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The Numbers 02/09

The Reno/Sparks Area MLS Numbers Feb-09:

Single Family Active Listings- 3,117 ( 1022 Short Sale, 689 Bank Owned, 1,406 Regular Sales)

In Contract- 884 ( 395 Short Sale, 287 Bank Owned, 191 Regular Sales)

Sold Listings- 261 ( 40 Short Sales, 146 Bank Owned, 75 Regular Sales)

Total Months Inventory- 11 months, 28 days

* Notes: 25% of properties are in contract, 56% of single family sales were bank owned, 55% of listings are Short Sales or Bank Owned, 26% increase in Sales from Jan 09, 37% increase in sales from Feb 08

Posted Friday Mar 13