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Market Update for Clark County NV Las Vegas Real Estate Market Las Vegas Nevada

By
Real Estate Agent with Keller Williams Realty Las Vegas

Market Update for Clark County NV Las Vegas Real Estate Market Las Vegas Nevada

To view all houses for sale in Clark County Nevada go to http://www.JenniferMoranFoland.com

 Homes sold in Clark County Nevada

Market Update for Clark County NV Las Vegas Real Estate Market Las Vegas Nevada

What is really interesting to note is that the Average List price vs. the Average Sale price are very close in all areas but Boulder City. This tells us that homes are selling for close to what they are listed at.

Bank owned homes continue to be the majority of what is selling.

Market Update for Clark County NV Las Vegas Real Estate Market Las Vegas Nevada

What is the Absorption Rate in Las Vegas Nevada

When breaking down sales based on price you can see which price range has the most sales. This chart also shows you the Absorption Rate. The Absorption Rate tells you how long it would take to sell all the inventory that is currently on the market ~ 0-4 months = Seller's Market; 5-6 months = Balanced Market; 6+ months = Buyer's Market.

If you have any questions regarding the Market Update for Clark County NV Las Vegas Real Estate Market Las Vegas Nevada please don't hesitate to call.

Jennifer Moran Foland
Dedicated to Exceeding Your Expectations
Direct: 702-232-7721

Are you looking to buy or sell or just curious if the market has stabilized?
For a FREE MLS report specific to YOUR home or ANY neighborhood
you or anyone you know is looking to buy in, go to
Values of Homes in Las Vegas Nevada Clark County NV.

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Keller Williams Realty Las Vegas
3100 S. Durango #106
Las Vegas, NV 89117

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