Northgate News - October 2009
Saturday, October 10, 2009 by David Wiggins
Welcome to the Northgate/McQueen on-line newsletter blog. I published Northgate News for over 20 years and then stopped in 2005. It will be published monthly, on line from now on. I will also post information on other areas of Reno, Sparks and Northern, Nevada daily & weekly. I hope you find it interesting and informative. Your opinions and suggestions are always appreciated.
47 residential properties were reported through NNRMLS as sold in the Northgate/McQueen area from September 1, 2009, through October 9, 2009. The average sold price for the 47 homes reported as sold was $212,982. The highest price for a property reported as sold was $300,000. The lowest price for a property reported as sold was $78,750. The average market time for the homes reported as sold was 125 days.
|
ADD |
BR | #GAR | SF | Original Price | Sold Price |
| 3670 Rosalinda Dr. | 3 | 2 | 1500 | $124,000.00 | $78,750.00 |
| 6850 Sharlands #2187 | 2 | 0 | 930 | $89,300.00 | $98,000.00 |
| 5295 Villa Verde Dr. | 3 | 2 | 1271 | $138,000.00 | $133,000.00 |
| 1795 Sierra Highlands Dr. | 3 | 2 | 1320 | $225,700.00 | $147,000.00 |
| 1905 Tuolumne | 3 | 2 | 1474 | $145,000.00 | $148,000.00 |
| 6255 Stone Valley Dr. | 4 | 2 | 2307 | $229,000.00 | $160,000.00 |
| 6062 Bankside Way | 3 | 2 | 1464 | $174,900.00 | $162,500.00 |
| 1535 Mescalero Ave. | 3 | 2 | 1359 | $154,900.00 | $170,000.00 |
| 6026 White Water Way | 4 | 2 | 1560 | $168,900.00 | $170,000.00 |
| 6092 Walnut Creek Road | 2 | 2 | 1101 | $187,000.00 | $170,000.00 |
| 4678 Windcrest Dr. | 3 | 2 | 1980 | $180,000.00 | $175,000.00 |
| 6721 Sandia Dr. | 3 | 2 | 1270 | $210,000.00 | $175,000.00 |
| 5083 Cassandra Way | 3 | 2 | 1220 | $189,900.00 | $175,500.00 |
| 1326 Sandyhill Lane | 3 | 2 | 1949 | $180,025.00 | $180,025.00 |
| 1400 Springfield Park Dr. | 3 | 2 | 1263 | $174,900.00 | $185,000.00 |
| 1587 Reno View Dr. | 4 | 2 | 1706 | $185,500.00 | $185,500.00 |
| 6275 Stone Valley | 5 | 2 | 2882 | $280,000.00 | $186,000.00 |
| 1304 Sandyhill Lane | 3 | 2 | 1743 | $215,000.00 | $195,000.00 |
| 5880 SEPTEMBER Circle | 3 | 2 | 1966 | $204,000.00 | $200,000.00 |
| 4350 Tuscany Circle | 3 | 2 | 1417 | $229,900.00 | $200,000.00 |
| 4320 Tuscany Circle | 3 | 2 | 1537 | $219,900.00 | $213,000.00 |
| 4727 Amber Hill Lane | 4 | 2 | 2160 | $219,950.00 | $220,000.00 |
| 8835 Chipshot Trl. | 3 | 2 | 2094 | $219,900.00 | $220,000.00 |
| 6805 Diamond Glen Dr. | 4 | 2 | 1780 | $239,000.00 | $222,000.00 |
| 2865 Royal Sage Ct. | 3 | 2 | 1877 | $225,000.00 | $225,000.00 |
| 3998 Kings Row | 5 | 2 | 2420 | $220,000.00 | $225,000.00 |
| 2982 Regal Ct. | 4 | 2 | 1837 | $239,000.00 | $228,000.00 |
| 5685 W Brookdale | 3 | 2 | 1613 | $230,000.00 | $230,000.00 |
| 1241 Tate Dr. | 4 | 2 | 1881 | $234,900.00 | $232,500.00 |
| 6333 Springwood Dr. | 3 | 3 | 1708 | $234,900.00 | $234,900.00 |
| 2722 Corning Ct. | 4 | 2 | 2083 | $265,000.00 | $236,000.00 |
| 3934 Aspendale Dr. | 5 | 2 | 2496 | $249,000.00 | $239,000.00 |
| 6436 Valley Wood Dr. | 4 | 3 | 2276 | $239,900.00 | $239,000.00 |
| 1470 Lindsay Dr. | 3 | 2 | 2017 | $190,000.00 | $240,000.00 |
| 5440 Montego Ct. | 4 | 2 | 2212 | $245,000.00 | $245,000.00 |
| 8171 Highland Flume Circle | 3 | 2 | 2372 | $350,000.00 | $250,000.00 |
| 8161 Highland Flume Circle | 3 | 2 | 2372 | $350,000.00 | $250,000.00 |
| 3883 Aspendale Ct. | 3 | 2 | 2178 | $259,950.00 | $253,500.00 |
| 7245 Heritage Oaks Dr. | 4 | 3 | 2039 | $289,950.00 | $255,000.00 |
| 2590 Snow Partridge Dr. | 3 | 3 | 1977 | $250,000.00 | $260,000.00 |
| 5420 Brittania Dr. | 5 | 3 | 2686 | $250,000.00 | $268,000.00 |
