Wednesday, January 8, 2014

Las Vegas Market Report - Home Sales Strong - Prices Stable

The Bush Team of Las Vegas, Nevada - Keller Williams Realty Southwest - 702-483-9620 www.bushteamsellsvegas.com

http://youtu.be/1KhWCHeSVEU

The Las Vegas Real Estate Market Stats 1/8/14 information gathered from Greater Las Vegas Association of Realtors. 

The Market has become more stable we are seeing more Equity Sellers vs Short Sales and REO sales.  This being said however Sellers are still having to price the property aggressive within the comparables for its community.   For the most part paying over list price on a property is not being seen unless the property is well under priced. 

There now is time for the First Time Buyers to find a home were as before they were getting out bid by Cash buyers willing to pay over list price and appraisal values.  You may still find this in some cases however not as much. 

Wither you are a Seller looking to Sell your Las Vegas Home or Las Vegas Investments The Bush Team of Las Vegas Keller Williams Southwest will show you ways to net the most possible profits.

Or if your a Buyer looking for a Team ready to work for you our Buyer Specialist know what it take to negotiate a contract and get you your dream home! Call us today as we would love to  discuss your Real Estate Goals.

Single Family Residence (SFR)                                         
Available – 6,608 (+113, Last Week 6,495)
Under Contract – 6,439 (-103, Last Week 6,542)
Days of Supply – 31 (+1, Last Week 30)
Short Sales – 5,259 (-56, Last Week 5,315)
                                               
Condominiums and Town Homes (CONDO/TH)                                           
Available – 1,689 (+23, Last Week 1,666)
Under Contract – 1,208 (+2, Last Week 1,206)
Days of Supply – 42 (+0, Last Week 42)
Short Sales – 1,062 (-3, Last Week 1,065)
                                              
Combined SFR + CONDO/TH                                        
Available – 8,297 (+136, Last Week 8,161)
Under Contract – 7,647 (-101, Last Week 7,748)
Days of Supply – 33 (+1, Last Week 32)
Short Sales – 6,321 (-59, Last Week 6,380)
 
 
 

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