Showing posts with label Centennial Hills. Show all posts
Showing posts with label Centennial Hills. Show all posts

Wednesday, March 16, 2016

Centennial Hills Community & Market Update March 2016

702-379-3401

Centennial Hills Community 




Centennial Hills Real Estate Market Update- With the best values in the valley homes are moving quickly! With 667 Active properties for sale, 583 are Contingent /Pending, with 416 of those not being Short Sales. That means it is only a 6 week inventory of available homes for sale in the area. 236 homes sold last month; demand is high. Next month sales may even double!

These numbers do not include the New Construction Developments currently available/ sold. There are many builders to choose from in the Skye Canyon area is you are considering new construction including  a new release of homes in Skye Canyon Master Planned Community this weekend. With many model homes to choose from resale is not your only option.

Sales values are up and demand is high. The secret is out! We’ve increased our marketing presence in the area with an increased focus on Skye Canyon, so look for events from us. 

https://youtu.be/C5avvggkd9U

Search ALL Las Vegas Homes for Sale Here!

The Radcliffe Group

Out of more than 10,000 real estate agents in the greater Las Vegas and Clark County area, Dave Radcliffe ranks among the Top 1% of Realtors® as number 101 during 2015. Dave has a team of top producing agents, and providers and ranks consistently as one of the top real estate teams at Keller Williams Realty Southwest Las Vegas because he is all about customer service and utilizing the best resources in the real estate business. Dave Radcliffe ranked number 1 in 2014 as the top producing individual out of 172 Realtor-Agents in his office. And as a Top #4 Team/Group in 2015 over 200 agents.  David is part of the Agent Leadership Council for Keller Williams and was awarded in 2015 with the ALC Owners Award as the person making the biggest difference in the Market Center. Dave and The Radcliffe Group received The HSA Award and Top Leverage Award from Transaction Coordination. The Radcliffe Group is your Las Vegas, Summerlin, Centennial Hills, and North Las Vegas real estate connection.

As a retired police officer, Dave is passionate about giving back to the service community and dedicates much of his time giving and supporting the Las Vegas Metro Police Department, Firefighters and Military at Nellis Air Force Base.  Military, Fire and Law enforcement never pay a full commission when they work with the Radcliffe Group. The Radcliffe Group can assist you in your Las Vegas PCS or relocation, New Home Construction purchase, Condo and Luxury Home purchase. Specializing in helping Las Vegas and North Las Vegas homeowners sell their home for the highest market value, Dave and his team will help you yield your highest profit. Call 702-379-3401 when it is time to sell your Las Vegas, Summerlin, Centennial Hills or North Las Vegas Home.

Check out and subscribe to our YouTube Channel and follow our Las Vegas Real Estate Blog at: www.DaveRadcliffeVegas.com
 
Written by Nickel Lowman
For Dave Radcliffe, The Radcliffe Group
Keller Williams Realty Southwest
702-379-3401

http://daveradcliffeltd.com/

David Radcliffe - Agent with David M. Radcliffe, Ltd., Keller Williams Rea David Radcliffe - Agent with David M. Radcliffe, Ltd., Keller Williams Rea

Tuesday, September 8, 2015

Hot and Steamy Centennial Hills/Skye Canyon Update

Centennial Hills- August 2015

The Centennial Hills Area/ North West Las Vegas Real Estate Markets are HOT! And it’s not just the Las Vegas Summer Weather.


 

Here are your latest Centennial Hills/Skye Canyon Statistics

With only 732 available homes on the market, and homes selling at a 52% rate of closing last month, there is less than a 7 week available inventory in the Centennial Hills Area. This is great for home sellers in the area, because demand is high and inventory is low.  If you are considering selling, we can help you get your home sold quickly and for top dollar. Currently there are 475 homes under contact that are considered traditional sales with an additional 188 short sales under contract, and 382 homes that sold in the past 30 days. If you are a home buyer considering a move to the area, now is the time to get in on the market before rates increase and affordability drops.


Sales in the 89149, 89131 and areas around Providence are brisk and busier than in the Summerlin community (if you can believe that!) The area has some of the best values in the Las Vegas valley; prices must move upward with this kind of demand. Home buyers need to not wait. It will cost you money if you do.

Skye Canyon

The Skye Canyon Grand Opening was just celebrated on August 1st with the launch of the newest Master Planned community in Las Vegas in over 10 years by the Olympia group, which happens to be the same company that developed the sought after Southern Highlands Community. Skye Canyon is located just off Grand Teton and the US- 95. With great community amenities and parks planned for the area, it’s a great opportunity to be near the outdoors and still benefit from all of the benefits of living in Las Vegas.

Model Homes & New Home Construction

We would be happy to take you on a new home tour. With 25+ years in the business, we have great relationships with the new home builders; we are aware of their quick move in homes, standing inventory and available incentives.We are actively working with some of the largest and most well know home builders and model home representatives in the area such as DR Horton, Richmond America, Lennar, Ryland and Toll Brothers. With the fiscal year ending this month, there are great opportunities in new home construction to get a great deal on the home of your dreams.  Please give us a call for information; we can help you get into a great home and save some money. Working directly with the builder cheats you out of your interests being represented. Working with us does not cost you anything when you purchase and home builders don’t increase the price when you work with us. We are FREE to represent you.

