $781,293 | $405,000 | 263 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Round Hill | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 710 | |||
| Cave Rock | 1 | $390,000 | $390,000 | $390,000 | 14 | |||
| Sub Total | 2 | $2,085,000 | $1,042,500 | $1,042,500 | 362 | |||
Lake Tahoe Nevada East Shore Weekly Real Estate Market Statistics
March 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 Nevada market comes alive! To measure the most current buyer activity in the real estate market, I use the Market Activity Ratio which is the relationship between Active Listings and Pending Sales. The Market Activity Ratio increased from 11% to 13.8% this past week. This was the result of Active listings increasing by 1 as the Pending sale increased by 6. It’s interesting to note that the number of Short Sales remained the same at 13 which represents 50% of the Pending Sales.
There was only 1 new sale this past week for a YTD total of 27. This was a condo sale in Lake Village for $285,000. Despite that, the 6 month average is showing an increase by 1.2% to $730,777. The Nevada east shore is averaging 9 sales per month for the first quarter.
| Status | Class | Type | Area | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| Active Listings | 187 | $397,373,276 | $2,124,991 | $719,000 | 318 | |||
| Listings Under Contract | 1 | $394,020 | $394,020 | $394,020 | 17 | |||
| Listings Sold 2010 | 27 | $12,900,050 | $477,780 | $449,000 | 231 | |||
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 35 | $10,309,400 | $294,554 | $265,500 | 296 | |||
| Upper Kingsbury | 6 | $5,461,000 | $910,167 | $649,000 | 366 | |||
| Mid Kingsbury | 6 | $4,237,000 | $706,167 | $519,500 | 363 | |||
| Lower Kingsbury | 5 | $8,247,000 | $1,649,400 | $1,850,000 | 180 | |||
| Lincoln Park | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 510 | |||
| Lake Village | 10 | $4,419,000 | $441,900 | $362,500 | 263 | |||
| Round Hill | 13 | $13,108,999 | $1,008,385 | $749,000 | 423 | |||
| Elk Point | 2 | $3,820,000 | $1,910,000 | $1,910,000 | 200 | |||
| Pinewild/Marla | 6 | $6,340,677 | $1,056,780 | $884,950 | 167 | |||
| Zephyr Heights/Knolls | 12 | $9,804,000 | $817,000 | $720,000 | 210 | |||
| Skyland/Tall Pn/Snug Harbor | 5 | $4,167,000 | $833,400 | $799,000 | 184 | |||
| Hidden Woods | 3 | $6,470,000 | $2,156,667 | $2,595,000 | 233 | |||
| Upper & Lower Lakeridge - LT | 4 | $4,288,000 | $1,072,000 | $1,122,000 | 454 | |||
| Cave Rock | 8 | $15,879,000 | $1,984,875 | $1,950,000 | 254 | |||
| Logan/Cedarbrok | 1 | $4,495,000 | $4,495,000 | $4,495,000 | 899 | |||
| Glenbrk/Uppaway | 16 | $60,383,500 | $3,773,969 | $4,050,000 | 390 | |||
| Lakefront Propt | 17 | $202,485,000 | $11,910,882 | $4,995,000 | 466 | |||
| Sub Total | 150 | $365,609,576 | $2,437,397 | $749,000 | 325 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $949,900 | $949,900 | $949,900 | 4 | |||
| Mid Kingsbury | 1 | $547,000 | $547,000 | $547,000 | 3 | |||
| Glenbrk/Uppaway | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 4 | |||
| Sub Total | 3 | $3,191,900 | $1,063,967 | $949,900 | 4 | |||
| Extended | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $654,500 | $327,250 | $327,250 | 333 | |||
| Mid Kingsbury | 2 | $3,625,000 | $1,812,500 | $1,812,500 | 372 | |||
