Weekly Statistics For Nevada East Shore As Of Dec 13th, 2008

December 21, 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. 

There has been little change in the market for the Lake Tahoe East Shore in Nevada.  The Active Listings has decreased slightly to 143 and the Pending Sales remain at 8 to give us a ratio of 5.29%.  The Sold Average for the year to date is at $1,190,198 and the Median is $630,000 with an average Days On Market (DOM) of 241.

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $325,000 - $329,999 1 $329,900 $329,900 $329,900 46
      $355,000 - $359,999 1 $357,500 $357,500 $357,500 105
      $395,000 - $399,999 2 $798,900 $399,450 $399,450 93
      $405,000 - $409,999 1 $405,000 $405,000 $405,000 86
      $425,000 - $429,999 1 $429,000 $429,000 $429,000 82
      $445,000 - $449,999 1 $449,000 $449,000 $449,000 43
      $465,000 - $469,999 1 $465,000 $465,000 $465,000 654
      $475,000 - $479,999 3 $1,433,000 $477,667 $479,000 357
      $500,000 - $504,999 2 $1,000,000 $500,000 $500,000 59
      $545,000 - $549,999 1 $549,900 $549,900 $549,900 63
      $550,000 - $554,999 1 $550,000 $550,000 $550,000 223
      $555,000 - $559,999 1 $555,000 $555,000 $555,000 245
      $585,000 - $589,999 4 $2,348,000 $587,000 $587,000 107
      $595,000 - $599,999 5 $2,987,900 $597,580 $599,000 191
      $635,000 - $639,999 2 $1,278,000 $639,000 $639,000 140
      $645,000 - $649,999 1 $645,000 $645,000 $645,000 250
      $685,000 - $689,999 1 $689,500 $689,500 $689,500 134
      $695,000 - $699,999 4 $2,792,000 $698,000 $699,000 347
      $715,000 - $719,999 2 $1,434,000 $717,000 $717,000 149
      $725,000 - $729,999 1 $725,000 $725,000 $725,000 86
      $745,000 - $749,999 1 $749,000 $749,000 $749,000 153
      $750,000 - $754,999 2 $1,500,000 $750,000 $750,000 142
      $795,000 - $799,999 1 $799,000 $799,000 $799,000 58
      $845,000 - $849,999 2 $1,694,999 $847,500 $847,500 80
      $875,000 - $879,999 1 $875,000 $875,000 $875,000 275
      $885,000 - $889,999 1 $885,000 $885,000 $885,000 126
      $975,000 - $979,999 1 $975,000 $975,000 $975,000 169
      $990,000 - $994,999 1 $990,000 $990,000 $990,000 163
      $995,000 - $999,999 2 $1,990,000 $995,000 $995,000 674
      $1,050,000 - $1,054,999 1 $1,050,000 $1,050,000 $1,050,000 66
      $1,085,000 - $1,089,999 1 $1,088,000 $1,088,000 $1,088,000 90
      $1,090,000 - $1,094,999 2 $2,180,000 $1,090,000 $1,090,000 347
      $1,095,000 - $1,099,999 3 $3,285,000 $1,095,000 $1,095,000 434
      $1,145,000 - $1,149,999 1 $1,145,000 $1,145,000 $1,145,000 117
      $1,195,000 - $1,199,999 1 $1,195,000 $1,195,000 $1,195,000 452
      $1,200,000 - $1,204,999 1 $1,200,000 $1,200,000 $1,200,000 502
      $1,245,000 - $1,249,999 2 $2,498,000 $1,249,000 $1,249,000 211
      $1,250,000 - $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 209
      $1,295,000 - $1,299,999 2 $2,590,000 $1,295,000 $1,295,000 286
      $1,385,000 - $1,389,999 1 $1,385,000 $1,385,000 $1,385,000 484
      $1,395,000 - $1,399,999 1 $1,399,000 $1,399,000 $1,399,000 152
      $1,445,000 - $1,449,999 1 $1,449,000 $1,449,000 $1,449,000 30
      $1,495,000 - $1,499,999 2 $2,994,000 $1,497,000 $1,497,000 369
      $1,595,000 - $1,599,999 1 $1,595,000 $1,595,000 $1,595,000 228
      $1,600,000 - $1,604,999 1 $1,600,000 $1,600,000 $1,600,000 28
      $1,650,000 - $1,654,999 2 $3,300,000 $1,650,000 $1,650,000 176
      $1,750,000 - $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 147
      $1,785,000 - $1,789,999 1 $1,785,000 $1,785,000 $1,785,000 163
      $1,795,000 - $1,799,999 4 $7,180,000 $1,795,000 $1,795,000 281
      $1,950,000 - $1,954,999 1 $1,950,000 $1,950,000 $1,950,000 540
      $1,975,000 - $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 135
      $1,995,000 - $1,999,999 3 $5,985,000 $1,995,000 $1,995,000 164
      $2,100,000 - $2,104,999 2 $4,200,000 $2,100,000 $2,100,000 541
      $2,195,000 - $2,199,999 1 $2,195,000 $2,195,000 $2,195,000 337
      $2,275,000 - $2,279,999 1 $2,275,000 $2,275,000 $2,275,000 380
      $2,295,000 - $2,299,999 2 $4,590,000 $2,295,000 $2,295,000 194
      $2,300,000 - $2,304,999 1 $2,300,000 $2,300,000 $2,300,000 183
      $2,345,000 - $2,349,999 1 $2,345,000 $2,345,000 $2,345,000 214
      $2,450,000 - $2,454,999 2 $4,900,000 $2,450,000 $2,450,000 124
      $2,455,000 - $2,459,999 1 $2,459,000 $2,459,000 $2,459,000 166
      $2,495,000 - $2,499,999 2 $4,990,000 $2,495,000 $2,495,000 104
