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Clearwater Canyon market report - 2nd quarter, 2007

Sales activity in Clearwater Canyon, a neighborhood in Henderson, NV showed a nice improvement in the second quarter of 2007. Six homes closed in the 2nd quarter, compared to 3 homes in the 1st quarter.

With 11 homes currently on the market, this subdivision is balanced - favoring neither buyers nor sellers. Prices have pulled back about 5-10% from 2006 levels. Homes in Clearwater Canyon are close to all of the wonderful amenities that living in Green Valley provides, as well as I-215, I-515 and McCarran International Airport.

Here are the details of the second quarter sales:

Address	Sq Ft	Bed/Bath	List Price	Sale Price	DOM	Closing Date
1806 Puerto	2118	3/2	$458,000	$458,000	3	05/03/07
1776 Baja	2118	3/2	$454,900	$444,000	38	04/30/07
1778 Crystal Stream	2279	3/2	$424,900	$415,500	7	04/27/07

1774 Clearwater Canyon	2279	2/2	$405,000	$400,000	148	04/10/07
1776 Lakewood	1959	3/2	$384,900	$372,000	34	04/23/07
1774 Baja	1796	3/2	$364,750	$350,000	91	05/31/07

(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)

Clearwater Canyon offers one and two-story homes from 1,796 to over 3,900 square feet, built between 1997 and 2005. For more information, or to buy or sell a home or condo in Clearwater Canyon, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

More neighborhood reports:
   Second Quarter 2007:
     Black Mountain Vistas
     Candle Creek
     Coventry at Anthem
     South Valley Ranch
     Whitney Ranch

   First Quarter 2007:
     Black Mountain Vistas
     Candle Creek
     Coventry at Anthem
     Inspiration at Green Valley Ranch
     South Valley Ranch
     Whitney Ranch