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

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 We closed 701 homes and 156 were withdrawn and the median sold price $340,126, median sold price per square feet is $183.37.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 went up. Then the following week before the last week of October we had inventory of 4,814 available and 848 were put into escrow in that 7-day period. In the last weekend of the month there was 845 homes sold there was a little spike and we had 138 homes withdrawn. Stay tune to hear more!

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