Home sales activity in Palm Canyon, a neighborhood near Black Mountain in Henderson, NV is down considerably so far in 2007. Five homes closed in the first quarter, compared to 11 in the same period in 2006.
Existing resale inventory of 24 homes (plus 2 with accepted offers) means there is about a 15 month supply. This gives buyers lots of options and opportunities to negotiate, so it is crucial that homes are priced correctly and in top showing condition to get them sold. Homes in Palm Canyon have lot sizes from about 6,000 square feet up to 1/4 acre and more.
Here are the details of the first quarter sales:
| Address | Sq Ft | Bed/Bath | List Price | Sale Price | DOM | Closing Date |
| 163 Coastal Pier | 2018 | 4/3 | $375,000 | $371,000 | 103 | 02/23/07 |
| 830 Cypress Pines | 2018 | 4/3 | $367,000 | $360,000 | 81 | 02/28/07 |
| 831 Woodtack Cove | 1802 | 3/2 | $364,900 | $345,000 | 125 | 01/18/07 |
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| 182 Las Pasadas | 2018 | 4/3 | $339,900 | $329,703 | 14 | 03/27/07 |
| 865 Woodtack Cove | 1668 | 3/2 | $299,500 | $278,950 | 82 | 02/22/07 |
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(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)Palm Canyon consists of 598 one-story homes from 1,323 to over 2,000 square feet, built from 1994 to 1997. For more information, or to buy or sell a home in Palm Canyon, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
More neighborhood reports:
Black Mountain Vistas
Candle Creek
Clearwater Canyon
Coventry at Anthem
Inspiration at Green Valley Ranch
Morningside
South Valley Ranch
Whitney Ranch
See also:
Henderson, Nevada real estate - March, 2007 statistics
Henderson, Nevada real estate - February, 2007 statistics
Henderson, Nevada real estate - January, 2007 statistics
Henderson, Nevada - Demographics
Henderson, Nevada - Fast Facts
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