Northstar Sales Statistics
2007 vs 2006

Northstar Homes - Average Sale Statistics 2007 vs 2006

  Ave. Original
Ask Price
Ave. Current
Ask Price
Ave. Sold
Price
% of
Asking
% of
Orig Ask
Ave.
Beds
Ave.
Bath
Ave.
Size (SqFt)
Gar Ave.
$/SqFt
Year Ave.
DOM
2007 Averages $1,783,643 $1,708,357 $1,589,000 93.0% 89.1% 3.9 3.6 3035 1.86 $523.62 1991 170
2006 Averages $1,427,111 $1,375,722 $1,276,778 92.8% 89.5% 3.9 3.4 2702 1.94 $472.49 1991 98
2007 % Change 125.0% 124.2% 124.5% - - - - 112.3%   110.8% - 173.2%
 
  • The average price of homes sold up 24.5% over 2006
  • Price per Sq. Ft. of homes sold is also up by 10.8%.
  • Days on market has lengthened from 98 to 170 days on average, an increase of 73.2%.
Northstar Homes - Sales Volume 2007 vs 2006
  Total Orig
Ask Price
Total Current
Ask Price
Total
Sold Price
% of
Ask Price
% of Orig
Ask Price

Beds

Bath

Size (SqFt)
Gar Ave.
$/SqFt
Year Ave.
DOM
  2007 - 21 Homes Sold $37,456,500 $35,875,500 $33,369,000 93.0% 89.1% - - - - - - -
  2006 - 18 Homes Sold $25,688,000 $24,763,000 $22,982,000 92.8% 89.5% - - - - - - -

2007 % Change

145.8% 144.9% 145.2% - - - - - - - - -
  • Home Sales volume is up 45.2% ($10,387,000) in 2007 over 2006
  • Number of homes sold is up from 18 in 2006 to 21 for 2007, an increase of 16%

Northstar Original Condominiums - Average Sale Statistics 2007 vs 2006

  Ave. Original
Ask Price
Ave. Current
Ask Price
Ave. Sold
Price
% of
Asking
% of
Orig Ask
Ave.
Beds
Ave.
Bath
Ave.
Size (SqFt)
Gar Ave.
$/SqFt
Year Ave.
DOM
2007 Averages $557,240 $534,736 $510,020 95.4% 91.5% 2.1 1.8 1003 0.0 $508.27 1975 127
2006 Averages $538,875 $512,550 $491,150 95.8% 91.1% 1.7 1.6 867 0.0 $566.76 1974 87
2007 % Change 103.4% 104.3% 103.8% - - - - 115.8%   89.7% - 146.0%
  • The average price of a condo sold is up by 3.8% in 2007
  • Price per Sq. Ft. of condos sold is down 10.3%, from $566/Sq.Ft. in 2006 to $508/Sq. Ft. in 2007
  • Days on market has increased 46% from 87 to 127 in 2007
Northstar Original Condominium - Sales Volume 2007 vs 2006
  Total Orig
Ask Price
Total Current
Ask Price
Total
Sold Price
% of
Ask Price
% of Orig
Ask Price
Beds Bath Size (SqFt) Gar $/SqFt Year DOM
  2007 - 25 Condos Sold $13,931,000 $13,368,400 $12,750,500 95.4% 91.5% - - - - - - -
 2006 - 20 Condos Sold $10,777,500 $10,251,000 $9,823,000 95.8% 91.1% - - - - - - -

2007 % Change

129.3% 130.4% 129.8% - - - - - - - - -
  • Original Condominium Sales volume is up 29.8% in 2007
  • Number of Condos sold is up 25% from 20 in 2006 to 25 in 2007

Northstar New Village Condominiums - Average Sale Statistics 2007 vs 2006

  Ave. Original
Ask Price
Ave. Current
Ask Price
Ave. Sold
Price
% of
Asking
% of
Orig Ask
Ave.
Beds
Ave.
Bath
Ave.
Size (SqFt)
Gar Ave.
$/SqFt
Year Ave.
DOM
2007 Averages $1,620,236 $1,612,123 $1,485,446 92.1% 91.7% 2.2 2.4 1501 1.1 $989.64 2006 272
2006 Averages $2,012,643 $2,027,255 $1,914,578 94.4% 95.1% 2.9 2.9 1940 1.0 $986.86 2005 213
2007 % Change 80.5% 79.5% 77.6% 97.6% 96.4% - - 77.4%   100.3% - 127.7%
  • The average price of a new village condo sold is down 19.5%.
  • Price per Sq. Ft. of New Village Condos sold remained approximately the same (up 0.3%)
  • Days on market has increased from 213 to 272, an increase of 27.7%.
Northstar New Village Condominium - Sales Volume 2007 vs 2006
  Total Orig
Ask Price
Total Current
Ask Price
Total
Sold Price
% of
Ask Price
% of Orig
Ask Price
Beds Bath Size (SqFt) Gar $/SqFt Year DOM
  2007 - 53 Condos Sold $85,872,500 $85,442,500 $78,728,628 92.1% 91.7% - - - - - - -
  2006 - 28 Condos Sold $56,354,000 $56,763,150 $53,608,187 94.4% 95.1% - - - - - - -
2007 % Change 152.4% 150.5% 146.9% - - - - - - - - -
  • New Village Sales volume is up 46.9% in 2007 
  • Number of Units sold is up from 28 in 2006 to 53 in 2007, an increase of 89.3%.

Information compiled from the Tahoe Sierra MLS - 01/06/07

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