| 315 Jackson Springs Dr. | 4 | 3 | 2341 | $262,000.00 | $269,000.00 |
| 2385 Gatewood Dr. | 5 | 3 | 2772 | $319,900.00 | $278,000.00 |
| 2904 Fox Trail Dr. | 3 | 3 | 2261 | $300,000.00 | $285,000.00 |
| 8998 Beacon Ridge Trail | 3 | 3 | 2346 | $325,000.00 | $299,000.00 |
| 370 Anselmo Dr. | 5 | 2 | 3059 | $299,000.00 | $299,000.00 |
| 8170 Highland Flume Circle | 4 | 2 | 2819 | $373,000.00 | $300,000.00 |
_________________________________________________
SOLD INFORMATION FOR NORTHGATE - 2008
259 homes were reported through NNRMLS as sold in the McQueen area from January 1, 2008, through December 31, 2008. The average price for the 259 properties reported as sold was $272,717. The highest price for a property reported as sold was $580,000. The lowest price for a property reported as sold was $73,000. The average market time for the homes reported as sold was 119 days.
SOLD INFORMATION SO FAR IN 2009
281 homes have been reported through NNRMLS as sold in the McQueen area of Reno from January 1, 2009, through October 9, 2009. The average price for the 281 homes reported as sold is $215,631. The highest price for a property reported as sold was $510,000. The lowest price for property reported as sold was $70,000. The average market time for the homes reported as sold was 110 days.
Note: This information is for the Northgate/McQueen area of Reno only. This representation is based in whole or in part on data supplied by the Northern Nevada Regional Multiple Listing Service. Neither the Reno/Sparks Association of Realtors nor the NNRMLS guarantees nor is in any way responsidle for the accuracy of the report. Data maintained by the NNRMLS may not reflect all real estate activity in the area. The statistics are only for properties that have sold through Northern Nevada Regional Multiple Listing Service.
Your Realtor,
David Wiggins CRS e-PRO
Executive Member REOMasters Network
Allen Hainge CyberStars - Member
NFSTI REO - Certified
NVSI BPO - Certified
775-787-5203 (office)
775-848-0852 (cell)
david@davidwiggins.com
Well...We are into a new year and I thought you would like to see current home sales information for Reno and Sparks, NV and all Washoe County (excluding Incline Village). So often what you see or hear in the news media about home sales is doom and gloom. Sometimes it appears the news reporters think they are news forecasters. The worse they report and the worse things get, the better and the more accurate they think they are. Friends have asked me when the housing sales boom stopped. My answer is I saw the first signs in July of 2005. Did prices go up after that? Yes. Were there still record sales after that? Yes. The signs of a slow down, though, were starting to become apparent. More FSBO (for sale by owner) homes were going to real estate agents to sell. There were more expired listings every day and days on market were longer. Then, builders started to have some standing inventory. Sellers who were selling their existing home to buy a new home started having difficulty getting the "high" price they needed to buy the new home. Many sellers thought they could still get 5% - 10% more than the last home sold for in ntheir neighborhood. some of those homes are still for sale. Please contact me if you would like a copy of my report, The Truth about what is going on in the Washoe County housing market. Right now, though, let me give you current housing sales information for the first hal of January, 2008. The information is for residential properties which consist of single family homes, condominiums & townhouses and manufactured homes...
