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Las Vegas NV Area Concession Stand June 2011 (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 June 2011 Las Vegas Area (Henderson - N Las Vegas - Las Vegas) Closes:

  • Less than $500: 68% ($500 only buys you a home warranty or (no and) an appraisal)
  • Between $501-4000: 20%
  • Over $4001: 12%

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.

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

 

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Comments(3)

Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

I'm sure the locals know this but it is fantastic information for out-of-town buyers who might want to ask for everything.  Sellers markets typically mean less $$$ for buyers and your graph points this point out well.

Aug 07, 2011 06:26 AM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Renee, I haven't checked our market for seller contributions, but I have noticed it seems to be a lot less than it used to be.  Think I'll go check now. 

Aug 07, 2011 08:29 AM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Thanks Anita!

Juli - you may want to check - always interesting stuff to verify what you suspect :)

Sep 08, 2011 03:45 AM