Las Vegas, Henderson and North Las Vegas Real Estate: March 2008

Listed below are the current inventory and February, 2008 statistics for home sales in the North Las Vegas, Nevada real estate market. If you have any questions or need more information about real estate in North Las Vegas, Nevada call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!

Total Homes Available:

• Single-Family:  3,914  (17.2 month supply*)
• Condo:  118  (118.0 month supply)
• Townhouse:  107  (11.9 month supply)

Total Contingent and Pending Sales:

833  (as of March 6, 2008)

• Single-Family:  811
• Condo:  8
• Townhouse:  14

February, 2008 Sales:

Single-Family:  228  (Price range: $102,375 - $857,900) Condo:  1  (Price: $119,900) Townhouse:  9  (Price range: $134,500 - $285,000)

Sales per month   Sep Oct Nov Dec Jan '08 Feb '08 Single Family 183 184 162 154 193 228 Condominium 4 4 4 2 3 1 Townhouse 3 7 2 3 4 9

Single-Family:  $229,900 Condo:  $119,000 Townhouse:  $159,000

Median price by month   Sep Oct Nov Dec Jan '08 Feb '08 Single Family $260,000 $260,000 $254,450 $240,000 $225,000 $229,900 Condominium $167,500 $151,000 $158,450 $169,450 $132,000 $119,000 Townhouse $230,000 $199,000 $308,500 $164,000 $149,500 $159,000

• Single-Family:  96
• Condo:  243
• Townhouse:  100

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 101-103.
* - Supply = Homes Available/February Sales

Neighborhood reports - 4th quarter, 2007:
     Highland Hills
     Rancho Alta Mira
     Sun City Aliante

See also:     
     North Las Vegas real estate - January, 2008 market statistics
     North Las Vegas real estate - December, 2007 market statistics     
     North Las Vegas real estate - November, 2007 market statistics
     North Las Vegas real estate - October, 2007 market statistics

     North Las Vegas, Nevada - Demographics
     North Las Vegas, Nevada - Fast Facts

Listed below are the current inventory and February, 2008 statistics for home sales in the Henderson, Nevada real estate market. If you have any questions or need more information about real estate in Henderson, Nevada call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!

Total Homes Available:

• Single-Family:  3,006  (14.0 month supply*)
• Condo:  425  (42.5 month supply)
• Townhouse:  289  (19.3 month supply)

Total Contingent and Pending Sales:

642  (as of March 6, 2008)

• Single-Family:  579
• Condo:  27
• Townhouse:  36

February, 2008 Sales:

Single-Family:  214  (Price range: $106,000 - $1,375,000) Condo:  10  (Price range: $120,000 - $284,000) Townhouse:  15  (Price range: $139,900 - $265,000)

Sales per month   Sep Oct Nov Dec Jan '08 Feb '08 Single Family 183 161 183 151 187 214 Condominium 18 15 6 18 14 10 Townhouse 21 19 13 16 13 15

Single-Family:  $290,050 Condo:  $147,000 Townhouse:  $185,900

Median price by month   Sep Oct Nov Dec Jan '08 Feb '08 Single Family $329,000 $320,000 $305,500 $298,000 $295,000 $290,050 Condominium $181,500 $175,000 $172,500 $172,500 $170,750 $147,000 Townhouse $238,000 $227,000 $216,000 $203,750 $250,000 $185,900

• Single-Family:  76
• Condo:  89
• Townhouse:  96

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 601-606.
* - Supply = Homes Available/February Sales

Neighborhood reports - 4th quarter, 2007:

See also:            
     Henderson, Nevada real estate - January, 2008 market statistics    
     Henderson, Nevada real estate - December, 2007 market statistics     
     Henderson, Nevada real estate - November, 2007 market statistics
     Henderson, Nevada real estate - October, 2007 market statistics

     Henderson, Nevada - Demographics
     Henderson, Nevada - Fast Facts

Listed below are the current inventory and February, 2008 statistics for home sales in the Las Vegas, Nevada real estate market. If you have any questions or need more information about real estate in Las Vegas, Nevada call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!

