Please take a look at our mid month update for the Reno/Sparks market as of February 16th, 2010

You’ll see the following categories:
f/s = Homes that are for sale today.
Pend = Pending sales today but not closed.
% of pending sales today that are short sales.
Sold = Sold homes in the last 180 days.

All sales values are averages.

$000,000-$250,000

f/s 821 units $165,943 avg. 94 days on market
Pend 1,315 units $155,614 avg. 140 days on market
% short sales 72%
Sold 2,072 units $155,346 avg. 116 days on market

$250,000-$500,000

f/s 386 units $348,099 avg. 132 days on market
Pend 291 units $330,279 avg. 170 days on market
% short sales 62%
Sold 544 units $326,288 avg. 147 days on market

$500,000-$750,000

f/s 164 units $612,121 avg. 188 days on market
Pend 45 units $609,890 avg. 250 days on market
% short sales 64%
Sold 89 units $599,365 avg. 183 days on market

$750,000-$1mill

f/s 74 units $894,265 avg. 202 days on market
Pend 15 units $843,377 avg. 333 days on market
% short sales 80%
Sold 20 units $879,743 avg. 164 days on market

$1mill-$2mill

f/s 103 units $1,518,516 avg. 315 days on market
Pend 9 units $1,350,000 avg. 601 days on market
% short sales 67%
Sold 17 units $1,246,000 avg. 200 days on market

$2mill +

f/s 26 units $2,872,688 avg. 289 days on market
Pend 0 $0 0
Sold 1 unit $2,250,000 575 days on market