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Las Vegas Market Report – August 2023

Las Vegas Real Estate Market Report – August 2023 Local home prices for single family homes remains remarkably stable, while prices for condos and townhouses reached an all-time high. We can attribute that to the demand for lower-priced housing options exceeding our supply. Mortgage rates are obviously a factor, but we’ve been saying all year, the biggest challenge we face in the local housing market is a very tight housing supply. This presents a good opportunity for those thinking about putting their home on the market. Median Home Price $447,435 -0.6% from August 2022 Homes Sold 2,009 +0.3% from August

September 26, 2023

The Benefits of Buying a Home in Today’s Market

The Las Vegas housing market is somewhat competitive. Homes in Las Vegas receive 2 offers on average and sell in around 33 days. Our last statistic from the Las Vegas Association of Realtors is that the number of available homes are down 37% (August 2023) versus August of 2022. Why is the Las Vegas housing market one of the hottest in the country? Las Vegas seemed to buck the trend from most of the rest of the country. Prices remained virtually the same due to a shortage of available homes and a significant increase in population not only during the pandemic

September 23, 2023

Las Vegas Market Report – September 2023

Median Home Price $450,000 -3.2% from July 2022 Homes Sold 2,041 -1.2% from July 2022 Homes Without Offers 3,524 -51.9% from July 2022 Homes Sold Within 30 Days 68.7% -14.9% from July 2022 A report released by Las Vegas REALTORS® (LVR) shows local home prices bouncing around, higher than the previous month, but lower than last year. These statistics reflect a persistently tight housing supply, along with recently rising mortgage interest rates. Even with mortgage interest rates being higher than they were a year or two ago and leading to fewer homes being sold, the local housing market seems pretty

September 3, 2023

The Scoop With Stacy – August 2023

Friends, Family & Clients, I’m excited to bring you my personally curated monthly newsletter with a local business spotlight, community outreach, and events or things to do. With over 20 years of real estate experience in Las Vegas and my passion for the community, I wanted to bring everything together in one place. I hope you’ll consider getting involved and shopping locally. Happy Summertime, Stacy Events + Things to Do Super Summer Theatre – One of my personal favorite things to do in the summertime is to see an outdoor play while nestled into the Spring Mountain Ranch park. Take

August 21, 2023

The Urban Core of West Summerlin

There are exciting things brewing in West Summerlin! Summerlin West Urban Core Takes Shape! Howard Hughes Corporation has stated that the Summerlin West Urban Core will be the “Yin to the Yang of Downtown Summerlin.” What does that mean? I think it means that Urban Core will be a different type of venue for Summerlin West residents and visitors. From what we hear, its going to have an upscale shopping and dining district complete with a grocer (hmmm… Whole Foods?). Also, to include “The Hub” – an outdoor gathering space with an area for events; much like The Green at

August 8, 2023

Las Vegas Market Report – June 2023

What really happened in the housing market in June 2023? After increasing gradually for a couple of months, it looks like local home prices have hit a plateau – at least for now. The number of homes being sold and available for sale was also remarkably similar from May. Home builders are doing what they can to bring more homes to the market, but we will need more homes available to sell. Our inventory shortage is counteracting any negative response to the higher interest rates right now. Median Home Price $440,990 -8.1% from June 2022 Homes Sold 2,263 -14.1% from

August 3, 2023

Las Vegas Market Report – May 2023

In May, local home prices increased from the previous month, though they are still well below their all time peak set one year earlier. Prices have now increased for a couple of months in a row heading into what is usually our strongest selling season. It seems safe to say that we’re bouncing back from the bottom of this recent downturn. Buyers seem to have more confidence regarding where interest rates are sitting which is great news for anyone looking to sell their home. Median Home Price $442,120 -8.3% from May 2022 Homes Sold 2,316 -20.3% from May 2022

June 24, 2023

The Scoop With Stacy – June 2023

Friends, Family & Clients, I’m excited to bring you my personally curated monthly newsletter with a local business spotlight, community outreach, and events or things to do. With over 20 years of real estate experience in Las Vegas and my passion for the community, I wanted to bring everything together in one place. I hope you’ll consider getting involved and shopping locally. Happy Summertime, Stacy Best Places to Watch Fireworks – Fourth of July Fireworks of great vantage points include The Strip, Downtown, Green Valley Ranch, Lake Las Vegas, Red Rock Resort in Summerlin, Floyd Lamb Park (North), and M

June 24, 2023

11664 Bearpaw Meadow Ave.

The Perfect Vacation Home in Summerlin 3 Bedrooms & 2.5 Bathrooms | 2-Car Garage | 1542 sq ft | 2614 sq ft lot Offered at $535,000 A sleek and modern San Francisco-style townhome walking distance to the future “Hub” of West Summerlin – an upscale, urban outdoor gathering space with restaurants, specialty shops and a grocer. The Richmond American quality of construction shows here. No expense spared with the premium upgrades and immaculately kept in its short 2-year life. A comfortable open-concept floor plan with view to the courtyard. The many features include luxury vinyl plank flooring throughout, shaker-style maple

June 18, 2023

The Summerlin Lifestyle

Discover the Benefits of Living in Summerlin As a real estate agent and resident of Summerlin since 2002, I have seen the tremendous growth. This vibrant community is the most sought-after neighborhood in the Las Vegas Valley. Here are some of the benefits of living in Summerlin. Prime Location Summerlin, a master-planned community located in the western part of Las Vegas. It is conveniently located near the 215 Beltway, making it easy to access other parts of the valley. Plus, it’s just a short drive from the famous Las Vegas Strip. Vibrant Lifestyle Summerlin offers a unique lifestyle that combines

May 21, 2023

BLog

The Benefits of Buying a Home in Today’s Market

The Scoop With Stacy – August 2023

11664 Bearpaw Meadow Ave.

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