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Stacy Sheeley

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

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September 23, 2023
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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September 3, 2023
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STACY SHEELEY HOMES

Realty One Group, Las Vegas, NV  |  702-292-9064  |   [email protected]

NV License# S.0053736

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