Reno Foreclosure Blog

Market area: Reno, NV. –  Somersett

Appraised property located on Golfwood Ct

Search parameters:

2 story homes

Gross Living Area:  4297 SF to 7161 SF

Age: 2000 to 2010

Current median price = $565,000

Median price from 6/15/06 to 6/15/07   =  $1,100,000

Percent decline  =   49%

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 7/3/2010

Base/List Date/Current: 7/3/2010

Foreclosures                        =     3      

Short Sales                          =     1

Arms lengths                       =     11

Total Sales last 12 months   =     15

Percent Special Conditions     =          27%

            Median $         =          $580,000

            Hi $                 =          $808,880

CURRENT LISTINGS  =  10

 Median days on market = 241

Foreclosures                       =   2         

Short Sales                         =   3

Arms length                        =   5

Percent Special Condition      =          50%

Median $         =          $566,497

Hi $                 =          $1,375,000

Low $              =          $460,000