Here is a look at what is happening in the Sparks-Spanish Springs market as of today, May 14, 2010. This data is from the Northern Nevada Regional MLS and is for residential stick built homes in these areas. Active Listings – There are currently 411 active listings. The median list price for these listings is [...]
The good news first. Sales of single family residences in the Sparks-Spanish Springs area were up 22% this May over May 2008. This shows that the buyers are out there and making purchases. Now the not so good news. The median sold price for May 2009 was $166,500. This is down significantly from May 2008 [...]
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 [...]
It is what it is. That is a saying that I find myself saying numerous times everyday. The market is what the market is. My goal is to bring my clients the facts and help them make the best decisions possible given the market facts we are facing. Here is what January 2009 looks like for single [...]
Yes, sales are up in the Sparks-Spanish Springs market this November over November 2007 by 35.7%. More homes are selling this year over last year because the prices have reached a point where homes are more affordable to many buyers. Our median price in the Sparks-Spanish Springs market has dropped 14.6% from the November 2007 median [...]
Sales of single family homes in the Sparks and Spanish Springs areas dropped 17.3% in August as compared to July this year. But when compared to August of 2007 the drop is only 6.5%. The median home price in Sparks and Spanish Springs for August 2008 was $227,650, which is down from $291,500 in 2007. [...]
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 [...]
We are all keeping a very close eye on what is selling in our areas. Here is an update on what has sold between June 1, 2008 and June 16, 2008 in the Sparks and Spanish Springs area. AREA % of Sales % Bank/Short Sale Average Sold Avg.List/Sold Avg. DOM Avg. Age Avg. Sqft. 180 [...]
As we begin to see an increase in buyer activity in the Sparks and Spanish Springs real estate market many want to know what is selling and where. According to data from the Northern Nevada Regional MLS, as of today in the Sparks and Spanish Springs areas almost three-quarters (73.5%) of the single family homes that have sold [...]
Friday, May 14, 2010
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