Summerlin, NV Market Update for May 2007

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 *: 41.7% 

Average	April 2007	May 2007	% Change
Asking Price	$363,639	$318,783	-12.3%
Sales Price	$353,341	$311,432	-11.9%
% of Asking Price	97%	98%	1.0%
$/SQFT	$203	$186	-8.4%
Days on Market	112	108	-3.6%
Total Transactions	257	279	8.6%

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 6/5/2007: 3,241 properties on the market with 1,352 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.