Las Vegas Real Estate Market Report October 13, 2014

By
Real Estate Agent with HomeSmart Encore - Las Vegas

An increase in available homes on the market for sale should be a good thing for some buyers as it may give them a few more options, yet, some buyers still have been priced out of the market over this past few months and some are still having difficulty getting qualified to purchase a home in the Las Vegas area.

 

We are starting to see some sellers that priced their homes too high for the market do some price reductions to bring them in line with current buyer trends.  See my 5 Tips To Selling Your Home Las Vegas Home.

 

The amount of Las Vegas homes for sale that do not have contracts on them has increased to approx 8,923 homes. 

 

Of that approx 1,041 are Short Sales.  As you can see, even though prices have risen this past year, there are still homeowners that owe more on their home than it can sell for so they need to do a Short Sale.

 

There are approx 5,554 homes that already have contracts on them and are waiting to close escrow.

 

Approx 2,284 homes have sold in the past 30 days.

 

By:  Dawn Barrier

 LAS VEGAS REAL ESTATE LISTING AGENT DAWN BARRIER 702-812-4550

Real Estate Agent with Prominent Realty Group, LLC

 

Posted by

Dawn Barrier at HOMESMART ENCORE Las Vegas, Nevada   

 

(702) 812-4550 

 

Las Vegas, Nevada   

January 2020

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Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.

All photography on this site are the property of Dawn Barrer unless otherwise noted and are

protected by U.S. Copyright laws and are not allowed to be downloaded or reproduced in any

way without written permission of Dawn Barrier.If you would like permission to use a photo

please email Dawn     Important Notice -This is a personal blog.

 

HOMESMART ENCORE Las Vegas Dawn Barrier

(702) 812-4550

s.0065708

Comments (1)

Doyle Davison
Hawaiian Beaches Hawaii - 714-968-6767 - Huntington Beach, CA
30 years as your Concierge services listing broker

that's a huge clearing of homes sold and in contract.

Jan 11, 2015 02:39 AM