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View the Las Vegas Homes report.

This Week
The median list price in LAS VEGAS, NV this week is $140,000. The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market.

Supply and Demand
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Price
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.
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As this weeks Las Vegas real estate chart indicates this is an opportunity for buyers who are purchasing Las Vegas homes. The simple fact remains that less people are currently able to purchase as compared to a normal real estate market.

Why buy now?

1.) Qualified buyers today hold a tremendous advantage when negotiating offers on Las Vegas properties because there are less buyers who are capable of purchasing real estate now.

2.) Many homes in Las Vegas are currently for sale meaning that a qualified buyer has a terrific selection from which to choose.

3.) When looking for homes for sale in Las Vegas the buyer also has a huge advantage due to the falling prices with these Las Vegas properties.

When you are choosing a Las Vegas Nevada realtor contact Bob and Jackie Simmons of the Realty One Group. We have over 35 years experience combined in residential real estate and we have served our clients with buying or selling their Las Vegas homes since 1995.

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