| Pinewild/Marla | 1 | $895,000 | $895,000 | $895,000 | 175 | |||
| Cave Rock | 1 | $1,500,000 | $1,500,000 | $1,500,000 | 1100 | |||
| Sub Total | 6 | $6,674,500 | $1,112,417 | $1,135,000 | 447 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $549,000 | $274,500 | $274,500 | 92 | |||
| Pinewild/Marla | 1 | $535,000 | $535,000 | $535,000 | 297 | |||
| Sub Total | 3 | $1,084,000 | $361,333 | $375,000 | 160 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $239,000 | $239,000 | $239,000 | 429 | |||
| Upper Kingsbury | 1 | $535,000 | $535,000 | $535,000 | 20 | |||
| Mid Kingsbury | 1 | $449,500 | $449,500 | $449,500 | 87 | |||
| Skyland/Tall Pn/Snug Harbor | 1 | $895,000 | $895,000 | $895,000 | 344 | |||
| Logan/Cedarbrok | 1 | $1,195,000 | $1,195,000 | $1,195,000 | 951 | |||
| Lakefront Propt | 1 | $6,495,000 | $6,495,000 | $6,495,000 | 993 | |||
| Sub Total | 6 | $9,808,500 | $1,634,750 | $715,000 | 471 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Lake Village | 3 | $898,000 | $299,333 | $299,000 | 90 | |||
| Zephyr Cove | 1 | $799,900 | $799,900 | $799,900 | 917 | |||
| Upper & Lower Lakeridge - LT | 2 | $2,144,000 | $1,072,000 | $1,072,000 | 75 | |||
| Sub Total | 6 | $3,841,900 | $640,317 | $559,450 | 223 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 3 | $474,000 | $158,000 | $140,000 | 397 | |||
| Upper Kingsbury | 2 | $2,429,900 | $1,214,950 | $1,214,950 | 223 | |||
| Mid Kingsbury | 1 | $399,000 | $399,000 | $399,000 | 252 | |||
| Lower Kingsbury | 1 | $239,000 | $239,000 | $239,000 | 181 | |||
| Kahle Park | 1 | $279,000 | $279,000 | $279,000 | 390 | |||
| Round Hill | 3 | $1,233,000 | $411,000 | $425,000 | 129 | |||
| Zephyr Heights/Knolls | 2 | $2,109,000 | $1,054,500 | $1,054,500 | 263 | |||
| Sub Total | 13 | $7,162,900 | $550,992 | $359,000 | 259 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 23 | $4,756,250 | $206,793 | $170,000 | 184 | |||
| 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 | $2,428,900 | $346,986 | $285,000 | 73 | |||
| Round Hill | 6 | $4,576,250 | $762,708 | $452,500 | 164 | |||
| 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 | 2 | $1,311,000 | $655,500 | $655,500 | 190 | |||
| Upper & Lower Lakeridge - LT | 2 | $1,575,000 | $787,500 | $787,500 | 140 | |||
| Cave Rock | 1 | $1,300,000 | $1,300,000 | $1,300,000 | 985 | |||
| Glenbrk/Uppaway | 4 | $7,975,000 | $1,993,750 | $1,725,000 | 315 | |||
| Lakefront Propt | 3 | $14,050,000 | $4,683,333 | $4,550,000 | 531 | |||
| Sub Total | 69 | $50,423,586 | $730,777 | $400,000 | 227 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Round Hill | 1 | $394,020 | $394,020 | $394,020 | 17 | |||
| Sub Total | 1 | $394,020 | $394,020 | $394,020 | 17 | |||
Lake Tahoe East Shore Weekly Real Estate Market Statistics
March 12, 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 Nevada East Shore market is showing movement in the market. To measure the most current Buyer activity, I use the Market Activity Ratio which is the relationship between Active listings and Pending sales. This past week the Market Activity Ratio spiked from 12.6% to 14%. This is due to the Active Listing inventory remaining the same and the Pending Sales increasing by 3. It is interesting to note that there are now 12 Pending short sales which represents 46% of the total pending sales.
