Home sales activity in Blue Diamond Springs, a neighborhood in southwest Las Vegas, NV was disappointing in the 4th quarter with only three closings, compared to nine in the 3rd quarter. For the year, a total of 21 homes closed, up over 100% from 2006 when 10 homes sold. It is important to note, however, that 9 of the 21 were standing inventory from the builder.
Existing resale inventory of 13 homes, (plus 2 with accepted offers), represents a strong buyer's market. Homes in Blue Diamond Springs are close to all of the amenities of the growing southwest area of the valley, as well as the south Las Vegas Strip.
Here are the details of the fourth quarter sales:
| Address |
Sq Ft |
Bed/Bath |
List Price |
Sale Price |
DOM |
Closing Date |
| 8277 Pearl Oasis |
2784 |
4/3 |
$299,990 |
$299,990 |
37 |
10/18/07 |
| 4833 Eureka Diamond |
2307 |
4/3 |
$270,000 |
$249,000 |
101 |
11/16/07 |
| 4836 Golden Shimmer |
1731 |
3/3 |
$229,990 |
$229,990 |
41 |
10/09/07 |
| |
(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)
Blue Diamond Springs consists of one and two-story homes from 1,106 to over 2,700 square feet, built from 2004 to 2007. For more information, or to buy or sell a home in Blue Diamond Springs, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
See also:
Blue Diamond Springs market report - 3rd quarter, 2007
Blue Diamond Springs market report - 2nd quarter, 2007
Blue Diamond Springs market report - 1st quarter, 2007
Las Vegas real estate - December, 2007 market statistics
Las Vegas real estate - November, 2007 market statistics
Las Vegas real estate - October, 2007 market statistics
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