Las Vegas, Henderson and North Las Vegas Real Estate: July 2007

Concordia at Deer Springs market report - 2nd quarter, 2007

Home sales activity in Concordia at Deer Springs, a neighborhood in northwest Las Vegas, NV showed mixed results in the second quarter of 2007. On the positive side, six homes closed in the 2nd quarter, compared to four in the 1st quarter.

On the negative side, existing resale inventory increased from 12 to 17 homes (plus 1 with an accepted offer) which strongly favors buyers. In order to get homes sold, sellers will need to price aggressively, give the home maximum marketing exposure, and keep their homes in top showing condition. Homes in Concordia at Deer Springs have convenient access to the I-215 Beltway and are close to Red Rock and Mount Charleston for plenty of outdoor recreation fun.

Here are the details of the second quarter sales:

AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date
6854 Relic19944/3$341,000$336,5008305/17/07
6886 Relic18064/3$277,900$270,90012406/28/07
6841 Relic19944/3$270,000$270,00013905/11/07
 
6368 Sweet Pecan15223/3$264,500$250,0003105/17/07
6837 Sweet Pecan15223/3$251,900$232,5004105/09/07
6862 Momentos15223/3$219,900$200,00014905/17/07
 
(GLVAR deems information reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)

Concordia at Deer Springs consists of one and two-story homes from 1,292 to nearly 2,000 square feet built from 2003 to 2005. For more information, or to buy or sell a home in Concordia at Deer Springs, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

More neighborhood reports:
     Concordia at Deer Springs market report - 1st quarter, 2007

     Breamoor Heights
     Concordia at Lone Mountain West
     El Capitan Ranch
     Elkhorn Springs
     Los Prados
     Nevada Trails

See also:
     Las Vegas real estate - June, 2007 market statistics
     Las Vegas real estate - May, 2007 market statistics
     Las Vegas real estate - April, 2007 market statistics

4 comments • John Novak - Las Vegas and Henderson NV Real Estate • July 28 2007 11:19PM

Concordia at Lone Mountain West market report - 2nd quarter, 2007

Home sales in Concordia at Lone Mountain West, a neighborhood in northwest Las Vegas, NV were disappointing in the second quarter of 2007. Just one home closed in the second quarter, down from 4 in the 1st quarter.

Existing resale inventory increased by 50% (from 12 to 18) creating a highly competitive market. Sellers may need to re-examine their pricing strategy and make adjustments in order to attract attention from buyers. Homes in Concordia at Lone Mountain West have convenient access to the I-215 Beltway and are close to the recreational opportunities of Red Rock and Mount Charleston.

Here are the details of the second quarter sales:

AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date
10663 Mystic Seaport27154/3$468,500$460,00012906/07/07
 
(GLVAR deems information reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)

Concordia at Lone Mountain West consists of one and two-story homes from 1,630 to over 2,700 square feet, built from 2002 to 2005. For more information, or to buy or sell a home in Concordia at Lone Mountain West, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

More neighborhood reports:
     Concordia at Lone Mountain West market report - 1st quarter, 2007

     Breamoor Heights
     El Capitan Ranch
     Elkhorn Springs
     Los Prados
     Nevada Trails

See also:
     Las Vegas real estate - June, 2007 market statistics
     Las Vegas real estate - May, 2007 market statistics
     Las Vegas real estate - April, 2007 market statistics

0 comments • John Novak - Las Vegas and Henderson NV Real Estate • July 28 2007 11:04PM

Breamoor Heights market report - 2nd quarter, 2007

Home sales activity in Breamoor Heights, a neighborhood in the Summerlin master plan in Las Vegas, NV stayed postive in the second quarter of 2007. Two homes closed in the 2nd quarter, compared to five in the first three months.

While two sales may seem low, pirces seem to have stabilized. With existing resale inventory remaining at 5 homes, the balanced market still gives buyers a few choices in this gated community. Homes in Breamoor Heights have lot sizes from 8,961 square feet up to 1/4 acre and more.

Here are the details of the second quarter sales:

AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date
10808 Elm Ridge26684/3$674,900$674,900106/15/07
813 Star Pine26684/3$674,999$650,00020606/05/07
 
(GLVAR deems information reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)

Breamoor Heights consists of 120 one-story homes from 2,414 to over 3,100 square feet, built from 1998 to 2000. For more information, or to buy or sell a home in Breamoor Heights, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

More neighborhood reports:
     Breamoor Heights market report - 1st quarter, 2007
     
     El Capitan Ranch
     Elkhorn Springs
     Los Prados
     Nevada Trails

See also:
     Las Vegas real estate - June, 2007 market statistics
     Las Vegas real estate - May, 2007 market statistics
     Las Vegas real estate - April, 2007 market statistics

2 comments • John Novak - Las Vegas and Henderson NV Real Estate • July 28 2007 10:45PM

Elkhorn Springs market report - 2nd quarter, 2007

Home sales activity in Elkhorn Springs, a community in northwest Las Vegas, NV was up slightly in the 2nd quarter of 2007. Thirteen homes closed in the second quarter, compared to 10 in the first three months.

