Reno Foreclosure Blog

Market area: Washoe Valley, NV.

Appraised property located on White Pine Dr

Search parameters:

All Sales within Washoe Valley

Excluding extreme high and low

 

Current median price = $222,500

Median price from 6/15/05 to 6/15/06   =  $392,500

Percent decline  =   43%

 

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 5/14/2010

Base/List Date/Current: 5/14/2010

Inventory Analysis

Prior 7 - 12 Months

Prior 4 - 6 Months

Current - 3 Months

Total # of Comparable Sales (Settled)

12

6

8

Absorption Rate (Total Sales/Months)

2

2

2.67

Total # of Comparable Active Listings

22

11

NA

Months of Housing Supply (Total Listings/Ab.Rate)

11

5.50

NA

Median Sale & ListPrice, DOM, Sale/List%

Prior 7 - 12 Months

Prior 4 - 6 Months

Current - 3 Months

Median Comparable Sale Price

$224,750.00

$290,150.00

$222,500.00

Median Comparable Sales Days on Market

71

126

98

Median Comparable List Price

$256,500.00

$299,000.00

$239,450.00

Median Comparable Listings Days on Market

113

172

NA

Median Sale Price as % of List Price

88%

97%

93%

 

Foreclosures                        =     16    

Short Sales                          =     8

Arms lengths                        =     2

Total Sales last 12 months    =     26

 

Percent Special Conditions      =          92%

Percent Short Sales                 =          31%

           

            Median            =          $232,450

            Hi                    =          $375,000

            Low                 =          $120,000

 

CURRENT LISTINGS  =  20   Median days on market = 117

 

Foreclosures                       =   3         

Short Sales                         =   9

Arms length                        =   8

 

Percent Special Condition       =          60%

Percent Short Sales                 =          45%

 

Median $         =          $231,500

Hi $                 =          $499,000

Low $              =          $139,900


Posted by David Lysne on May 16th, 2010 5:35 PMPost a Comment (0)

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