Weekly Market Report As Of Dec. 22nd, 2008
December 22, 2008
What you are looking at below are charts and numbers derived from the Northern Nevada Regional Multiple Listing Service for Single Family Homes only for the East Shore. The reason that I use this segment of the market is that it has the most influence on the general value trends.
Little change for the East shore of Lake Tahoe, Nevada. There is one less Active listing with 142 Single Family Homes on the market, and 8 Pending sales. Since December 1st, 2008, the Average Sale is $1,530,000, the Median Sale is $765,000 and the Days On Market(DOM) is 587 days. See the charts below for more information which is broken down into price bands.
| Status | Class | Type | Price Range | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| ACTIVE | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $295,000 – $299,999 | 1 | $299,900 | $299,900 | $299,900 | 114 | |||
| $325,000 – $329,999 | 1 | $329,900 | $329,900 | $329,900 | 55 | |||
| $330,000 – $334,999 | 1 | $332,500 | $332,500 | $332,500 | 14 | |||
| $395,000 – $399,999 | 2 | $798,900 | $399,450 | $399,450 | 102 | |||
| $405,000 – $409,999 | 1 | $405,000 | $405,000 | $405,000 | 95 | |||
| $425,000 – $429,999 | 1 | $429,000 | $429,000 | $429,000 | 91 | |||
| $445,000 – $449,999 | 1 | $449,000 | $449,000 | $449,000 | 52 | |||
| $450,000 – $454,999 | 1 | $450,000 | $450,000 | $450,000 | 55 | |||
| $465,000 – $469,999 | 1 | $465,000 | $465,000 | $465,000 | 663 | |||
| $475,000 – $479,999 | 3 | $1,433,000 | $477,667 | $479,000 | 366 | |||
| $500,000 – $504,999 | 2 | $1,000,000 | $500,000 | $500,000 | 68 | |||
| $545,000 – $549,999 | 1 | $549,900 | $549,900 | $549,900 | 72 | |||
| $550,000 – $554,999 | 1 | $550,000 | $550,000 | $550,000 | 232 | |||
| $555,000 – $559,999 | 1 | $555,000 | $555,000 | $555,000 | 254 | |||
| $560,000 – $564,999 | 1 | $560,900 | $560,900 | $560,900 | 60 | |||
| $570,000 – $574,999 | 1 | $574,900 | $574,900 | $574,900 | 33 | |||
| $585,000 – $589,999 | 4 | $2,348,000 | $587,000 | $587,000 | 116 | |||
| $595,000 – $599,999 | 4 | $2,388,000 | $597,000 | $597,000 | 242 | |||
| $635,000 – $639,999 | 2 | $1,278,000 | $639,000 | $639,000 | 149 | |||
| $645,000 – $649,999 | 1 | $645,000 | $645,000 | $645,000 | 259 | |||
| $685,000 – $689,999 | 1 | $689,500 | $689,500 | $689,500 | 143 | |||
| $695,000 – $699,999 | 4 | $2,792,000 | $698,000 | $699,000 | 356 | |||
| $715,000 – $719,999 | 2 | $1,434,000 | $717,000 | $717,000 | 158 | |||
| $725,000 – $729,999 | 1 | $725,000 | $725,000 | $725,000 | 95 | |||
| $745,000 – $749,999 | 1 | $749,000 | $749,000 | $749,000 | 162 | |||
| $750,000 – $754,999 | 2 | $1,500,000 | $750,000 | $750,000 | 151 | |||