This past week there were 4 New Sales for a YTD of 25 sales. The sales were on a couple of condos on top of Kingsbury for $235,000 and $179,000, Lakridge for $475,000 and a lake front property on Lakeview for $1.7 million. This brought the 6 month average down by 4.5% to $725,376. The Average Days On Market is 223 days.
| Status | Class | Type | Area | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| Active Listings | 184 | $397,994,426 | $2,163,013 | $735,000 | 321 | |||
| Listings Under Contract | 2 | $529,020 | $264,510 | $264,510 | 63 | |||
| Listings Sold 2010 | 25 | $12,130,050 | $485,202 | $449,000 | 241 | |||
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 31 | $9,705,100 | $313,068 | $265,000 | 297 | |||
| Upper Kingsbury | 7 | $5,790,500 | $827,214 | $649,000 | 361 | |||
| Mid Kingsbury | 8 | $7,862,000 | $982,750 | $572,500 | 352 | |||
| Lower Kingsbury | 5 | $8,247,000 | $1,649,400 | $1,850,000 | 167 | |||
| Lincoln Park | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 497 | |||
| Lake Village | 12 | $5,079,950 | $423,329 | $352,500 | 231 | |||
| Round Hill | 12 | $12,220,999 | $1,018,417 | $759,000 | 432 | |||
| Elk Point | 1 | $1,950,000 | $1,950,000 | $1,950,000 | 159 | |||
| Pinewild/Marla | 8 | $7,785,677 | $973,210 | $734,950 | 171 | |||
| Zephyr Heights/Knolls | 11 | $9,560,000 | $869,091 | $745,000 | 215 | |||
| Skyland/Tall Pn/Snug Harbor | 5 | $4,167,000 | $833,400 | $799,000 | 171 | |||
| Hidden Woods | 3 | $6,670,000 | $2,223,333 | $2,595,000 | 220 | |||
| Upper & Lower Lakeridge - LT | 4 | $4,288,000 | $1,072,000 | $1,122,000 | 441 | |||
| Cave Rock | 10 | $18,656,000 | $1,865,600 | $1,875,000 | 406 | |||
| Logan/Cedarbrok | 1 | $4,495,000 | $4,495,000 | $4,495,000 | 886 | |||
| Glenbrk/Uppaway | 16 | $60,383,500 | $3,773,969 | $4,050,000 | 377 | |||
| Lakefront Propt | 16 | $198,085,000 | $12,380,313 | $4,995,000 | 476 | |||
| Sub Total | 151 | $366,640,726 | $2,428,084 | $769,000 | 328 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $439,000 | $219,500 | $219,500 | 5 | |||
| Sub Total | 2 | $439,000 | $219,500 | $219,500 | 5 | |||
| Extended | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $399,000 | $399,000 | $399,000 | 550 | |||
| Sub Total | 1 | $399,000 | $399,000 | $399,000 | 550 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $592,400 | $296,200 | $296,200 | 100 | |||
| Round Hill | 1 | $548,000 | $548,000 | $548,000 | 292 | |||
| Elk Point | 1 | $1,870,000 | $1,870,000 | $1,870,000 | 214 | |||
| Cave Rock | 1 | $2,150,000 | $2,150,000 | $2,150,000 | 1087 | |||
| Lakefront Propt | 1 | $4,650,000 | $4,650,000 | $4,650,000 | 95 | |||
| Sub Total | 6 | $9,810,400 | $1,635,067 | $1,209,000 | 315 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $239,000 | $239,000 | $239,000 | 416 | |||
| Upper Kingsbury | 1 | $535,000 | $535,000 | $535,000 | 7 | |||
| Mid Kingsbury | 2 | $994,500 | $497,250 | $497,250 | 50 | |||
| Skyland/Tall Pn/Snug Harbor | 1 | $895,000 | $895,000 | $895,000 | 331 | |||
| Logan/Cedarbrok | 1 | $1,195,000 | $1,195,000 | $1,195,000 | 938 | |||
