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Henderson, NV

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Henderson Nevada Real Estate Trends

11-07-09
John Novak - Las Vegas and Henderson NV Real Estate
John Novak - Las Vegas and Henderson NV Real Estate: Real Estate Agent in Las Vegas, NV
  • view my blog
  • Office: (702) 939-0000
  • Mobile: (702) 339-9700
  • Secondary: (702) 456-5959

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.

Henderson Nevada Real Estate Prices


Henderson Nevada Real Estate Sales


Henderson Nevada Real Estate Financing


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 - October 2009 real estate report

11-06-09
John Novak - Las Vegas and Henderson NV Real Estate
John Novak - Las Vegas and Henderson NV Real Estate: Real Estate Agent in Las Vegas, NV
  • view my blog
  • Office: (702) 939-0000
  • Mobile: (702) 339-9700
  • Secondary: (702) 456-5959

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.

Sun City Anthem in Henderson, NV

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


Sun City Anthem home sales



Sun City Anthem home prices


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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Henderson Nevada Real Estate - October, 2009 Market Statistics

11-05-09
John Novak - Las Vegas and Henderson NV Real Estate
John Novak - Las Vegas and Henderson NV Real Estate: Real Estate Agent in Las Vegas, NV
  • view my blog
  • Office: (702) 939-0000
  • Mobile: (702) 339-9700
  • Secondary: (702) 456-5959

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) 

  • Single-Family:  1,454  (3.3 month supply*)
  • Condo:  170  (2.5 month supply)
  • Townhouse:  120  (2.0 month supply)

Total Contingent and Pending Sales:

1,955  (as of November 5, 2009)

  • Single-Family:  1,564
  • Condo:  208
  • Townhouse:  183

 October, 2009 Sales:

  • Single-Family:  447  (Price range: $27,000 - $1,730,000)
  • Condo:  67  (Price range: $21,000 - $200,000)
  • Townhouse:  61  (Price range: $32,500 - $470,000)
Henderson Nevada Real Estate Sales
Sales per month            
  May Jun Jul Aug Sep Oct
Single Family 413 499 478 404 422 447
Condominium 47 79 73 69 63 67
Townhouse 40 49 57 37 52 61

Median Selling Price:

  • Single-Family:  $188,000
  • Condo:  $74,500
  • Townhouse:  $104,000
Henderson Nevada Real Estate Prices
Median price by month            
  May Jun Jul Aug Sep Oct
Single Family $200,000 $200,000 $195,000 $205,000 $197,326 $188,000
Condominium $85,000 $80,000 $70,000 $75,000 $74,000 $74,500
Townhouse $110,625 $108,000 $109,000 $98,000 $104,000 $104,000

Average Days on Market:

  • Single-Family:  55
  • Condo:  69
  • Townhouse:  51

             
  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:

Anthem Country Club Inspiration at Green Valley Ranch
Anthem Highlands Solera at Anthem
Black Mountain Vistas South Valley Ranch
Calico Ridge Southfork
Candle Creek Sun City Anthem - (Sep)
Clearwater Canyon Sun City MacDonald Ranch
Coventry at Anthem Ventana Canyon
Glengarry at Anthem  

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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Sun City MacDonald Ranch (Henderson, NV) Real Estate Market Report for September 2009 (Homes For Sale/Under Contract/Sold)

10-29-09
Renee Burrows - Las Vegas NV Valley - Homes For Sale - SRES - SRS - AHWD - ABR
Renee Burrows - Las Vegas NV Valley - Homes For Sale - SRES - SRS - AHWD - ABR: Real Estate Agent in Las Vegas, NV
  • view my blog
  • Office: (702) 966-2494 x0
  • Mobile: (702) 580-1783
  • Secondary: (702) 966-2494

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 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 Homes For Sale

Sun City MacDonald Ranch Market Report:

  • Listings (10/15/2009): 16
  • Under Contract (10/15/2009): 5
  • Sold September 2009: 3
  • Absorption Rate: 5.3 Months of Inventory

Sun City MacDonald Ranch is currently enjoying a stable market.

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 Las Vegas - Henderson - North Las Vegas Sun Cities Market Report Please Click Here!

For Most Current Sun Cities Market Report Click Here

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Subprime home loans are back - Las Vegas mortgage borrowers go FHA

10-29-09
Esko Kiuru - Las Vegas NV Mortgage Consultant
Esko Kiuru - Las Vegas NV Mortgage Consultant: Loan Officer in Las Vegas, NV
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  • Office: (702) 499-1006
  • Mobile: (702) 499-1006

Las Vegas home mortgagesMortgage 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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