Reno Foreclosure Blog

Market area: Reno, NV. – Stead

Appraised property located on Autumn Leaf Way

Search parameters:

1 story homes

Gross Living Area:  1,328 SF to 1,624 SF

Age: 1992 to 2011

Current median price = $104,500

Median price from 6/15/05 to 6/15/06   =  $294,000

Percent decline  =   65%

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 8/26/2011

Base/List Date/Current: 8/26/2011

Foreclosures                         =     20    

Short Sales                           =     18

Arms lengths                         =     6

Total Sales last 12 months     =     44

Percent Special Conditions       =          86%

Percent Short Sales                  =          41%

            Median $          =          $117,250        

            Hi $                  =          $142,000

CURRENT LISTINGS  =  17   Median days on market = 74

Foreclosures                        =   3         

Short Sales                          =   14

Arms length                         =   0

Percent Special Condition         =          100%

Percent Short Sales                  =          82%

Median $          =          $99,950          

Hi $                  =          $125,900

Low $              =          $87,000

Total # of Comparable Active Listings for (Current – 3 Months) is the number as of 8/26/2011 = 17