| Lakefront Propt | 1 | $6,495,000 | $6,495,000 | $6,495,000 | 980 | |||
| Sub Total | 7 | $10,353,500 | $1,479,071 | $545,000 | 396 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Lake Village | 2 | $604,000 | $302,000 | $302,000 | 113 | |||
| Zephyr Cove | 1 | $799,900 | $799,900 | $799,900 | 904 | |||
| Upper & Lower Lakeridge - LT | 2 | $2,144,000 | $1,072,000 | $1,072,000 | 62 | |||
| Sub Total | 5 | $3,547,900 | $709,580 | $799,900 | 251 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 3 | $474,000 | $158,000 | $140,000 | 384 | |||
| Upper Kingsbury | 2 | $2,429,900 | $1,214,950 | $1,214,950 | 210 | |||
| Mid Kingsbury | 1 | $399,000 | $399,000 | $399,000 | 239 | |||
| Lower Kingsbury | 1 | $239,000 | $239,000 | $239,000 | 168 | |||
| Kahle Park | 1 | $279,000 | $279,000 | $279,000 | 377 | |||
| Round Hill | 2 | $874,000 | $437,000 | $437,000 | 107 | |||
| Zephyr Heights/Knolls | 2 | $2,109,000 | $1,054,500 | $1,054,500 | 250 | |||
| Sub Total | 12 | $6,803,900 | $566,992 | $339,000 | 256 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 24 | $4,936,750 | $205,698 | $172,525 | 179 | |||
| Upper Kingsbury | 6 | $4,803,900 | $800,650 | $356,500 | 232 | |||
| Mid Kingsbury | 6 | $3,168,386 | $528,064 | $482,000 | 314 | |||
| Lower Kingsbury | 3 | $1,149,900 | $383,300 | $340,000 | 120 | |||
| Lincoln Park | 1 | $450,000 | $450,000 | $450,000 | 174 | |||
| Lake Village | 6 | $2,143,900 | $357,317 | $324,000 | 53 | |||
| Round Hill | 7 | $5,327,250 | $761,036 | $456,000 | 148 | |||
| Pinewild/Marla | 3 | $1,555,000 | $518,333 | $500,000 | 250 | |||
| Zephyr Heights/Knolls | 3 | $1,759,000 | $586,333 | $535,000 | 425 | |||
| Skyland/Tall Pn/Snug Harbor | 2 | $1,311,000 | $655,500 | $655,500 | 190 | |||
| Upper & Lower Lakeridge - LT | 2 | $1,575,000 | $787,500 | $787,500 | 140 | |||
| Cave Rock | 2 | $2,022,000 | $1,011,000 | $1,011,000 | 531 | |||
| Glenbrk/Uppaway | 4 | $7,975,000 | $1,993,750 | $1,725,000 | 315 | |||
| Lakefront Propt | 3 | $14,050,000 | $4,683,333 | $4,550,000 | 531 | |||
| Sub Total | 72 | $52,227,086 | $725,376 | $405,000 | 223 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $135,000 | $135,000 | $135,000 | 121 | |||
| Round Hill | 1 | $394,020 | $394,020 | $394,020 | 4 | |||
| Sub Total | 2 | $529,020 | $264,510 | $264,510 | 63 | |||
Lake Tahoe East Shore Weekly Real Estate Market Statistics
January 15, 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 remained somewhat consistent this past week. I like to track buyer activity with the Market Activity Ratio which is the relationship between Active Listings ( Inventory) and Pending Sales (Escrows). The Market Activity Ratio went from 15.6% to 15.7% which is a result of the Active Listings increasing by 5 and the Pending Sales increasing by 1.
There were 5 new Sales this past week and because it’s a new year the YTD is now a total of 5 sales. Sales for a one year period from today shows a Median Sales price of $404,500 and the Average Sales Price is $769,636. The sales were as low as $165,000 and the highest sale was $1,265,000.
