Reno Nevada Market Report For February 2010

Here are your market statics for Reno, Nevada ~  February 2010

Here are your market statistics for single family homes sold in Reno, Nevada for February 2010

Sold = 214

Average Sold Price = $248,747

Average days on the Market =  139

There were 214 single family homes sold in Reno, Nevada during February 2010. Approximately 68 of the 214 homes sold were bank owned / foreclosure properties.

 The average selling price of a Reno Nevada bank owned property in February 2010 was $212,380. Foreclosed properties spend an average of 72 days listed for sale in theNorthern Nevada Regional Multiple Listing Service (NNRMLS).

There were 69 short sale properties soldduring February. The average sold price of a short saleproperty was $206,759 and spend an average of 207 days listed in the NNRMLS.

Currently Listed / Active Listings in Reno, Nevada:

Active = 1148

Average List Price = $493,997

Are you looking to buy a foreclosed / bank owned property in Reno, Nevada? Currently there are 88 Reno  bank owned properties listed for sale in the NNRMLS.

 The average list price is $237,000. Bank owned properties tend to sell and receive offers quicker than any other listing therefore it is import to have a northern Nevada  real estate agent working for you to help you find the right bank owned property the day it is listed.

 If you need someone to help you locate your bank owned property, I check the Northern Nevada Multiple Listing Several times a day and I can search for you so you are one step a head! Please feel free to call me at 775.846.5424 or email me at Terrie@Terrieleighton.com

Are you looking to buy a short sale property? Currently there are 382 short sale properties located throughout the Reno area. The average list price for a Reno short sale is $253,428.

 Short sale properties generally take twice as long to close than bank owned or regular sale properties. So if you are not in a hurry to get into your new home, short sales may be a good choice for you.

 Feel free to call me (775.846.5424) or email me (Terrie@terrieleighton.com) to help you search for your Reno, Nevada short sale property.

 Note: The numbers in this market report are derived from the NNRMLS and are believed to be accurate, but they are not guaranteed!

If you need help buying or selling your home in Sparks, Nevada, finding the right Realtor can help make your real estate process simpler. Knowing what the Sparks, Nevada real estate market is doing from month to month,  day to day, is key in being a successful buyer or seller. 

 Let me help you with your home buying or selling process. Visit my web site at www.servingrenoandsparks.com  to find different Northern Nevada neighborhoods that might interest you and help ease your home search.  Or, sign up for a free LisitingBook account so you can search Northern Nevada properties at www.sellingrenoandsparks.listingbook.com just like I do. It is free and is updated every 15 minutes.

 Reno Nevada Market Report For February 2010