Sales activity in Mission Ridge, a condominium development in the Green Valley Ranch master plan in Henderson, NV was down 50% in the first quarter of 2007. Eight units closed, compared to 16 in the same quarter of 2006.
Existing resale inventory of 39 units (plus 7 with accepted offers) means there is about a 15-month supply. Price and condition play crucial roles as buyers make their decisions. Condos in Mission Ridge are close to all of the amenities of Green Valley Ranch, and have quick access to the I-215 beltway.
Here are the details of the first quarter sales:
| Address | Sq Ft | Bed/Bath | List Price | Sale Price | DOM | Closing Date |
| 700 Carnegie #1313 | 1156 | 2/2 | $239,900 | $230,000 | 62 | 01/29/07 |
| 2305 W Horizon Ridge #111 | 1200 | 2/2 | $234,900 | $228,000 | 62 | 03/02/07 |
| 2305 W Horizon Ridge #1013 | 1224 | 3/2 | $229,999 | $223,000 | 61 | 03/02/07 |
| 2305 W Horizon Ridge #321 | 1200 | 2/2 | $220,000 | $210,000 | 2 | 02/23/07 |
| 700 Carnegie #2823 | 1198 | 3/2 | $209,900 | $200,350 | 197 | 03/08/07 |
| 700 Carnegie #1823 | 1198 | 3/2 | $210,000 | $198,850 | 119 | 03/30/07 |
| 700 Carnegie #1514 | 1042 | 2/2 | $204,900 | $197,880 | 98 | 03/15/07 |
| 700 Carnegie #3213 | 1042 | 2/2 | $203,500 | $190,000 | 158 | 03/22/07 |
Mission Ridge consists of 704 two and three-bedroom condos from 1,042 to 1,224 square feet, built from 2000 to 2004. For more information, or to buy or sell a condo in Mission Ridge, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
Other Las Vegas and Henderson condo market reports:
Duck Creek Village
Manhattan
Mission Ridge
Paradise Village
Park Avenue
Trilogy at Stephanie
Trilogy at Warm Springs South
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