Home sales in Inspiration at Green Valley Ranch, a townhouse community in Henderson NV continued their downward trend in the third quarter of 2007. Only three townhouses closed, compared to six in the 2nd quarter and nine in the 1st quarter.
The resale inventory was nearly cut in half to 13 townhouses, (plus one in escrow), but that still represents about a one-year supply. In a highly competitive market like this, price and marketing exposure play key roles in whether or not sellers' homes get showing and offers. Townhouses in Inspiration at Green Valley Ranch are located near The District (a mixed-use development), the Henderson Multigenerational Center, and the Paseo Verde Library, and have quick access to the I-215 freeway.
Here are the details of the third quarter sales:
| Address |
Sq Ft |
Bed/Bath |
List Price |
Sale Price |
DOM |
Closing Date |
| 275 Spectacular |
2090 |
3/3 |
$449,900 |
$400,000 |
47 |
08/29/07 |
| 2565 Upton |
1744 |
2/3 |
$319,900 |
$305,550 |
65 |
09/21/07 |
| 260 Jaramillo |
1622 |
3/3 |
$300,000 |
$279,000 |
139 |
09/21/07 |
| |
(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)
Inspiration at Green Valley Ranch consists of 312 one and two-story townhouses from 1,018 to over 2,300 square feet, built from 2003 to 2005. For more information, or to buy or sell a townhouse in Inspiration at Green Valley Ranch, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
See also:
Inspiration at Green Valley Ranch market report - 2nd quarter, 2007
Inspiration at Green Valley Ranch 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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