Reno Foreclosure Blog

Market area: Reno, NV. – Pleasant Valley

Appraised property located on Laramie Dr

Search parameters:

All sales within 3 miles

 

Current median price = $325,500

Median price from 6/15/05 to 6/15/06   =  $560,000

Percent decline  =   42%

 

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 7/29/2010

Base/List Date/Current: 7/29/2010

Inventory Analysis

Prior 7 - 12 Months

Prior 4 - 6 Months

Current - 3 Months

Total # of Comparable Sales (Settled)

32

20

18

Absorption Rate (Total Sales/Months)

5.33

6.67

6

Total # of Comparable Active Listings

56

36

NA

Months of Housing Supply (Total Listings/Ab.Rate)

10.50

5.40

NA

Median Sale & ListPrice, DOM, Sale/List%

Prior 7 - 12 Months

Prior 4 - 6 Months

Current - 3 Months

Median Comparable Sale Price

$307,500.00

$299,950.00

$352,500.00

Median Comparable Sales Days on Market

111

101

136

Median Comparable List Price

$317,500.00

$325,000.00

$368,500.00

Median Comparable Listings Days on Market

128

128

NA

Median Sale Price as % of List Price

97%

92%

96%

 

Foreclosures                        =     20    

Short Sales                          =     23

Arms lengths                        =     27

Total Sales last 12 months    =     70

 

Percent Special Conditions      =          61%

Percent Short Sales                 =          32%

           

            Median $         =          $310,000

            Hi $                 =          $584,850

            Low $              =          $108,000

 

CURRENT LISTINGS  =  39   Median days on market = 132

 

Foreclosures                       =   7         

Short Sales                         =   14

Arms length                        =   18

 

Percent Special Condition       =          54%

Percent Short Sales                 =          36%

 

Median $         =          $325,000

Hi $                 =          $599,000

Low $              =          $115,000

 

Posted by David Lysne on July 29th, 2010 11:49 AMPost a Comment (0)
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