ACTIVE PENDING TOTAL A & P SOLD EXPIRED
Reno (all areas) 2,713 269 2,982 45 214
Sparks (all areas) 838 85 923 24 58
| # of Listings | Dollar Volume | Avg Price | Med Price | ||
| RESIDENTIAL | |||||
| Conventional | 3,515 | $1,249,093,084 | $355,361 | $292,500 | 126 |
| FHA | 259 | $57,012,644 | $220,126 | $224,000 | 116 |
| VA | 74 | $19,093,827 | $258,025 | $250,000 | 124 |
| Assumption | 4 | $1,257,374 | $314,344 | $234,500 | 219 |
| Cash | 344 | $159,717,040 | $464,294 | $325,000 | 129 |
| Contract of Sale | 6 | $1,143,500 | $190,583 | $167,500 | 172 |
| Owner | 17 | $5,110,400 | $300,612 | $210,000 | 127 |
| CTEL+2 | 1 | $255,000 | $255,000 | $255,000 | 148 |
| Miscellaneous | 35 | $9,178,600 | $262,246 | $226,800 | 112 |
Analysis by Area | |||||
| Comml/Indst Core | 133 | $39,269,588 | $295,260 | $265,000 | 258 |
| Reno-North | 174 | $34,185,054 | $196,466 | $190,000 | 114 |
| Reno-Northwest | 259 | $68,887,655 | $265,976 | $251,950 | 116 |
| Reno-Northwest Suburban | 266 | $88,589,354 | $333,043 | $319,200 | 112 |
| Reno-West Suburban | 13 | $5,238,300 | $402,946 | $405,000 | 78 |
| Verdi | 13 | $7,924,550 | $609,581 | $570,000 | 139 |
| Sun Valley | 160 | $32,812,804 | $205,080 | $207,500 | 119 |
| Reno-North Valley | 86 | $21,359,083 | $248,361 | $226,500 | 113 |
| Reno-Golden Valley | 17 | $5,851,100 | $344,182 | $325,000 | 126 |
| Reno-Lemmon Valley | 65 | $16,404,373 | $252,375 | $249,900 | 101 |
| Reno-Stead | 224 | $52,891,350 | $236,122 | $240,000 | 99 |
| Reno-Silver Knolls | 15 | $5,894,500 | $392,967 | $373,000 | 135 |
| Reno-Cold Springs | 147 | $35,432,734 | $241,039 | $235,000 | 123 |
| Reno-Red Rock | 8 | $3,215,900 | $401,988 | $359,500 | 163 |
| Reno-Rancho Haven | 11 | $3,878,700 | $352,609 | $365,000 | 228 |
| Reno-Southeast | 110 | $21,230,491 | $193,004 | $186,250 | 117 |
| Reno-Donner Springs | 133 | $31,005,038 | $233,121 | $255,900 | 105 |
| Reno-Hidden Valley | 55 | $23,103,058 | $420,056 | $400,000 | 128 |
| Reno-South Meadows | 283 | $102,835,357 | $363,376 | $340,000 | 107 |
| Reno-Old Southwest | 154 | $54,219,162 | $352,072 | $310,000 | 126 |
| Reno-South Suburban | 144 | $116,833,588 | $811,344 | $715,000 | 128 |
| Reno-Southwest Suburban | 82 | $91,302,920 | $1,113,450 | $955,000 | 242 |
| Reno-Foothills | 50 | $15,260,121 | $305,202 | $307,500 | 127 |
| Pleasant Valley | 5 | $2,208,500 | $441,700 | $394,000 | 84 |
| West Washoe Valley | 8 | $9,470,000 | $1,183,750 | $1,122,500 | 238 |
| Virginia City Highlands | 20 | $9,590,700 | $479,535 | $447,250 | 159 |
| Washoe Valley | 28 | $9,177,500 | $327,768 | $332,000 | 126 |
| Sparks | 200 | $41,492,099 | $207,460 | $212,250 | 118 |
| Sparks-East | 239 | $63,880,550 | $267,283 | $262,000 | 110 |
| Sparks-Suburban | 240 | $78,718,900 | $327,995 | $305,000 | 130 |
| Spanish Springs-South | 175 | $63,454,548 | $362,597 | $327,000 | 131 |
| Spanish Springs-West | 126 | $37,690,895 | $299,134 | $285,000 | 115 |
| Spanish Springs-East | 31 | $15,042,023 | $485,227 | $429,290 | 140 |
| Palomino Valley | 8 | $3,839,000 | $479,875 | $430,000 | 128 |
| East Truckee River | 28 | $5,493,549 | $196,198 | $193,000 | 132 |
| Reno-West Southwest | 96 | $62,754,550 | $653,693 | $566,000 | 132 |
| Reno-Southwest | 242 | $112,856,200 | $466,348 | $398,500 | 131 |
| Reno-Old South Suburban | 65 | $43,301,688 | $666,180 | $430,000 | 120 |
| Reno-Somersett | 83 | $45,836,337 | $552,245 | $530,000 | 146 |
| Sparks-Foothills | 59 | $19,429,650 | $329,316 | $305,000 | 87 |
| Totals | 4,255 | $1,501,861,469 | $352,964 | $285,000 | 126 |
| Non Co-op Sales | 957 | $345,567,557 | $361,095 | $285,000 | 141 |
| Co-op Sales | 3,298 | $1,156,293,912 | $350,605 | $285,000 | 121 |
| All Sold Listings | 4,255 | $1,501,861,469 | $352,964 | $285,000 | 126 |
| The last column is days on market. |
Note: This information is for Reno and Sparks, Nevada areas only. This representation is based in whole or in part on data supplied by Northern Nevada Regional Multiple Listing Service (copwrited material). Neither the Reno/Sparks Association of Realtors nor the NNRMLS is in any way responsible for the accuracy of this report. Data maintained by NNRMLS may not reflect all real estate activity in the area. The information I show is only for residential properties that have been listed and sold through agents associated with the Reno/Sparks Association of Realtors.
David has sold REO Assets and Residential homes for over 29 years. In total, he has been involved in the sale of over 2,000 properties. We want you as "clients for life".
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