Home sales activity in Elkhorn Springs, a community in northwest Las Vegas, NV was up slightly in the 2nd quarter of 2007. Thirteen homes closed in the second quarter, compared to 10 in the first three months.
Existing resale inventory of 55 homes (plus 7 with accepted offers) means this is still a highly competitve market for sellers. With so many options available to buyers, it is crucial that owners price competitively and keep the home in top showing condition. Homes in Elkhorn Springs have easy access to the I-215 Beltway, as well as cycling, hiking, skiing and other recreational activities at Red Rock and Mount Charleston.
Here are the details of the second quarter sales:
Address | Sq Ft | Bed/Bath | List Price | Sale Price | DOM | Closing Date |
7410 Red Cinder | 4077 | 6/3 | $649,000 | $620,000 | 59 | 04/04/07 |
7904 Thorne Pine | 2022 | 4/3 | $326,900 | $317,000 | 160 | 05/11/07 |
8024 Broken Spur | 1840 | 3/2 | $309,900 | $309,900 | 5 | 04/26/07 |
7421 Forest Ivy | 1789 | 3/2 | $295,900 | $288,639 | 130 | 04/16/07 |
7237 Tame | 1800 | 3/3 | $287,000 | $278,390 | 165 | 05/30/07 |
8013 Radigan | 1615 | 3/2 | $274,900 | $274,000 | 13 | 05/21/07 |
7401 Alpine Ridge | 1702 | 3/2 | $289,000 | $271,600 | 68 | 05/18/07 |
8028 Revolver | 1674 | 3/3 | $269,900 | $268,250 | 36 | 05/10/07 |
8036 Shady Glen | 1615 | 3/2 | $277,900 | $268,000 | 139 | 04/04/07 |
7417 Alpine Ridge | 1809 | 4/2 | $279,900 | $267,500 | 14 | 06/21/07 |
7409 Red Eagle | 1668 | 3/2 | $267,700 | $250,000 | 21 | 06/06/07 |
7212 Tame | 1252 | 3/2 | $253,000 | $245,000 | 85 | 06/14/07 |
8120 Guava Nectar | 1619 | 3/2 | $241,000 | $235,000 | 82 | 04/03/07 |
Elkhorn Springs consists of one and two-story homes from 1,055 to over 4,000 square feet, built from 1995 to 2004. For more information, or to buy or sell a home in Elkhorn Springs, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
More neighborhood reports:
Elkhorn Springs market report - 1st quarter, 2007
El Capitan Ranch
Los Prados
Nevada Trails
See also:
Las Vegas real estate - June, 2007 market statistics
Las Vegas real estate - May, 2007 market statistics
Las Vegas real estate - April, 2007 market statistics
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