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Las Vegas NV Area Concession Stand (includes Henderson & North Las Vegas)

By
Services for Real Estate Pros with Savvy Home Pix B.1000860.LLC

Las Vegas Real Estate

Here is what buyers received in seller paid concessions on August 2010 Las Vegas Area (Henderson - N Las Vegas - Las Vegas) Closes:

  • Less than $500:  70% ($500 only buys you a home warranty or (no and) an appraisal)
  • Between $501-4000:  17%
  • Over $4001:  13%

This pretty much means that sellers aren't giving up much of anything since Las Vegas is a Seller's Market and in dire need of sellable inventory!  Inventory levels are rising just slightly and we are seeing some movement/improvement in this sector which is good news, especially for buyers who want/need closing costs!

Last Month's Concession Stand

Most Current Concession Stand

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.

Posted by

Thanks,  Renée Burrows 702-580-1783 Broker/Owner, REALTOR®
 

 

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Comments(5)

Nevin Williams
Fairway Independent Mortgage Corporation - Cary, NC
Senior Mortgage Advisor

Renee - Looks like buyers need to cover their own costs to buy real estate in highly desirable Las Vegas!  Unless of course they hire an agent with great negotiating skills (that would be YOU!)  By the way, thank you for your contributions to my outside blog,  east meets west!

Dec 01, 2010 06:28 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

I heard yesterday about two places where home prices are on the rise, Las Vegas being one of them.  As usual, great job of keeing your consumers up-to-date.  Jane Peters

Dec 01, 2010 06:34 AM
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Renee

Amazing how strong it is with no concessions. People are negotiating here pretty hard.

Dec 01, 2010 11:11 AM
Ryan Case
SCA Real Estate - Anaheim, CA
877-828-0710

Wow, that is a strong market! I rarely see an offer here not asking for 5k in assistance!

Dec 02, 2010 03:18 AM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Thanks all for the comments!

Jan 03, 2011 01:37 AM