Reno Foreclosure Blog

Market area: Reno, NV. – Stead

Appraised property located on Sunset Breeze

Search parameters:

2 story Twin homes

Gross Living Area:  1146 SF to 1910 SF

Age: 1995 to 2010

Current median price = $102,000

Median price from 6/15/05 to 6/15/06   =  $225,000

Percent decline  =   55%

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 6/17/2010

Base/List Date/Current: 6/17/2010

Foreclosures                        =     13    

Short Sales                          =     6

Arms lengths                        =     0

Total Sales last 12 months    =     19

Percent Special Conditions      =          100%

Percent Short Sales                 =          32%

            Median $         =          $100,000

            Hi $                 =          $120,000

CURRENT LISTINGS  =  12   Median days on market = 120

Foreclosures                       =   1         

Short Sales                         =   11

Arms length                        =   0

Percent Special Condition       =          100%

Percent Short Sales                 =          92%

Median $         =          $105,500

Hi $                 =          $144,000

Low $              =          $99,000