Las Vegas, Henderson and North Las Vegas Real Estate: Concordia at Deer Springs market report - 2nd quarter, 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

Comments

John - you just keep giving me inspiration on what else I can do to provide buyers and sellers information.  Thanks!
Posted by Christina Ethridge (The North Idaho Dream Team powered by SKE Realty Group) almost 5 years ago
John, are you marketing your market reports to these areas? They are awesome -to the point and anyone living there would love to keep up on this!
Posted by Mariana Wagner ~ Colorado Springs REALTORĀ® (Wagner iTeam -Keller Williams Realty) almost 5 years ago

Christina - Glad I can help! Thanks for the compliment.

Mariana - Not yet. I need to figure out a cost (and time) effective way to get these out, plus I'll need to fill in the gaps with additional touches. Should have something in place in a few months. I may borrow your neighborhood blog idea. Living in Greenhaven is a great resource!

Posted by John Novak - Las Vegas and Henderson NV Real Estate (Keller Williams Realty The Marketplace) almost 5 years ago
Market report time!  dood numbers for the second quarter, we've been seeing increase in inventory as well.  It goes up and down - but the important factor is more sales.  Our DOM's are much longer than yours though.
Posted by Rick & Ines - Miami Beach Real Estate (Majestic Properties) almost 5 years ago

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