Las Vegas NV Area Concession Stand April 2012 (includes Henderson & North Las Vegas)

Real Estate Broker/Owner with Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate B.1000860.LLC

Las Vegas Real Estate

Here is what buyers received in seller paid concessions on April 2012 Las Vegas Area (Henderson - N Las Vegas - Las Vegas) Closes:

  • Less than $500: 77% ($500 only buys you a home warranty or (no and) an appraisal)
  • Between $501-4000: 14%
  • Over $4001: 9%

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®


copyright 2006-2013 Renee Burrows, REALTOR®, Savvy Home Realty Solutions  702-966-2494

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Joetta Fort
The DiGiorgio Group - Arvada, CO
Independent Broker, Homes Denver to Boulder

Good idea for a report. Just one more piece of useful info you'll have on hand for your lucky clients!

Jun 03, 2012 06:02 AM #1
Fernando Herboso - Broker for Maxus Realty Group
Maxus Realty Group - Broker 301-246-0001 - Gaithersburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

Renee, a good reason why you are the Shack Diva of market reports. . you are breaking new ground with these types of reports 

Jun 03, 2012 07:25 AM #2
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Renee, you sure did put in a lot of time finding out this valuable information for your your Las Vegas real estate market report.  People looking to sell their home in Las Vegas should call Renee Burrows - she know the Las Vegas real estate market so well - just check out all of her great posts.  

Jun 03, 2012 07:55 AM #3
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL

Renee - With all of the cash buyers in your area I am not surprised that a majority of buyers are not receiving any type of seller concessions.

Jun 03, 2012 01:07 PM #4
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Looks like the give aways to spur the contract are coming to an end in most transactions.

Jun 03, 2012 09:41 PM #5
Amanda Christiansen
Christiansen Group Realty (260)704-0843 - Fort Wayne, IN
Christiansen Group Realty

Your market reports are ridiculously good Renee.  I envy them.  Good for you!!                                                                

Jun 03, 2012 10:03 PM #6
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Renee, this is a good sign at least for sellers in your market. I like your graphics.

Jun 03, 2012 11:23 PM #7
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

Renee - pretty charts, and the story is more of the same for Las Vegas, sellers are holding most of the cards right now, so buyer just have to take what they can get.

Jun 04, 2012 05:36 AM #8
Mary Ann Daniell Licensed Texas Realtor
Coldwell Banker United, Realtors - Subsidiary of NRT LLC - Killeen, TX

What a difference from here!   Sellers are paying most if not all of buyer closing costs AND prepaid reserves, along with title insurance, survey AND the home warranty.   And a cash buyer is a rare bird, too.   Glad to hear your market is doing better!

Jun 05, 2012 03:07 AM #9
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

Anyone looking to buy or sell Real Estate in the Las Vegas area must call Renee Burrows...She knows everything about this market!

Jun 05, 2012 11:48 AM #10
Renée Donohue
Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate - Las Vegas, NV
Las Vegas Real Estate Broker -

Thanks all for the comments!

Jul 03, 2012 06:43 AM #11
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