Sales activity in South Valley Ranch, a master-planned community in Henderson, NV was up slightly in the 4th quarter of 2007. Six homes closed during the period, compared to 3 homes and 2 condos in the 3rd quarter. For the year, 28 homes and 12 condos were sold, down 47% from the 57 homes and 18 condos sold in 2006.
Existing resale inventory remains very high at 40 homes and 12 condos (plus 3 homes with accepted offers) making this an extremely challenging time for sellers.
Here are the details of the fourth quarter sales:
| Address | Sq Ft | Bed/Bath | List Price | Sale Price | DOM | Closing Date |
| 644 Hitchen Post | 2000 | 4/3 | $279,900 | $271,020 | 19 | 10/01/07 |
| 1057 Spotted Bull | 1317 | 3/2 | $270,000 | $262,000 | 75 | 12/31/07 |
| 789 Hitchen Post | 1313 | 3/2 | $225,000 | $215,000 | 20 | 10/24/07 |
| 605 Capstone | 1733 | 3/2 | $229,000 | $205,000 | 18 | 12/04/07 |
| 1072 Spotted Bull | 1317 | 3/2 | $225,000 | $203,700 | 73 | 12/21/07 |
| 1065 Spotted Bull | 1313 | 3/2 | $182,000 | $175,000 | 139 | 12/26/07 |
(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)
South Valley Ranch offers one and two-story homes from 956 to over 3,000 square feet. The Aspen Peak Condominiums have three floorplans - 1160, 1249 and 1318 square feet. For more information, or to buy or sell a home or condo in South Valley Ranch, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
See also:
South Valley Ranch market report - 3rd quarter, 2007
South Valley Ranch market report - 2nd quarter, 2007
South Valley Ranch market report - 1st quarter, 2007
Henderson, Nevada real estate - December, 2007 statistics
Henderson, Nevada real estate - November, 2007 statistics
Henderson, Nevada real estate - October, 2007 statistics
Henderson, Nevada - Demographics
Henderson, Nevada - Fast Facts
