Special offer

Southern Highlands: Cortona Hills market report - 4th quarter, 2007

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

Home sales activity in Cortona Hills, a neighborhood in the master-planned community of Southern Highlands in Las Vegas, NV slowed in the 4th quarter with only one home closed. This brought the 2007 total to 9 sales, down 25% from 12 homes sold in 2006.

Despite the slow 4th quarter, the current resale inventory of 4 homes should still be considered a balanced market. Homes in Cortona Hills 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 sale:

Address Sq Ft Bed/Bath List Price Sale Price DOM Closing Date
5014 Calvary 3015 4/4 $429,900 $406,805 95 12/18/07
 

(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)

Cortona Hills consists of one and two-story homes from 2,332 to over 3,800 square feet built in 2001 and 2002. For more information, or to buy or sell a home in Cortona Hills at Southern Highlands, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

Other Southern Highlands neighborhoods:
     Bella Terra
     Montagne Marron
     Royal Highlands
     Toscana Vineyards
    
See also:
     Cortona Hills market report - 3rd quarter, 2007
     Cortona Hills 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