This Rhodes Ranch Area resale market report was generated on July 15, 2008 (graph on bottom):
- Active Listings: 373
- Under Contract: 210
- Sold 6/7-7/7/2008: 73
- Months Inventory: 5.1
- Low: $84900; High: $3,490,000; Median: 220000(listing prices only)
Rental Market Report generated on July 15, 2008 (graph on top):
- Active Listings: 67
Under Contract: 14 - Leased 6/7-7/7/2008: 37
- Months Inventory: 1.8
Median List Price for an area rental: $1300/month, Low: $795, High: $7000
Note: THE RESALE MARKET IS NOW A STABLE-SELLER'S MARKET, THE RENTAL MARKET REMAINS HOT WITH BARELY ANY INVENTORY! Inventory rose slightly in both the rental and resale market and there is plenty of new construction in this area. Median prices went up in both rental and resale market in two weeks.
Information from GLVAR is deemed reliable but not guaranteed.
Last Market Report Generated July 3, 2008
Includes: Apache Hills, Apache Springs (The Falls), Astoria Homes at Rhodes Ranch
(Independence), Canyon Trail, Huntington, Liberty @ Warm Springs, Maplewood, Rhodes
Ranch, Richmond@ Rhodes Ranch, Sierra Madre, Venezia, Vistana.
For More information on the Rhodes Ranch Area: http://www.livingatrhodesranch.com/
If you would like to buy, rent or sell a home in the Rhodes Ranch Area, please call 702-966-2494. Press 1 if you would like to buy, press 2 if you would like to rent, press 0 if you would like to sell!
Hello Renee, I love all your localism posts with all the great graphs and hope that you will check out and join our newest group launched today, the Internet Empowered Consumer.
Sincerely,
William
Renee: Nice Post. I enjoy seeing how different people post their market info.
Renee - It's good to see that the market has turned back to a sellers market in your area. Hopefully the same will happen here.