Home sales activity in Elkhorn Springs, a community in northwest Las Vegas, NV doubled in the 4th quarter of 2007. Fifteen homes closed, up eight from the 3rd quarter. For the year, a total of 45 homes were sold, down 44% from 80 in 2006.
Currently 53 homes are available (plus 6 with accepted offers), representing a nearly one-year supply which strongly favors buyers. Homes in Elkhorn Springs have easy access to the I-215 Beltway, as well as cycling, hiking, skiing and other recreational activities at Red Rock and Mount Charleston.
Here are the details of the fourth quarter sales:
| Address | Sq Ft | Bed/Bath | List Price | Sale Price | DOM | Closing Date |
| 7240 Red Cinder | 3676 | 4/3 | $759,000 | $740,000 | 129 | 10/24/07 |
| 7412 Burrow Pine | 2022 | 4/3 | $314,900 | $285,000 | 63 | 11/15/07 |
| 7957 Quail Mountain | 2694 | 4/3 | $279,500 | $279,500 | 245 | 11/05/07 |
| 7845 Russling Leaf | 2421 | 3/2 | $279,900 | $270,750 | 139 | 10/31/07 |
| 7540 Dusty Lake | 2639 | 4/3 | $275,000 | $269,000 | 248 | 11/15/07 |
| 8204 Hollister | 1674 | 3/3 | $275,000 | $269,000 | 4 | 10/25/07 |
| 7617 Gosport | 1789 | 3/2 | $253,900 | $253,505 | 6 | 11/30/07 |
| 7512 Pinto Bluff | 2022 | 4/3 | $261,900 | $249,510 | 148 | 10/30/07 |
| 8044 Revolver | 1674 | 3/3 | $259,000 | $243,460 | 30 | 10/25/07 |
| 7420 Mountain Thicket | 1702 | 3/2 | $259,900 | $242,500 | 40 | 11/01/07 |
| 8109 Rugged | 1434 | 3/2 | $250,000 | $231,764 | 14 | 12/07/07 |
| 7313 Cogburn | 1674 | 3/3 | $249,900 | $227,020 | 239 | 12/31/07 |
| 8341 Spruce Meadows | 1809 | 3/2 | $230,000 | $220,000 | 188 | 12/17/07 |
| 7824 Thorne Pine | 1366 | 4/2 | $205,900 | $184,300 | 23 | 12/03/07 |
| 8025 Exploration | 1674 | 3/3 | $190,000 | $182,000 | 4 | 11/19/07 |
(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)
Elkhorn Springs consists of one and two-story homes from 1,055 to over 4,000 square feet, built from 1995 to 2004. For more information, or to buy or sell a home in Elkhorn Springs, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
See also:
Elkhorn Springs market report - 3rd quarter, 2007
Elkhorn Springs market report - 2nd quarter, 2007
Elkhorn Springs market report - 1st quarter, 2007
Las Vegas real estate - December, 2007 market statistics
Las Vegas real estate - November, 2007 market statistics
Las Vegas real estate - October, 2007 market statistics
