Las Vegas Market Report for October 2020
Median Home Price
$340,200 +10.8% from October 2019
3,225 +11.2% from October 2019
Homes Without Offers
4,501 -37.6% from October 2019
Homes Sold Within 30 Days
70.3% +17.7% from October 2019
What does this mean for you?
“COVID-19 appears to have extended the typical summer buying period by several months,” said 2020 LVR President. “The continued demand in our housing market is still not being met and is putting upward pressure on home values. Although we see increased permits by local home builders, they are still not meeting the demand that is out there.” Because of the low inventory driving higher sales prices, now is a great time to sell to benefit from the market conditions.
What We Do For Our Sellers
Complimentary Staging, Design & Space Planning Assistance for our Listing Clients
As part of our effective plan to sell your home, we are offering our professional services complimentary when listing with us. See our seller’s guide for our complete marketing plan to successfully sell your home.
We work with Buyers too! We would love to find your dream home.
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