| Status | Class | Type | Area | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| Active Listings | 184 | $425,944,651 | $2,314,917 | $749,000 | 325 | |||
| Listings Under Contract | 2 | $386,900 | $193,450 | $193,450 | 45 | |||
| Listings Sold 2010 | 4 | $2,215,000 | $553,750 | $392,500 | 112 | |||
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 25 | $7,823,900 | $312,956 | $299,000 | 283 | |||
| Upper Kingsbury | 8 | $6,711,500 | $838,938 | $649,500 | 355 | |||
| Mid Kingsbury | 7 | $6,292,500 | $898,929 | $550,000 | 343 | |||
| Lower Kingsbury | 3 | $5,729,000 | $1,909,667 | $1,850,000 | 196 | |||
| Lincoln Park | 1 | $1,695,000 | $1,695,000 | $1,695,000 | 441 | |||
| Lake Village | 10 | $4,367,900 | $436,790 | $382,000 | 267 | |||
| Round Hill | 12 | $12,204,000 | $1,017,000 | $749,000 | 284 | |||
| Elk Point | 2 | $3,840,000 | $1,920,000 | $1,920,000 | 131 | |||
| Pinewild/Marla | 6 | $6,214,554 | $1,035,759 | $771,389 | 372 | |||
| Zephyr Heights/Knolls | 6 | $7,007,000 | $1,167,833 | $1,087,000 | 398 | |||
| Zephyr Cove | 1 | $799,900 | $799,900 | $799,900 | 848 | |||
| Skyland/Tall Pn/Snug Harbor | 9 | $9,322,000 | $1,035,778 | $1,099,000 | 253 | |||
| Hidden Woods | 3 | $7,220,000 | $2,406,667 | $2,595,000 | 165 | |||
| Upper & Lower Lakeridge - LT | 5 | $4,733,500 | $946,700 | $995,000 | 310 | |||
| Cave Rock | 9 | $19,006,000 | $2,111,778 | $2,495,000 | 480 | |||
| Logan/Cedarbrok | 3 | $8,089,000 | $2,696,333 | $2,399,000 | 847 | |||
| Glenbrk/Uppaway | 17 | $75,135,500 | $4,419,735 | $4,495,000 | 277 | |||
| Lakefront Propt | 18 | $210,001,500 | $11,666,750 | $4,995,000 | 393 | |||
| Sub Total | 145 | $396,192,754 | $2,732,364 | $1,099,000 | 332 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Mid Kingsbury | 1 | $595,000 | $595,000 | $595,000 | 5 | |||
| Sub Total | 1 | $595,000 | $595,000 | $595,000 | 5 | |||
| Extended | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 4 | $1,201,300 | $300,325 | $299,250 | 395 | |||
| Upper Kingsbury | 1 | $284,900 | $284,900 | $284,900 | 149 | |||
| Round Hill | 1 | $749,000 | $749,000 | $749,000 | 1219 | |||
| Glenbrk/Uppaway | 1 | $1,995,000 | $1,995,000 | $1,995,000 | 584 | |||
| Sub Total | 7 | $4,230,200 | $604,314 | $399,500 | 504 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $1,188,000 | $594,000 | $594,000 | 204 | |||
| Mid Kingsbury | 1 | $2,250,000 | $2,250,000 | $2,250,000 | 119 | |||
| Sub Total | 3 | $3,438,000 | $1,146,000 | $999,000 | 176 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $249,000 | $249,000 | $249,000 | 392 | |||
| Lincoln Park | 1 | $499,000 | $499,000 | $499,000 | 148 | |||
| Pinewild/Marla | 1 | $545,000 | $545,000 | $545,000 | 377 | |||
| Lakefront Propt | 1 | $6,495,000 | $6,495,000 | $6,495,000 | 924 | |||
| Sub Total | 4 | $7,788,000 | $1,947,000 | $522,000 | 460 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Upper Kingsbury | 1 | $339,000 | $339,000 | $339,000 | 115 | |||
| Lake Village | 1 | $249,900 | $249,900 | $249,900 | 71 | |||
| Round Hill | 2 | $924,997 | $462,499 | $462,499 | 187 | |||
