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Renee Burrows - Las Vegas NV Valley - Homes For Sale - SRES - SRS - AHWD - ABR

Summerlin Las Vegas, NV October 2009 Real Estate Market Report (Homes For Sale - Under Contract - Sold)

Summerlin Homes For Sale - Pending - Sold

Summerlin Homes For Sale - Pending - Sold

Summerlin October 2009 Real Estate Resale Market Report:

  • Listings (11/15/2009):  694
  • Under Contract (11/15/2009):  595
  • Sold October 2009:  170
  • Month's Inventory:  4.1

Absorption is slightly higher than Las Vegas Valley.

Since Last Month's Report:

  • Listings DOWN -2
  • Pendings DOWN -18 
  • Sold Units UNCHANGED

Last Month's Summerlin Report

Most Current Summerlin Market Report

Welcome Home to GATED N Las Vegas Communities: Palmilla Townhomes

Palmilla Townhomes North Las Vegas

Welcome Home to GATED N Las Vegas Communities:  Palmilla Townhomes

  • Gated Community
  • 301 Three Story Townhomes with Attached Garages & Balconies
  • Ranging from 1084-1672 Square Feet
  • Built From 2005-2007 by American Premiere 
  • Located Near the Cross Streets of Tropical & Centennial
  • Community Amenities Include:  Playground, Pool & Spa 

Palmilla Townhomes are located near shopping.  Good proximity to the Northern 215 Beltway/Decatur which can get you to the New Aliante Station Casino quickly!

 


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Sun City Aliante (North Las Vegas, NV) Real Estate Market Report for October 2009 (Homes For Sale/Under Contract/Sold)

Sun City Homes - Las Vegas, Henderson, North Las Vegas

Age Restricted (55+) Communities are scattered throughout the valley.  Many offer a variety community amenities for Seniors who enjoy active lifestyles.

Sun City Aliante Homes for Sale

Sun City Aliante is located in the Aliante Area of North Las Vegas, NV (zip 89084).  There are 1829 homes in Sun City Aliante ranging from 1157-2104 Square Feet.  Community Amenities Include:  Community Golf, Clubhouse, Gym, Pool, Spa, Tennis, Recroom.

Sun City Aliante Market Report:

  • Listings (11/15/2009):  47
  • Under Contract (11/15/2009):  22
  • Sold October 2009:  9
  • Absorption Rate: 5.2 Months of Inventory

Sun City Aliante is currently enjoying a seller's market.

Since Last Month's Report:  Aliante Sun City, North Las Vegas Listings are UP +12, Contracted Homes DOWN -10, Sales UP +1

Senior Real Estate SpecialistRenee Burrows carries the SRES (Senior Real Estate Specialist) Designation and has Probate and Estate experience.  If you need a referral to a Probate or Estate lawyer, please contact me!

Seniors Real Estate Specialists® are REALTORS® qualified to address the needs of home buyers and sellers age 50+. The SRES® Council awards the SRES® Designation to those members who have successfully completed its education program.

By earning the SRES® designation, your REALTOR® has demonstrated necessary knowledge and expertise to counsel clients age 50-plus through major financial and lifestyle transitions involved in relocating, refinancing, or selling the family home. Your REALTOR® has received special training, gets regular updates, and is prepared to offer the options and information needed in making life changing decisions.

For Last Month's North Las Vegas Sun City Aliante Report

For Most Current Sun Cities Market Report Click Here

Welcome Home to GATED SW Las Vegas Communities: Spanish Palms

Spanish Palms Las Vegas Homes For Sale

Welcome Home to SW GATED Las Vegas Communities:  Spanish Palms (Recorded as Johnas Est)

  • Gated Community
  • 30 Single Family Large, Executive Style, Detached Homes
  • Ranging from 2348-4024 Square Feet
  • Built From 1995-1997 by MBT Investments Builder 
  • Located Near the Cross Streets of W Russell & El Camino

Spanish Palms is close to many amenities - Spring Valley Hospital, Shopping (Arroyo Crossing is the largest), Restaurants and Professional Offices.  The 215 freeway is nearby and accessible from either Jones or Rainbow, which provides excellent proximity to UNLV, McCarran Airport, South Strip Employment & Entertainment centers.

 


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Las Vegas NV Area October 2009 REO Inventory Update: Still Very Little Inventory

Las Vegas Area Foreclosures For Sale - Pending - Sold

Las Vegas Area REO Inventory has risen since last report (+99 units), Under Contracts have fallen (-589) units  Closing data is UNCHANGED.  Low interest rates have spurred a flurry of buyer interest & activity this December and it continues.  

REO sales accounted for 66% of all Las Vegas Area Valley resale closings in October 2009.  REO listings account for only 22% of total resale listings.

Multiple offers are streaming in as banks continue to lower to fire and auction sale prices.

Current Listed Bank Owned Statistics:

  • Listings (11/15/2009): 2243
  • Under Contract (11/15/2009): 4454
  • Sold October 2009:  2869
  • Absorption Rate:  0.8 Months (THATS LESS THAN ONE MONTH = VERY LITTLE INVENTORY)

View Last Month's Report Here  

To find the most recent report, click here