Blue Diamond Springs market report - 3rd quarter, 2007

By
Real Estate Agent with Keller Williams Realty The Marketplace NV License # 56750

Home sales activity in Blue Diamond Springs, a neighborhood in southwest Las Vegas, NV produced engouraging results in the third quarter of 2007. The nine homes closed matched the total for the first six months.

Existing resale inventory was reduced to just 11 homes, making this subdivision one of very few that has a balanced market. Though selling prices are down about 10% for the year, they appear to have stabilized. Homes in Blue Diamond Springs are close to all of the amenities of the growing southwest area of the valley, as well as the south Las Vegas Strip.

Here are the details of the third quarter sales:

Address Sq Ft Bed/Bath List Price Sale Price DOM Closing Date
8288 Cultured Pearl 2781 4/3 $359,000 $353,600 140 07/11/07
8303 Kimberly Diamond 2781 4/3 $379,900 $350,000 161 07/16/07
8286 Pearl Oasis 1861 4/2 $300,275 $300,275 23 09/04/07
 
8301 Brilliant Ruby 2002 3/3 $314,990 $295,000 268 09/26/07
4821 Canary Diamond 2000 4/3 $294,900 $283,150 58 07/12/07
4858 Eureka Diamond 1849 3/3 $284,990 $276,440 13 07/25/07
 
8311 Rose Quartz 2319 4/3 $274,900 $270,100 15 09/27/07
4708 Golden Shimmer 1733 4/3 $269,900 $267,000 97 07/30/07
4848 Shelbourne 1346 4/3 $239,990 $239,990 228 09/21/07
 

(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)

Blue Diamond Springs consists of one and two-story homes from 1,106 to over 2,700 square feet, built from 2004 to 2007. For more information, or to buy or sell a home in Blue Diamond Springs, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

See also:
     Blue Diamond Springs market report - 2nd quarter, 2007
     Blue Diamond Springs market report - 1st quarter, 2007

     Las Vegas real estate - September, 2007 market statistics
     Las Vegas real estate - August, 2007 market statistics
     Las Vegas real estate - July, 2007 market statistics

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John Novak

Henderson, Las Vegas and Summerlin Real Estate
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