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Concordia at Deer Springs market report - 4th quarter, 2007

Home sales activity in Concordia at Deer Springs, a neighborhood in northwest Las Vegas, NV was dismal with just one home sold in the 4th quarter of 2007. This brought the total for the year to 11 homes, down 8% from the 12 homes sold in 2006.

An existing resale inventory of 7 homes (plus 3 with accepted offers) strongly favors buyers. Homes in Concordia at Deer Springs have convenient access to the I-215 Beltway and are close to Red Rock and Mount Charleston for plenty of outdoor recreation fun.

Here are the details of the fourth quarter sale:

Address	Sq Ft	Bed/Bath	List Price	Sale Price	DOM	Closing Date
6845 Relic	1806	3/3	$244,900	$227,000	85	11/09/07

(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)

Concordia at Deer Springs consists of one and two-story homes from 1,292 to nearly 2,000 square feet built from 2003 to 2005. For more information, or to buy or sell a home in Concordia at Deer Springs, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

Posted by John Novak - Las Vegas and Henderson NV Real Estate on 01/13/2008 11:35 PM

Comments (3)

las vegas real estate, las vegas market statistics, las vegas nevada, concordia at deer springs

This post has been included in Nevada Information Clark County, NV Information Las Vegas, NV Information

3 Comments on Concordia at Deer Springs market report - 4th quarter, 2007

John - Looks like a great use of the stats. You certainly have your area well covered. Great work!

01/14/2008 05:18 AM

by Joseph Ellman (Realty Executives- Williams-Sykes Realty)

John - down only 8% I consider that a good year. Here is hoping the market will see an increase this year.

01/14/2008 07:20 AM

by Jennifer Fivelsdal, Rhinebeck NY (Keller Williams Realty)

John: You did a fantastic job of reporting the stats in your area. Here's hoping 2008 will be great!

01/14/2008 08:18 AM

by Donna Yates, Georgia Realtor North Georgia Blue Ridge Real Estate (Mountain Investments of North Georgia)

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