Reno Foreclosure Blog

Market area: Sparks, NV.

Appraised property located on Canyon Vista Dr

Search parameters:

1 story homes

Gross Living Area:  1,117 SF to 1,675 SF

Age: 1984 to 2004

Current median price = $145,500

Median price from 6/15/05 to 6/15/06   =  $332,950

Percent decline  =   56%

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 12/20/2010

Base/List Date/Current: 12/20/2010

Foreclosures                        =     9      

Short Sales                          =     13

Arms lengths                        =     16

Total Sales last 12 months    =     38

Percent Special Conditions      =          58%

Percent Short Sales                 =          34%

            Median $         =          $168,750         Avg = $166,721

            Hi $                 =          $200,000

CURRENT LISTINGS  =  19   Median days on market = 89

Foreclosures                       =   8         

Short Sales                         =   10

Arms length                        =   1

Percent Special Condition       =          95%

Percent Short Sales                 =          53%

Median $         =          $159,999         Avg = $161,425

Hi $                 =          $184,895

Low $              =          $135,000

Total # of Comparable Active Listings for (Current – 3 Months) is the number as of 12/20/2010 = 19