Reno Foreclosure Blog

Market area: Reno, NV. – Northwest Foothills

Appraised property located on Glenmore Ct

Search parameters:

2 story homes

Gross Living Area:  2812 SF to 4218 SF

Age: 1994 to 2010

Current median price = $373,000

Median price from 6/15/05 to 6/15/06   =  $695,000

Percent decline  =   46%

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 8/28/2010

Base/List Date/Current: 8/28/2010

Foreclosures                        =     8      

Short Sales                          =     16

Arms lengths                        =     8

Total Sales last 12 months    =     32

Percent Special Conditions      =          75%

Percent Short Sales                 =          50%

            Median $         =          $405,000

            Hi $                 =          $599,500

CURRENT LISTINGS  =  13   Median days on market = 88

Foreclosures                       =   0         

Short Sales                         =   6

Arms length                        =   7

Percent Special Condition       =          46%

Percent Short Sales                 =          46%

Median $         =          $399,900

Hi $                 =          $619,000

Low $              =          $333,000