Foreclosed Home Re-Sales - Center for Regional Studies

Foreclosed Home Re-Sales
Washoe County, Nevada
New & Existing Homes, Single Family and Condominiums
310
-16.9%
290
-22.8%
-22.9%
-18.1%
270
250
-26.3%
-14.3%
-13.1%
230
210
-23.7%
-17.1%
-13.7%
190
170
-20.3%
20
11
20
11
Ju
ly
M
Ju
ne
ay
20
11
20
11
Ap
ril
20
10
Number of Foreclosures
ry
20
11
Fe
br
ua
ry
20
11
M
ar
ch
20
11
Ja
nu
a
Ju
ly
* Average number of days on market between foreclosure deed date and re-sale date
20
10
150
be
r
-18.8%
-19.6%
-15.0%
-14.2%
-18.5%
-13.6%
-17.0%
-20.6%
-22.2%
13.3%
-21.9%
-21.3%
-23.3%
20
10
$140,000
$125,500
$135,100
$133,950
$124,500
$134,900
$130,923
$131,900
$129,950
$123,650
$122,000
$121,950
$114,950
be
r
$168,489
$162,636
$175,135
$163,527
$168,917
$157,342
$150,605
$172,767
$156,665
$143,212
$153,000
$138,600
$149,850
D
ec
em
111
133
129
152
147
142
146
145
152
88
138
142
155
01
0
184
223
236
210
196
270
205
218
297
235
308
296
277
N
ov
em
262
246
288
325
199
225
267
225
373
313
342
342
282
Number of Foreclosed Home Re-Sales
330
ct
ob
er
2
% diff. btw
Value &
Price
O
Median Re-Sale
Price
be
r2
01
0
Median
Foreclosure
Value
Se
pt
em
Average #
Days on
Market*
20
10
# of Foreclosed
Home Sales
Au
gu
st
July 2010
August 2010
September 2010
October 2010
November 2010
December 2010
January 2011
February 2011
March 2011
April 2011
May 2011
June 2011
July 2011
# of Homes
Foreclosed
Median Values
400
$180,000
350
$170,000
Median Foreclosure Value
300
Median Re-Sale Price
$160,000
250
$150,000
200
$140,000
150
Source: Washoe County Assessor
20
11
Ju
ly
20
11
Ju
ne
20
11
M
ay
20
11
Ap
ril
ar
ch
20
11
20
11
M
Fe
br
ua
ry
Ja
nu
a
ry
20
11
20
10
D
ec
em
be
r
20
10
be
r
01
0
N
ov
em
O
ct
ob
er
2
be
r2
01
0
Se
pt
em
Au
gu
st
20
10
Ju
ly
20
11
Ju
ly
20
11
Ju
ne
20
11
ay
M
ry
20
11
Fe
br
ua
ry
20
11
M
ar
ch
20
11
Ap
ril
20
11
20
10
Ja
nu
a
be
r
be
r
D
ec
em
01
0
N
ov
em
ct
ob
er
2
O
Se
pt
em
Ju
ly
Au
gu
st
(775) 784-1771
20
10
$110,000
be
r2
01
0
0
20
10
$120,000
20
10
50
20
10
$130,000
100
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