Sun Valley Foreclosure (Bank Owned) Homes, June, 2008
Foreclosure & Short Sale Homes
Sun Valley NV Foreclosure Homes
Review Sun Valley (Reno) real estate listings that are categorized as "foreclosure", "bank owned", or "REO" as entered into the Northern Nevada Regional MLS. Currently, approximately 10% (725 out of 7,458) of all residential listings in the Greater Reno-Tahoe region are bank owned properties. Last month, however, 25% of all homes sold were bank owned. These statistics illustrate a more active market due to increased public awareness AND the fact that banks have begun to price these homes below market to quickly get them off the books.
How Firm are Sun Valley Foreclosure Home Prices?
You do not need to pay full price for a Sun Valley foreclosure home. Check out the post at recent foreclosure home sold price statistics if you are interested in reviewing how much negotiation room is actually taking place in the market - as of last month.
Daily Foreclosure Home Monitoring Tool
If you would like to know about these listings as they come on the market (daily), you may want to subscribe to my Foreclosure/Short Sale Daily Email Alerts from this site - it's free.
Sun Valley Foreclosure Homes (as of June 4, 2008)
A couple notes: DOM = days on market with current listing (may have been listed before). Click address for property details:
| Area | Orig. Price | Curr. Price | DOM | Street Address |
| Sun Valley | $115,000 | $115,000 | 29 | 4742 W Leonesio Drive |
| Sun Valley | $163,800 | $121,000 | 152 | 230 Haas Court |
| Sun Valley | $149,900 | $126,900 | 162 | 5595 Paullo |
| Sun Valley | $152,000 | $152,000 | 52 | 5630 Duclercque Way |
| Sun Valley | $170,000 | $162,500 | 29 | 754 Snowdrop Court |
| Sun Valley | $195,500 | $170,900 | 104 | 6411 Cayuga Court |
| Sun Valley | $194,900 | $173,900 | 98 | 5680 Peach Court |
| Sun Valley | $174,900 | $174,900 | 20 | 6305 Yukon Drive |
| Sun Valley | $174,900 | $174,900 | 15 | 7294 Raphael Drive |
| Sun Valley | $205,000 | $175,900 | 116 | 6300 E Crow Court |
| Sun Valley | $187,500 | $177,500 | 69 | 5713 Dewberry |
| Sun Valley | $183,900 | $183,900 | 23 | 7096 Strauss Dr |
| Sun Valley | $184,900 | $184,900 | 13 | 5488 Trapper Court |
| Sun Valley | $184,900 | $184,900 | 27 | 763 Picasso Court |
| Sun Valley | $197,500 | $188,500 | 69 | 5613 Tassel Dr |
| Sun Valley | $189,900 | $189,900 | 12 | 6940 Chorale Court |
| Sun Valley | $265,000 | $199,500 | 245 | 5686 Peach Ct |
| Sun Valley | $199,900 | $199,900 | 49 | 6220 W Chinook Court |
| Sun Valley | $200,000 | $200,000 | 14 | 5689 Peach Ct. |
| Sun Valley | $209,900 | $209,900 | 23 | 6295 W Cree Court |
| Sun Valley | $23,474,000 | $211,300 | 125 | 7351 Rubens Court |
| Sun Valley | $230,000 | $215,000 | 104 | 5473 Cabin Court |
| Sun Valley | $245,000 | $245,000 | 30 | 410 E Gepford Parkway |
Call Mitch Argon at 775-315-4424 or reach me online if you have any questions on any property on this page or current foreclosure market conditions. Buying one of these properties is a manageable process but there are things you should know about in advance of seriously pursuing a Sun Valley foreclosure.
Related Topics
- Greater Reno Area Foreclosure Home - Email Alert
- Greater Reno-Tahoe real estate market trends (by Sun Valley)
- Greater Reno-Tahoe home sold prices (by Sun Valley)
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