Las Vegas Real Estate Mid Year Market Projection

By
Real Estate Agent with Realty One Group # S.0190863

It just doesn’t get any more intense than this, does it? Here is the latest information on market trends in real estate and how they may be affecting the Las Vegas real estate market in 2021. 

 

With prices at an all time high, inventory at an all time low for both single family homes as well as condominiums and townhouses, it is quite intense.

 

Take a look at the latest figures shown in this video and for more information on how this marketplace can affect you and your goals, call me.

 

Comments (12)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Rocky as much as the present market is great for Sellers, it is equally very depressing for Buyers.

May 10, 2021 01:50 PM
Raymond Henson, eXp Realty
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

It is quite a market we are in right now.  I expect price changes like this in the stock market, not so much in the housing market.  Thank you for the update.

May 10, 2021 01:56 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Hey there George! Luckily our inventory is increasing here and so buyers have more options this month

May 10, 2021 03:22 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Hey there Raymond! Yeah, the frenzy was wild. I do see signs of more moderation soon.

May 10, 2021 03:22 PM
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Rocky-nicely done video!!!  Interesting that you are seeing signs of perhaps some moderation!!!  How long can this go on!

May 10, 2021 06:28 PM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Las Vegas home buyers and sellers are sure to value your real estate market report, Rocky.

May 10, 2021 07:44 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Rocky I am so old school my market reports on the rare occasion when I do one is with charts and no video.  Good for you. Part of the reason I have never done the video, because I figured people at work when they were cheating their employers by checking out my posts would not want them to hear voice that they were listening to me:)Endre

May 10, 2021 11:43 PM
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Rocky.

Our inventory is at a long time low.  That's great for the sellers but not so much for the buyers.  People just don't realize how much money they are going to pay while they wait.  

May 11, 2021 12:23 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Kathy Streib yes, moderation is creeping back in to the market a little bit at a time

May 11, 2021 05:17 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Myrl Jeffcoat thank you very much. A lot of fear talk goes on out there, it is good to get the facts

May 11, 2021 05:18 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Endre Barath, Jr. It could be fun to watch a market report where you use automatic weapons to write out the statitics or have a grenade blow up revealing the details underneath. LOL

May 11, 2021 05:20 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning James Dray yes, people don't realize how much they will lose while waiting.

May 11, 2021 05:21 AM