Monthly Archives: May 2009

Overall April 2009 Sales Market Report for Washoe County

Posted on May 19, 2009 by JoAnn Corriera

 April brought in an additional 49 single family residence and 14 condo/townhouse sales over March 2009.  Builder/Developer sales were down by 7 units.  Click on chart below to enlarge.   

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Mid-May

Posted on May 15, 2009 by Mike McGonagle

Just a few random items for weekend fun! -  Halfway through the month, TD/NOS/NOD stands at 118/327/548.  April’s totals were 191/769/931.  Filings tend to pick up as a month goes on.  It looks like TDs are on an upswing again, … Continue reading →

Posted in General | 95 Comments

Reno MLS Area changes

Posted on May 15, 2009 by Guy Johnson

Last month the Reno/Sparks Association of REALTORS® implemented a few changes to Reno’s MLS Areas. These changes included: a new area was created (Area 116 – “Reno-Downtown Core”) some existing areas were renamed (i.e. Area 122 – “Reno-Somersett” has been … Continue reading →

Posted in Downtown Reno, Neighborhoods, News | Tagged , | 5 Comments

Summary of Foreclosure Activity, Residential Resale and Builder Sales for Washoe County (2006-2009)

Posted on May 14, 2009 by JoAnn Corriera

  April 2009 NOD’s were 931 which is a slight increase over March 2009 total of 926.  There continues to be an 81.48% increase from 2008 to 2009.  Trustee’s Deeds (foreclosures completed) increased  2.14% for that same time period.     … Continue reading →

Posted in Foreclosures, General | Tagged , , , | 2 Comments

April median sold price, units, DOM, and $/sq.ft.

Posted on May 11, 2009 by Guy Johnson

April’s median sold home price for Reno and Sparks dropped below $200K in a big way.  April’s median sold price was $187,750.  Down 6% from March! Buyers snatching up the distressed properties are fueling the fall.  54% of April’s sales … Continue reading →

Posted in Agent Insights, Market Trends | Tagged , , , , , , | 10 Comments

Condo median sold price, units, DOM, and $/sq.ft. – April

Posted on May 11, 2009 by Guy Johnson

The table of median sold prices below is for condos only. [Note: please refer to today's other post to obtain the median sold data for houses.]  As seen with houses, condo unit sales are up considerably.    Closing Date # Sold Sold Price Sold … Continue reading →

Posted in Agent Insights, Market Trends | Tagged , , , , , , , | 19 Comments

How to find out if a home is in foreclosure…

Posted on May 11, 2009 by Guy Johnson

I received an email this morning from someone planning to rent here in the Reno area asking how they could find out if the property in which they are interested in renting is in foreclosure or has a NOD (Notice … Continue reading →

Posted in General, Strategy | Tagged , , , , | 3 Comments

Just Your Average House

Posted on May 10, 2009 by Mike McGonagle

The Center for Regional Studies just (finally) released their March 2009 and Q1 numbers.  The median cost of a new single family home in Reno was $133/SF, and the median cost of a resale home was $115/SF ($404/SF in Incline, … Continue reading →

Posted in Developments, Foreclosures, General, Oops, Somersett | 22 Comments