Existing resale inventory of 55 homes (plus 7 with accepted offers) means this is still a highly competitve market for sellers. With so many options available to buyers, it is crucial that owners price competitively and keep the home in top showing condition. Homes in Elkhorn Springs have easy access to the I-215 Beltway, as well as cycling, hiking, skiing and other recreational activities at Red Rock and Mount Charleston.

Here are the details of the second quarter sales:

AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date
7410 Red Cinder40776/3$649,000$620,0005904/04/07
7904 Thorne Pine20224/3$326,900$317,00016005/11/07
8024 Broken Spur18403/2$309,900$309,900504/26/07
 
7421 Forest Ivy17893/2$295,900$288,63913004/16/07
7237 Tame18003/3$287,000$278,39016505/30/07
8013 Radigan16153/2$274,900$274,0001305/21/07
 
7401 Alpine Ridge17023/2$289,000$271,6006805/18/07
8028 Revolver16743/3$269,900$268,2503605/10/07
8036 Shady Glen16153/2$277,900$268,00013904/04/07
 
7417 Alpine Ridge18094/2$279,900$267,5001406/21/07
7409 Red Eagle16683/2$267,700$250,0002106/06/07
7212 Tame12523/2$253,000$245,0008506/14/07
8120 Guava Nectar16193/2$241,000$235,0008204/03/07
 
(GLVAR deems information reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)

Elkhorn Springs consists of one and two-story homes from 1,055 to over 4,000 square feet, built from 1995 to 2004. For more information, or to buy or sell a home in Elkhorn Springs, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

More neighborhood reports:
     Elkhorn Springs market report - 1st quarter, 2007

     El Capitan Ranch
     Los Prados
     Nevada Trails

See also:
     Las Vegas real estate - June, 2007 market statistics
     Las Vegas real estate - May, 2007 market statistics
     Las Vegas real estate - April, 2007 market statistics

0 comments • John Novak - Las Vegas and Henderson NV Real Estate • July 27 2007 10:52PM

El Capitan Ranch market report - 2nd quarter, 2007

Home sales in El Capitan Ranch, a community in northwest Las Vegas, NV maintained a steady pace in the 2nd quarter of 2007. Eleven homes closed in the second quarter, compared to 10 in the first quarter.

Existing resale inventory of 39 homes (plus 3 with accepted offers) continues to favor buyers, giving them a wide range of options. Sellers need to understand how important price is in this kind of market, and be willing to price their home accordingly if they want to attract an offer. Homes in El Capitan Ranch are close to the I-215 Beltway, and the recreational options of Red Rock and Mount Charleston.

Here are the details of the second quarter sales:

AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date
8756 Castle Ridge49795/4$769,900$746,76014604/13/07
8720 Castle Hill49795/5$689,900$645,253105/29/07
8756 Castle View46404/3$491,900$512,1001306/19/07
 
8520 Copper Falls30835/3$450,000$443,0471004/19/07
8608 Gilmore30834/3$419,900$393,82019206/13/07
8621 Raindrop Canyon21554/3$380,000$368,6002104/10/07
 
8512 Copper Knoll16093/2$309,900$303,0002705/31/07
8772 Country View16533/3$300,000$300,0007104/04/07
8772 Harvest Valley15243/3$289,980$276,091605/24/07
 
8744 Country View16533/3$266,900$267,0004305/15/07
8705 Autumn Wreath16132/3$269,900$260,0003805/23/07
 
(GLVAR deems information reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)

El Capitan Ranch consists of one and two-story homes from 1,524 to nearly 5,000 square feet, built from 1996 to 2000. For more information, or to buy or sell a home in El Capitan Ranch, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

More neighborhood reports:
     El Capitan Ranch market report - 1st quarter, 2007

     Los Prados
     Nevada Trails

See also:
     Las Vegas real estate - June, 2007 market statistics
     Las Vegas real estate - May, 2007 market statistics
     Las Vegas real estate - April, 2007 market statistics

0 comments • John Novak - Las Vegas and Henderson NV Real Estate • July 27 2007 07:01PM