las vegas statistics: Las Vegas Real Estate Market Snapshot 1.26.2009 - 01/27/09 06:23 PM
The Las Vegas Housing Market Remains Active!  While listing inventory continues to creep up ever so slightly, the Las Vegas real estate market supply continues to remain stable at 8.9 months.  This is good news as prices continue to slip  - now averaging close to 50% less than the market peak … (1 comments)

las vegas statistics: Knowledge is Power - 12/12/07 10:51 AM
Distressed Homes Continue to Grow Marketshare
1 to 2  in 10 listings in the MLS are bank repos.  The assault of reposessed homes continues to flood the market and make the resale market tough for traditional owner/sellers.  Short sale offerings now account for 1 in 5 mls listings.  Bank repos and shortsales … (0 comments)

las vegas statistics: November Sinks the Market to a New Low - 12/04/07 01:09 PM
1087 detached homes and condo/townhomes closed in November - a new low for the mls this decade.  The winter season is historically the low point of our market rhythm.  December and January typically chalk the lowest percentage of our annual closings.  Good news?  Listing inventory continues to decline-this past 7 days … (2 comments)

las vegas statistics: Las Vegas November Median Prices - 12/04/07 01:05 PM
The Average Joe Index.  The greater Las Vegas area real estate values continue to trend down as high inventory, a slower sales season, and bank repos continue to pressure home prices.  Here are this month's numbers;
Home Size          Median         vs Nov 06      vs Peak (mo/yr)1500sf                $236,500        -14.9%           -20.1%  (11/05)2000sf                $297,450        … (0 comments)

las vegas statistics: Knowledge is Power! - 11/15/07 11:19 AM
 
What I'm Watching...
Is there really good news in the market?  Possibly.  Listings on the market continued to decline for the 3rd straight week.  Inventory of homes are down 2.5% in the last 3 weeks.  At the same time new pending sales contract have increased each week for the past 5 weeks. … (3 comments)

las vegas statistics: Las Vegas Real Estate Data Market Snapshot 9.17.07 - 09/18/07 11:23 PM
It's a bad news, good news day. First the bad news.  This week's rolling 30 day solds (homes sold in the last 30 days) represents the lowest number of sales (1206) in a 30 day period this year.  It might be the lowest this decade.  Use the 30 day sold number … (2 comments)

las vegas statistics: Market Information - 09/06/07 12:35 AM
Here are comments I submitted to a relo company today when asked to do a second opinion on a home on the market with a very competent agent at CB Premier. 
The subject is a very nice home; well maintained in side and out.  Any buyer could move right into this unit.  Positives are … (4 comments)

las vegas statistics: Las Vegas area high-rise and lofts - 04/25/07 12:16 AM
The vertical living lifestyle is one crowded pool to be swimming.  On 4.24.2007 there are 699 available listings.  35 are in pending and 17 closed in the last 30 days.  divide the 17 into the 699 and there is a 41 month supply of vertical living units for sale.  WOW!  It … (1 comments)

las vegas statistics: Las Vegas Weekly Market Real Estate Data Snapshot 4.24.2007 - 04/25/07 12:01 AM
Created by RE/MAX Advantage for RE/MAX Advantage.
HeadlineDid the sub-prime market have a bigger play in our local market than originally thought?  Pending index this week is the second lowest to date for 2007.  New to the snapshot is the high-rise and loft sub-market.  The high-rise sold numbers are closed within the … (0 comments)

las vegas statistics: January 2007 Monthly Median Report - 02/13/07 12:10 AM
Monthly Median/Inventory ReportPrepared by RE/MAX Advantage.  Exclusive to RE/MAX Advantage.
January 2007
Marketwide MLS Median Price$302,000
3 typical homes                                                           vs 2006
1500sfMedian price    $264,900  ($287500 ~ 2006)                   down 7.9%Avg DOM         74          (50 ~ 2006)                              up 48%
2000sfMedian price   $340,000  ($356,000 ~ 2006)                  down 4.5%Avg DOM         81           (71 ~ 2006)                            up 12.5%
2500sfMedian price   $430,000  ($450,000 ~ 2006)                  … (0 comments)

las vegas statistics: Las Vegas Weekly Snapshot - 02/12/07 11:22 PM
Weekly Snapshot 2/12/2007
Created by RE/MAX Advantage for RE/MAX Advantage.The last 7 days of the Las Vegas valley marketplace
Total Listings               SFR      15865 (+257/week)                                 Condo   4652   (+111/week)                                 Total     20149 (+368/week)                                             (up 1756 (9.4%) since 1/1)
Vacant units                SFR      42%                                 Condo  53%                                 Total    44%   
Total Pendings            SFR       2586    (+113/week)                                 CONDO  510      (+14/week                                 Total     3096    (+127/week)
Pending Index                      151 (147 last week // 153 on … (0 comments)

 
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Tim Kuptz

Las Vegas, NV

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RE/MAX Advantage

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Las Vegas real estate market data. MLS statistics and market trends done weekly.


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