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Through October of 2009, there have been a total of 4,896 homes sold in Henderson Nevada. The median sale was a 3-bedroom, 1800 square foot home with a selling price of $185,000. The median selling price for a single-family home continued to slide, falling to $188,000.
Here's a quick look at price, volume and financing trends in the Henderson real estate market.



To find out more about buying or selling real estate in Henderson Nevada, just give me a call at (702) 339-9700, or email me at JohnNovak@kw.com.
(GLVAR deems information reliable but not guaranteed. Data is for MLS areas 601-606.)
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Sun City Anthem is an age-restricted community of one-story homes, from 1,080 to over 4,000 square feet, built from 1999 to 2008. For more information, or to buy or sell a home in Sun City Anthem, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
| Sales Activity from Oct 1 - 31, 2009: | |
| Homes Sold: | 32 |
| Median Price: | $226,900 |
| Average DOM: | 57 |
| Existing Inventory: | |
| Homes for Sale: | 136 |
| Price Range: | $127,900 - $1,299,000 |
| Under Contract: | 68 |


Here are the details of the October, 2009 sales for homes in Sun City Anthem:
| Address | Sq Ft | Bed/Bath | List Price | Sale Price | DOM | Notes |
| 2249 Savannah River | 2908 | 3/4 | $499,900 | $465,000 | 46 | |
| 2940 Foxtail Creek | 1917 | 2/2 | $399,999 | $393,500 | 85 | |
| 2546 Portsmouth Creek | 2546 | 3/3 | $445,000 | $388,000 | 4 | Bank owned |
| 1605 Wellington Spring | 2536 | 2/3 | $398,500 | $380,000 | 15 | |
| 2123 Cotton Valley | 2708 | 3/4 | $332,900 | $361,000 | 7 | Bank owned |
| 1627 Clarksville | 2592 | 2/3 | $365,000 | $354,000 | 9 | |
| 2171 Clearwater Lake | 2638 | 2/3 | $355,000 | $343,500 | 108 | |
| 2360 Hardin Ridge | 2037 | 2/3 | $359,000 | $340,000 | 132 | |
| 3062 Sumter Valley | 2337 | 3/3 | $319,900 | $310,000 | 9 | |
| 2120 Savannah River | 2096 | 2/2 | $310,000 | $297,247 | 83 | Short sale |
| 2493 Black River Falls | 2096 | 2/2 | $299,000 | $287,000 | 43 | |
| 2183 Savannah River | 2401 | 2/2 | $275,900 | $275,900 | 25 | Bank owned |
| 2234 Frost | 2012 | 2/2 | $299,000 | $275,000 | 7 | |
| 2605 Dearport | 1610 | 2/2 | $274,000 | $250,000 | 495 | |
| 2241 Valley Falls | 1836 | 2/2 | $249,000 | $228,800 | 13 | |
| 2279 Potter Lake | 1524 | 2/2 | $239,000 | $225,000 | 145 | |
| 2590 Highmore | 1632 | 2/2 | $229,000 | $224,000 | 16 | |
| 2844 Meadow Park | 1993 | 2/2 | $234,500 | $223,100 | 20 | Short sale |
| 2553 Evansville | 1715 | 2/2 | $225,000 | $221,000 | 14 | |
| 2608 Langford | 1524 | 2/2 | $225,000 | $220,000 | 53 | |
| 3024 Canal Walk | 1482 | 2/2 | $219,900 | $200,000 | 72 | |
| 2253 Valley Falls | 1836 | 2/2 | $197,900 | $199,900 | 37 | Bank owned |
| 2140 Sawtooth Mountain | 1712 | 2/2 | $185,000 | $185,000 | 21 | Bank owned |
| 2871 Goldcreek | 1482 | 2/2 | $184,500 | $180,000 | 1 | |
| 2207 Idaho Falls | 1496 | 2/2 | $169,900 | $180,000 | 14 | Bank owned |
| 2636 Harrisburg | 1512 | 2/2 | $199,925 | $179,950 | 143 | |
| 2135 Sawtooth Mountain | 1712 | 2/2 | $209,900 | $178,000 | 57 | Short sale |
| 2722 Grand Forks | 1512 | 2/2 | $189,900 | $174,000 | 36 | Short sale |
| 1640 Wellington Spring | 1508 | 2/2 | $157,900 | $145,000 | 48 | Bank owned |
| 2535 Libretto | 1160 | 2/2 | $165,000 | $140,000 | 29 | |
| 2138 Cedar Valley | 1080 | 2/2 | $127,500 | $125,450 | 22 | Bank owned |
| 2507 Capriccio | 1112 | 2/2 | $133,000 | $107,890 | 17 | Bank owned |
(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)
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Sales activity in the Henderson Nevada real estate market for October, 2009 and current Henderson real estate inventory is summarized below. If you have any questions or need more information about real estate in Henderson Nevada call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!
