Greater Las Vegas Real Estate Market Update – October 2018

Las Vegas Market Overview The Las Vegas real estate market slammed on the brakes during September and witnessed a nearly 24% drop in closed units compared to August 2018 and a nearly 16% drop compared to September 2017.  Now media reports would have us believe that our market price increases are out of control while … Continue reading Greater Las Vegas Real Estate Market Update – October 2018

Greater Las Vegas Real Estate Market Update – September 2018

Las Vegas Market Overview August 2018 Single Family Residential (SFR) closed sales were down 2.7% from July 2018 and were basically flat compared to the same period last year. The SFR median sales price improved to $295,000 while the SFR average closing price jumped to $349,679 for a 5.2% increase from last month. Residential inventory … Continue reading Greater Las Vegas Real Estate Market Update – September 2018

Greater Las Vegas Real Estate Market Update – August 2018

 Las Vegas Market Overview July 2018 Single Family Residential (SFR) closed sales were down 2.7% from June 2018 and were basically flat compared to the same period last year. The SFR median sales price held at $290,000 while the SFR average closing price dipped to $332,409 for a 1.6% decrease from last month.  Residential inventory … Continue reading Greater Las Vegas Real Estate Market Update – August 2018

Greater Las Vegas Real Estate Market Update – July 2018

Market Overview June 2018 Single Family Residential (SFR) closed sales were up 0.5% from May 2018 but were down 11.3% compared to the same period last year. The SFR median sales price dropped 1.7% to $290,000 while the SFR average closing price dipped to $337,938 for a 0.8% decrease from last month. 2018 sales have … Continue reading Greater Las Vegas Real Estate Market Update – July 2018

Greater Las Vegas Real Estate Market Update – May 2018

Market Overview April 2018 Single Family Residential (SFR) closed sales were down 9% from March 2018 and were essentially flat compared to the same period last year. The SFR median sales price improved 1.4% to $289,500 while the SFR average closing price improved slightly to $333,762 for a 0.95% increase from last month. 2018 sales … Continue reading Greater Las Vegas Real Estate Market Update – May 2018

Greater Las Vegas Real Estate Market Update – April 2018

Market Overview March 2018 Single Family Residential (SFR) closed sales were up 48% from February 2018 but down 1.6% from March 2017. The SFR median sales price improved 1.8% to $280,000 while the SFR average closing price slipped to $330,608 for a 1.5% retreat from last month. 2018 sales are on the same pace as … Continue reading Greater Las Vegas Real Estate Market Update – April 2018

Greater Las Vegas Real Estate Market Update – March 2018

Market Overview February 2018 Single Family Residential (SFR) closed sales were down 6% from January 2018 and from February 2017. The SFR median sales price improved 3.8% to $275,000 while the SFR average closing price jumped to $335,689 for a 8.9% increase from last month. 2018 sales are on the same pace as they were … Continue reading Greater Las Vegas Real Estate Market Update – March 2018