Reno Foreclosure Blog

Market area: NE Carson City, NV

Appraised property located on Scotch Pine Dr

Search parameters:

1&2 story homes

Gross Living Area:  1,152 SF to 1,728 SF

Age: 1988 to 2008

Current median price = $132,500

Median price from 6/15/05 to 6/15/06   =  $300,500

Percent decline  =   56%

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 12/30/2010

Base/List Date/Current: 12/30/2010

Foreclosures                        =     15    

Short Sales                          =     11

Arms lengths                        =     5

Total Sales last 12 months    =     31

Percent Special Conditions      =          84%

Percent Short Sales                 =          35%

            Median $         =          $142,000         Avg = $143,729

            Hi $                 =          $200,000

CURRENT LISTINGS  =  20   Median days on market = 137

Foreclosures                       =   3         

Short Sales                         =   13

Arms length                         =   4

Percent Special Condition       =          80%

Percent Short Sales                 =          65%

Median $         =          $139,450         Avg = $150,410

Hi $                 =          $269,500

Low $              =          $109,000

Total # of Comparable Active Listings for (Current – 3 Months) is the number as of 12/30/2010 = 20