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Home sales activity in Concordia at Deer Springs, a neighborhood in northwest Las Vegas, NV showed mixed results in the second quarter of 2007. On the positive side, six homes closed in the 2nd quarter, compared to four in the 1st quarter.

On the negative side, existing resale inventory increased from 12 to 17 homes (plus 1 with an accepted offer) which strongly favors buyers. In order to get homes sold, sellers will need to price aggressively, give the home maximum marketing exposure, and keep their homes in top showing condition. Homes in Concordia at Deer Springs have convenient access to the I-215 Beltway and are close to Red Rock and Mount Charleston for plenty of outdoor recreation fun.

Here are the details of the second quarter sales:

Address Sq Ft Bed/Bath List Price Sale Price DOM Closing Date
6854 Relic 1994 4/3 $341,000 $336,500 83 05/17/07
6886 Relic 1806 4/3 $277,900 $270,900 124 06/28/07
6841 Relic 1994 4/3 $270,000 $270,000 139 05/11/07
 
6368 Sweet Pecan 1522 3/3 $264,500 $250,000 31 05/17/07
6837 Sweet Pecan 1522 3/3 $251,900 $232,500 41 05/09/07
6862 Momentos 1522 3/3 $219,900 $200,000 149 05/17/07
 
(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)

Concordia at Deer Springs consists of one and two-story homes from 1,292 to nearly 2,000 square feet built from 2003 to 2005. For more information, or to buy or sell a home in Concordia at Deer Springs, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

More neighborhood reports:
     Concordia at Deer Springs market report - 1st quarter, 2007

     Breamoor Heights
     Concordia at Lone Mountain West
     El Capitan Ranch
     Elkhorn Springs
     Los Prados
     Nevada Trails

See also:
     Las Vegas real estate - June, 2007 market statistics
     Las Vegas real estate - May, 2007 market statistics
     Las Vegas real estate - April, 2007 market statistics

 

4 Comments on Concordia at Deer Springs market report - 2nd quarter, 2007

JUL
29
2007
John - you just keep giving me inspiration on what else I can do to provide buyers and sellers information.  Thanks!
9:06am • #1
321,500 Points 70 Featured Posts Localism Sponsor Outside Blog
John, are you marketing your market reports to these areas? They are awesome -to the point and anyone living there would love to keep up on this!
4:39pm • #2
JUL
30
2007
1,215,833 Points 44 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Christina - Glad I can help! Thanks for the compliment.

Mariana - Not yet. I need to figure out a cost (and time) effective way to get these out, plus I'll need to fill in the gaps with additional touches. Should have something in place in a few months. I may borrow your neighborhood blog idea. Living in Greenhaven is a great resource!
2:01am • #3
JUL
31
2007
219,012 Points 56 Featured Posts Outside Blog
Market report time!  dood numbers for the second quarter, we've been seeing increase in inventory as well.  It goes up and down - but the important factor is more sales.  Our DOM's are much longer than yours though.
11:21pm • #4

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John Novak - Las Vegas and Henderson NV Real Estate

Las Vegas, NV

More about me…

Keller Williams Realty The Marketplace

Address: 2230 Corporate Circle, Suite 250, Henderson, NV, 89074

Office Phone: (702) 939-0000

Cell Phone: (702) 339-9700

Email Me

News, statistics, and observations about the residential real estate market in southern Nevada, and my experiences and thoughts about being a REALTOR®.

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