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Weekly updates on Southern Nevada Housing Market -11/05/2020

November 9, 2020 by Jasmine Avila Leave a Comment

Let’s talk about week 10/22/2020 we had 5,001 homes available on the market and we put 736 homes in escrow. Now we say homes, this chart is only for single family homes. We closed 701 homes and 156 were withdrawn and the median sold price $340,126, median sold price per square feet is $183.37. The inventory continues to shrink and the number of homes in escrow went down a little, but the closing Continue Reading

Weekly updates on Southern Nevada Housing Market -08/20/2020

August 24, 2020 by Jasmine Avila Leave a Comment

We have been tracking single family homes every week since March 2020. Now we are going to share with you, now this week we have currently available 5,241 homes on the market, that is up 15 from last week. In escrow the past seven days we put 883 homes in escrow, we closed 625 single family homes. 171 homes were withdrawn from the market, but that number has not really changed this whole time Continue Reading

Renting vs Buying

August 17, 2020 by Jasmine Avila Leave a Comment

One of the main reasons to buy in Las Vegas right now (August 2020) is because the cost of buying is so good right now. Interest rates are at an all time low. Harvey explains in this video about this article he read from Fidelity that reviews this formula; if you take your annual rent, divide it by the price of a home purchase, if that number is less than 20, then you should buy. If the number is Continue Reading

Weekly updates on Southern Nevada Housing Market -07/23/2020

July 29, 2020 by Jasmine Avila Leave a Comment

Inventory continues to shrink this week we went down 5,193 single family homes available on the market. We put another 876 homes in escrow and that went up by 23 from the prior week. We closed on escrow 695 that is up by 38 homes and 150 homes were withdrawn from the MLS and it is down from last week. That is a small number nothing unusual anywhere from two hundred is pretty much normal at any Continue Reading

Supply & Demand in Las Vegas

July 6, 2020 by Jasmine Avila Leave a Comment

Is right now a good time to buy or sell? We have the expert Harvey Blankfeld joining Las Vegas NOW. Harvey has not really seen any slow down in the in the market but there is less activity than usual, but prices have held and the prices are not making any major slip or increase. It’s been pretty steady; inventory have been steady dropping as well in the last 6 to 8 weeks. We are seeing good Continue Reading

Weekly updates on Southern Nevada Housing Market -04/23/2020

April 23, 2020 by Jasmine Avila Leave a Comment

  Now this is only single family homes and this data is from the prior week, we have 6,405 single family homes on the market. That is 70 more from the week before, interestingly we had 458 homes in escrow that is huge jump from last week and went up by 144. We closed 410 homes it went up by 47 homes, the withdrawn are up too there is 154 homes that were withdrawn and went up by 88. Stay Continue Reading

Weekly updates on Southern Nevada Housing Market -03/26/2020

March 26, 2020 by Jasmine Avila Leave a Comment

  When you look at real estate data on a weekly basis there could be serious anomalies and we don’t want to overreact to any data but I want you to give you guys an idea of what is the market is doing. This is single family homes data and the number of available homes this week we have 5,655, in escrow we have 448 and we sold 567 in the last week, 204 properties that were withdrawn. The Continue Reading

LAS VEGAS HOUSING MARKET -September 2019

September 18, 2019 by hblankfeld

Fall is here! See the difference stats between this years September and 2018 September! Check out Las Vegas Real Estate Housing Market 2019 – September. Call Harvey with any questions and for all of your Real Estate needs: 702-203-1165. Subscribe to our channel thanks for watching! Continue Reading

LAS VEGAS HOUSING MARKET August 2019

August 28, 2019 by hblankfeld

  We are getting closer to fall and the market is changing check out Las Vegas Real Estate Housing Market 2019 – August. Call Harvey with any questions and for all of your Real Estate needs: 702-203-1165. Subscribe to our channel thanks for watching! Continue Reading

Las Vegas Real Estate Market Trends 2019 -January

July 12, 2019 by hblankfeld

New year and the market is changing! Check out the Las Vegas Real Estate Market Trends 2019 – January.  Call Harvey with any questions and for all of your Real Estate needs: 702-203-1165. Subscribe to our channel thanks for watching!   Continue Reading

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