| Zephyr Heights/Knolls | 1 | $539,000 | $539,000 | $539,000 | 56 | |||
| Skyland/Tall Pn/Snug Harbor | 1 | $595,000 | $595,000 | $595,000 | 122 | |||
| Glenbrk/Uppaway | 1 | $1,050,000 | $1,050,000 | $1,050,000 | 607 | |||
| Sub Total | 7 | $3,697,897 | $528,271 | $499,000 | 192 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 3 | $509,000 | $169,667 | $175,000 | 371 | |||
| Upper Kingsbury | 4 | $2,984,800 | $746,200 | $252,450 | 241 | |||
| Mid Kingsbury | 1 | $399,000 | $399,000 | $399,000 | 183 | |||
| Lower Kingsbury | 1 | $239,000 | $239,000 | $239,000 | 112 | |||
| Kahle Park | 1 | $279,000 | $279,000 | $279,000 | 321 | |||
| Lake Village | 1 | $279,000 | $279,000 | $279,000 | 73 | |||
| Round Hill | 2 | $824,000 | $412,000 | $412,000 | 68 | |||
| Pinewild/Marla | 1 | $425,000 | $425,000 | $425,000 | 242 | |||
| Zephyr Heights/Knolls | 1 | $419,000 | $419,000 | $419,000 | 405 | |||
| Cave Rock | 1 | $1,395,000 | $1,395,000 | $1,395,000 | 233 | |||
| Lakefront Propt | 1 | $2,250,000 | $2,250,000 | $2,250,000 | 620 | |||
| Sub Total | 17 | $10,002,800 | $588,400 | $399,000 | 259 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 34 | $7,061,150 | $207,681 | $180,250 | 194 | |||
| Upper Kingsbury | 16 | $9,474,810 | $592,176 | $379,000 | 156 | |||
| Mid Kingsbury | 9 | $8,353,386 | $928,154 | $784,000 | 334 | |||
| Lower Kingsbury | 11 | $5,005,800 | $455,073 | $350,000 | 111 | |||
| Kahle Park | 1 | $181,900 | $181,900 | $181,900 | 34 | |||
| Lake Village | 9 | $3,252,000 | $361,333 | $290,000 | 130 | |||
| Round Hill | 12 | $8,683,999 | $723,667 | $628,000 | 119 | |||
| Elk Point | 1 | $715,000 | $715,000 | $715,000 | 102 | |||
| Pinewild/Marla | 5 | $2,530,000 | $506,000 | $500,000 | 207 | |||
| Zephyr Heights/Knolls | 9 | $4,009,800 | $445,533 | $450,000 | 129 | |||
| Zephyr Cove | 2 | $1,225,000 | $612,500 | $612,500 | 78 | |||
| Skyland/Tall Pn/Snug Harbor | 7 | $4,988,500 | $712,643 | $756,000 | 170 | |||
| Hidden Woods | 2 | $3,515,000 | $1,757,500 | $1,757,500 | 565 | |||
| Upper & Lower Lakeridge - LT | 2 | $1,701,900 | $850,950 | $850,950 | 41 | |||
| Cave Rock | 5 | $2,997,221 | $599,444 | $455,000 | 337 | |||
| Glenbrk/Uppaway | 4 | $8,450,000 | $2,112,500 | $1,925,000 | 266 | |||
| Lakefront Propt | 7 | $32,525,000 | $4,646,429 | $4,225,000 | 469 | |||
| Sub Total | 136 | $104,670,466 | $769,636 | $404,500 | 197 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $171,000 | $171,000 | $171,000 | 85 | |||
| Lake Village | 1 | $215,900 | $215,900 | $215,900 | 4 | |||
| Sub Total | 2 | $386,900 | $193,450 | $193,450 | 45 | |||
Lake Tahoe Nevada East Shore Real Estate Weekly Statistics
December 23, 2009
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.
For current Buyer market activity, I like to track the Market Activity Ratio which is the relationship between Active Listings (Inventory) and Pending Sales (Escrows). This past week we saw the Market Activity Ratio increase slightly from 16.2% to 16.6% which was due to the Active Listings increasing by one as the Pending Sales increased by one.
