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March 17, 2007

Summerlin, NV February 2007 MLS Update

Here are the latest real estate market statistics for Summerlin, NV. These numbers represent single family (SFR) homes and condos. The number of homes on the market where the asking price has been reduced *: 34.8%

Average January 2007 February 2007 % Change
Asking Price $361,341 $396,570 9.7%
Sales Price $353,920 $380,852 7.6%
% of Asking Price 98% 96% -2.0%
$/SQFT $201 $201 0.0%
Days on Market 114 110 -3.5%
Total Transactions 238 198 -16.8%

Read about a neighborhood profile for Summerlin, NV. Search for Summerlin, NV homes and condos for sale. Read more about neighborhoods near Summerlin, NV.

All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 3/8/2007: 2,977 properties on the market with 1,037 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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