Home sales activity in Elkhorn Springs, a community in northwest Las Vegas, NV doubled in the 4th quarter of 2007. Fifteen homes closed, up eight from the 3rd quarter. For the year, a total of 45 homes were sold, down 44% from 80 in 2006.
Currently 53 homes are available (plus 6 with accepted offers), representing a nearly one-year supply which strongly favors buyers. 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 fourth quarter sales:
| Address |
Sq Ft |
Bed/Bath |
List Price |
Sale Price |
DOM |
Closing Date |
| 7240 Red Cinder |
3676 |
4/3 |
$759,000 |
$740,000 |
129 |
10/24/07 |
| 7412 Burrow Pine |
2022 |
4/3 |
$314,900 |
$285,000 |
63 |
11/15/07 |
| 7957 Quail Mountain |
2694 |
4/3 |
$279,500 |
$279,500 |
245 |
11/05/07 |
| |
| 7845 Russling Leaf |
2421 |
3/2 |
$279,900 |
$270,750 |
139 |
10/31/07 |
| 7540 Dusty Lake |
2639 |
4/3 |
$275,000 |
$269,000 |
248 |
11/15/07 |
| 8204 Hollister |
1674 |
3/3 |
$275,000 |
$269,000 |
4 |
10/25/07 |
| |
| 7617 Gosport |
1789 |
3/2 |
$253,900 |
$253,505 |
6 |
11/30/07 |
| 7512 Pinto Bluff |
2022 |
4/3 |
$261,900 |
$249,510 |
148 |
10/30/07 |
| 8044 Revolver |
1674 |
3/3 |
$259,000 |
$243,460 |
30 |
10/25/07 |
| |
| 7420 Mountain Thicket |
1702 |
3/2 |
$259,900 |
$242,500 |
40 |
11/01/07 |
| 8109 Rugged |
1434 |
3/2 |
$250,000 |
$231,764 |
14 |
12/07/07 |
| 7313 Cogburn |
1674 |
3/3 |
$249,900 |
$227,020 |
239 |
12/31/07 |
| |
| 8341 Spruce Meadows |
1809 |
3/2 |
$230,000 |
$220,000 |
188 |
12/17/07 |
| 7824 Thorne Pine |
1366 |
4/2 |
$205,900 |
$184,300 |
23 |
12/03/07 |
| 8025 Exploration |
1674 |
3/3 |
$190,000 |
$182,000 |
4 |
11/19/07 |
| |
(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.
See also:
Elkhorn Springs market report - 3rd quarter, 2007
Elkhorn Springs market report - 2nd quarter, 2007
Elkhorn Springs 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
