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Southwest Las Vegas Real Estate Trends

Through October of 2009, there have been a total of 8,805 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, 1743 square foot home with a selling price of $154,000.

Here's a quick look at price, volume and financing trends in the southwest Las Vegas real estate market.

Southwest Las Vegas Real Estate Prices

Southwest Las Vegas Real Estate Sales

Southwest Las Vegas Real Estate Financing

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.)

Posted by John Novak - Las Vegas and Henderson NV Real Estate on 11/08/2009 12:10 AM

Comments (5)

Las Vegas Real Estate in the Regional (Localism) Channel

las vegas real estate, las vegas nevada, las vegas market statistics

Originally posted at: Las Vegas, Henderson and North Las Vegas Real Estate: Southwest Las Vegas Real Estate Trends

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5 Comments on Southwest Las Vegas Real Estate Trends

NOV

Looks like the market is just starting to recover and/or stabalize.

Vegas got hit pretty hard from what I understand.

Who, those are some numbers and a lot of cash buyers. I hope all is well John. Take care!!

John, it is good to hear that there has possibly been some bottoming action in the market. I know you all were hit hard the last few years.

Ralph - I'll agree with stabilize, but don't expect to be talking about recovery until spring 2010 at the earliest.

Debbie - We're seeing a lot of activity from cash investors. I'd like to see a little more balance with regular and first-time buyers.

Guy - The last few months have established a bottom, but I'm not sure if we still have one more step down. We may start to see a little appreciation in the first half of 2010.

John I think the entire country would be ecstatic if they saw numbers like that with the exception of cash buyers

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