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las vegas nevada: East Las Vegas Homes For Sale: Listings by Price Range - 02/09/10 12:52 AM
East Las Vegas Homes For Sale: Listings by Price Range
Here's a breakdown of the single-family homes for sale in east Las Vegas. Short sales comprise 53.8% of the market, while bank owned properties (REOs) represent 21.7%.

To find out more about buying or selling real estate in east 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 201-204.)
(0 comments)

las vegas nevada: Central Las Vegas Homes for Sale: Listings by Price Range - 02/08/10 09:55 PM
Central Las Vegas Homes for Sale: Listings by Price Range
Here's a quick snapshot of the single-family homes for sale in central Las Vegas. Short sales make up 47.1% of the market, while bank owned properties (REOs) account for 19.9%.

To find out more about buying or selling real estate in central 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 301-303.)
(1 comments)

las vegas nevada: Northwest Las Vegas Homes for Sale: Listings by Price Range - 02/08/10 12:16 AM
Northwest Las Vegas Homes for Sale: Listings by Price Range
Here's a summary of the single-family homes for sale in northwest Las Vegas. Short sales are responsible for 44.6% of the inventory, while bank owned properties (REOs) equal 13.2%.

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.)
(3 comments)

las vegas nevada: Southwest Las Vegas Homes for Sale: Listings by Price Range - 02/08/10 12:12 AM
Southwest Las Vegas Homes for Sale: Listings by Price Range
Here's a breakdown of the single-family homes for sale in southwest Las Vegas. Short sales comprise 46.0% of the market, while bank owned properties (REOs) represent 15.1%.

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 guaranteed. Data is for MLS areas 501-505.)
(0 comments)

las vegas nevada: East Las Vegas Home Sales: Financing by Price Range - 02/05/10 01:22 AM
Out of 455 single-family homes sold in east Las Vegas in December, 181 (39.8%) were cash sales. Cash was preferred even more at prices below $100,000 emphasizing the intense competition that first-time homebuyers face from investors.

To find out more about buying or selling real estate in east 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 201-204.)
(0 comments)

las vegas nevada: Central Las Vegas Home Sales: Financing by Price Range - 02/05/10 12:38 AM
Out of 362 single-family homes sold in central Las Vegas in December, 127 (35.1%) were cash sales. Cash was even more prevalent (71.3% of sales) at prices below $100,000 highlighting the intense competition that first-time homebuyers face from investors.

To find out more about buying or selling real estate in central 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 301-303.)
(1 comments)

las vegas nevada: Northwest Las Vegas Home Sales: Financing by Price Range - 02/02/10 12:31 AM
Northwest Las Vegas Home Sales: Financing by Price Range
Out of 560 single-family homes sold in northwest Las Vegas in December, 195 (34.8%) were cash sales. At prices below $100,000 cash accounted for 53.1% of sales, accenting the intense competition that first-time homebuyers face from investors.

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.)
(3 comments)

las vegas nevada: Southwest Las Vegas Home Sales: Financing by Price Range - 02/01/10 11:13 PM
Southwest Las Vegas Home Sales: Financing by Price Range
Out of 786 single-family homes sold in southwest Las Vegas in December, 263 (33.5%) were cash sales. Cash was decidedly preferred at prices below $150,000 emphasizing the intense competition that first-time homebuyers face from investors.

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 guaranteed. Data is for MLS areas 501-505.)
(0 comments)

las vegas nevada: East Las Vegas Home Sales: Average and Median Prices - 02/01/10 01:36 AM
Homes in east Las Vegas saw average selling prices rise 3.55% from November to December. The median selling price rose 0.13%. For 2009 the average selling price for east Las Vegas homes was down 13.10%, while the median selling price fell 20.79%.

To find out more about buying or selling real estate in east 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 201-204.)
(1 comments)

las vegas nevada: Central Las Vegas Home Sales: Average and Median Prices - 02/01/10 01:21 AM
Selling Prices for Central Las Vegas Homes
Homes in central Las Vegas saw average selling prices fall 2.16% from November to December. The median selling price increased 1.15%. For 2009 the average selling price for central Las Vegas homes was down 9.29%, while the median selling price fell 11.15%.

To find out more about buying or selling real estate in central 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 301-303.)
(0 comments)

las vegas nevada: Northwest Las Vegas Home Sales: Average and Median Prices - 01/31/10 12:11 PM
Selling Prices for Northwest Las Vegas Homes
Homes in northwest Las Vegas saw average selling prices fall 3.74% from November to December. The median selling price increased 2.65%. For 2009 the average selling price for northwest Las Vegas homes was down 10.50%, while the median selling price fell 13.90%.

 
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.)
(1 comments)

las vegas nevada: Southwest Las Vegas Home Sales: Average and Median Prices - 01/30/10 09:39 PM
Selling Prices for Southwest Las Vegas Homes
Homes in southwest Las Vegas saw average selling prices rise 1.15% from November to December. The median selling price decreased 3.03%. For 2009 the average selling price for southwest Las Vegas homes was down 9.74%, while the median selling price fell 15.79%.

