This Rhodes Ranch Area resale market report was generated on July 25, 2008 (graph on bottom):
- Active Listings: 375
- Under Contract: 196
- Sold 6/24-7/24/2008: 81
- Months Inventory: 4.62
- Low: $74900; High: $3,490,000; Median: 219000(listing prices only)
Rental Market Report generated on July 25, 2008 (graph on top):
- Active Listings: 65
Under Contract: 20 - Leased 6/24-7/24/2008: 35
- Months Inventory: 1.9
Median List Price for an area rental: $1295/month, Low: $785, 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!
FYI: I usually do this with graphs but for some reason I am having a hard time uploading them to Active Rain right now! Maybe l8er!
Wow, a sellers market. I wonder how many places in the country can use that term. Keep up the good work Renee.
Greg: There are small niche pockets of seller's markets all over our valley. It's beautiful if you are a list agent in one of them!