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

Prayers for the Gulf Coast

Three years ago today, Hurricane Katrina battered the Louisiana, Mississippi and Alabama coastlines with Category 3 winds and a storm surge that breached the levees in New Orleans. The next day we watched helplessly as our television screens showed the first images of floodwaters invading New Orleans block by block. Like so many others, I didn't know anyone in the region but felt compelled to help.

At the same time, Keller Williams was holding their quarterly Mega Camp in Austin, Texas. The response to this catastrophic event was swift. A message board was set up online to help market centers communicate with their agents and staff. Donations poured into KW Cares, and KW leadership worked non-stop to create the Heart 2 Heart program. I was the Heart Specialist for the Green Valley office - the main point of contact for our assigned agent from Metairie, LA.

Hurricane Gustav 3-day Projected Path

With Gustav poised to move into the Gulf this weekend, I think of all of the Gulf Coast agents that I know from ActiveRain and social networking. This time it's much more personal. I think of Eric Bouler's photos of the French Quarter, and his love for LSU football. Amber Riviere gave us some great tips as a virtual assistant, and shared her experiences as she worked to get her real estate license. Paul Chaney, co-author of Realty Blogging, mentored Ines Hegedus-Garcia during Project Blogger. The spirit and culture of New Orleans can be found thoroughout Lisa Heindel's blog.

Frank Rubi, Lindsay Pendleton and Michelle Molinari are familiar names from the Rain. I follow MarkMayhew, pchaney and lisaheindel on Twitter. Jim Brown, Paul Chaney, Mike Deloney, Lisa Heindel, Chris Johnston, Rene Manfre, Jeanne Quinn and Amber Riviere are all LinkedIn connections.

To everyone in the Gulf Coast, our thoughts and prayers are with you this holiday weekend. Know that you will not face this storm alone, that hundreds of online communities will be there to help and support you. Be strong, be smart, and be safe!

(Image from www.noaa.gov and is in the public domain.)

Henderson Nevada's Green Valley Ranch

On the south side of the I-215 Beltway between Arroyo Grande and Pecos, lies Green Valley Ranch, one of Henderson Nevada's most popular master planned communities. Development of the project began in the mid 90's and today the 1,310-acre site is comprised of 31 villages with over 4,000 homes and more than 10,000 residents.

Satellite map of Green Valley Ranch in Henderson NV


Four parks and a greenbelt of walking trails provide plenty of natural recreational activities. For more organized options, the Henderson Multigenerational Center offers aerobics, basketball, a jogging track, and indoor and outdoor pools. Cultural needs are met by the center's art gallery as well as the nearby Paseo Verde Library and the Henderson Pavilion which hosts outdoor festivals, theatre and concerts.

Henderson Pavilion at Green Valley Ranch


A wide array of shopping and dining choices are available in the mixed-use community of The District at Green Valley Ranch. Shoppers can browse at Sharper Image, Pottery Barn, Williams-Sonoma, Whole Foods Market, Ann Taylor Loft, Jos. A. Bank Clothier, and several other boutique shops. When it's time for a meal, diners can enjoy the fare at Lucille's Smokehouse Bar-B-Que, P.F. Chang's China Bistro, and The Cheesecake Factory, or just grab a quick bite at La Salsa, Panera Bread, or Ben & Jerry's. If the action at The District isn't enough, the world-famous Green Valley Ranch Resort, Spa & Casino is right next door.

Shopping at The District at Green Valley Ranch in Henderson NV


Homes in the Green Valley Ranch resale market range from 2-bedroom, 1200 square foot models in the low 200's to 6-bedroom, 7800 square foot estates priced over $2.8 million. Condos and townhomes are also available, including a limited number of flats and lofts at The District. For more information about real estate in Green Valley Ranch, contact John Novak with Keller Williams at (702) 339-9700 or JohnNovak@kw.com.

North Las Vegas real estate - July, 2008 market statistics

Listed below are the current inventory and July, 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:

3,562  (as of August 13, 2008) 

  • Single-Family:  3,334  (5.1 month supply*)
  • Condo:  122  (9.4 month supply)
  • Townhouse:  106  (8.8 month supply)

Total Contingent and Pending Sales:

1,622  (as of August 13, 2008)

  • Single-Family:  1,568
  • Condo:  26
  • Townhouse:  28

July, 2008 Sales:

  • Single-Family:  656  (Price range: $45,000 - $1,098,000)
  • Condo:  13  (Price range: $57,000 - $140,000)
  • Townhouse:  12  (Price range: $104,000 - $178,968)
North Las Vegas real estate - 6 month Sales Trend
Sales per month
  Feb Mar Apr May Jun Jul
Single Family 228 326 400 465 521 656
Condominium 1 6 4 5 8 13
Townhouse 9 4 8 8 9 12

 


 Median Selling Price:

