Once again more short sales have closed in the Sparks-Spanish Springs market area according to data from the Northern Nevada Regional MLS for stick built homes. As expected traditional sales had the highest average median sales price, with short sales following and bank owned sales bringing in the lowest median price. As expected short sales [...]
Wednesday, November 17, 2010
According to sales data from the Northern Nevada Regional MLS, traditional home sales (sellers with equity) lead the sales data for residential, stick built home sales in October 2010. Traditional, equity position sales accounted for 38.8% of sales in October. The median sales price $231,700. These sellers received on average 95.1% of asking price and [...]
Thursday, July 8, 2010
According to data from the Northern Nevada Regional Multiple Listing Service, short sales posted the highest number of sales for June. In sales of residential, stick-built homes in the Reno-Sparks area there were 575 sales in June. Of that 43.2% were short sales, 33.6% traditional sales and 23.3% were REO/bank owned sales. The median price [...]
Monday, March 30, 2009
Do you want to know what homes sold for in the Sparks and Spanish Springs area in February? There were 103 stick built, single family homes sold in Feburary. The median list price was $199,900 and the median sold price was $192,000. Sellers received on average 97.07% of their asking price. Bank owned properties accounted for [...]
Tuesday, July 15, 2008
Most buyers would not consider offering full price much less above full price given their perception of the current market conditions. But here are the facts In the Sparks/Spanish Springs area so far this month 35.4% of the homes sold for prices above asking price and another 25.8% of homes sold at asking price. That’s a [...]
Saturday, December 18, 2010
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