| $795,000 – $799,999 | 1 | $795,057 | $795,057 | $795,057 | 564 | |||
| $845,000 – $849,999 | 2 | $1,694,999 | $847,500 | $847,500 | 89 | |||
| $975,000 – $979,999 | 1 | $975,000 | $975,000 | $975,000 | 178 | |||
| $990,000 – $994,999 | 1 | $990,000 | $990,000 | $990,000 | 172 | |||
| $995,000 – $999,999 | 3 | $2,985,000 | $995,000 | $995,000 | 564 | |||
| $1,050,000 – $1,054,999 | 1 | $1,050,000 | $1,050,000 | $1,050,000 | 75 | |||
| $1,085,000 – $1,089,999 | 1 | $1,088,000 | $1,088,000 | $1,088,000 | 99 | |||
| $1,090,000 – $1,094,999 | 2 | $2,180,000 | $1,090,000 | $1,090,000 | 356 | |||
| $1,095,000 – $1,099,999 | 4 | $4,384,000 | $1,096,000 | $1,095,000 | 334 | |||
| $1,145,000 – $1,149,999 | 1 | $1,145,000 | $1,145,000 | $1,145,000 | 126 | |||
| $1,195,000 – $1,199,999 | 1 | $1,195,000 | $1,195,000 | $1,195,000 | 461 | |||
| $1,200,000 – $1,204,999 | 1 | $1,200,000 | $1,200,000 | $1,200,000 | 511 | |||
| $1,245,000 – $1,249,999 | 2 | $2,498,000 | $1,249,000 | $1,249,000 | 220 | |||
| $1,250,000 – $1,254,999 | 1 | $1,250,000 | $1,250,000 | $1,250,000 | 218 | |||
| $1,295,000 – $1,299,999 | 2 | $2,590,000 | $1,295,000 | $1,295,000 | 295 | |||
| $1,385,000 – $1,389,999 | 1 | $1,385,000 | $1,385,000 | $1,385,000 | 493 | |||
| $1,395,000 – $1,399,999 | 1 | $1,399,000 | $1,399,000 | $1,399,000 | 161 | |||
| $1,445,000 – $1,449,999 | 1 | $1,449,000 | $1,449,000 | $1,449,000 | 39 | |||
| $1,495,000 – $1,499,999 | 2 | $2,994,000 | $1,497,000 | $1,497,000 | 378 | |||
| $1,595,000 – $1,599,999 | 1 | $1,595,000 | $1,595,000 | $1,595,000 | 237 | |||
| $1,600,000 – $1,604,999 | 1 | $1,600,000 | $1,600,000 | $1,600,000 | 37 | |||
| $1,650,000 – $1,654,999 | 1 | $1,650,000 | $1,650,000 | $1,650,000 | 266 | |||
| $1,750,000 – $1,754,999 | 1 | $1,750,000 | $1,750,000 | $1,750,000 | 156 | |||
| $1,785,000 – $1,789,999 | 1 | $1,785,000 | $1,785,000 | $1,785,000 | 172 | |||
| $1,795,000 – $1,799,999 | 4 | $7,180,000 | $1,795,000 | $1,795,000 | 290 | |||
| $1,975,000 – $1,979,999 | 1 | $1,975,000 | $1,975,000 | $1,975,000 | 144 | |||
| $1,995,000 – $1,999,999 | 3 | $5,985,000 | $1,995,000 | $1,995,000 | 173 | |||
| $2,100,000 – $2,104,999 | 2 | $4,200,000 | $2,100,000 | $2,100,000 | 550 | |||
| $2,195,000 – $2,199,999 | 1 | $2,195,000 | $2,195,000 | $2,195,000 | 346 | |||
| $2,275,000 – $2,279,999 | 1 | $2,275,000 | $2,275,000 | $2,275,000 | 389 | |||
| $2,295,000 – $2,299,999 | 2 | $4,590,000 | $2,295,000 | $2,295,000 | 203 | |||
| $2,300,000 – $2,304,999 | 1 | $2,300,000 | $2,300,000 | $2,300,000 | 192 | |||
| $2,345,000 – $2,349,999 | 1 | $2,345,000 | $2,345,000 | $2,345,000 | 223 | |||
| $2,450,000 – $2,454,999 | 2 | $4,900,000 | $2,450,000 | $2,450,000 | 133 | |||
| $2,455,000 – $2,459,999 | 1 | $2,459,000 | $2,459,000 | $2,459,000 | 175 | |||