  • Single-Family:  $200,000
  • Condo:  $105,000
  • Townhouse:  $133,100
North Las Vegas real estate - 6 month Price Trend
Median price by month
  Feb Mar Apr May Jun Jul
Single Family $229,900 $216,500 $220,000 $215,000 $204,000 $200,000
Condominium $119,000 $121,250 $133,500 $125,000 $98,875 $105,000
Townhouse $159,000 $176,000 $157,000 $134,750 $150,000 $133,100

 


 Average Days on Market:

  • Single-Family:  62
  • Condo:  87
  • Townhouse:  61

 
  Feb Mar Apr May Jun Jul
Single Family 96 90 75 75 69 62
Condominium 243 146 42 94 100 87
Townhouse 100 55 58 54 61 61

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


See also:
     North Las Vegas real estate - June, 2008 market statistics
     North Las Vegas real estate - May, 2008 market statistics
     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

Henderson Nevada real estate - July 2008 market statistics

Listed below are the current inventory and July, 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:

3,076  (as of August 12, 2008) 

  • Single-Family:  2,463  (6.1 month supply*)
  • Condo:  371  (10.9 month supply)
  • Townhouse:  242  (8.1 month supply)

Total Contingent and Pending Sales:

986  (as of August 12, 2008)

  • Single-Family:  861
  • Condo:  52
  • Townhouse:  73

July, 2008 Sales:

  • Single-Family:  407  (Price range: $75,000 - $1,895,000)
  • Condo:  34  (Price range: $100,000 - $620,000)
  • Townhouse:  30  (Price range: $65,000 - $380,000)
Henderson Nevada Real Estate - 6 month Sales Trend
Sales per month
  Feb Mar Apr May Jun Jul
Single Family 214 285 328 363 366 407
Condominium 10 11 18 12 24 34
Townhouse 15 21 20 31 29 30

 


 Median Selling Price:

  • Single-Family:  $265,000
  • Condo:  $145,000
  • Townhouse:  $164,950
Henderson Nevada Real Estate - 6 month Price Trend
Median price by month
  Feb Mar Apr May Jun Jul
Single Family $290,050 $289,900 $285,900 $285,000 $276,000 $265,000
Condominium $147,000 $160,000 $149,000 $137,450 $147,250 $145,000
Townhouse $185,900 $170,000 $170,250 $185,000 $176,250 $164,950

 


  Average Days on Market:

  • Single-Family:  70
  • Condo:  63
  • Townhouse:  76

 
  Feb Mar Apr May Jun Jul
Single Family 76 94 78 69 69 70
Condominium 89 110 73 100 88 63
Townhouse 96 83 106 89 64 76

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


Neighborhood reports - 2nd quarter, 2008:

Anthem Country Club Inspiration at Green Valley Ranch
Anthem Highlands Solera at Anthem
Black Mountain Vistas South Valley Ranch
Calico Ridge Southfork
Candle Creek Sun City Anthem - (June)
Clearwater Canyon Sun City MacDonald Ranch
Coventry at Anthem Ventana Canyon
Glengarry at Anthem  

See also:   
     Henderson Nevada real estate - June, 2008 market statistics
     Henderson Nevada real estate - May, 2008 market statistics
     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

Las Vegas real estate - July, 2008 market statistics

Listed below are the current inventory and July, 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:

14,073  (as of August 11, 2008) 

  • Single-Family:  10,330  (6.5 month supply*)
  • Condo:  2,851  (14.8 month supply)
  • Townhouse:  892  (10.6 month supply)

Total Contingent and Pending Sales:

4,407  (as of August 11, 2008)

  • Single-Family:  3,773
  • Condo:  453
  • Townhouse:  181

 July, 2008 Sales:

  • Single-Family:  1,591  (Price range: $40,000 - $2,600,000)
  • Condo:  192  (Price range: $55,000 - $2,600,000)
  • Townhouse:  84  (Price range: $50,400 - $526,500)
Las Vegas Real Estate - 6 month Sales Trend
Sales per month
  Feb Mar Apr May Jun Jul
Single Family 632 854 1096 1221 1317 1591
Condominium 92 91 101 147 158 192
Townhouse 38 64 66 67 72 84


 Median Selling Price:

  • Single-Family:  $214,900
  • Condo:  $120,000
  • Townhouse:  $160,000
Las Vegas Real Estate - 6 month Price Trend
Median price by month
  Feb Mar Apr May Jun Jul
Single Family $243,950 $240,000 $230,000 $234,000 $224,900 $214,900
Condominium $138,550 $154,500 $133,000 $126,000 $121,000 $120,000
Townhouse $170,000 $182,250 $169,500 $160,000 $156,250 $160,000

 


Average Days on Market:

  • Single-Family:  64
  • Condo:  80
  • Townhouse:  75

 
  Feb Mar Apr May Jun Jul
Single Family 88 82 75 71 74 64
Condominium 81 84 90 83 81 80
Townhouse 88 77 93 74 86 75

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


See also:
     Las Vegas real estate - June, 2008 market statistics
     Las Vegas real estate - May, 2008 market statistics
     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