las vegas market statistics: Las Vegas Real Estate Report - April 2014 - 05/18/14 03:48 AM
Las Vegas Real Estate Report - April 2014
 
Home sales activity for Las Vegas was level in April, and continues to lag behind last year's results. Year-over-year there were a total of 2,002 Las Vegas homes sold compared to 2,394 in 2013. The current available inventory is 81.5% regular sales, 12.5% short sales, and 6.0% bank owned (REO).
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The median selling price for single-family homes in Las Vegas decreased by $1,900 to $190,000 in April. Year-over-year it is up by $25,000.
 
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las vegas market statistics: Las Vegas Real Estate Report - December 2013 - 01/03/14 03:37 PM
Las Vegas Real Estate Report - December 2013
 
Home sales activity for Las Vegas ended 2013 on an uptick in December, though it was  nowhere near the results of a year ago. Year-over-year there were a total of 1,777 Las Vegas homes sold compared to 2,248 in 2012. The current available inventory is 75.7% regular sales, 16.0% short sales, and 8.3% bank owned (REO).
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The median selling price for single-family homes in Las Vegas improved by $2,750 to $184,000 in December. Year-over-year it is … (1 comments)

las vegas market statistics: Las Vegas Real Estate Report - November 2013 - 12/20/13 07:42 AM
Las Vegas Real Estate Report - November 2013
 
Home sales activity for Las Vegas continued to slide in November as the market struggled with seasonality and low inventory. Year-over-year there were a total of 1,688 Las Vegas homes sold compared to 2,044 in 2012. The current available inventory is 75.9% regular sales, 16.1% short sales, and 8.0% bank owned (REO).
 

 
 
The median selling price for single-family homes in Las Vegas declined $1,000 to $181,500 in November. Year-over-year it is up by nearly $40,000.
 

 
GLVAR deems information reliable but not guaranteed. Information is for MLS areas 201-505.

Previous Las … (0 comments)

las vegas market statistics: Las Vegas Real Estate Report - October 2013 - 12/09/13 08:34 AM
Las Vegas Real Estate Report - October 2013
 
Home sales activity for Las Vegas tumbled in October, the first month since January that sales dipped below 2000. Year-over-year there were a total of 1,965 Las Vegas single-family homes sold compared to 2,272 in 2012. The current available inventory is 76.7% regular sales, 15.6% short sales, and 7.7% bank owned (REO).
 

 
 
The median selling price for single-family homes in Las Vegas rose slightly to $182,500 in October. Year-over-year it is up by over $46,000.
 

 
GLVAR deems information reliable but not guaranteed. Information is for MLS areas 201-505.

Previous Las … (1 comments)

las vegas market statistics: Las Vegas Real Estate Report - September 2013 - 11/13/13 10:45 AM
Las Vegas Real Estate Report - September 2013
Home sales activity in Las Vegas fell slightly in September, influenced by consumer uncertainty, low inventory levels and rising interest rates. Year-over-year there were a total of 2,069 Las Vegas single-family homes sold compared to 2,043 in 2012. The current available inventory is 77.0% regular sales, 15.4% short sales, and 7.6% bank owned (REO).

 
The median selling price for single-family homes in Las Vegas staryed even at $180,000 in September. Year-over-year it is up by nearly $45,000.

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 201-505.

Previous Las Vegas real estate … (0 comments)

las vegas market statistics: Las Vegas Real Estate Report - August 2013 - 09/04/13 06:29 AM
Las Vegas Real Estate Report - August 2013
Home sales activity in Las Vegas remained steady in August, as the market dealt with a combination of low inventory levels and rising interest rates. Year-over-year there were a total of 2,222 Las Vegas single-family homes sold compared to 2,292 in 2012. The current available inventory is 82.0% regular sales, 11.7% short sales, and 6.3% bank owned (REO).

 
The median selling price for single-family homes in Las Vegas increased by $5,000 in August to $180,000. Year-over-year it is up by $45,000.

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 201-505.

Previous … (2 comments)

las vegas market statistics: Las Vegas Real Estate Report - July 2013 - 08/05/13 03:33 PM
Las Vegas Real Estate Report - July 2013
After four months of increases, home sales in Las Vegas dipped slightly for the second consecutive month as the market struggled to overcome low inventory levels. Year-over-year there were a total of 2,258 Las Vegas single-family homes sold compared to 2,244 in 2012. The current available inventory is 84.0% regular sales, 9.8% short sales, and 6.2% bank owned (REO).

 
The median selling price for single-family homes in Las Vegas increased by $500 in July to $175,000. Year-over-year it is up by $45,000.

