Las Vegas Real Estate Market Update - 10/21/13

It's Monday so here is your Las Vegas Real Estate Market Update for today brought to you by your favorite real estate coach, Julie Youngblood.

Knowing and understanding the real estate market is your job as an agent.  It can mean 1,000's or 10,000's more DOLLARS in your clients pockets, don't we owe it to them to be the BEST REALTOR we can?

As of today there are 6,824 SFR homes in available status in the MLS. 

Of those: 442 are bank owned, 895 are short sales and 5,488 are traditional sellers.

Last week there were 704 homes placd into P or C status, accepted an offer!

Of those: 38 were bank owned, 232 were short sales and 434 were traditional sellers.

There were 429 closed transactions last week.

Of those: 17 were bank owned, 72 were short sale and 340 were traditional!

Las Vegas Real Estate Market Update - 10/7/13

Real Estate and Business Coach, Julie Youngblood, shares the current update on the Las Vegas Real Estate Market.

There are currently 6543 homes in ER status in the MLS

369 are bank owned

838 are short sales

5336 are traditional sellers

Last week there were 859 properties put into P,C status

49 are bank owned

296 are short sale

514 are traditional sellers

637 closed escrow

31 are bank owned

137 are short sale

469 are traditional sellers

Las Vegas Real Estate Market Update - 9/30/13

Real estate coach, Julie Youngblood, shares the current Las Vegas market update.  LOL, I love the music in the background.  

As of today there are 6,354 SFR homes available in Las Vegas.

354 are bank owned

848 are short sale

5,152 are traditional sales

Last week 828 went into escrow.

58 were bank owned

255 are short sales

515 were traditional sales

Last week there were 683 closings.

43 were bank owned

153 were short sales 

487 were equity 

There were 50 traditional Expired last week.

Las Vegas Real Estate Market Update - 9/23/13

The Las Vegas real estate market is certainly in the midst of a shift.  The only way to recognize that is to be a student of the market!

As of today there are 6,241 SFR homes on the market. 

343 are bank owned

768 are short sales

5,130 are traditional sales

Last week there were 771 homes put into escrow.

34 were bank owned

236 were short sales

501 were traditional sales

Last week there were 522 closings.

27 were bank owned

115 were short sales

380 were traditional sales

Last week 44 homes failed to sell and went into expired status.  None of these homes were short sale or bank owned.

Las Vegas Real Estate Market Update - 9/16/13

The Market Stats for Las Vegas are as follows:

6,080 SFR homes are listed in available status in the MLS.

733 are short sales

313 are bank owned

5.034 are traditional sellers

Last week there were 819 SFR homes that accepted an offer.

227 were short sales

58 were bank owned

534 were traditional

Last week there were 471 closed properties.

109 were short sale

35 were bank owned

327 were equity

There were 49 non-short sale/bank owned homes that failed to sell, went into Expired status in the MLS.

There is currently a 7.5 week supply of homes on  the market.