Reno Foreclosure Blog

Market area: Incline Village, NV

Appraised Condo located on Tirol Dr

Search parameters:

1&2 story Condominiums

Gross Living Area:  1,229 SF to 1,843 SF

Age: 1969 to 1999

Current median price = $275,000

Median price from 6/15/05 to 6/15/06   =  $475,000

Percent decline  =   42%

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 12/1/2010

Base/List Date/Current: 12/1/2010

Foreclosures                        =     13    

Short Sales                          =     3

Arms lengths                        =     2

Total Sales last 12 months    =     18

Percent Special Conditions      =          89%

Percent Short Sales                 =          17%

            Median $         =          $258,000         Avg = $253,336

            Hi $                 =          $319,000

CURRENT LISTINGS  =  18   Median days on market = 148

Foreclosures                       =   2         

Short Sales                         =   2

Arms length                        =   14

Percent Special Condition       =          22%

Percent Short Sales                 =          11%

Median $         =          $449,450         Avg = $448,094

Hi $                 =          $649,000

Low $              =          $235,000

Total # of Comparable Active Listings for (Current – 3 Months) is the number as of 12/1/2010 = 18