North Las Vegas Real Estate Listing Just Sold By The Ballen Group

The Ballen Group of Keller Williams Realty Las Vegas has sold a home located on Ponce Royal Avenue in North Las Vegas. This two story home includes 4 bedrooms and 2.5 bathrooms and sold as a short sale for $220,000.
June 22, 2015 - PRLog -- This North Las Vegas short sale listing in 89031, is a single family home in the Paseo Ridge subdivision. This home has 4 bedrooms and 2 full bathrooms and 1 half bathroom, great cabinet space and island in the kitchen and sold for $220,000.

This home on Ponce Royal is zoned for Simmons Elementary School, serving students from Pre-K to 5th grade. Simmons Elementary School has 711 students and is located on 2328 Silver Clouds Dr, North Las Vegas, NV 89031.

Lied Middle School is the designated middle school for this home. Lied Middle School has 1,342 students who are in 6th – 8th grade. This middle school is located on 5350 W Tropical Pkwy, Las Vegas, NV 89130 and is rated 3 out of 5 stars.

This home has Shadow Ridge High School as their designated high school (grades 9-12). Shadow Ridge has approximately 2,286 Students enrolled. Shadow Ridge High School is a public high school in northwest Las Vegas, Nevada. It was established in 2002 and opened in August 2003.

The median number of days active properties have been listed is 52. This is significantly shorter than the national average. The number of sales in June dropped by 69.2% from the previous month of May. There are currently 374 homes for sale in North Las Vegas 89031. 28.1% of those homes are distressed listings. A distressed listing is either a North Las Vegas short sale or a foreclosure.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area. High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

Median household income in 89031 is $71,329 with 1,029 households earning between $35,000 to $40,000 annually. The income bracket with the largest amount of North Las Vegas residents in 89031 earns between $25,000 - $50,000 with about 3,892 households included in the income bracket. The next largest income bracket earns $75,000 - $100,000 and contains very close to the same amount of the largest income bracket.

For the zip 89031, 4.87% have earned their graduate degree. 11.25% of the people have completed a bachelor’s degree as their highest education level. 8.4% of the North Las Vegas residents in 89031 have achieved an associate’s degree as their highest level of education. 30% of the population are reported to have completed some college. 31.17% of the residents of North Las Vegas 89031 have a high school diploma, which is their highest level of education completed.

The median age in this zip code region is 32. The population is reported to be 31% married. There are 20,412 homes for sale in this area. Out of those North Las Vegas homes there are 10,159 homes that are reported to include children in the household.

The Ballen Group at Keller Williams Realty know how to sell homes. Their Las Vegas real estate agents sell homes at 103.8% of the listing price on average. The Ballen Group was named a Top Nevada Team and is in the top 0.01% of all real estate agents nationwide according to RealTrends.

The Ballen Group at Keller Williams Realty Las Vegas was started and is owned by husband and wife Richard and Lori Ballen. The Ballens have been in real estate since 2007. In their first year as real estate agents they were the top producing Las Vegas real estate agents on their team.

In 2010 The Ballen Group was started at Keller Williams realty after the Ballens moved to Keller Williams Realty Las Vegas. Since then The Ballen Group has won numerous Keller Williams awards along with their Las Vegas real estate agents.

The Ballen Group
Source:The Ballen Group
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Tags:North Las Vegas listing, Las Vegas Short Sale, Home for sale 89031, Las Vegas Real Estate
Industry:Real Estate
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