Reno Foreclosure Blog

Market area: Reno, NV. – South Suburban

Appraised property located on Moonrise Ct

Search parameters:

1&2 story homes

Gross Living Area:  2,912 SF to 3,559 SF

Age: 1986 to 2006

Current median price = $430,000

Median price from 6/15/05 to 6/15/06   =  $838,500

Percent decline  =   49%

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 11/13/2010

Base/List Date/Current: 11/13/2010

Foreclosures                        =     11    

Short Sales                          =     10

Arms lengths                        =     17

Total Sales last 12 months    =     38

Percent Special Conditions      =          55%

Percent Short Sales                 =          26%

            Median $         =          $440,000         Avg = $453,010

            Hi $                 =          $760,000

CURRENT LISTINGS  =  25   Median days on market = 118

Foreclosures                       =   1         

Short Sales                         =   6

Arms length                        =   18

Percent Special Condition       =          39%

Percent Short Sales                 =          33%

Median $         =          $549,000         Avg = $568,456

Hi $                 =          $874,500

Low $              =          $345,000

Total # of Comparable Active Listings for (Current – 3 Months) is the number as of 11/13/2010 = 25