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December 18, 2017

Las Vegas Housing Market Report – March 26, 2012

Las Vegas Housing Market Report – March 26, 2012

Las Vegas Housing Market Report - March 26, 2012Las Vegas Housing Market Report reveals prices & market trends of Las Vegas houses – Supply & demand for Vegas houses – Median list prices of Vegas NV homes.


Las Vegas Houses

 This Week:

Las Vegas Housing Market Report – March 26, 2012 shows that the current median list price of homes for sale is $150,000. Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.

Supply and Demand:

The Las Vegas housing market report indicates that the market for single family residential homes is getting hotter. The homes report indicates that the sales demand is strong while fewer homes are being listed for sale. Meanwhile, the current supply and demand levels are showing no signs of price changes from their current trend.

Price Trends:

The median Las Vegas housing market prices are continuing their climb again this week. As a result, the asking price per sq.ft. is also increasing.  However, the days on the market to get a home sold is dropping. The market action index on future housing reports will reveal how long this trend will last.

View the entire…Las Vegas Housing Market Report – March 26, 2012.

Median List Price…$150,000
Asking Price Per Square Foot…$76
Average Days on Market…168
Percent of Properties with Price Decrease…26%
Percent Relisted (reset DOM)…n/a
Percent Flip (price increased)…6%
Median House Size (sq.ft.)…2020 sqft
Median Lot Size…6,100 – 8,000 sq.ft.
Number of Bedrooms…3
Number of Bathrooms…2.5

Search the Las Vegas MLS listings to find Homes for Sale!

…………..

When buying or selling Las Vegas real estate…
Contact an Experienced Las Vegas Realtor!
Bob and Jackie Simmons
The Realty One Group
702-508-8172

Subscribe in a reader

Las Vegas Housing Market Report…June 20, 2011

Las Vegas Housing Market Report 20Jun11, Vegas real estate report

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 has “paused.”

The Las Vegas Nevada housing market remains a very strong buyer’s market at this time. There is an ample supply of foreclosures and short sales in the Vegas housing market. Savvy home investors are purchasing Las Vegas houses and either flipping them or renting them. Home buyers have not seen Las Vegas home prices at this level since 1995.

View the entire…Las Vegas Housing Market Report for June 20, 2011.

Median List Price…$127,848
Asking Price Per Square Foot…$70
Average Days on Market…159
Percent of Properties with Price Decrease…35%
Percent Relisted (reset DOM)…7%
Percent Flip (price increased)…6%
Median House Size (sq.ft.)…1806 sqft
Median Lot Size…4,501-6,500 sq.ft.
Number of Bedrooms…3
Number of Bathrooms…3

Search the Las Vegas MLS listings to find Homes for Sale!

…………..

When buying or selling Las Vegas real estate…
Contact an Experienced Las Vegas Realtor!
Bob and Jackie Simmons
The Realty One Group
702-508-8172

Las Vegas Homes Report…April 11, 2011

Vegas single family homes real estate report for 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 list price of a Las Vegas house was above $350,000 in January , 2007 and is currently at $129,900, a difference of over $220,000.

Median List Price…$129,900
Asking Price Per Square Foot…$71
Average Days on Market…162
Percent of Properties with Price Decrease…40%
Percent Relisted (reset DOM)…7%
Percent Flip (price increased)…7%
Median House Size (sq.ft.)…1,802 sqft
Median Lot Size…4,501-6,500 sq.ft.
Number of Bedrooms…3
Number of Bathrooms…3

Search the Las Vegas MLS listings to find Homes for Sale!

When buying or selling Las Vegas real estate…
Contact an Experienced Las Vegas Realtor!
Bob and Jackie Simmons
The Realty One Group

Subscribe in a reader


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