SnapShot of the current market in Las Vegas today....
[What a buyer can expect]
UpDated: April 10, 2013
MARKET HAS SHIFTED TO A SELLER'S MARKET
~~There are prevalent bidding wars and multiple offer situations on properties. (Up to 30 offers within days of list---seen up to 80 offers--Most cases property is removed from the market to stop additional offers flowing in to seller)
~~Sales price is increasing -- Appreciation -- Trending Upward - [SEE BELOW CHART & ZIP CODE APPRECIATION MAP]
Compliments of Ticor Title - Las Vegas
~~New Home Builders Sales Pricing is increasing
~~Inventory is very very low and continues to decline [SEE BELOW MLS INVENTORY WATCH CHART]
~~Seller's Net is King
MLS INVENTORY WATCH CHART -- Las Vegas, North Las Vegas, Henderson
Although Las Vegas is experiencing appreciation and low inventory, the Las Vegas pricing is still low now. A buyer may expect a unprecedented great deal today in one of the most exciting cities on this planet!
Fabulous Las Vegas!!
Julia St. Marie, RRG, ABR, RSPS
Phone: 702-355-H-O-M-E (4663)
View Detached Homes: http://www.LVRealEstateLady.com
View Highrise Condos: http://www.LasVegasCondoHeaven.com
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