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Las Vegas NV Area Concession Stand July 2014 (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 2014 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: 15%
  • Over $4001: 8%

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!

 

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 (4)

Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

It's nice to see markets where sellers dont have to make a lot of concessions

Aug 24, 2014 09:27 AM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

You have a nice strong market, and some great market reports.  Good for you!

Aug 25, 2014 04:39 AM
Christopher Lotte
Coldwell Banker - Lithopolis, OH
Central Ohio Real Estate Agent, 614-390-9243

hey there ,

great market report.

You work hard and you deserve it.

Have a great day!

Aug 30, 2014 11:14 PM
Sam Miller
RE/MAX Stars Realty - Howard, OH
Knox County Ohio Real Estate Specialist

Renée Burrows, I really like how you were able to break down the "Seller Concessions" and display them visually.  This makes it very easy for the seller to understand when talking about pricing and their net sheet.  Nicely Done!

Nov 22, 2014 01:02 AM