| $2,495,000 – $2,499,999 | 2 | $4,990,000 | $2,495,000 | $2,495,000 | 113 | |||
| $2,550,000 – $2,554,999 | 1 | $2,550,000 | $2,550,000 | $2,550,000 | 645 | |||
| $2,580,000 – $2,584,999 | 1 | $2,580,000 | $2,580,000 | $2,580,000 | 165 | |||
| $2,700,000 – $2,704,999 | 1 | $2,700,000 | $2,700,000 | $2,700,000 | 112 | |||
| $2,750,000 – $2,754,999 | 2 | $5,500,000 | $2,750,000 | $2,750,000 | 339 | |||
| $2,795,000 – $2,799,999 | 2 | $5,593,000 | $2,796,500 | $2,796,500 | 467 | |||
| $2,850,000 – $2,854,999 | 1 | $2,850,000 | $2,850,000 | $2,850,000 | 648 | |||
| $2,995,000 – $2,999,999 | 1 | $2,995,000 | $2,995,000 | $2,995,000 | 1158 | |||
| $3,390,000 – $3,394,999 | 1 | $3,394,000 | $3,394,000 | $3,394,000 | 287 | |||
| $3,495,000 – $3,499,999 | 1 | $3,495,000 | $3,495,000 | $3,495,000 | 208 | |||
| $3,800,000 – $3,804,999 | 1 | $3,800,000 | $3,800,000 | $3,800,000 | 461 | |||
| $3,895,000 – $3,899,999 | 1 | $3,899,900 | $3,899,900 | $3,899,900 | 498 | |||
| $3,995,000 – $3,999,999 | 2 | $7,994,999 | $3,997,500 | $3,997,500 | 154 | |||
| $4,495,000 – $4,499,999 | 3 | $13,485,000 | $4,495,000 | $4,495,000 | 396 | |||
| $4,750,000 – $4,754,999 | 1 | $4,750,000 | $4,750,000 | $4,750,000 | 34 | |||
| $4,950,000 – $4,954,999 | 2 | $9,900,000 | $4,950,000 | $4,950,000 | 402 | |||
| $5,250,000 – $5,254,999 | 1 | $5,250,000 | $5,250,000 | $5,250,000 | 572 | |||
| $5,400,000 – $5,404,999 | 1 | $5,400,000 | $5,400,000 | $5,400,000 | 243 | |||
| $5,500,000 – $5,504,999 | 2 | $11,000,000 | $5,500,000 | $5,500,000 | 474 | |||
| $5,595,000 – $5,599,999 | 1 | $5,595,000 | $5,595,000 | $5,595,000 | 216 | |||
| $5,895,000 – $5,899,999 | 1 | $5,895,000 | $5,895,000 | $5,895,000 | 68 | |||
| $5,950,000 – $5,954,999 | 1 | $5,950,000 | $5,950,000 | $5,950,000 | 116 | |||
| $5,995,000 – $5,999,999 | 4 | $23,980,000 | $5,995,000 | $5,995,000 | 387 | |||
| $6,250,000 – $6,254,999 | 1 | $6,250,000 | $6,250,000 | $6,250,000 | 968 | |||
| $6,500,000 – $6,504,999 | 1 | $6,500,000 | $6,500,000 | $6,500,000 | 32 | |||
| $7,495,000 – $7,499,999 | 1 | $7,495,000 | $7,495,000 | $7,495,000 | 535 | |||
| $7,750,000 – $7,754,999 | 1 | $7,750,000 | $7,750,000 | $7,750,000 | 40 | |||
| $9,495,000 – $9,499,999 | 1 | $9,495,000 | $9,495,000 | $9,495,000 | 553 | |||
| $11,250,000 – $11,254,999 | 1 | $11,250,000 | $11,250,000 | $11,250,000 | 497 | |||
| $32,500,000 – $32,504,999 | 1 | $32,500,000 | $32,500,000 | $32,500,000 | 63 | |||
| $100,000,000 – $100,004,999 | 1 | $100,000,000 | $100,000,000 | $100,000,000 | 822 | |||
| Sub Total | 137 | $430,549,355 | $3,142,696 | $1,449,000 | 276 | |||
| New | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $545,000 – $549,999 | 1 | $549,900 | $549,900 | $549,900 | 5 | |||
