Reno Foreclosure Blog

Market area: Dayton, NV. – Santa Maria Ranch

Appraised property located on Winters Pkwy

Search parameters:

Homes within a 4 mile radius

Gross Living Area:  2184 SF to 3640 SF

Age: 1998 to 2010

 

Current median price = $235,000

Median price from 6/15/05 to 6/15/06   =  $470,000

Percent decline  =   50%

 

SALES DATA FOR THE LAST 12 MONTHS

Date Run: 7/5/2010

Base/List Date/Current: 7/5/2010

Inventory Analysis

Prior 7 - 12 Months

Prior 4 - 6 Months

Current - 3 Months

Total # of Comparable Sales (Settled)

16

7

4

Absorption Rate (Total Sales/Months)

2.67

2.33

1.33

Total # of Comparable Active Listings

24

11

NA

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

9

4.71

NA

Median Sale & ListPrice, DOM, Sale/List%

Prior 7 - 12 Months

Prior 4 - 6 Months

Current - 3 Months

Median Comparable Sale Price

$299,000.00

$219,900.00

$235,000.00

Median Comparable Sales Days on Market

170

162

164

Median Comparable List Price

$289,450.00

$235,000.00

$245,950.00

Median Comparable Listings Days on Market

181

162

NA

Median Sale Price as % of List Price

103%

94%

96%

 

Foreclosures                        =     13    

Short Sales                          =     5

Arms lengths                        =     9

Total Sales last 12 months    =     27

 

Percent Special Conditions      =          67%

Percent Short Sales                 =          19%

           

            Median $         =          $250,000

            Hi $                 =          $550,000

            Low $              =          $170,000

 

CURRENT LISTINGS  =  23  

 

Median days on market = 100

 

Foreclosures                       =   1         

Short Sales                         =   7

Arms length                        =   15

 

Percent Special Condition       =          35%

Percent Short Sales                 =          30%

 

Median $         =          $270,000

Hi $                 =          $525,000

Low $              =          $179,000


Posted by David Lysne on July 5th, 2010 5:28 PMPost a Comment (0)

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