This past week there were 2 new Sales at $237,500 and $499,000 for a YTD of 128 sales. This increased the Median Sales Price by 2% to $412,500 and decreased the Average Sales Price by .3% to $783,115. The Average Days On Market is 199 days.
| Status | Class | Type | Area | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| Active Listings | 197 | $433,157,650 | $2,198,770 | $798,000 | 318 | |||
| Listings Under Contract | 2 | $258,800 | $129,400 | $129,400 | 26 | |||
| Listings Sold 2009 | 128 | $100,238,666 | $783,115 | $412,500 | 199 | |||
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 32 | $10,801,900 | $337,559 | $277,000 | 294 | |||
| Upper Kingsbury | 8 | $6,586,500 | $823,313 | $587,000 | 329 | |||
| Mid Kingsbury | 8 | $9,653,000 | $1,206,625 | $1,325,000 | 340 | |||
| Lower Kingsbury | 4 | $7,024,000 | $1,756,000 | $1,572,500 | 166 | |||
| Lincoln Park | 2 | $2,194,000 | $1,097,000 | $1,097,000 | 272 | |||
| Lake Village | 10 | $4,587,000 | $458,700 | $432,000 | 255 | |||
| Round Hill | 13 | $13,212,999 | $1,016,385 | $749,000 | 402 | |||
| Elk Point | 2 | $3,840,000 | $1,920,000 | $1,920,000 | 108 | |||
| Pinewild/Marla | 7 | $6,759,554 | $965,651 | $647,777 | 350 | |||
| Zephyr Heights/Knolls | 6 | $6,877,000 | $1,146,167 | $1,022,000 | 415 | |||
| Zephyr Cove | 2 | $4,299,900 | $2,149,950 | $2,149,950 | 447 | |||
| Skyland/Tall Pn/Snug Harbor | 10 | $10,136,000 | $1,013,600 | $1,081,500 | 199 | |||
| Hidden Woods | 2 | $3,770,000 | $1,885,000 | $1,885,000 | 178 | |||
| Upper & Lower Lakeridge - LT | 5 | $5,013,500 | $1,002,700 | $1,095,000 | 319 | |||
| Cave Rock | 9 | $20,852,000 | $2,316,889 | $2,550,000 | 518 | |||
| Logan/Cedarbrok | 3 | $8,089,000 | $2,696,333 | $2,399,000 | 824 | |||
| Glenbrk/Uppaway | 17 | $73,580,500 | $4,328,265 | $4,495,000 | 287 | |||
| Lakefront Propt | 18 | $202,222,500 | $11,234,583 | $4,972,500 | 404 | |||
| Sub Total | 158 | $399,499,353 | $2,528,477 | $1,097,000 | 336 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $129,900 | $129,900 | $129,900 | 2 | |||
| Round Hill | 1 | $500,000 | $500,000 | $500,000 | 2 | |||
| Glenbrk/Uppaway | 1 | $3,550,000 | $3,550,000 | $3,550,000 | 1 | |||
| Sub Total | 3 | $4,179,900 | $1,393,300 | $500,000 | 2 | |||
| Back On Market | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Upper Kingsbury | 1 | $425,000 | $425,000 | $425,000 | 542 | |||
| Sub Total | 1 | $425,000 | $425,000 | $425,000 | 542 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Mid Kingsbury | 1 | $399,000 | $399,000 | $399,000 | 160 | |||
| Zephyr Heights/Knolls | 1 | $419,000 | $419,000 | $419,000 | 382 | |||
| Skyland/Tall Pn/Snug Harbor | 1 | $1,100,000 | $1,100,000 | $1,100,000 | 657 | |||
| Upper & Lower Lakeridge - LT | 1 | $995,000 | $995,000 | $995,000 | 2 | |||
| Sub Total | 4 | $2,913,000 | $728,250 | $707,000 | 300 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $399,000 | $399,000 | $399,000 | 124 | |||
| Round Hill | 1 | $1,850,000 | $1,850,000 | $1,850,000 | 332 | |||