| $1,750,000 – $1,754,999 | 1 | $1,750,000 | $1,750,000 | $1,750,000 | 3 | |||
| $1,900,000 – $1,904,999 | 1 | $1,900,000 | $1,900,000 | $1,900,000 | 4 | |||
| Sub Total | 3 | $4,199,900 | $1,399,967 | $1,750,000 | 4 | |||
| Price Reduced | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $495,000 – $499,999 | 1 | $495,000 | $495,000 | $495,000 | 549 | |||
| $1,490,000 – $1,494,999 | 1 | $1,492,000 | $1,492,000 | $1,492,000 | 104 | |||
| Sub Total | 2 | $1,987,000 | $993,500 | $993,500 | 327 | |||
| Active/Pending-Call | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $410,000 – $414,999 | 1 | $412,500 | $412,500 | $412,500 | 49 | |||
| $625,000 – $629,999 | 1 | $629,900 | $629,900 | $629,900 | 81 | |||
| $4,995,000 – $4,999,999 | 1 | $4,995,000 | $4,995,000 | $4,995,000 | 247 | |||
| Sub Total | 3 | $6,037,400 | $2,012,467 | $629,900 | 126 | |||
| Active/Pending-Loan | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $775,000 – $779,999 | 1 | $775,000 | $775,000 | $775,000 | 31 | |||
| $795,000 – $799,999 | 1 | $799,000 | $799,000 | $799,000 | 67 | |||
| Sub Total | 2 | $1,574,000 | $787,000 | $787,000 | 49 | |||
| Active/Pending-Short Sale | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $445,000 – $449,999 | 1 | $445,000 | $445,000 | $445,000 | 385 | |||
| $1,495,000 – $1,499,999 | 1 | $1,495,000 | $1,495,000 | $1,495,000 | 117 | |||
| Sub Total | 2 | $1,940,000 | $970,000 | $970,000 | 251 | |||
| SOLD | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $580,000 – $584,999 | 1 | $580,000 | $580,000 | $580,000 | 81 | |||
| $950,000 – $954,999 | 1 | $950,000 | $950,000 | $950,000 | 1093 | |||
| Sub Total | 2 | $1,530,000 | $765,000 | $765,000 | 587 | |||
| PENDING-No Show | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $1,995,000 – $1,999,999 | 1 | $1,995,000 | $1,995,000 | $1,995,000 | 433 | |||
| Sub Total | 1 | $1,995,000 | $1,995,000 | $1,995,000 | 433 | |||
| EXPIRED | ||||||||
| RESIDENTIAL | ||||||||
| Residential | ||||||||
| $560,000 – $564,999 | 1 | $563,299 | $563,299 | $563,299 | 152 | |||
| $725,000 – $729,999 | 1 | $729,500 | $729,500 | $729,500 | 123 | |||
| $875,000 – $879,999 | 1 | $875,000 | $875,000 | $875,000 | 116 | |||
| $885,000 – $889,999 | 1 | $885,000 | $885,000 | $885,000 | 135 | |||
| $995,000 – $999,999 | 1 | $995,000 | $995,000 | $995,000 | 155 | |||
| $2,595,000 – $2,599,999 | 1 | $2,595,000 | $2,595,000 | $2,595,000 | 365 | |||
| $5,900,000 – $5,904,999 | 1 | $5,900,000 | $5,900,000 | $5,900,000 | 196 | |||
| Sub Total | 7 | $12,542,799 | $1,791,828 | $885,000 | 177 | |||
| Grand Totals | 159 | $462,355,454 | $2,907,896 | $1,295,000 | 266 | |||
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