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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 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

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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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