Home sales activity in Silverado Hills, a neighborhood in the Silverado area of Las Vegas, NV fell sharply in the second quarter of 2007. Just one home closed in the 2nd quarter, compared to 4 in the first three months.
Existing resale inventory of 6 homes (plus 1 with an accepted offer) means buyers still have a few choices. Still, the reduction in inventory from the 1st quarter's 11 homes is encouraging news for sellers. Homes in Silverado Hills have convenient access to the I-215 Beltway and are close to the amneties of Green Valley Ranch and Anthem.
Here are the details of the second quarter sales:
| Address | Sq Ft | Bed/Bath | List Price | Sale Price | DOM | Closing Date |
| 9602 Hawaiian Summer | 2968 | 5/3 | $509,000 | $487,000 | 3 | 04/19/07 |
Silverado Hills consists of one and two-story homes from 1,617 to over 3,000 square feet built from 1996 to 1998. For more information, or to buy or sell a home in Silverado Hills, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
More neighborhood reports:
Silverado Hills market report - 1st quarter, 2007
Breamoor Heights
Concordia at Deer Springs
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
