Sales activity in Rancho Alta Mira, a community in North Las Vegas, NV continued slow in the 4th quarter of 2007. Seven homes closed, one less than in the 3rd quarter. Annual results were down 28%, with 43 homes sold in 2007 compared to 60 in 2006.
Existing resale inventory of 32 homes, (plus 3 with accepted offers), provides about a one-year supply and strongly favors buyers. Homes in Rancho Alta Mira generally have larger lots (6-10,000 sq ft) and more mature landscaping than newer homes.
Here are the details of the fourth quarter sales:
| Address |
Sq Ft |
Bed/Bath |
List Price |
Sale Price |
DOM |
Closing Date |
| 4564 Gonzales |
2237 |
4/3 |
$335,000 |
$316,000 |
220 |
11/07/07 |
| 4557 Gonzales |
1752 |
3/2 |
$315,000 |
$308,000 |
28 |
10/24/07 |
| 5205 Red Glory |
2015 |
4/2 |
$319,900 |
$305,000 |
66 |
12/11/07 |
| |
| 4713 Boston Ivy |
2567 |
5/3 |
$293,400 |
$284,700 |
48 |
11/29/07 |
| 5124 Costabella |
1752 |
3/2 |
$264,850 |
$254,750 |
90 |
10/10/07 |
| |
| 4420 La Lima |
1486 |
3/2 |
$194,900 |
$186,000 |
5 |
12/12/07 |
| 4512 Rodman |
1424 |
3/2 |
$195,000 |
$179,750 |
12 |
11/13/07 |
| |
(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)
Rancho Alta Mira consists of one and two-story homes from 1,152 to over 3,000 square feet, built from 1990 to 1996. For more information, or to buy or sell a home in Rancho Alta Mira, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
See also:
Rancho Alta Mira market report - 3rd quarter, 2007
Rancho Alta Mira market report - 2nd quarter, 2007
Rancho Alta Mira market report - 1st quarter, 2007
North Las Vegas real estate - December, 2007 market statistics
North Las Vegas real estate - November, 2007 market statistics
North Las Vegas real estate - October, 2007 market statistics
North Las Vegas, Nevada - Demographics
North Las Vegas, Nevada - Fast Facts
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