Somersett, Verdi and Northwest Reno Buyers better hurry…
The total bank owned homes for Northwest Reno, Somersett and Verdi area is 32, down around 10% from 36, it has been decreasing on a regular basis.
Some buyers are hoping the foreclosure moratorium that lifted will offer a better quiver of Reno bank owned-foreclosure homes as homes seem to be getting picked through. Reno Nv. (Nevada) bank owned homes-foreclosured is at 298 and is down a little but down none the less. Reno Nv. (Nevada) short sale sellers and Realtor’s of course are hoping the Reno bank owned homes get absorbed so the short sale homes will get sold quicker. Buyer’s are starting to feel trapped and don’t know what to make of all of these multiple offers and general Seller’s or should I say Banker’s Market we seem to be experiencing. Keep an eye on the heat map I have up under the Reno foreclosure overview category to get a sense of how many notice of defaults are in the hopper.
Thanks,
Ron Bell
Blogmaster/Broker Salesperson
Coldwell Banker Select Real Estate Reno
775-750-5256
To view listings click here or paste the lower link in your browser, click on picture for a slide show:
Click Here to View Listings
Â
| Â | Â | Â | Â | Â | |
| Â |  |
 |  |
This property brought to you by:
Ron Bell
(775) 750-5256
(775)201-9636 e-fax |
 |
http://NNRMLS.fnismls.com/publink/default.aspx?GUID=c1385555-8270-42fa-9126-9c82dff4272a&Report=Yes
CMA Summary Report
| RESIDENTIAL Summary Statistics | ||||
| Â | High | Low | Average | Median |
| LP: | $413,300 | $105,900 | $199,009 | $189,285 |
| SP: | $0 | $0 | $0 | $0 |
| RESIDENTIAL - Active |
| Â ADDRESS | Â BR | Â BTH | Â #GAR | Â ACR | Â SF | Â DOM | Â LP | Â $/SF | Â SP | Â $/SF |
| Â 7871 Mariner Cove Dr. |
 3 |  2 |  2 |  0.13 |  1390 |  5 |  $105,900 |  $76.19 |   |  |
| Â 3270 Heights |
 3 |  2 |  1 |  0.14 |  1350 |  63 |  $109,900 |  $81.41 |   |  |
| Â 800 Ibis |
 3 |  2 |  1 |  0.19 |  988 |  40 |  $113,050 |  $114.42 |   |  |
| Â 2930 Harding Circle |
 3 |  2 |  2 |  0.12 |  1168 |  45 |  $125,000 |  $107.02 |   |  |
| Â 3635 Sebastian |
 2 |  1 |  2 |  0.03 |  960 |  82 |  $130,700 |  $136.15 |   |  |
| Â 1695 Severn Drive |
 3 |  1 |  2 |  0.15 |  1202 |  42 |  $139,000 |  $115.64 |   |  |
| Â 3951 W 7th Street |
 3 |  2 |  2 |  0.13 |  1160 |  152 |  $144,900 |  $124.91 |   |  |
| Â 1660 Majestic Drive |
 3 |  2 |  2 |  0.16 |  1532 |  32 |  $145,900 |  $95.23 |   |  |
| Â 2660 Nicholette Drive |
 3 |  2 |  0 |  0.11 |  1580 |  54 |  $154,900 |  $98.04 |   |  |
| Â 2825 Severn |
 4 |  2 |  2 |  0.14 |  1828 |  11 |  $159,900 |  $87.47 |   |  |
| Â 5839 Coyote Ridge Road |
 3 |  2 |  2 |  0.26 |  1388 |  4 |  $168,000 |  $121.04 |   |  |
| Â 6320 Enchanted Valley |
 3 |  2 |  2 |  0.14 |  1141 |  59 |  $169,000 |  $148.12 |   |  |
| Â 5410 Brittania Drive |
 3 |  2 |  2 |  0.20 |  1194 |  10 |  $174,500 |  $146.15 |   |  |
| Â 3440 Downey |
 3 |  2 |  0 |  0.13 |  988 |  7 |  $174,900 |  $177.02 |   |  |
| Â 3040 Attridge Place |
 3 |  2 |  2 |  0.14 |  1176 |  119 |  $179,900 |  $152.98 |   |  |
| Â 1633 Clover Hill Trail |
 3 |  2 |  2 |  0.00 |  1526 |  59 |  $188,670 |  $123.64 |   |  |
| Â 5840 Blue Canyon Drive |
 3 |  2 |  2 |  0.11 |  1243 |  69 |  $189,900 |  $152.78 |   |  |
| Â 3675 Meeks Way |
 3 |  2 |  2 |  0.14 |  1668 |  83 |  $194,905 |  $116.85 |   |  |
| Â 1290 Meridian Ranch |
 2 |  2 |  3 |  0.14 |  1834 |  75 |  $199,900 |  $109.00 |   |  |
| Â 5845 W Brookdale Avenue |
 3 |  0 |  2 |  0.15 |  1488 |  6 |  $205,000 |  $137.77 |   |  |
| Â 290 Mae Anne Avenue |
 5 |  4 |  3 |  1.00 |  2696 |  199 |  $207,955 |  $77.13 |   |  |
| Â 3285 Fairlands Drive |
 3 |  2 |  2 |  0.24 |  1941 |  26 |  $215,500 |  $111.03 |   |  |
| Â 9175 Quilberry Drive |
 2 |  2 |  2 |  0.15 |  1626 |  67 |  $229,900 |  $141.39 |   |  |
| Â 4350 Tuscany Circle |
 3 |  2 |  2 |  0.07 |  1417 |  11 |  $229,900 |  $162.24 |   |  |
| Â 1040 Meridian Ranch Drive |
 2 |  2 |  2 |  0.14 |  1252 |  54 |  $230,000 |  $183.71 |   |  |
| Â 1839 Rainbow Ridge |
 4 |  3 |  2 |  0.26 |  2272 |  185 |  $249,900 |  $109.99 |   |  |
| Â 1820 Trail Creek Way |
 3 |  2 |  2 |  0.14 |  1816 |  7 |  $249,900 |  $137.61 |   |  |
| Â 1678 Springhill Drive |
 3 |  3 |  2 |  0.06 |  2034 |  48 |  $260,000 |  $127.83 |   |  |
| Â 2385 Gatewood |
 5 |  3 |  3 |  0.19 |  2772 |  76 |  $289,900 |  $104.58 |   |  |
| Â 2345 Roanoke Trail |
 3 |  3 |  2 |  0.20 |  2562 |  46 |  $289,900 |  $113.15 |   |  |
| Â 8210 WILLOW RANCH TRL |
 3 |  2 |  3 |  0.29 |  2593 |  125 |  $328,320 |  $126.62 |   |  |
| Â 425 Leventina Canyon |
 3 |  3 |  2 |  1.64 |  2655 |  28 |  $413,300 |  $155.67 |   |  |
|   Total Listings |  |  |  |  |  |   Avg |   Avg |   Avg |   Avg |   Avg |
| Â 32 | Â | Â | Â | Â | Â | Â 59Â | Â $199,009Â | Â $124Â | Â Â | Â Â |
Tags: Add new tag, Northwest Reno Bank Owned, Reno Bank Owned Homes, reno foreclosures, reno short sales, Somersett Bank Owned Homes, somersett homes, verdi foreclosures