Home sales in Candle Creek, a neighborhood adjacent to the master-planned community of Whitney Ranch in Henderson, NV showed slight signs of improvement during the third quarter of 2007. Five homes closed in this period, up from three in the 2nd quarter.
Existing resale inventory has been reduced to 22 homes, down from 26 in the second quarter. Two homes are in escrow. With a one-year supply of inventory, sellers need to focus on pricing and marketing to create showings and generate offers. Homes in Candle Creek offer good values relative to the overall Las Vegas market.
Here are the details of the third quarter sales:
| Address |
Sq Ft |
Bed/Bath |
List Price |
Sale Price |
DOM |
Closing Date |
| 907 Alta Oaks |
3742 |
5/3 |
$505,900 |
$494,925 |
108 |
07/18/07 |
| 715 Rocky Trail |
2906 |
5/3 |
$444,990 |
$410,000 |
56 |
08/07/07 |
| |
| 916 Alta Oaks |
2075 |
4/3 |
$385,000 |
$370,000 |
176 |
08/14/07 |
| 738 Spruce Tree |
2136 |
3/3 |
$360,876 |
$339,700 |
38 |
07/31/07 |
| 1522 Shady Rest |
1942 |
3/2 |
$329,900 |
$318,000 |
23 |
08/31/07 |
| |
(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)
Candle Creek offers one and two-story homes from 1,348 to over 3,800 square feet, built from 1988 to 1996. For more information, or to buy or sell a home in Candle Creek, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
See also:
Candle Creek market report - 2nd quarter, 2007
Candle Creek market report - 1st quarter, 2007
Henderson, Nevada real estate - September, 2007 statistics
Henderson, Nevada real estate - August, 2007 statistics
Henderson, Nevada real estate - July, 2007 statistics
Henderson, Nevada - Demographics
Henderson, Nevada - Fast Facts
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