Sparks Nevada Market Report July 2009
Here are the market statistics for single family homes in the Sparks, Nevada area for July 2009:
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July ended the month with 139 single family homes SOLD.
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There were 81 homes in escrow with 93 new active pending.
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Of the homes sold in July, 33 were Short Sales and 56 were Bank Owned.
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The average list price for the month of July for a single family home was $191,000.
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The average sales price for the month of July for a single family home was $171,000.
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Average days on the market for the month of July for a single family home was 118.
Existing homes sales in Sparks, Nevada continue to post positive gains but the average price of homes sold are dropping as foreclosures maintain a strong influence on the market.
If you are interested in buying or selling a home in Sparks, Nevada, feel free to call me at 775-846-5424 or email me at Terrieleighton@hotmail.com. You can also visit Serving Reno and Sparks to see a complete list of homes available for sale.
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REALTOR®
Certified Distressed Property Expert (CDPE)
Certified Default Resolution Specialist (CDRS)
Short Sales & Foreclosure Resource ~ Certified (SFR)
Ferrari-Lund Real Estate
775.846.5424
Terrie - Great post! Thanks! I find it interesting how many homes were either foreclosures or short sales!
Featured in All Things Northern Nevada - Nice Job Terrie!
Thanks so much for sharing. You guys are definitely doing a better job of closing short sales in Washoe County than we are down here in Douglas County, although Lisa is paving the way for all of us! She just got one done in 5 days down here!
LOVE that photo. Looks like a great place to reside!
Lisa~ We have so many homes listed with special conditions. And the banks are pricing their foreclosures well below market value it is no wonder they are selling faster than anything else on the market these days!
Christianne~ Thanks for the feature in All Things Northern Nevada! If we are getting short sales approved faster than you guys, you must be waiting quite some time! But way to go Lisa ~closed a short sale in 5 days ~ do tell us your secret!
Renee ~ The photo is of the Sparks Marina! It is a one of a kind location in Sparks!
Terrie, what is up ? Stopped by say HOW~ DEE from Texas, great picture market area.
Have a wonderful week... oh by the way I hate short sales quite as a listing/buyers agent about toss out foreclosures agent for buyers... listing I will take those
How~Dee Lynn! I am not sure any agent likes short sale listings! But we take them and work them and get them closed! "This to shall pass"...right?