Total Homes Available:

• Single-Family:  11,043  (17.5 month supply*)
• Condo:  2,851  (31.0 month supply)
• Townhouse:  942  (24.8 month supply)

Total Contingent and Pending Sales:

2,561  (as of March 5, 2008)

• Single-Family:  2,138
• Condo:  302
• Townhouse:  121

February, 2008 Sales:

Single-Family:  632  (Price range: $71,000 - $3,800,000) Condo:  92  (Price range: $66,500 - $5,000,000) Townhouse:  38  (Price range: $63,000 - $310,000)

Sales per month   Sep Oct Nov Dec Jan '08 Feb '08 Single Family 610 611 582 544 575 632 Condominium 105 105 81 75 87 92 Townhouse 61 46 54 51 44 38

Single-Family:  $243,950 Condo:  $138,550 Townhouse:  $170,000

Median price by month   Sep Oct Nov Dec Jan '08 Feb '08 Single Family $280,000 $270,000 $260,000 $260,000 $249,000 $243,950 Condominium $163,500 $152,000 $163,800 $160,000 $146,000 $138,550 Townhouse $185,900 $187,250 $193,500 $201,000 $198,000 $170,000

• Single-Family:  88
• Condo:  81
• Townhouse:  88

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 201-505.
* - Supply = Homes Available/February Sales

Neighborhood reports - 4th quarter, 2007:

See also:
     Las Vegas real estate - January, 2008 market statistics
     Las Vegas real estate - December, 2007 market statistics
     Las Vegas real estate - November, 2007 market statistics     
     Las Vegas real estate - October, 2007 market statistics

Welcome to your Henderson Nevada relocation package! What you see here today is only the beginning, so be sure to bookmark this site and check back frequently.

For the last ten years, Henderson has been one of the fastest growing cities in the United States. With that growth comes new neighborhoods, parks, schools, businesses, and shopping and dining opportunities. It's an exciting time to live in such a dynamic and vibrant city in the desert southwest.

Henderson's population passed 250,000 in 2006 and is expected to be over 400,000 by 2020. Master-planned communities such as Inspirada, Lake Las Vegas and Tuscany continue to attract new residents, and the city has a solid strategic plan in place to manage growth.

I hope that you find the information here interesting and useful. If you have any questions or would like me to write on a particular topic, just leave a note in the comments or contact me directly at JohnNovak@kw.com or (702) 339-9700.

Enjoy your online visit to Henderson Nevada! I think you'll quickly see why so many southern Nevadans choose Henderson as "A Place to Call Home."

About Henderson:

Henderson Demographics
Henderson Fast Facts

Henderson Nevada's Green Valley Ranch
Henderson Nevada: Colors of the Desert

Henderson Nevada Taxes Remain Low
Henderson Nevada Weather - Sunny and Warm

Henderson Events:

Henderson Hosts Classic Cadillacs
Henderson Super Run Big Success
Jazz on the Lake 2007

 Henderson Recreation:

Golfing in Henderson Nevada
Henderson Nevada - A Top 10 Walking City
Paseo Verde Little League One Game Away

Henderson Real Estate Market Activity:

October 2008 market statistics
September 2008 market statistics
August 2008 market statistics

Neighborhood Market Reports:

Black Mountain Vistas
Candle Creek
Clearwater Canyon
Coventry at Anthem 
Inspirada at Green Valley Ranch

Morningside
Palm Canyon
South Valley Ranch
Whitney Ranch

In preparing Henderson's  2008 budget, one of the guiding city initiatives was "maintain the City of Henderson's property tax at the same low rate for 18 years."

Our city leaders delivered on this goal, keeping the property tax rate at a low $0.71 per $100 of assessed valuation. This compares very favorably to Reno ($0.95), Las Vegas ($1.06) and North Las Vegas ($1.16).

At the city level, property taxes help pay for police and fire protection; street maintenance, lighting and flood control; parks and recreation facilities and programs; code enforcement; land-use planning; and customer service.

For more information on the City of Henderson's budget, see the Budget & Strategic Management page on the city's website, visit City Hall at 240 Water Street, or email COHBudget@cityofhenderson.com.