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Sales activity in Rancho Alta Mira, a community in North Las Vegas, NV continued slow in the 4th quarter of 2007. Seven homes closed, one less than in the 3rd quarter. Annual results were down 28%, with 43 homes sold in 2007 compared to 60 in 2006.
Existing resale inventory of 32 homes, (plus 3 with accepted offers), provides about a one-year supply and strongly favors buyers. Homes in Rancho Alta Mira generally have larger lots (6-10,000 sq ft) and more mature landscaping than newer homes.
Here are the details of the fourth quarter sales:
| Address | Sq Ft | Bed/Bath | List Price | Sale Price | DOM | Closing Date |
| 4564 Gonzales | 2237 | 4/3 | $335,000 | $316,000 | 220 | 11/07/07 |
| 4557 Gonzales | 1752 | 3/2 | $315,000 | $308,000 | 28 | 10/24/07 |
| 5205 Red Glory | 2015 | 4/2 | $319,900 | $305,000 | 66 | 12/11/07 |
| 4713 Boston Ivy | 2567 | 5/3 | $293,400 | $284,700 | 48 | 11/29/07 |
| 5124 Costabella | 1752 | 3/2 | $264,850 | $254,750 | 90 | 10/10/07 |
| 4420 La Lima | 1486 | 3/2 | $194,900 | $186,000 | 5 | 12/12/07 |
| 4512 Rodman | 1424 | 3/2 | $195,000 | $179,750 | 12 | 11/13/07 |
(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)
Rancho Alta Mira consists of one and two-story homes from 1,152 to over 3,000 square feet, built from 1990 to 1996. For more information, or to buy or sell a home in Rancho Alta Mira, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
See also:
Rancho Alta Mira market report - 3rd quarter, 2007
Rancho Alta Mira market report - 2nd quarter, 2007
Rancho Alta Mira market report - 1st quarter, 2007
North Las Vegas real estate - December, 2007 market statistics
North Las Vegas real estate - November, 2007 market statistics
North Las Vegas real estate - October, 2007 market statistics
North Las Vegas, Nevada - Demographics
North Las Vegas, Nevada - Fast Facts
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