GLVAR deems information reliable but not guaranteed. Information is for MLS areas … (1 comments)

las vegas market statistics: Southwest Las Vegas Home Sales: Average and Median Prices - June 2013 - 07/29/13 04:59 PM
Southwest Las Vegas Home Sales: Average and Median Prices - June 2013
Home sales in southwest Las Vegas moved up again in June, with the median selling price rising over $8,000 to $208,500 while the average price stayed near $274,000.
The average selling price for southwest Las Vegas homes is up 35.40% year-over-year, while the median selling price is up 30.31%. The number of southwest Las Vegas homes sold is up 2.07% year-over-year with 691 homes sold in 2013 compared to 677 in June of 2012.
 


To find out more about buying or selling real estate in southwest Las Vegas, just give me … (0 comments)

las vegas market statistics: Southwest Las Vegas Real Estate Market Report - REOs, Short Sales and Regular Sales - June 2013 - 07/29/13 04:48 PM
Southwest Las Vegas Real Estate Market Report - REOs, Short Sales and Regular Sales - June 2013
In my previous post we examined sales price, volume, and financing trends in the southwest Las Vegas real estate market. Now we'll focus on the parts of that market -- REOs (bank owned homes), short sales, and regular sales.
Overall we have 1.7 months of southwest Las Vegas real estate inventory. Looking closer we see that each type of listing has a distinct market. Here are the current figures for southwest Las Vegas REOs, southwest Las Vegas short sales, and 'regular' southwest Las Vegas home sales.
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las vegas market statistics: Southwest Las Vegas Real Estate Trends - June 2013 - 07/29/13 04:18 PM
Southwest Las Vegas Real Estate Trends - June 2013
There were 840 home sales in southwest Las Vegas in June with a median price of $190,000 (up nearly $8,000 from May). Of those, 691 were single-family homes with a median price of $208,500 -- an increase of $30,500 from the beginning of the year.
Here's a quick look at price, volume and financing trends in the southwest Las Vegas real estate market.
 




In 2012 there were a total of 9,998 home sales in southwest Las Vegas. This area is roughly everything west of the I-15 freeway and south of Charleston Boulevard. The … (0 comments)

las vegas market statistics: Southwest Las Vegas Homes For Sale: Listings By Price Range - July 29, 2013 - 07/29/13 02:05 PM
Southwest Las Vegas Homes For Sale: Listings By Price Range - July 29, 2013
Here's a breakdown of the single-family homes for sale in southwest Las Vegas as of July 29. Short sales account for 7.5% of the market, while bank owned properties (REOs) represent 5.9% and regular listings make up 86.6%.


To find out more about buying or selling homes in southwest Las Vegas, just give me a call at (702) 339-9700, or email me at JohnNovak@kw.com.
(GLVAR deems information reliable but not guaranteed. Data is for MLS areas 501-505.)
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las vegas market statistics: Southwest Las Vegas Home Sales: Financing by Price Range - June 2013 - 07/29/13 01:48 PM
Southwest Las Vegas Home Sales: Financing by Price Range - June 2013
Out of 691 single-family homes sold in southwest Las Vegas in June, 330 (47.8%) were cash sales, down from 52.0% in May. Cash topped all other sources up to $200,000 partly on investor expectations of a continuing strong rental market. Popular master planned communities in southwest Las Vegas include Mountain's Edge, Rhodes Ranch, Southern Highlands, and parts of Summerlin.


To find out more about buying or selling real estate in southwest Las Vegas, just give me a call at (702) 339-9700, or email me at JohnNovak@kw.com.
(GLVAR deems information reliable but not … (0 comments)

las vegas market statistics: Las Vegas Real Estate Report - June 2013 - 07/06/13 03:41 AM
Las Vegas Real Estate Report - June 2013
After four months of increases, home sales in Las Vegas pulled back slightly in June as the market remained sluggish amid low inventory levels. Year-over-year there were a total of 2,269 Las Vegas single-family homes sold compared to 2,467 in 2012 -- a decline of 8.0%. The current available inventory is 83.1% regular sales, 9.3% short sales, and 7.6% bank owned (REO).

 
The median selling price for single-family homes in Las Vegas increased by 3.9% in June to $174,500. Year-over-year it is up by $45,500.

GLVAR deems information reliable but not guaranteed. Information is for … (0 comments)

las vegas market statistics: Northwest Las Vegas Home Sales: Average and Median Prices - May 2013 - 06/17/13 06:27 AM
Northwest Las Vegas Home Sales: Average and Median Prices - May 2013
Home prices in northwest Las Vegas saw the median price remain even in May, while the average selling price adjusted to $217,688. The number of northwest Las Vegas homes sold is up 5.18% year over year, with 630 homes sold in May of 2013 compared to 599 sales in 2012.

