Vegas by the numbers

[Brad Bellstedt]

In the last 7 days:

789 properties have come on the market.

471 properties have gone under contract with a buyer.

764 properties have sold/exchanged owners.

312 new leases were signed.

The average and median sale prices/square foot increase by $1.38 and $3.45 compared to last week and more than that compared to previous weeks. 

Home sold, averaged a sale price of 96.5% of list price. (2020: Low = 88.6%, High = 99.3%)

Those first four numbers are all SLIGHTLY less than what would be expected for this time of year but not market shatteringly low. Lets hope this shutdown doesn't last for long and our market will stay strong. 

(Search area includes Las Vegas, North Las Vegas, Henderson, Lake Las Vegas, and Boulder City)