Home sales activity in Bella Terra, a neighborhood in the master-planned community of Southern Highlands in Las Vegas, NV continued to struggle in the 4th quarter of 2007. Six homes closed, compared to five in the 3rd quarter. Year-over-year results were down 18%, with 40 homes sold in 2007 and 49 sold in 2006.
The current resale inventory of 47 homes (plus 5 homes with accepted offers) represents a very strong buyer's market. Homes in Bella Terra at Southern Highlands are close to schools, parks and shopping, 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 |
| 11280 Albergotta |
2320 |
4/3 |
$299,900 |
$290,900 |
104 |
11/16/07 |
| 11036 Parete |
1562 |
3/2 |
$254,900 |
$245,000 |
108 |
10/09/07 |
| 3138 Amari |
1816 |
3/3 |
$235,700 |
$229,575 |
77 |
10/23/07 |
| |
| 3096 Amari |
1370 |
3/2 |
$249,900 |
$227,950 |
77 |
11/30/07 |
| 3011 Cantabria |
1151 |
3/2 |
$223,073 |
$223,073 |
11 |
10/30/07 |
| 3746 Sesto |
1714 |
3/3 |
$219,900 |
$218,160 |
95 |
12/12/07 |
| |
(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)
Bella Terra at Southern Highlands has one and two-story homes from 1,151 to over 2,900 square feet, built from 2001 to 2004. For more information, or to buy or sell a home in Bella Terra at Southern Highlands, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
Other Southern Highlands neighborhoods:
Cortona Hills
Montagne Marron
Royal Highlands
Toscana Vineyards
See also:
Bella Terra market report - 3rd quarter, 2007
Bella Terra 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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