To find out more about buying or selling real estate in northwest Las Vegas, just give me a call at (702) 339-9700, or email me at JohnNovak@kw.com.
(GLVAR deems information reliable but not guaranteed. Data is for MLS areas 401-405.)
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las vegas market statistics: Northwest Las Vegas Real Estate Market Report - REOs, Short Sales and Regular Sales - May 2013 - 06/17/13 04:39 AM
Northwest Las Vegas Real Estate Market Report - REOs, Short Sales and Regular Sales - May 2013
In the previous post about the northwest Las Vegas real estate market, I reported on sales price, volume, and financing trends. Now we'll look at the different types of listings in that market -- REOs (bank owned homes), short sales, and regular sales.
Overall, we have only 1.3 months of northwest Las Vegas real estate inventory. Looking closer, it shows that there are three distinct markets. Here are the current figures for northwest Las Vegas REOs, northwest Las Vegas short sales, and 'regular' northwest Las Vegas … (0 comments)

las vegas market statistics: Northwest Las Vegas Real Estate Trends - May 2013 - 06/17/13 02:52 AM
Northwest Las Vegas Real Estate Trends - May 2013
In May 2013, there were 792 home sales in northwest Las Vegas with a median price of $155,000, up from $150,000 in April. Of those, 630 were single-family homes with a median price of $170,000, an increase of nearly $12,000 from the beginning of the year. Prices were up for both condos and townhomes as well.
Here's a quick look at price, volume and financing trends in the northwest Las Vegas real estate market.
 




In 2012 there were a total of 8,547 single-family home sales in northwest Las Vegas. This area includes everything … (0 comments)

las vegas market statistics: Northwest Las Vegas Homes for Sale: Listings by Price Range - June 17, 2013 - 06/17/13 02:13 AM
Northwest Las Vegas Homes for Sale: Listings by Price Range - June 17, 2013
Here's a summary of the single-family homes for sale in northwest Las Vegas. Short sales make up 7.8% of the inventory, while bank owned properties (REOs) account for 6.4%.


To find out more about buying or selling homes in northwest Las Vegas, just give me a call at (702) 339-9700, or email me at JohnNovak@kw.com.
(GLVAR deems information reliable but not guaranteed. Data is for MLS areas 401-405.)
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las vegas market statistics: Northwest Las Vegas Home Sales: Financing by Price Range - May 2013 - 06/17/13 01:38 AM
Northwest Las Vegas Home Sales: Financing by Price Range - May 2013
Out of 630 single-family homes sold in northwest Las Vegas in May, 335 (53.2%) were cash sales, the same as the results in April. Cash was the top choice all the way up to $200,000 with Conventional being the preferred method above that range. Well-known areas in northwest Las Vegas include Desert Shores, Providence, Summerlin, and Sun City Summerlin.


To find out more about buying or selling real estate in northwest Las Vegas, just give me a call at (702) 339-9700, or email me at JohnNovak@kw.com.
(GLVAR deems information reliable but not guaranteed. … (0 comments)

las vegas market statistics: Southwest Las Vegas Home Sales: Average and Median Prices - May 2013 - 06/11/13 04:48 AM
Southwest Las Vegas Home Sales: Average and Median Prices - May 2013
Home sales in southwest Las Vegas improved again in May, with the average selling price climbing over $24,000 while the median price stayed even at $200,000.
The average selling price for southwest Las Vegas homes is up 38.86% year-over-year, while the median selling price is up 29.07%. The number of southwest Las Vegas homes sold is down 13.04% year-over-year with 687 homes sold in 2013 compared to 790 in May of 2012.
 


To find out more about buying or selling real estate in southwest Las Vegas, just give me a call … (0 comments)

las vegas market statistics: Southwest Las Vegas Real Estate Market Report - REOs, Short Sales and Regular Sales - May 2013 - 06/11/13 04:38 AM
Southwest Las Vegas Real Estate Market Report - REOs, Short Sales and Regular Sales - May 2013
In my previous post we examined sales price, volume, and financing trends in the southwest Las Vegas real estate market. Now we'll focus on the parts of that market -- REOs (bank owned homes), short sales, and regular sales.
Overall we have only 1.2 months of southwest Las Vegas real estate inventory. Looking closer we see that each type of listing has a distinct market. Here are the current figures for southwest Las Vegas REOs, southwest Las Vegas short sales, and 'regular' southwest Las Vegas home … (0 comments)

 
John Novak, Henderson, Las Vegas and Summerlin Real Estate (Keller Williams Realty The Marketplace)

John Novak

Henderson, Las Vegas and Summerlin Real Estate

Las Vegas, NV

More about me…

Keller Williams Realty The Marketplace

Address: 2230 Corporate Circle, Suite 250, Henderson, NV, 89074

Mobile: 702-339-9700

Office: 702-939-0000

News, statistics, and observations about the residential real estate market in southern Nevada, and my experiences and thoughts about being a REALTOR®.









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