Reno Foreclosure Blog

Market area: Sparks, NV

Appraised property located on 19^th St

Search parameters:

1 story homes

Gross Living Area:  666 SF to 999 SF

Age: 1939 to 1959

Current median price = $65,000

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

Percent decline  =   71%

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 2/24/2011

Base/List Date/Current: 2/24/2011

Foreclosures                        =     9      

Short Sales                          =     3

Arms lengths                        =     8

Total Sales last 12 months    =     20

Percent Special Conditions      =          60%

Percent Short Sales                 =          15%

            Median $         =          $77,175           Avg = $74,122

            Hi $                 =          $110,000

CURRENT LISTINGS  =  10   Median days on market = 93

Foreclosures                       =   4         

Short Sales                         =   4

Arms length                        =   2

Percent Special Condition       =          80%

Percent Short Sales                 =          40%

Median $         =          $69,949           Avg = $74,369

Hi $                 =          $90,000

Low $              =          $59,000

Total # of Comparable Active Listings for (Current – 3 Months) is the number as of 2/24/11 = 10