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About North Las Vegas' Rancho Alta Mira

Rancho Alta Mira market report - 4th quarter, 2007

John Novak - Las Vegas and Henderson NV Real Estate: Real Estate Agent in Las Vegas, NV

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