      $2,550,000 - $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 636
      $2,580,000 - $2,584,999 1 $2,580,000 $2,580,000 $2,580,000 156
      $2,595,000 - $2,599,999 1 $2,595,000 $2,595,000 $2,595,000 362
      $2,700,000 - $2,704,999 1 $2,700,000 $2,700,000 $2,700,000 103
      $2,750,000 - $2,754,999 2 $5,500,000 $2,750,000 $2,750,000 330
      $2,795,000 - $2,799,999 2 $5,593,000 $2,796,500 $2,796,500 458
      $2,850,000 - $2,854,999 1 $2,850,000 $2,850,000 $2,850,000 639
      $3,390,000 - $3,394,999 1 $3,394,000 $3,394,000 $3,394,000 278
      $3,495,000 - $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 199
      $3,800,000 - $3,804,999 1 $3,800,000 $3,800,000 $3,800,000 452
      $3,895,000 - $3,899,999 1 $3,899,900 $3,899,900 $3,899,900 489
      $3,995,000 - $3,999,999 2 $7,994,999 $3,997,500 $3,997,500 145
      $4,495,000 - $4,499,999 1 $4,495,000 $4,495,000 $4,495,000 163
      $4,750,000 - $4,754,999 1 $4,750,000 $4,750,000 $4,750,000 25
      $4,950,000 - $4,954,999 1 $4,950,000 $4,950,000 $4,950,000 246
      $4,995,000 - $4,999,999 1 $4,995,000 $4,995,000 $4,995,000 236
      $5,250,000 - $5,254,999 1 $5,250,000 $5,250,000 $5,250,000 563
      $5,400,000 - $5,404,999 1 $5,400,000 $5,400,000 $5,400,000 234
      $5,500,000 - $5,504,999 2 $11,000,000 $5,500,000 $5,500,000 465
      $5,595,000 - $5,599,999 1 $5,595,000 $5,595,000 $5,595,000 207
      $5,895,000 - $5,899,999 1 $5,895,000 $5,895,000 $5,895,000 59
      $5,950,000 - $5,954,999 1 $5,950,000 $5,950,000 $5,950,000 107
      $5,995,000 - $5,999,999 4 $23,980,000 $5,995,000 $5,995,000 378
      $6,500,000 - $6,504,999 1 $6,500,000 $6,500,000 $6,500,000 23
      $7,495,000 - $7,499,999 1 $7,495,000 $7,495,000 $7,495,000 526
      $7,750,000 - $7,754,999 1 $7,750,000 $7,750,000 $7,750,000 31
      $9,495,000 - $9,499,999 1 $9,495,000 $9,495,000 $9,495,000 544
      $11,250,000 - $11,254,999 1 $11,250,000 $11,250,000 $11,250,000 488
      $32,500,000 - $32,504,999 1 $32,500,000 $32,500,000 $32,500,000 54
      $100,000,000 - $100,004,999 1 $100,000,000 $100,000,000 $100,000,000 813
      Sub Total 133 $416,963,498 $3,135,064 $1,495,000 253
New                
  RESIDENTIAL              
    Residential            
      $330,000 - $334,999 1 $332,500 $332,500 $332,500 5
      $2,450,000 - $2,454,999 1 $2,450,000 $2,450,000 $2,450,000 3
      Sub Total 2 $2,782,500 $1,391,250 $1,391,250 4
Back On Market                
  RESIDENTIAL              
    Residential            
      $2,995,000 - $2,999,999 1 $2,995,000 $2,995,000 $2,995,000 1149
      Sub Total 1 $2,995,000 $2,995,000 $2,995,000 1149
Extended                
  RESIDENTIAL              
    Residential            
      $560,000 - $564,999 1 $560,900 $560,900 $560,900 51
      $4,495,000 - $4,499,999 1 $4,495,000 $4,495,000 $4,495,000 762
      Sub Total 2 $5,055,900 $2,527,950 $2,527,950 407
Price Reduced                
  RESIDENTIAL              
    Residential            
      $450,000 - $454,999 1 $450,000 $450,000 $450,000 46
      $795,000 - $799,999 1 $795,057 $795,057 $795,057 555
      $995,000 - $999,999 1 $995,000 $995,000 $995,000 317
      $4,950,000 - $4,954,999 1 $4,950,000 $4,950,000 $4,950,000 540
      $6,250,000 - $6,254,999 1 $6,250,000 $6,250,000 $6,250,000 959
      Sub Total 5 $13,440,057 $2,688,011 $995,000 483
                 
Grand Totals 143 $441,236,955 $3,085,573 $1,495,000 266

 

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $410,000 - $414,999 1 $412,500 $412,500 $412,500 40
      $625,000 - $629,999 1 $629,900 $629,900 $629,900 72
      $4,995,000 - $4,999,999 1 $4,995,000 $4,995,000 $4,995,000 238
      Sub Total 3 $6,037,400 $2,012,467 $629,900 117
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $775,000 - $779,999 1 $775,000 $775,000 $775,000 22
      Sub Total 1 $775,000 $775,000 $775,000 22
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $445,000 - $449,999 1 $445,000 $445,000 $445,000 376
      $1,495,000 - $1,499,999 1 $1,495,000 $1,495,000 $1,495,000 108
      Sub Total 2 $1,940,000 $970,000 $970,000 242
PENDING-No Show                
  RESIDENTIAL              
    Residential            
      $400,000 - $404,999 1 $400,000 $400,000 $400,000 79
      $1,995,000 - $1,999,999 1 $1,995,000 $1,995,000 $1,995,000 424
      Sub Total 2 $2,395,000 $1,197,500 $1,197,500 252
                 
Grand Totals 8 $11,147,400 $1,393,425 $702,450 170

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