Posted by Paul Francis on Friday, February 28th, 2014 at 6:05pm.
Summerlin South Home Sales shows 22% Decrease
Summerlin South in Las Vegas zip code 89135 is home to a variety of communities ranging in price starting in the high $100,000 range all the way to over $4,000,000 for Luxury Custom estates in The Ridges.
For January of 2014, there were 38 Reported Home Sales on the Las Vegas MLS for Summerlin Homes sold. The highest sales price reported was for a 3,797 square foot Red Rock Country Club Home. Listed for $1,650,000, the final sales price was reported at $1,575,000.
The Lowest reported sales price was for $249,000 for a 1,621 square foot single story home in the Guard Gated, Age Restricted golf course community of Sienna.
**Information is from the Greater Las Vegas Multiple Listing Service (MLS) and is deemed reliable but not guaranteed. The information excludes condominiums and is for Single Family Homes in Summerlin South in Las Vegas zip code 89135. The information does not include For Sale by Owners or New Home Sales not in the MLS. Contact Paul Francis with Prudential Americana Group at 702.592.3058 for the Current Market Value of a specific home in Summerlin South.
Summerlin South Sales Stats Jan. 2014 in Las Vegas Zip Code 89135
Summerlin South Year Over Year Difference in Median Sales Stats
While there was a pretty sharp drop in the number of closed sales, you can see prices did rise year over year. The lowest reported sales price in Summerlin South Zip Code 89135 in January of 2013 was $178,000 for a 1,638 square foot home compared to $249,000 for a 1,621 square foot home in January of 2014.
There are currently 194 homes available for sale in Summerlin South Zip Code 89135 on the Las Vegas MLS with the lowest current asking price at $204,000 for a 1,527 Square Foot home in The Willows Village with a nice sized backyard that was built in 1999. At only $134 a square foot for a traditional sale, this is a very good deal for this particular area. Especially when you consider that there are new Summerlin homes being built with tiny yards in areas of Summerlin with asking base prices starting off above $300,000 for the same square footage. I don’t know about you, but I can certainly take $100,000 and make any 1999 home look brand new…. with enough left over to add a pool if so desired. Contact me at 702.592.3058 if you would like more information on this home.
What’s Your Summerlin Home Value?
Remember… the above sales statistics are for the entire Summerlin South Zip code of 89135 and there are a large variety of homes and communities. With over a decade of experience selling homes in Summerlin Zip Code 89135, I know all of the neighborhoods extremely well including floorplans. The latest sales stats with a 22.45% decrease in closed sales and 194 properties currently available for sale shows that buyers are no longer just buying anything that comes up for sale at whatever price is put on it.
If you are preparing to get ready to sell your Summerlin South home, you’ll need to have it priced right for today’s market conditions and marketed correctly. That’s where we come in. Request a complimentary Summerlin Home Value analysis by calling Paul Francis at 702.592.3058 or visiting our Summerlin Home Value request page and filling out your information. With over a decade of experience selling Summerlin South Homes with the most advanced marketing that actually sells homes, we’ve got you covered so your home selling experience is as convenient and pleasant as possible.
Paul Francis, Realtor®
Prudential Americana Group, Realtors®
Summerlin Real Estate
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