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

A quick glance at the calendar and a friendly reminder from the weatherman tells me that triple-digit temperatures in Las Vegas are right around the corner. With the heat often comes triple-digit power bills as southern Nevadans try to stay cool.

Electric bills of $2-300 per month can put a strain on homeowner's budgets. To help smooth things out, Nevada Power offers an Equal Payment Plan. Residential customers can choose to pay for their annual power usage in twelve equal payments, making budgeting easier and cushioning the impact of high summer bills.

Here's an example of how the program works. In 2007, my summer bills were $169.48, $221.14, and $193.93, while my winter bills were about $45.00 per month. With the Equal Payment Plan, I would have paid $111.16 per month.

For more info or to sign up for the program, visit Nevada Power's website.

Sun City Anthem is an age-restricted community of one-story homes, from 1,080 to over 4,000 square feet, built from 1999 to 2008. For more information, or to buy or sell a home in Sun City Anthem, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

Here are the details of the May, 2008 sales:

Listed below are the current inventory and May, 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:

3,616  (as of June 4, 2008) 

• Single-Family:  3,379  (7.3 month supply*)
• Condo:  130  (26.0 month supply)
• Townhouse:  107  (13.4 month supply)

Total Contingent and Pending Sales:

1,531  (as of June 4, 2008)

• Single-Family:  1,485
• Condo:  23
• Townhouse:  23

May, 2008 Sales:

Single-Family:  465  (Price range: $85,000 - $700,000) Condo:  5  (Price range: $99,000 - $152,000) Townhouse:  8  (Price range: $105,730 - $230,000)

Sales per month   Dec Jan Feb Mar Apr May Single Family 154 193 228 326 400 465 Condominium 2 3 1 6 4 5 Townhouse 3 4 9 4 8 8

Median Selling Price:

Single-Family:  $215,000 Condo:  $125,000 Townhouse:  $134,750

Median price by month   Dec Jan Feb Mar Apr May Single Family $240,000 $225,000 $229,900 $216,500 $220,000 $215,000 Condominium $169,450 $132,000 $119,000 $121,250 $133,500 $125,000 Townhouse $164,000 $149,500 $159,000 $176,000 $157,000 $134,750

Average Days on Market:

• Single-Family:  75
• Condo:  94
• Townhouse:  54

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

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

See also:
     North Las Vegas real estate - April, 2008 market statistics     
     North Las Vegas real estate - March, 2008 market statistics
     North Las Vegas real estate - February, 2008 market statistic
     North Las Vegas real estate - January, 2008 market statistics

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

Listed below are the current inventory and May, 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:

3,211  (as of June 4, 2008) 

• Single-Family:  2,599  (7.2 month supply*)
• Condo:  357  (29.8 month supply)
• Townhouse:  255  (8.2 month supply)

Total Contingent and Pending Sales:

1,042  (as of June 4, 2008)

• Single-Family:  913
• Condo:  65
• Townhouse:  64

May, 2008 Sales:

Single-Family:  363  (Price range: $50,000 - $3,625,000) Condo:  12  (Price range: $90,000 - $179,000) Townhouse:  31  (Price range: $103,000 - $637,500)

Sales per month   Dec Jan Feb Mar Apr May Single Family 151 187 214 285 328 363 Condominium 18 14 10 11 18 12 Townhouse 16 13 15 21 20 31

Median Selling Price:

Single-Family:  $285,000 Condo:  $137,450 Townhouse:  $185,000

Median price by month   Dec Jan Feb Mar Apr May Single Family $298,000 $295,000 $290,050 $289,900 $285,900 $285,000 Condominium $172,500 $170,750 $147,000 $160,000 $149,000 $137,450 Townhouse $203,750 $250,000 $185,900 $170,000 $170,250 $185,000

Average Days on Market:

• Single-Family:  69
• Condo:  100
• Townhouse:  89

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

Neighborhood reports - 4th quarter, 2007:

See also:   
     Henderson, Nevada real estate - April, 2008 market statistics
     Henderson, Nevada real estate - March, 2008 market statistics    
     Henderson, Nevada real estate - February, 2008 market statistics
     Henderson, Nevada real estate - January, 2008 market statistics
     
     Henderson, Nevada - Demographics
     Henderson, Nevada - Fast Facts

Listed below are the current inventory and May, 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:

13,651  (as of June 4, 2008) 

• Single-Family:  10,021  (8.2 month supply*)
• Condo:  2,742  (18.7 month supply)
• Townhouse:  888  (13.3 month supply)

Total Contingent and Pending Sales:

4,122  (as of June 4, 2008)

• Single-Family:  3,520
• Condo:  427
• Townhouse:  175

May, 2008 Sales:

Single-Family:  1,221  (Price range: $45,000 - $5,100,000) Condo:  147  (Price range: $30,000 - $2,500,000) Townhouse:  67  (Price range: $49,500 - $375,000)

Sales per month   Dec Jan Feb Mar Apr May Single Family 544 575 632 854 1096 1221 Condominium 75 87 92 91 101 147 Townhouse 51 44 38 64 66 67

Median Selling Price:

Single-Family:  $234,000 Condo:  $126,000 Townhouse:  $160,000

Median price by month   Dec Jan Feb Mar Apr May Single Family $260,000 $249,000 $243,950 $240,000 $230,000 $234,000 Condominium $160,000 $146,000 $138,550 $154,500 $133,000 $126,000 Townhouse $201,000 $198,000 $170,000 $182,250 $169,500 $160,000

Average Days on Market:

• Single-Family:  71
• Condo:  83
• Townhouse:  74

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

Neighborhood reports - 4th quarter, 2007:

See also:
     Las Vegas real esate - April, 2008 market statistics
     Las Vegas real estate - March, 2008 market statistics
     Las Vegas real estate - February, 2008 market statistics
     Las Vegas real estate - January, 2008 market statistics