Home sales in Silverado Court 1 and 2, a neighborhood in the Silverado area of Henderson and Las Vegas, NV kept a lethargic pace in the third quarter of 2007. Two homes closed, matching the previous quarter, and significantly down from seven in the first three months. 

Existing resale inventory grew to 22 homes making this an extremely challenging market for sellers. Foreclosures and short sales are also putting pressure on market prices, as can be seen by the disparity in selling prices below. Homes in Silverado Court 1 and 2 are located close to schools, shopping and recreation 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
10628 Salmon Leap 2729 4/3 $439,900 $439,900 58 08/06/07
10574 Salmon Leap 2729 4/3 $364,900 $346,000 11 09/07/07
 

(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)

Silverado Court 1 and 2 consists of one and two-story homes from 2,218 to over 2,700 square feet, built from 2004 to 2006. For more information, or to buy or sell a home in Silverado Court 1 and 2, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

See also:
     Silverado Court 1 and 2 market report - 2nd quarter, 2007
     Silverado Court 1 and 2 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

 
This post has been included in Nevada Information Clark County, NV Information Henderson, NV Information
Post is included in group: Posts to Localism
Post is included in group: Market Updates
Post is included in group: Market Reports
Post is included in group: Local Expert

0 Comments on Silverado Court 1 and 2 market report - 3rd quarter, 2007

Leave a response…



(optional)
What does the graphic say?
 
Profilecpk Rainmaker_large

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 REALTORĀ®.

Do Not Miss VREBC

Real Estate Blogs - BlogCatalog Blog Directory Real Estate blogs
Yellow Pages for USA and Canada Real Time Web Analytics Clicky


Links

Archives

RSS 2.0 Feed for this blog

Find NV real estate agents and Las Vegas real estate on ActiveRain.