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 guaranteed. Data is for MLS areas 501-505.)
(2 comments)

las vegas nevada: East Las Vegas Real Estate Market Breakdown - 01/29/10 06:31 PM
East Las Vegas Real Estate Market Breakdown
In a recent post we looked at sales price, volume, and financing trends in the east Las Vegas real estate market. Today we'll focus in on the parts of that market -- REOs (bank owned homes), short sales, and regular sales.
At first glance, there appears to be just 1.9 months of east Las Vegas real estate inventory. Looking at each type of listing, three distinct markets emerge. Here are the current figures for east Las Vegas REOs, east Las Vegas short sales, and 'regular' east Las Vegas home sales.

Absorption is the number of months it would take to sell the available inventory at current … (0 comments)

las vegas nevada: Central Las Vegas Real Estate Market Breakdown - 01/27/10 11:56 PM
Central Las Vegas Real Estate Market Breakdown
One week ago we looked at some general trends in the Central Las Vegas real estate market. Today we'll explore the components of that market -- REOs (bank owned homes), short sales, and regular sales.
Overall we have about 2.4 months of inventory for central Las Vegas. But when we take a look at the details, we see three distinct markets emerge. Here are the current figures for central Las Vegas REOs, short sales, and 'regular' home sales.

Absorption is the number of months it would take to sell the available inventory at current sales rates. (Available Inventory/December … (3 comments)

las vegas nevada: Northwest Las Vegas Real Estate Market Breakdown - 01/25/10 09:55 PM
Northwest Las Vegas Real Estate Market Breakdown
In last week's post about the northwest Las Vegas real estate market, I reported on sales price, volume, and financing trends. Today we'll look closer at the different types of listings in that market -- REOs (bank owned homes), short sales, and regular sales.
Overall, we're maintaining about 2.7 months of northwest Las Vegas real estate inventory. On closer examination 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 home sales.

 
Absorption is the number of months it would take to sell the available inventory at current sales rates. (Available Inventory/December Sales … (5 comments)

las vegas nevada: Southwest Las Vegas Real Estate Market Breakdown - 01/25/10 02:27 AM
Last week we examined sales price, volume, and financing trends in the southwest Las Vegas real estate market. Today we'll focus on the parts of that market -- REOs (bank owned homes), short sales, and regular sales.
Generally, we have 2.5 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.

 
Absorption is the number of months it would take to sell the available inventory at current sales rates. (Available Inventory/December Sales = Absorption Rate). There are only about … (1 comments)

las vegas nevada: East Las Vegas Real Estate Trends - 01/19/10 02:22 AM
In 2009 there were a total of 6,395 homes sold in east Las Vegas. This area is east of Boulder Highway and the I-15 freeway, and north of Russel Road. The median sale was a 3-bedroom, 1373 square foot home with a selling price of $70,000. The median selling price for a single-family home fell by 20.8% during the year, from $101,000 to $80,000.
Here's a quick look at price, volume and financing trends in the east Las Vegas real estate market.



To find out more about buying or selling real estate in east Las Vegas, just give me a call at (702) 339-9700, or email me at JohnNovak@kw.com.
(GLVAR deems … (0 comments)

las vegas nevada: Central Las Vegas Real Estate Trends - 01/19/10 02:10 AM
In 2009 there were a total of 5,585 homes sold in central Las Vegas. This area lies east of the I-15 freeway, west of Boulder Highway, and generally between Sunset Road and Charleston Boulevard. The median sale was a 3-bedroom, 1454 square foot home with a selling price of $116,000. The median selling price for a single-family home fell by 11.2% during the year, from $148,000 to $131,500.
Here's a quick look at price, volume and financing trends in the central Las Vegas real estate market.


 
To find out more about buying or selling real estate in central Las Vegas, just give me a call at (702) 339-9700, or email me at … (0 comments)

las vegas nevada: Northwest Las Vegas Real Estate Trends - 01/18/10 01:14 AM
In 2009 there were a total of 8,301 homes sold in northwest Las Vegas. This area includes everything west of Rancho Drive and north of Charleston Boulevard. The median sale was a 3-bedroom, 1564 square foot home with a selling price of $116,000. The median selling price for a single-family home fell by 13.9% during the year, from $155,000 to $133,450.
Here's a quick look at price, volume and financing trends in the northwest Las Vegas real estate market.


 
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 … (2 comments)

las vegas nevada: Southwest Las Vegas Real Estate Trends - 01/18/10 01:04 AM
In 2009 there were a total of 10,691 homes sold in southwest Las Vegas. This area is roughly everything west of the I-15 freeway and south of Charleston Boulevard. The median sale was a 3-bedroom, 1740 square foot home with a selling price of $152,000. The median selling price for a single-family home fell by 15.8% during the year, from $190,000 to $160,000.
Here's a quick look at price, volume and financing trends in the southwest Las Vegas real estate market.


 
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 … (1 comments)

 
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John Novak - Las Vegas and Henderson NV Real Estate

Las Vegas, NV

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Keller Williams Realty The Marketplace

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

Office Phone: (702) 939-0000

Cell Phone: (702) 339-9700

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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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