Home sales activity in Silverado Trails, a neighborhood in the master planned community of Silverado Ranch in Las Vegas, NV slowed a bit in the third quarter of 2007, dropping from five closings to two. Twelve homes have closed so far this year, compared to 17 in the first nine months of 2006.
While closings were down, resale inventory was also reduced to 20 homes (plus 5 with accepted offers), indicating that third quarter results may be more of the exception than the rule. Buyers will continue to focus on price and features, so it is important for sellers to price aggressively and give their homes maximum marketing exposure. Homes in Silverado Trails are convenient to the south Las Vegas Strip, Anthem, Green Valley Ranch and the I-215 Beltway.
Here are the details of the third quarter sales:
| Address | Sq Ft | Bed/Bath | List Price | Sale Price | DOM | Closing Date |
| 9843 Silver Chimes | 1991 | 4/3 | $309,990 | $309,990 | 39 | 08/06/07 |
| 2000 Silver Breeze | 1930 | 4/3 | $319,900 | $299,571 | 140 | 09/12/07 |
(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 Trails consists of one and two-story homes from 1,486 to over 2,200 square feet, built from 1996 to 2001. For more information, or to buy or sell a home in Silverado Trails, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
See also:
Silverado Trails market report - 2nd quarter, 2007
Silverado Trails market report - 1st quarter, 2007
Las Vegas real estate - September, 2007 market statistics
Las Vegas real estate - August, 2007 market statistics
Las Vegas real estate - July, 2007 market statistics
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