Sales activity in South Valley Ranch, a master-planned community in Henderson, NV was encouraging for the 2nd quarter of 2007. Sixteen homes and five condos closed from April 1 to June 30, compared to only 3 homes and 5 condos in the 1st quarter.
High inventory levels of 30 homes and 11 condos (plus 3 homes and 2 condos with accepted offers) continue to make this a challenging time for sellers. Competitive pricing and great showing condition will determine which homes receive offers. Homes in South Valley Ranch still remain very affordable relative to the overall Las Vegas market.
Here are the details of the second quarter sales:
| Address | Sq Ft | Bed/Bath | List Price | Sale Price | DOM | Closing Date |
| 624 Bonanza Plain | 3193 | 4/3 | $365,000 | $364,000 | 7 | 06/15/07 |
| 1065 Split Rail | 2127 | 4/3 | $334,900 | $325,000 | 35 | 04/20/07 |
| 712 Orchid Tree | 1756 | 3/3 | $304,999 | $297,000 | 178 | 06/06/07 |
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| 917 Ashurst | 1321 | 3/2 | $305,000 | $284,000 | 49 | 06/29/07 |
| 609 Saddle Rider | 1518 | 3/2 | $290,000 | $280,000 | 37 | 05/16/07 |
| 1040 Pleasent Run | 1756 | 4/3 | $285,000 | $270,000 | 48 | 05/29/07 |
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| 613 Bullwhip | 1321 | 3/2 | $275,000 | $270,000 | 7 | 04/18/07 |
| 709 Forest Haven | 1534 | 3/2 | $280,000 | $267,000 | 254 | 05/04/07 |
| 732 Red Bark | 1534 | 3/2 | $280,000 | $262,500 | 49 | 05/15/07 |
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| 613 Tobble Creek | 1321 | 3/2 | $259,900 | $259,900 | 50 | 04/20/07 |
| 917 Adobe Flat | 1321 | 3/2 | $269,900 | $259,475 | 9 | 06/08/07 |
| 912 Moore Oaks | 1321 | 3/2 | $269,000 | $257,000 | 71 | 06/27/07 |
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| 889 Angelus Oaks | 1382 | 3/2 | $249,900 | $244,900 | 17 | 06/26/07 |
| 717 Hitchen Post | 1127 | 3/2 | $249,000 | $241,530 | 180 | 05/02/07 |
| 853 Adobe Flat | 1127 | 2/2 | $242,900 | $240,272 | 138 | 04/06/07 |
| 664 Saloon | 1382 | 4/2 | $245,000 | $235,710 | 130 | 05/30/07 |
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| 833 Aspen Peak Loop #2524 | 1318 | 3/2 | $198,999 | $196,650 | 69 | 05/02/07 |
| 833 Aspen Peak Loop #1421 | 1249 | 2/2 | $199,900 | $195,900 | 271 | 05/18/07 |
| 833 Aspen Peak Loop #1113 | 1160 | 2/2 | $196,999 | $187,210 | 132 | 04/04/07 |
| 833 Aspen Peak Loop #2613 | 1160 | 2/2 | $189,999 | $187,000 | 66 | 04/30/07 |
| 833 Aspen Peak Loop #1314 | 1160 | 2/2 | $190,000 | $183,000 | 67 | 06/26/07 |
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(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.
More neighborhood reports:
First Quarter, 2007:
Black Mountain Vistas
Candle Creek
Clearwater Canyon
Coventry at Anthem
Inspiration at Green Valley Ranch
South Valley Ranch
Whitney Ranch
See also:
Henderson, Nevada real estate - June, 2007 statistics
Henderson, Nevada real estate - May, 2007 statistics
Henderson, Nevada real estate - April, 2007 statistics
Henderson, Nevada real estate - March, 2007 statistics
Henderson, Nevada real estate - February, 2007 statistics
Henderson, Nevada real estate - January, 2007 statistics
Henderson, Nevada - Demographics
Henderson, Nevada - Fast Facts
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