Reno Foreclosure Blog

Market area: Reno, NV. – Cold Springs

Appraised property located on James Dean Ct

Search parameters:

1 story homes

Gross Living Area:  1,205 SF to 1,473 SF

Age: 1987 to 2007

Current median price = $89,000

Median price from 6/15/05 to 6/15/06   =  $270,500

Percent decline  =   67%

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 8/5/2011

Base/List Date/Current: 8/5/2011

Foreclosures                         =     14    

Short Sales                           =     12

Arms lengths                         =     1

Total Sales last 12 months     =     27

Percent Special Conditions       =          96%

Percent Short Sales                  =          44%

            Median $          =          $99,900

            Hi $                  =          $125,000

CURRENT LISTINGS  =  17   Median days on market = 105

Foreclosures                        =   4         

Short Sales                          =   10

Arms length                         =   3

Percent Special Condition         =          82%

Percent Short Sales                  =          59%

Median $          =          $91,900

Hi $                  =          $164,800

Low $              =          $74,000

Total # of Comparable Active Listings for (Current – 3 Months) is the number as of 8/5/2011 = 17