Reno Foreclosure Blog

Market area: Sparks, NV. – Spanish Springs-West

Appraised property located on Sticklebract Dr

Search parameters:

1 story homes

Gross Living Area:  2228 SF to 3342 SF

Age: 1996 to 2010

 

Current median price = $234,500

Median price from 6/15/05 to 6/15/06   =  $479,950

Percent decline  =   51%

 

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 8/4/2010

Base/List Date/Current: 8/4/2010

Inventory Analysis

Prior 7 - 12 Months

Prior 4 - 6 Months

Current - 3 Months

Total # of Comparable Sales (Settled)

22

11

9

Absorption Rate (Total Sales/Months)

3.67

3.67

3

Total # of Comparable Active Listings

34

19

NA

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

9.27

5.18

NA

Median Sale & ListPrice, DOM, Sale/List%

Prior 7 - 12 Months

Prior 4 - 6 Months

Current - 3 Months

Median Comparable Sale Price

$242,000.00

$240,000.00

$234,500.00

Median Comparable Sales Days on Market

89

116

123

Median Comparable List Price

$246,000.00

$244,900.00

$245,000.00

Median Comparable Listings Days on Market

113

123

NA

Median Sale Price as % of List Price

98%

98%

96%

 

Foreclosures                        =     10    

Short Sales                          =     19

Arms lengths                        =     13

Total Sales last 12 months    =     42

 

Percent Special Conditions      =          69%

Percent Short Sales                 =          45%

           

            Median $         =          $239,450

            Hi $                 =          $464,000

            Low $              =          $185,500

 

CURRENT LISTINGS  =  22   Median days on market = 81

 

Foreclosures                       =   6         

Short Sales                         =   9

Arms length                        =   7

 

Percent Special Condition       =          68%

Percent Short Sales                 =          41%

 

Median $         =          $250,000

Hi $                 =          $430,000

Low $              =          $199,000

Posted by David Lysne on August 4th, 2010 2:33 PMPost a Comment (0)
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