Reno Foreclosure Blog

Market area: Reno, NV. – Sun Valley

Appraised property located on Lacy Lane

Search parameters:

Manufactured homes

Gross Living Area:  1,282 SF to 1,566 SF

Age: 1977 to 1997

Current median price = $50,200

Median price from 6/15/05 to 6/15/06   =  $169,000

Percent decline  =   70%

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 10/6/2010

Base/List Date/Current: 10/6/2010

Foreclosures                        =     22    

Short Sales                          =     2

Arms lengths                        =     7

Total Sales last 12 months    =     35

Percent Special Conditions      =          69%

Percent Short Sales                 =          6%

            Median $         =          $60,000           Avg = $68,068

            Hi $                 =          $129,900

CURRENT LISTINGS  =  17   Median days on market = 93

Foreclosures                       =   3         

Short Sales                         =   11

Arms length                        =   3

Percent Special Condition       =          82%

Percent Short Sales                 =          65%

Median $         =          $67,000           Avg = $67,864

Hi $                 =          $95,000

Low $              =          $49,900

Total # of Comparable Active Listings for (Current – 3 Months) is the number as of 10/6/2010 = 17