Weekly updates on Southern Nevada Housing Market -10/15/2020

Let us start with our weekly update and for this week we have 5,094 homes currently available. Now please remember this only single-family homes. It is down by 11 from last week. We still have pretty low inventory still, in the last 7 days we put 865 homes in escrow. And we closed 621 homes and 159 were withdrawn. The median of the sold price is $335,108 it went down a lot from last week, but then again when you are doing weekly worth of data it is not significant enough. It went down from $349,689 to $335,108 a $14,581 difference. But the interesting thing is that the sold price per square foot went up, it went up almost up to $4 dollars. Stay tune to hear more!

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