Best Realtors Las Vegas Archives - Stacy Sheeley Homes

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 – Home of the Week

Builder Special! $477,000 2300 sf | 3 Bedrooms + Den + Loft | 2.5 Bathrooms 2 Car Garage | 117 sf deep lot *Photos of the model and not the actual home for sale Featuring an open floorplan with a great room adjoining the dining space and kitchen. This floorplan also has a den which can be used as an additional family room, office, playroom or gym. An upstairs loft offers many options as well. It can also be enclosed for a 4th bedroom. White cabinetry and quartz countertops throughout. The kitchen also has an upgraded subway tile backsplash. Trendy

September 6, 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 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

The Luxury Home Market – Half Yearly Report – 2003

The Las Vegas housing market remains a dynamic and exciting space, reflecting the city’s vibrant atmosphere. Opportunities abound for Luxury Homeowner’s with desirable properties. Because of the shortage of available homes, now is a golden opportunity for Sellers. We are seeing Luxury homebuilders selling out and striving to build to meet new demand. If you’re ready for a change – now is definitely the time to sell your Luxury home. Q2 Luxury Home Sales – Most Expensive by Price Per Square Foot Selling Your Luxury Home With Stacy For 20 years Stacy has been providing personalized real

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

Neighborhood Guide to Las Vegas

Las Vegas expands far beyond the glimmering Strip. This bustling city is a mosaic of diverse neighborhoods, each with its own unique charm and character. We put together an interesting array of unique communities and hidden gems. Here are some of our favorites from country clubs to the trendy historical district and beyond. Las Vegas definitely does have it all! The Historical District Scotch Eighties One of the hidden treasures of Las Vegas is the tight-knit communities just to the west of the Las Vegas Strip. The Scotch Eighties community takes its name from the fact that many of

August 2, 2023

Why Dogs Love Summerlin

Every dog must have his day! Dogs are a quintessential part of our lives, and I cannot imagine mine without my fur baby Barkley. So, what are you waiting for? Why not make Summerlin your home? You and your dog will LOVE it. “If you don’t own a dog, at least one, there’s not necessarily anything wrong with you, but there may be something wrong with your life.” -Roger Caras The Trail System Summerlin is known for its expansive outdoor recreational amenities, including the 200-mile Summerlin Trail System and dozens of parks. The trail system wanders through Summerlin

July 15, 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

BLog

The Benefits of Buying a Home in Today’s Market

Las Vegas – Home of the Week

Neighborhood Guide to Las Vegas

Why Dogs Love Summerlin

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