Arlington Ranch December 2011 Real Estate Resale Market Report

• Listings (1/15/2012): 6
• Under Contract (1/15/2012): 45
• Sold December 2011: 11

Arlington Ranch changes since last month: Listings DOWN -3, Pendings UP +5, Sold units UP +1.

Interesting note about Arlington Ranch (Las Vegas) Community:  Arlington Ranch was built at the "height" of bubbled prices.  Many of the listings are distressed sales and currently (Nov 2011) 79% of the pendings & contracted homes are short sales (read - what is a short sale?)  This is the reason why the pie graphs for Arlington Ranch look so funky and there are not enough closings proportionate to the pendings.

Last Month's Arlington Ranch Market Report

View Arlington Ranch Homes For Sale Here (Updated Daily)

More Information on Arlington Ranch Real Estate Here

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Silverado Ranch December 2011 Real Estate Resale Market Report (Homes For Sale, Pending, Sold):

• Listings (1/15/2012): 109
• Under Contract (1/15/2012): 196
• Sold December 2011: 65

Since last month: Listings are DOWN -12, Under Contract UP +11, Sales are UP +19. The Silverado Ranch Area is Currently Enjoying a Seller's Market.

For Current and Past Silverado Ranch Market Reports

View Silverado Ranch Homes For Sale Here (Updated Daily)

More Information on Silverado Ranch Real Estate Here

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Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles.

Sun City Anthem is located in the Anthem Area of Henderson, NV (zip 89052 and 89044). There are 7312 Homes in Sun City Anthem ranging from 1080-4567 Square Feet. Community Amenities Include: Community Golf, Gym, Pool, Spa, Tennis, Clubhouse and Recroom

Sun City Anthem Market Report:

• Listings (1/15/2012): 129
• Under Contract (1/15/2012): 63
• Sold December 2011: 27

Since Last Month's Report: Listings NO CHANGE, Contracted Escrows UP +7, Solds UP +5. Sun City Anthem is currently enjoying a stable market.

For Current and Past Sun City Anthem Market Reports

View Sun City Anthem Homes For Sale Here (Updated Daily)

More Information on Sun City Anthem Real Estate Here

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Cash REMAINS KING in the Las Vegas Area Real Estate Market!!! It is important for every buyer in the Las Vegas Area Real Estate Market to understand who their buyer competition is in this currently competitive seller's market LV is enjoying! It is important to understand how a seller looks at each financing type:

Cash Offers: Generally have less contingencies and quicker close times. A cash offer may be accepted even if it is lower than a financed offer.

Conventional Financing: Less strict with lender required repairs but larger down payments and more strict credit guidelines.

FHA/VA Financing: Requires more scrutiny with lender required repairs via appraisal. In general these take longer to underwrite and close so a cash or conventional offer looks more enticing to the seller. FHA Requires the deed to be seasoned for several months so some flips bought at trustee's sales are generally out as options when competing with multiple offers!

Other: Less common and creative financing types such as Lease Options, OWC (Owner Will Carry), etc. The "other" category INCLUDES auction terms!!

Last Month's Report

Most Current Las Vegas Sold Terms and Trends Report

What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?

General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley. They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.

View More FAQ About My Las Vegas Area Real Estate Market Reports.

Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles.

Sun City Aliante is located in the Aliante Area of North Las Vegas, NV (zip 89084). There are 1829 homes in Sun City Aliante ranging from 1157-2104 Square Feet. Community Amenities Include: Community Golf, Clubhouse, Gym, Pool, Spa, Tennis, Recroom.

Sun City Aliante Market Report:

• Listings (1/15/2012): 21
• Under Contract (1/15/2012): 30
• Sold December 2011: 13

Sun City Aliante is currently enjoying a seller's market.

Since Last Month: Aliante Sun City, North Las Vegas Listings UP +2, Contracted Homes DOWN -1, Sales UP +4

For Current and Past Sun City Aliante Market Reports

View Sun City Aliante Homes For Sale Here (Updated Daily)

More Information on Sun City Aliante Real Estate Here

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Desert Shores December 2011 Real Estate Resale Market Report (Homes For Sale/Under Contract/Sold):

• Listings (1/15/2012): 40
• Under Contract (1/15/2012): 60
• Sold December 2011: 24

Since Last Month: Listings are DOWN -2, Pendings are DOWN -3, Sold Units are DOWN -1

For Current and Past Desert Shores Market Reports

View Desert Shores Homes For Sale Here (Updated Daily)

More Information on Desert Shores Real Estate Here

More Las Vegas Communities Here

Selling Your House in Las Vegas:  When to Sell a House?

Most traditional markets have better seasonal selling months than others.  Las Vegas does not have bitter cold or snow that may stop a potential buyer from heading out in the “elements” to buy a home.  Las Vegas does have that nasty blast furnace heat in the summer that one would *think* it could stop buyers from searching for a home but that is not true!

Las Vegas real estate attracts many types of buyers:  first time buyers, vacation & second home buyers, retiree buyers & investor buyers.

Spring, Summer, Winter or Fall – there is no best season to sell a house in Las Vegas.

January, February, March, April, May, June, July, August, September, October, November or December – there is no best month to sell a house in Las Vegas.

Thanksgiving, Christmas, New Years, Super Bowl, Valentine’s Day, Fourth of July, Back to School, Halloween – there is no best holiday to wait to sell a house in Las Vegas after.

Take a look at this graphic:

Blue represents active listings, red represents contracted listings and green represents sales.  Each line is for a month from December 2007 to December 2011.  Every month there is green even during the “crappy sales months” of December 2007 through early spring 2008.  That means every month there are sales – and these days the amount of sales are very healthy every month & every season so it really doesn’t matter when to sell your house.  It’s only a matter of *if* you *need* to sell your house.

Any house will sell in any month if it is:

• Priced correctly for current market conditions
• Easy to show
• In good repair
• Shows well
• Marketed to target audience correctly

The Las Vegas real estate market breaks all “laws” about when to sell your house during seasons, months & holidays.  Las Vegas is a 24/7/365 town with homes selling every day of the year!

Click here for your no obligation – no appointment – free consultation – if you are thinking about selling your Las Vegas Home!

Charleston Heights December 2011 Real Estate Resale Market Report:

• Listings (1/15/2012): 110
• Under Contract (1/15/2012): 129
• Sold December 2011: 51

Since Last Month: Listings are DOWN -8 units, Pendings are DOWN -2 units, Solds are NO CHANGE!

For Current and Past Charleston Heights Market Reports

View Charleston Heights Homes For Sale Here (Updated Daily)

More Information on Charleston Heights Real Estate Here

More Las Vegas Communities Here

Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles.

Siena (Sun Colony, not a true "Sun City" but appropriate age restricted community for this report) is located in the Summerlin Area of Las Vegas, NV (zip 89135). There are 2029 Homes in Siena ranging from 1034-3875 Square Feet. Community Amenities Include: Guard Gated, Community Golf, Pool, Tennis, Gym, Clubhouse.

Siena Sun Colony Market Report:

• Listings (1/15/2012): 47
• Under Contract (1/15/2012): 19
• Sold December 2011: 10

Siena Sun Colony Summerlin is currently enjoying a stable to buyer's market. Since last month: Listings are UP +4, Pendings are UP +1, Units sold are DOWN -2

For Current and Past Siena Sun Colony Market Reports

View Siena Sun Colony Homes For Sale Here(Updated Daily)

More Information on Siena Sun Colony Real Estate Here (Includes Video & Map)

More Las Vegas Communities Here