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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

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

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Stacy Sheeley

2022 Year in Review – Las Vegas Housing Market Update

Year-End Summary We ended 2022 at the same median sales price of $425,000 that we ended with in December of 2021.  Besides entering what is usually the slowest time of year for the housing market, rising mortgage interest rates have caused a contraction of sales. At the same time, we know that the housing market is cyclical and that the bottom is not falling out.  This would be indicative of the median sale price being close to what it was at pre-pandemic levels. With prices leveling off and more homes available for sale, we’re seeing a more balanced market that makes

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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

What happened in the real estate market in November 2022?

What happened? 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 not sustainable. Las Vegas Realtors reported that the median price of existing single-family homes sold in Southern Nevada during November was $430,990. That’s down 2% from October, and down from the all-time record price of $482,000 in May. But, the median home price is still up 2.6% from $420,000 one year ago. So what

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Stacy Sheeley

What happened in real estate in October 2022

It’s a great time to be a homebuyer in Las Vegas!  With 140% more homes to choose from than the same time last year, the market has become much more balanced.  Sales prices are still up over 7% from October of last year.  For homeowners who have been on the fence about making a move, now is still a good time to sell and take advantage of increased equity. So what happened in the Las Vegas Real Estate Market in October? Median Home Price $440,000  +7.3% from October 2021 Homes Sold 1,724  -44% from October 2021 Homes Without Offers 7,906 

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Stacy Sheeley

The Most Important Things to Do When Preparing Your Home to Sell

You’ve decided to sell your home.  Now what?    You need to step back and see your home through the Buyer’s eyes. You want it to be the “this-is-it” home.  Nine of 10 home sales are a result of the “wow” feeling that is generated from the potential Buyer.  Once you get your home in tip-top selling condition, you should be able to list it at the top range of similar properties.  My approach works on all homes, in any market and any price range.   > Print the Workbook Step 1:  Donate, Throw Away, Sell Go through each room, each closet,

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Stacy Sheeley

Thinking about moving to Las Vegas?

Welcome To Summerlin Summerlin, the most desirable place to live in all of Nevada. The master-planned community makes up the most western suburb of Las Vegas and at its completion will encompass 6 miles in length and 5 miles in width covering 22,500 acres.  It currently makes up 13 villages plus 4 “Active Adult” communities and numerous country club neighborhoods totaling more than 200,000 homes. The most recent development is “Downtown Summerlin” which includes an outdoor shopping area, restaurants, the Aviators Baseball Field, City National Hockey Rink – home to the Vegas Golden Knights, a movie theater along with Red

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