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Old 07-19-2009, 06:06 PM
 
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,248 posts, read 21,258,584 times
Reputation: 3587

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3 years ago or so the average home price there was $300,000. Now it is $100,000. While the real estate "back to reality" bust has made values fall, I do not know of anyplace outside of Detroit that has fallen like Moapa Valley has! Why??

http://www.city-data.com/city/Moapa-Valley-Nevada.html
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Old 07-19-2009, 06:52 PM
 
1,009 posts, read 3,628,111 times
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Even the Moapa Valley MLS (http://www.listingpreview.com/13.html - broken link) is presently "unavailable" . . some listings in the Mesquite MLS. MV Progress classifieds.
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Old 07-19-2009, 07:08 PM
 
Location: NW Las Vegas - Lone Mountain
15,756 posts, read 33,344,713 times
Reputation: 2661
Comeon guys. Moapa is Moapa. They don't do in things like housing bubbles.

The last half of 2008 had a median of 205K. The first half of 2009 was at $200K.

The average was not so good...234K versun 192. A lot of that though was that the big places are not selling.

But Moapa ain't hurting relatively to the rest of Clark County.
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