Market Update for Nevada Trails Las Vegas NV June 2015

By
Real Estate Agent with Realty ONE Group ~ 702.419.5359

 

Nevada Trails in Las Vegas NV | Homes for Sale | Market Report June 2015

 

Market update for Nevada Trails Las Vegas NV June 2015

 

Regardless if you are buyer or seller in the Nevada Trails Las Vegas real estate market, having information about the current market conditions will empower you to make an educated decision regarding how to proceed.

 

Follow the link to see the list of all the homes currently for sale in Nevada Trail Las Vegas NV.

 

Market update for Nevada Trails Las Vegas NV June 2015

With only 3 months of available inventory, Nevada Trails real estate market is experiencing strong seller's market. Out of 26 homes that are not yet in contract, 3 are short sales, 23 are traditional sales, and there are no foreclosures.

To view all available Short Sales in Nevada Trails Las Vegas.

In the past 30 days 12 homes were sold and 11 new listings were taken keeping the current market balance in seller's favor.

Average sold price per square foot is $140, with single stories selling for $160 per square foot. Escrowed properties indicate upward pressure on price per square foot with single stories pushing into $170/SF territory.

Properties in Nevada Trails stay on market for 61 days on average, which is slightly higher then in June of last year, however this would be more indicative of sellers knowing the market and waiting out for the best offer.

Average sale price is $346,000, which is 11% higher then 12 months ago despite temporary slowdown in the beginning of the year.

 

Below are details on homes sold in Nevada Trails Las Vegas in June 2015:

 

Street Bldg Desc Sale Price SqFt BR BTHS Garage Pool DOM
Apache Cliff St 2 Story $465,000 3,302 4 4 3 Y 23
Pioneer Ranch Ave 2 Story $315,000 2,427 4 3 3 Y 49
Cross Plains St 1 Story $230,000 1,434 2 2 2 N 13
Brushwood Peak Ave 1 Story $322,000 2,007 3 2 3 N 61
Rainbow Rising 2 Story $479,950 4,300 5 6 3 N 252
Burnt Oak Ave 2 Story $270,000 1,950 4 3 2 N 6

 

 

 

 

 

 

Homes selling fastest and for the top price in Nevada Trails Las Vegas, have certain characteristics:

  • they are clean and de-cluttered
  • bathrooms and kitchen are sparkling clean
  • minor repairs already done (do not wait for home inspections)
  • great curb appeal with front lawn freshly trimmed
  • property appropriately priced based on current market conditions

 


Whether you are prospective buyer looking for a home in Nevada Trails Las Vegas, or a homeowner thinking of selling, give me a call at (702) 419-5359, and I would be happy to provide more details about Nevada Trails real estate market.

 

Market update for Nevada Trails Las Vegas NV June 2015

 

Comments (8)

Anna Hatridge
R Gilliam Real Estate LLC - Farmington, MO
Missouri Realtor with R Gilliam Real Estate LLC

Great market report!  How wonderful the market in your area is recovering.  So nice to see that there are no REO properties.

Jun 12, 2015 08:29 PM
Anna Hatridge
R Gilliam Real Estate LLC - Farmington, MO
Missouri Realtor with R Gilliam Real Estate LLC

Welcome to Active Rain.  The use of the info-graphic is wonderful.  Wishing you continued success in your blogging.  You are doing great. Looking forward to your next post.

Jun 12, 2015 08:30 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Michele.  Thanks for the great market report for the Nevada Trails area of Las Vegas.

Jun 12, 2015 08:57 PM
Michele Milic
Realty ONE Group ~ 702.419.5359 - Las Vegas, NV

Thank you Anna Hatridge for your comments and support.

Gabe, thank you for stopping by.

Jun 13, 2015 10:02 AM
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

I'm glad to see the short sales are a very small majority of the overall sales. That's a definite sign of a recovering and healthy market.

Jun 13, 2015 12:31 PM
Michele Milic
Realty ONE Group ~ 702.419.5359 - Las Vegas, NV

It is getting better Nicole Doty - Gilbert Real Estate Expert particularly in this community. Hopefully the rest of Las Vegas market joins the trend.

Jun 13, 2015 12:50 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your area market reports.

Thanks for following my blogs. I will be watching for your comments.

Jun 13, 2015 08:57 PM
Michele Milic
Realty ONE Group ~ 702.419.5359 - Las Vegas, NV

Thanks so much, Roy Kelley. Hopefully they find them helpful.

And, no problem. Likewise.

 

Jun 14, 2015 04:33 AM