Reno/Sparks Real Estate Numbers for October 2009

Below are the Real Estate numbers for the Reno/Sparks area in October 2009. Please note the comparison between list price and sold price of REO properties and days on market for sold Short Sale properties.

 

All Types REO/Bank Owned Short Sale Owner Sells Other
Number of Active Listings 3761 528 1899 1294 40
Avg. List Price $305,955.00 $172,781.00 $192,879.00 $526,460.00 $304,299.00
Avg. Days on Market 139 70 140 166 179

Total Listed During Month 862 257 310 290 5
Number Sold 614 259 140 209 6
Pct. Sold 71.23% 100.78% 45.16% 72.07% 120.00%
Avg. List Price Sold $206,220.00 $144,124.00 $207,952.00 $280,639.00 $254,500.00
Avg. Sale Price Sold $199,599.00 $145,603.00 $197,722.00 $266,483.00 $244,500.00

Sale Price to List Price % 96.79% 101.03% 95.08% 94.96% 96.24%
Avg. Days on Market Sold 127 95 201 116 193
Avg. List Price Unsold $306,384.00 $138,756.00 $217,758.00 $464,781.00 $497,737.00
Pct. Expired 17.40% 2.72% 16.77% 31.38% 0.00%
Posted in Market Update.

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