Sales activity in South Valley Ranch, a master-planned community in Henderson, NV was up slightly in the 4th quarter of 2007. Six homes closed during the period, compared to 3 homes and 2 condos in the 3rd quarter. For the year, 28 homes and 12 condos were sold, down 47% from the 57 homes and 18 condos sold in 2006.
Existing resale inventory remains very high at 40 homes and 12 condos (plus 3 homes with accepted offers) making this an extremely challenging time for sellers.
Here are the details of the fourth quarter sales:
| Address |
Sq Ft |
Bed/Bath |
List Price |
Sale Price |
DOM |
Closing Date |
| 644 Hitchen Post |
2000 |
4/3 |
$279,900 |
$271,020 |
19 |
10/01/07 |
| 1057 Spotted Bull |
1317 |
3/2 |
$270,000 |
$262,000 |
75 |
12/31/07 |
| 789 Hitchen Post |
1313 |
3/2 |
$225,000 |
$215,000 |
20 |
10/24/07 |
| |
| 605 Capstone |
1733 |
3/2 |
$229,000 |
$205,000 |
18 |
12/04/07 |
| 1072 Spotted Bull |
1317 |
3/2 |
$225,000 |
$203,700 |
73 |
12/21/07 |
| 1065 Spotted Bull |
1313 |
3/2 |
$182,000 |
$175,000 |
139 |
12/26/07 |
| |
(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)
South Valley Ranch offers one and two-story homes from 956 to over 3,000 square feet. The Aspen Peak Condominiums have three floorplans - 1160, 1249 and 1318 square feet. For more information, or to buy or sell a home or condo in South Valley Ranch, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
See also:
South Valley Ranch market report - 3rd quarter, 2007
South Valley Ranch market report - 2nd quarter, 2007
South Valley Ranch market report - 1st quarter, 2007
Henderson, Nevada real estate - December, 2007 statistics
Henderson, Nevada real estate - November, 2007 statistics
Henderson, Nevada real estate - October, 2007 statistics
Henderson, Nevada - Demographics
Henderson, Nevada - Fast Facts
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