About North Las Vegas' madera

Las Vegas Area REO Inventory has FALLEN since last report (-144 units), Under Contracts have FALLEN by (-107) units Closing data has FALLEN by (-172) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.

REO sales accounted for 50% of all Las Vegas Area Valley resale closings in October 2011. REO listings account for only 21% of total resale listings.

Current Listed Bank Owned Statistics:

• Listings (11/15/2011): 2581
• Under Contract (11/15/2011): 3183
• Sold October 2011: 1884

View Last Month's Report Here

For Most Current Las Vegas REO Inventory Market Report.

What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?

General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley. They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.

View More FAQ About My Las Vegas Area Real Estate Market Reports.

This week's feature is on a community in North Las Vegas called Madera. It is located in the 89031 zip code and is close to Sandstone Ridge Park and numerous shopping centers.

View Madera Community in North Las Vegas in a larger map

House's in this subdivision range from about 1200 square feet all the way up to over 2800 square feet. There are 259 homes in this subdivision. This is a picture taken from Sandstone Ridge Park looking into one of the entrances into Madera.

Currently there are 8 homes listed for sale and 9 homes are under contract to close very soon. Current sales prices range from a low of $85,000 to a high of $289,900 at the moment. The average number of days from list date to close date is currently averaging 75 days. In August there was no closings in the neighborhood. That brings houses closed in the community to 16 for the first 8 months of the year so far.

This week's feature is on a community in North Las Vegas called Madera. It is located in the 89031 zip code and is close to Sandstone Ridge Park and numerous shopping centers.

View Madera Community in North Las Vegas in a larger map

House's in this subdivision range from about 1200 square feet all the way up to over 2800 square feet. There are 259 homes in this subdivision. This is a picture taken from Sandstone Ridge Park looking into one of the entrances into Madera.

Currently there are 8 homes listed for sale and 5 homes are under contract to close very soon. Current sales prices range from a low of $85,000 to a high of $289,900 at the moment. In July there was 3 closings in the neighborhood. That brings houses closed in the community to 16 for the first 7 months of the year so far.

This week's feature is on a community in North Las Vegas called Madera. It is located in the 89031 zip code and is close to Sandstone Ridge Park and numerous shopping centers.

View Madera Community in North Las Vegas in a larger map

House's in this subdivision range from about 1200 square feet all the way up to over 2800 square feet. There are 259 homes in this subdivision. This is a picture taken from Sandstone Ridge Park looking into one of the entrances into Madera.

Currently there are 5 homes listed for sale and 8 homes are under contract to close very soon. Current sales prices range from a low of $85,000 to a high of $225,000 at the moment. In June there was 1 closing in the neighborhood. That brings houses closed in the community to 13 for the first 6 months of the year so far.

This week's feature is on a community in North Las Vegas called Madera. It is located in the 89031 zip code and is close to Sandstone Ridge Park and numerous shopping centers.

View Madera Community in North Las Vegas in a larger map

House's in this subdivision range from about 1200 square feet all the way up to over 2800 square feet. There are 259 homes in this subdivision. This is a picture taken from Sandstone Ridge Park looking into one of the entrances into Madera.

Currently there are 4 homes listed for sale and 7 homes are under contract to close very soon. Current sales prices range from a low of $85,000 to a high of $289,900 at the moment. In May there was 1 closings in the neighborhood. That brings houses closed in the community to 12 for the first 5 months of the year so far.