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Elkhorn Springs market report - 2nd quarter, 2007

By
Real Estate Agent with Keller Williams Realty The Marketplace NV License # 56750

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:

AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date
7410 Red Cinder40776/3$649,000$620,0005904/04/07
7904 Thorne Pine20224/3$326,900$317,00016005/11/07
8024 Broken Spur18403/2$309,900$309,900504/26/07
 
7421 Forest Ivy17893/2$295,900$288,63913004/16/07
7237 Tame18003/3$287,000$278,39016505/30/07
8013 Radigan16153/2$274,900$274,0001305/21/07
 
7401 Alpine Ridge17023/2$289,000$271,6006805/18/07
8028 Revolver16743/3$269,900$268,2503605/10/07
8036 Shady Glen16153/2$277,900$268,00013904/04/07
 
7417 Alpine Ridge18094/2$279,900$267,5001406/21/07
7409 Red Eagle16683/2$267,700$250,0002106/06/07
7212 Tame12523/2$253,000$245,0008506/14/07
8120 Guava Nectar16193/2$241,000$235,0008204/03/07
 
(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)

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