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Las Vegas Home Prices and Home Values in NV

Las Vegas Home Prices and Home Values in NV continue to remain strong with all the pent up buyer demand and the lack of good inventory. The great news for buyers is that every month there is an increase in housing inventory in the Las Vegas market which means less homes are getting multiple offers and you may now have a week or so to make a decision to buy a home compared to just a couple days over the summer months.

Tom Heuser and Serena Heuser are very active Realtorss in the Las Vegas market and the Summerlin market so we have a good pulse on what is happening on both the buyer and seller side. Since we interact with fellow agents daily we can report confidently that Las Vegas Realtors and Summerlin Realtorss are happy to see this additional inventory being added to the marketplace monthly. We are happy to see this additional inventory as we are still under a 2 month supply and the fair supply of inventory for both buyers and sellers is a 6 month supply. Buyers are frankly exhausted of not having choices and having to make a quick decision when they walk in the home before it gets multiple offers.  You can see in the graph below that we hit out lowest level of inventory on March 2013 and we have been constantly adding inventory each month since then.

 

 

 

If you are looking for a Las Vegas Realtors or Summerlin Realtors that offer guaranteed professional service with constant two way communication to make the home buying or selling process less stressful then give us a call today at 702-551-3004. Las Vegas Home Prices and Home Values in NV are constantly changing so be sure to have a Realtors that knows the market pulse. To see what we do differently visit our website today or call.