Las Vegas Housing Market Report…June 20, 2011

Las Vegas Housing Market Report…June 20, 2011

Las Vegas Housing Market Report Las Vegas Housing Market Report reveals Vegas house prices & real estate market trends. Las Vegas Homes Report for Vegas real estate trends & house prices. Las Vegas Real Estate Trends   This Week: Las Vegas Housing Market Report…June 20, 2011 shows that the current median list price of homes for sale is $127,848. This price has dipped in the last four weeks. Currently, the inventory of single family homes is trending up while the days on the market is remaining essentially flat. At this time the Las Vegas housing market does not have a strong up or down pull. Supply and Demand: The Market Action of Vegas properties has slowed in the last month. Compared to last week , Las Vegas real estate prices and inventory levels for single family resale homes are virtually unchanged. Price Trends: The median Las Vegas housing market prices has changed little since last week. The Las Vegas real estate market for homes...
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Las Vegas Homes Real Estate Market Report for April, 2011

Las Vegas Homes Real Estate Market Report for April, 2011

View the entire Las Vegas Market Condition Report for April, 2011. The Las Vegas real estate report for single family homes indicates that median closing prices for home sales fell $900 in March. The current median sale price for a Vegas home is $127,000. March saw 3,189 homes close escrow. Bank owned homes led the way with 1,507 homes sold, short sales had 739 sales, and standard homes had a total of 889 sales. At this time 54% of the properties are closing escrow. The Vegas housing market report reveals that March 2011 has a greater demand than at the same time in 2010 with 79 more properties that have sold and closed escrow. There is also a notable difference in the median sales price as well. At this time last year the median close price was $137,000 whereas today the closing price is $127,000. The difference in home sales prices is a significant $10,000. The Vegas real estate report indicates...
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Las Vegas Homes Report…April 11, 2011

Las Vegas Homes Report…April 11, 2011

The Las Vegas housing market report focuses on single family residential homes in Las Vegas, NV and reveals Vegas home prices as well as the supply and demand. The current median list price of a Las Vegas single family home is currently $129,900. The Vegas housing inventory is tightening and the days on the market is falling. The demand is increasing as home sales have been exceeding the new inventory of Las Vegas homes for the last several weeks. Due to the fact that this is still a Buyer's market prices have not moved higher as yet. However, as the supply and demand trends continue along this course we are likely to the market shift towards the Seller's zone. If this happens we will see an upward pressure on Vegas home prices. View the entire Las Vegas Homes Report for April 11, 2011. Overall, homes in Las Vegas have about the lowest median list price since the Vegas housing market peaked. The median...
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