During the fourth quarter of 2013 Las Vegas home sales were down. November had the lowest amount of Las Vegas residential resale closings in 5 years.
There were 10,193 closings in Las Vegas during the 4th quarter of 2012 and 8,047 in the fourth quarter of 2012, which is a difference of 21.1% decrease.
Las Vegas Home prices continue to increase from an average sales price of $163,219 in the 4th quarter of 2012 to $208,287 in the 4th quarter of 2013, which is a 27.9% increase.
Las Vegas Short sale closings have decreased in 2013. In December 2012 there were 1641 short sale closings in Las Vegas and in December 2013 there were only 507, which is a 69.1% decrease.
If you would like a more detailed report please feel free to email me as I HAVE A PDF REPORT AVAILABLE.
Oh by the way who do you know looking to Sell Real Estate, Buy Real Estate or Invest in Real Estate? We are never to busy for any of your referrals!
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