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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

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Stacy Sheeley

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

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Stacy Sheeley

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

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Stacy Sheeley

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

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Stacy Sheeley

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

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Stacy Sheeley

Las Vegas’ Best Brunch Spots – Neighborhood Eateries off The Strip

If any city serves up a decadent brunch, it has to be Las Vegas.  Brunch is the meal where all rules go out the window, and you can have bottomless Bloody Marys or endless Mimosas while eating pancakes, oysters on the half shell or a creative Eggs Benedict.  Here are some of my favorites that are locally owned and off The Strip.   1. Honey Salt Since 2012 Honey Salt has been serving market inspired cuisine with a fresh farm-to-table style flair.  They commit themselves to using the best quality ingredients from local and regional farmers, fishermen and growers.  My

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