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|
(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.
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