LAS PALMAS RANCH INVENTORY UPDATE:To date there are 44 homes for sale and 5 pending sales at Las Palmas Ranch. The inventory is moving slowly. Since January 1, 2007 there have been 31 homes have sold including Phase 1 and Phase 2 of Las Palmas Ranch. The lowest price being $619k up to $1,7k. So it looks like we still have about 8 to 9 months of inventory on hand. I am seeing the prices coming down a little and I believe will level off soon.
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