Sparks Nevada Market Report July 2009

Sparks Nevada Market Report July 2009

Here are the market statistics for single family homes in the Sparks, Nevada area for July 2009:

• July ended the month with 139 single family homes SOLD.

• There were 81 homes in escrow with 93 new active pending.

• Of the homes sold in July, 33 were Short Sales and 56 were Bank Owned.

• The average list price for the month of July for a single family home was $191,000.

• The average sales price for the month of July for a single family home was $171,000.

• 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.