| Lakefront Propt | 1 | $6,495,000 | $6,495,000 | $6,495,000 | 901 | |||
| Sub Total | 3 | $8,744,000 | $2,914,667 | $1,850,000 | 452 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 1 | $209,900 | $209,900 | $209,900 | 131 | |||
| Upper Kingsbury | 2 | $623,900 | $311,950 | $311,950 | 110 | |||
| Lower Kingsbury | 1 | $475,000 | $475,000 | $475,000 | 110 | |||
| Lake Village | 1 | $249,900 | $249,900 | $249,900 | 48 | |||
| Round Hill | 3 | $2,274,997 | $758,332 | $499,000 | 142 | |||
| Zephyr Heights/Knolls | 2 | $1,289,000 | $644,500 | $644,500 | 468 | |||
| Skyland/Tall Pn/Snug Harbor | 1 | $595,000 | $595,000 | $595,000 | 99 | |||
| Cave Rock | 1 | $798,000 | $798,000 | $798,000 | 159 | |||
| Glenbrk/Uppaway | 1 | $1,050,000 | $1,050,000 | $1,050,000 | 584 | |||
| Sub Total | 13 | $7,565,697 | $581,977 | $499,000 | 209 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $498,900 | $249,450 | $249,450 | 397 | |||
| Upper Kingsbury | 4 | $3,209,800 | $802,450 | $364,950 | 207 | |||
| Mid Kingsbury | 2 | $830,000 | $415,000 | $415,000 | 291 | |||
| Lower Kingsbury | 1 | $239,000 | $239,000 | $239,000 | 89 | |||
| Kahle Park | 1 | $279,000 | $279,000 | $279,000 | 298 | |||
| Lake Village | 1 | $279,000 | $279,000 | $279,000 | 50 | |||
| Round Hill | 1 | $425,000 | $425,000 | $425,000 | 96 | |||
| Pinewild/Marla | 1 | $425,000 | $425,000 | $425,000 | 219 | |||
| Cave Rock | 1 | $1,395,000 | $1,395,000 | $1,395,000 | 210 | |||
| Lakefront Propt | 1 | $2,250,000 | $2,250,000 | $2,250,000 | 597 | |||
| Sub Total | 15 | $9,830,700 | $655,380 | $335,000 | 251 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 30 | $6,236,350 | $207,878 | $180,250 | 209 | |||
| Upper Kingsbury | 16 | $9,474,810 | $592,176 | $379,000 | 156 | |||
| Mid Kingsbury | 8 | $8,231,386 | $1,028,923 | $791,500 | 313 | |||
| Lower Kingsbury | 10 | $4,535,800 | $453,580 | $345,000 | 109 | |||
| Kahle Park | 1 | $181,900 | $181,900 | $181,900 | 34 | |||
| Lake Village | 9 | $3,252,000 | $361,333 | $290,000 | 130 | |||
| Round Hill | 10 | $5,668,999 | $566,900 | $547,500 | 97 | |||
| Elk Point | 1 | $715,000 | $715,000 | $715,000 | 102 | |||
| Pinewild/Marla | 5 | $2,530,000 | $506,000 | $500,000 | 207 | |||
| Zephyr Heights/Knolls | 9 | $4,009,800 | $445,533 | $450,000 | 129 | |||
| Zephyr Cove | 2 | $1,225,000 | $612,500 | $612,500 | 78 | |||
| Skyland/Tall Pn/Snug Harbor | 7 | $4,988,500 | $712,643 | $756,000 | 170 | |||
| Hidden Woods | 2 | $3,515,000 | $1,757,500 | $1,757,500 | 565 | |||
| Upper & Lower Lakeridge - LT | 2 | $1,701,900 | $850,950 | $850,950 | 41 | |||
| Cave Rock | 5 | $2,997,221 | $599,444 | $455,000 | 337 | |||
| Glenbrk/Uppaway | 4 | $8,450,000 | $2,112,500 | $1,925,000 | 266 | |||
| Lakefront Propt | 7 | $32,525,000 | $4,646,429 | $4,225,000 | 469 | |||
| Sub Total | 128 | $100,238,666 | $783,115 | $412,500 | 199 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| Summit/Tahoe VL | 2 | $258,800 | $129,400 | $129,400 | 26 | |||
| Sub Total | 2 | $258,800 | $129,400 | $129,400 | 26 | |||
