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Highland Hills market report - 2nd quarter, 2007

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

Home sales in Highland Hills, a community in North Las Vegas, NV kept a steady pace in the second quarter of 2007. Eleven homes closed in the 2nd quarter, matching the results from the first quarter.

Existing resale inventory of 33 homes (plus 2 with accepted offers) represents about a 25% increase and further establishes this as a buyers market. With so much competition, sellers need to price aggressively and be sure that their home is in top showing condition. Homes in Highland Hills offer good value per square foot relative to the Las Vegas valley.

Here are the details of the second quarter sales:

AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date
6032 Harvest Dance28795/3$392,000$388,5004106/06/07
3873 China Cloud28795/3$354,990$330,00017306/14/07
3930 Caribbean Blue19463/3$284,900$292,500105/31/07
 
838 Royalmile18694/3$260,000$267,5001804/07/07
911 Royalmile18693/3$269,000$264,66115104/11/07
3809 Nestled Oak16503/3$269,000$259,2003804/06/07
 
6118 Highland Gardens19463/3$267,900$258,99014006/26/07
6312 Morning Roses14703/2$249,950$249,9504906/01/07
3715 Caribbean Blue14703/2$248,000$248,00011204/04/07
 
915 Royalmile15273/2$254,999$247,3458804/12/07
4205 Catalan Sails14703/2$249,000$242,5004704/30/07
 
(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)

Highland Hills consists of one and two-story homes from 959 to over 2,800 square feet, and were built from 1995 to 2003. For more information, or to buy or sell a home in Highland Hills, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

See also:
     Highland Hills market report - 1st quarter, 2007

     North Las Vegas real estate - June, 2007 market statistics
     North Las Vegas real estate - May, 2007 market statistics
     North Las Vegas real estate - April, 2007 market statistics

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