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Blue Diamond Springs market report - 1st quarter, 2007

By
Real Estate Agent with Keller Williams Realty The Marketplace NV License # 56750

Home sales activity in Blue Diamond Springs, a neighborhood in southwest Las Vegas, NV is off to a good start so far in 2007. Seven homes closed in the first quarter.

Existing resale inventory of 17 homes (plus 3 with accepted offers) means there is about a nine-month supply. Price and condition will be the determining factors on which homes buyers prefer. Homes in Blue Diamond Springs are close to all of the amenities of the growing southwest area of the valley, as well as the south Las Vegas Strip.

Here are the details of the first quarter sales:

AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date
8309 Brilliant Ruby18583/3$299,990$299,990702/14/07
4849 Eureka Diamond18563/3$299,999$299,00012103/15/07
8317 Brilliant Ruby15233/3$273,500$273,5002102/03/07
8320 Transvaal Blue16963/3$279,900$269,90011302/09/07
 
4889 Eureka Diamond15413/3$275,000$267,0001202/21/07
4808 Shelbourne15463/3$269,900$261,0004802/15/07
8354 Golden Amber15463/3$265,000$249,0009702/20/07
 
(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)

Blue Diamond Springs consists of one and two-story homes from 1,106 to over 2,700 square feet, built from 2004 to 2007. For more information, or to buy or sell a home in Blue Diamond Springs, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

More neighborhood reports:
     Blue Diamond Ranch
     Breamoor Heights
     Concordia at Deer Springs
     Concordia at Lone Mountain West
     El Capitan Ranch
     Elkhorn Springs
     Los Prados
     Maryland Pebble
     Nevada Trails
     Silverado Hills
     Silverado Trails

See also:
     Las Vegas real estate - April, 2007 market statistics
     Las Vegas real estate - March, 2007 market statistics
     Las Vegas real estate - February, 2007 market statistics
     Las Vegas real estate - January, 2007 market statistics