Total Homes Available:
1,744 (as of November 5, 2009)
Total Contingent and Pending Sales:
1,955 (as of November 5, 2009)
October, 2009 Sales:
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Median Selling Price:
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Average Days on Market:
| May | Jun | Jul | Aug | Sep | Oct | |
| Single Family | 74 | 73 | 65 | 60 | 59 | 55 |
| Condominium | 112 | 63 | 65 | 74 | 55 | 69 |
| Townhouse | 77 | 74 | 77 | 49 | 50 | 51 |
GLVAR deems information reliable but not guaranteed. Information is for MLS areas 601-606.
* - Supply = Homes Available/October Sales
Neighborhood reports - 3rd quarter, 2009:
Previous reports:
Henderson Nevada Real Estate - September, 2009 Market Statistics
Henderson Nevada Real Estate - August, 2009 Market Statistics
Henderson Nevada Real Estate - July, 2009 Market Statistics
See also:
Henderson Nevada - Demographics
Henderson Nevada - Fast Facts
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Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles.
Sun City MacDonald Ranch is located in the Green Valley Area of Henderson, NV (zip 89012). There are 893 Homes in Sun City MacDonald Ranch ranging from 1020-2489 Square Feet. Community Amenities Include: Clubhouse, Community Golf, Gym, Pool, Spa, Tennis
Sun City MacDonald Ranch Market Report:
Sun City MacDonald Ranch is currently enjoying a stable market.
Renee 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 Las Vegas - Henderson - North Las Vegas Sun Cities Market Report Please Click Here!
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Mortgage loans that were labeled subprime just a few years ago were partly responsible for the notorious real estate bubble. When it burst and let all the air out, the subprime product quickly disappeared from the bloodied scene. Many housing observers warmed up their fingers over keyboards and wrote all these tearful obituaries, believing it would be gone for good. But guess what? It's now back.
This much-criticized mortgage segment has adopted a new backer, however. Subprime used to be pretty much exclusively conventional lenders' territory, until the recent thermonuclear event. With their exit a new player emerged to fill the void, Ginnie Mae, a wholly-owned government corporation created within HUD. Ginnie Mae is another adorable name in the mortgage arena, besides Fannie Mae and Freddie Mac.
Ginnie Mae operates a little differently from its above-mentioned and better-known sister agencies. It guarantees investors timely payment of interest and principal on MBS, or mortgage-backed securities, supported by federally insured loans, meaning FHA, and federally guaranteed loans, in this case VA. The majority of its guarantees go to these two organizations. Ginnie Mae is not in the business of buying or selling loans or issuing MBS.
According to the Federal Reserve Bank of San Francisco, FHA mortgage lending has skyrocketed in the last several months, achieved with the Ginnie Mae's guarantees. In 2006 subprime paper accounted for about 20% of all home loans. Then its market share plunged to near zero and now it is climbing back up again. San Francisco Fed asserts that today mortgage borrowers nationwide with FICO scores under 660 command slightly over 20% of the market. In short, it's back to where it was only three years ago. That raises some eyebrows. And rightfully so.
FHA has flirted with trouble lately as mortgage loan losses are mounting. Sinking property values have a lot to do with this, as are the lenient underwriting guidelines FHA uses, in other words subprime lending, and the generally weak economy. As of right now it looks as if it doesn't need a government bailout, feared by many. If home prices stabilize soon across the board, it'll be safe.
Las Vegas valley - including communities of Mountains Edge, Summerlin, Anthem, Henderson, Southern Highlands, Green Valley and North Las Vegas - has benefited greatly from FHA mortgages. Especially first-time home buyers have been using them and the nice tax credit to provide demand in an otherwise sluggish market. Without FHA the light at the end of the tunnel for Southern Nevada housing market would be just a tiny speck
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