Reno Foreclosure Blog

Market area: Reno, NV. – West Suburban

Appraised property located on Goshawk Ct

Search parameters:

1&2 story homes

Gross Living Area:  2,160 SF to 3,240 SF

Age: 1984 to 2010

One mile radius from subject

Current median price = $292,000

Median price from 6/15/05 to 6/15/06   =  $507,750

Percent decline  =   45%

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 10/28/2010

Base/List Date/Current: 10/28/2010

Foreclosures                        =     3      

Short Sales                          =     4

Arms lengths                        =     2

Total Sales last 12 months    =     9

Percent Special Conditions      =          78%

Percent Short Sales                 =          44%

            Median $         =          $292,000         Avg = $314,222

            Hi $                 =          $425,000

CURRENT LISTINGS  =  3   Median days on market = 56

Foreclosures                       =   1         

Short Sales                         =   1

Arms length                        =   1

Percent Special Condition       =          66%

Percent Short Sales                 =          33%

Median $         =          $309,000         Avg = $312,966

Hi $                 =          $365,000

Low $              =          $264,900

Total # of Comparable Active Listings for (Current – 3 Months) is the number as of 10/28/10/2010 = 3