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Stacy Sheeley

What happened in the Las Vegas real estate market in February 2023?

The local Las Vegas housing market is much more balanced now than it has been in recent years.  Instead of sellers having full advantage, buyers are now in a better position, since prices have stabilized and we have more homes on the market. We’ve seen two straight months of stable home prices.  It was encouraging to see sales increase from January to February, while new listings continue to decline. Even with mortgage interest rates reaching 7% recently, this shows a strong underlying interest in owning a home here in Las Vegas. Median Home Price $424,995 -5.6% from February 2022 Homes Sold

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Stacy Sheeley

Is it still a good time to sell your home?

The short answer is “yes.”  Overall, home prices are still up 2% over the same time last year.  They are expected to go back to pre-pandemic levels which are still historically high.  There is Buyer demand – especially for highly desirable homes and in all price ranges. November Market Report Local home prices are starting to look more like they did a year ago.  But we’re certainly in a different place than we were last year, when prices were soaring and setting records.  Of course, as we said at the time, those conditions were unsustainable.  Las Vegas Realtors reported that

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Stacy Sheeley

All About Summerlin in Las Vegas Nevada

Welcome to Summerlin! The master-planned community set on the western rim of Las Vegas, Nevada with the Red Rock Canyon National Conservatory as its backyard.  Live, work, play here, as Summerlin has it all.  From shopping, education, worship, activities, country clubs, hotels, casinos, office buildings and homes of every shape and style imaginable. Summerlin makes up the most western suburb of Las Vegas and at its completion will encompass 6 miles in length by 5 miles in width covering 22,500 acres. It currently makes up 18 villages plus four “Active Adult” communities and Red Rock Country Club totaling more than

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