Las Vegas, Henderson and North Las Vegas Real Estate: North Las Vegas real estate - February, 2008 market statistics

North Las Vegas real estate - February, 2008 market statistics

Listed below are the current inventory and February, 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:

4,139  (as of March 6, 2008) 
  • Single-Family:  3,914  (17.2 month supply*)
  • Condo:  118  (118.0 month supply)
  • Townhouse:  107  (11.9 month supply)

Total Contingent and Pending Sales:

833  (as of March 6, 2008)

  • Single-Family:  811
  • Condo:  8
  • Townhouse:  14

February, 2008 Sales:

  • Single-Family:  228  (Price range: $102,375 - $857,900)
  • Condo:  1  (Price: $119,900)
  • Townhouse:  9  (Price range: $134,500 - $285,000)
Sales per month
 SepOctNovDecJan '08Feb '08
Single Family183184162154193228
Condominium444231
Townhouse372349


Median Selling Price:
  • Single-Family:  $229,900
  • Condo:  $119,000
  • Townhouse:  $159,000
Median price by month
 SepOctNovDecJan '08Feb '08
Single Family$260,000$260,000$254,450$240,000$225,000$229,900
Condominium$167,500$151,000$158,450$169,450$132,000$119,000
Townhouse$230,000$199,000$308,500$164,000$149,500$159,000


Average Days on Market:
  • Single-Family:  96
  • Condo:  243
  • Townhouse:  100

 
 SepOctNovDecJan '08Feb '08
Single Family918697879496
Condominium57130112114227243
Townhouse561309752115100

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

Neighborhood reports - 4th quarter, 2007:
     Highland Hills
     Rancho Alta Mira
     Sun City Aliante

See also:     
     North Las Vegas real estate - January, 2008 market statistics
     North Las Vegas real estate - December, 2007 market statistics     
     North Las Vegas real estate - November, 2007 market statistics
     North Las Vegas real estate - October, 2007 market statistics

     North Las Vegas, Nevada - Demographics
     North Las Vegas, Nevada - Fast Facts

4 comments • John Novak - Las Vegas and Henderson NV Real Estate • March 07 2008 02:52AM

Comments

Great information. Thanks for posting. Did you compile this information? If so, what references did you use? I like to pull something like this together for my areas.
Posted by Katie Graham - Denver Real Estate (Cherry Creek Properties, LLC) about 4 years ago
Good to see that sales have been up for a few months there and that prices seem to be holding steady. Consumers eat up this kind of information, and I'm amazed more people don't put it to good use.  Nice job!
Posted by Margaret Woda, Maryland Real Estate & Military Relocation Services (Long & Foster Real Estate, Inc., Crofton, MD) about 4 years ago
John - I am sure more people are paying attention to the numbers.  We always happy to see things moving into a positive direction.
Posted by Jennifer Fivelsdal Rhinebeck Real Estate (Serving Dutchess| Columbia|Ulster Ctys (LIC. R.E. Broker JFIVE Home Realty LLC ) about 4 years ago

John: Thanks for the welcoming post. Yep, still snowy here in the cheesehead state. Ssend us some of those upward trending numbers please! Our sales are off 50% from 2007.

-Pete Rondello 

Posted by Pete Rondello Sr (Coldwell Banker Mulleady Inc.) about 4 years ago

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