August Update

Not sure if you receive the Sunday paper, or read it online but please see the article I wrote for the Review Journal in the link below.

This Las Vegas housing market is correcting not crashing

I’m extremely grateful to be able to share my views and insights on the current condition of our housing market.

I get asked everyday if he market is crashing, and here’s my answer.

Las Vegas Market Snap Shot

TOTAL PROPERTIES AVAILABLE

Single family: 7,621
Condo/ Town homes: 1,742
High Rise Units: 435
Multi-Family, 2-4 Units: 85
Manufactured Homes: 81

TOTAL PROPERTIES IN ESCROW

Single family: 2,255
Condo/ Town homes: 680
High Rise Units: 74
Multi-Family: 2-4 Units: 56
Manufactured Homes: 49

PROPERTIES SOLD IN JULY

Single family: 1,967
Condo/ Town homes: 583
High Rise Units: 74
Multi-Family, 2-4 Units: 28
Manufactured Homes: 31

MEDIAN SALES PRICE FOR JULY

Single family: $470,000
Condo/ Town homes: $275,000
High Rise Units: $382,500
Multi-Family, 2-4 Units: $557,500
Manufactured Homes: $249,500

MEDIAN SOLD DOLLAR PER SQFT FOR JULY

Single family: $262 per sqft
Condo/ Town homes: $242 per sqft
High Rise Units: $429 per sqft
Multi-Family, 2-4 Units: $182 per sqft
Manufactured Homes: $179 per sqft

SEARCH FOR

Short Sales

Foreclosures

Homes by Zip Code

Homes by School Zone

Homes by Community

Single Story Homes

High Rise Tower Name

Condo/ Townhomes

Luxury Homes $1M+

Multi Family Homes

THANK YOU FOR YOUR TRUST

AND SUPPORT!

If you’d like an update on how much your home is worth, I’d be happy to send you a list of comparables along with a complete market analysis. Just reply to the email or click below.

WHAT’S MY HOME WORTH

Have a great month, and please continue to refer your family and friends to me!!