Las Vegas Area March 15, 2012 Active Listings by Type REO: 1235 (17%) Short Sale: 2965 (41%) All Other: 3059 (42%)   February 2012 Sales by Type: REO: 1623 (44%) Short Sale: 1083 (30%) Other: 933 (26%) This is just a guide for consumers to see what types of properties are closing vs what is listed. Currently we have the most closes in the REO sector and the least inventory in the REO sector and it is an extreme seller's market. Click here to see last month's Listing and Sales Type Report Click here to view the most recent stats What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports? General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, N... 03/26/2012

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 $... 01/09/2008

Sales activity in Rancho Alta Mira, a community in North Las Vegas, NV dropped more than 50% in the third quarter of 2007. Eight homes closed in the 3rd quarter, compared to 17 in the second quarter and 11 in the first. Existing resale inventory reduced from 45 homes to 35, (plus 4 with accepted offers), indicating some sellers may have decided to wait until the market improves. Buyers have a distinct advantage right now with a one-year supply of inventory to choose from. 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 third quarter sales: Address Sq Ft Bed/Bath List Price Sale Price DOM Closing Date 5113 Crimson Ridge 3089 4/3 $389,900 $357,500 73 07/16/07 4709 Sun Glory 2567 5/3 $339,900 $3... 10/12/2007

Sales activity in Rancho Alta Mira, a community in North Las Vegas, NV showed slight growth in the second quarter of 2007. Seventeen homes closed in the 2nd quarter, compared to 11 in the first quarter.Existing resale inventory moved from 40 homes (plus 10 with accepted offers) to 45 homes (plus 1 with an accepted offer), so the market still heavily favors buyers. Prices have adjusted down about 10% from 2006 levels, and total homes sold in the first half of the year are down 50%. 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 second quarter sales:AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date4604 Red Cider18593/2$389,999$373,4503805/24/075501 Via Rosa15703/2$319,999$320,0006306/14/... 07/22/2007

Home sales in Rancho Alta Mira, a community in North Las Vegas, NV are down about 25% so far in 2007. Eleven homes closed in the first quarter, compared to 16 in the same period in 2006.Existing resale inventory of 40 homes (plus 10 with accepted offers) means that there is about an eleven month supply of homes on the market, giving buyers lots of choices and room to negotiate. In this highly competitve market, it is vital to price competitively and have the home in its best showing condition. 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 first quarter sales:AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date4632 Via Delsur18123/2$374,900$361,3256402/08/074537 Special20644/3$340,000$352... 05/10/2007