Market Updates

Keep an eye out for all of our Las Vegas, Summerlin and Centennial Hills/ Skye Canyon Update by following us on YouTube or our Blog at www.DaveRadcliffeVegas.com

Out of more than 10,000 real estate agents in the greater Las Vegas and Clark County area,  Dave Radcliffe ranks among the Top 1% of Realtors as number 101 during the second quarter of 2015. Dave Radcliffe ranked number 1 in 2014 as the top producing individual out of 172 Realtor-Agents in his office. Dave has a team of top producing agents and ranks consistently as one of the top real estate teams at Keller Williams Realty Southwest Las Vegas because he is all about customer service and utilizing the best resources in the real estate business. The Radcliffe Group is your Las Vegas, Summerlin, Centennial Hills, and North Las Vegas real estate connection. 

Discounts

As a retired police officer, Dave is passionate about giving back to the service community and dedicates much of his time giving and supporting the Las Vegas Metro Police Department, Firefighters and Military at Nellis Air Force Base. Military, Fire and Law enforcement never pay a full commission when they work with the Radcliffe Group. The Radcliffe Group can assist you in your Las Vegas PCS or relocation, New Home Construction purchase, Condo and Luxury Home purchase. Specializing in helping Las Vegas and North Las Vegas homeowners sell their home for the highest market value, Dave and his team will help you yield your highest profit. Call 702-379-3401 when it is time to sell your Las Vegas, Summerlin, Centennial Hills or North Las Vegas Home

Written by Nickel Lowman
For Dave Radcliffe, The Radcliffe Group
Keller Williams Realty Southwest
702-379-3401

Thursday, July 23, 2015

Jump In- Im Ready For You and So is Las Vegas!

The Las Vegas Real Estate Market is Strong! The Market is going crazy! And Dave wants to take you with him!


Dave's office has been on wheels lately! From Anthem to Centennial Hills and everything in between, Dave Radcliffe and his team have been busy showing homes, selling new construction models, listing new properties for sale, accepting and writing offers, building relationships with clients and challenging appraisers on home values. It's no wonder he ranks as a top agent in his office and top producing team month after month. This great real estate market is for both buyers and sellers; both are seeing benefits in this HOT REAL ESTATE MARKET!

Rather you are looking to sell your home for top dollar or purchase a home, the Las Vegas Real Estate Market is going crazy. With less than a 6 month supply of homes on the market, its technically considered a sellers market, because the demand for homes is high. Buyers are benefiting from low interest rates (that will likely increase later this year) and affordability is at an all time low. When rates are low, buyers can afford more and it helps drive up the price of a home, because more buyers are in the market to purchase. When Buyers are writing competing offers on properties, it cause the home's market value to increase. Some appraisers are being challenged, as they want to see home prices lower than what buyers are willing to pay. Dave and his team are making sure that when you sell your home they are doing everything in their power (even challenging appraisers) to yield you top dollar on your home sale.

There is a lot of new construction taking place in the Las Vegas Valley and North Las Vegas areas. Dave and his team of seasoned agents are ready to take you for a ride and help you find the community you have longed for and home of your dreams, rather is be a new home, under construction, or a previously owned residential property here in Las Vegas. Give Dave a call at 702-379-3401, he would love to have you sitting next to him.


Written by Nickel Lowman
For Dave Radcliffe, The Radcliffe Group
Keller Williams Realty Southwest
702-379-3401
www.DaveRadcliffeVegas.com

Thursday, July 2, 2015

Skye Canyon- Honoring a Fallen Officer Allen Beck- Community Park to be Named After Him


"Halfway between the bright lights of Las Vegas and the tall timbers of Mt. Charleston, a groundbreaking 1,700-acre community is coming to life... It’s called Skye Canyon." Skye Canyon is located in the Northwest of Las Vegas, just off Highway 95 and Horse Road. And it won't be long before there is a new park in the area to enjoy.

A local police officer's life will be honored by the "re-naming" of this park as it is built. Indian Hills Park will soon be under construction at Horse Drive (Soon to be Skye Canyon Park Drive) and Brent Lane; and rather than naming the park, Indian Hills Park as originally planned, the park will be named after the late Police Officer Alyn Beck, who lost his life his life in June 2014, while serving the Las Vegas community. 

 
The re-naming of the park came about after his death, when his wife, Nicole, called City Councilman Steven Ross (of Ward 6) inquiring about when the completion of the park would take place. After that, the name change was decided at a June 2015 City Council Meeting. "What better way to honor our fallen officer than to name a park after him, and in a community where his family lives and wife runs by daily."

The 10.5 acre park, will be easily accessible to the nearby master planned community of Skye Canyon, currently under development. Pulte Homes and Woodside Homes of Nevada will be hosting an open house, model home preview event on August 1st. You can learn more about the development of this park, and other Sky Canyon amenities underway, such as Skye Center with swimming pool, splash park, activities and fitness centers, sports field, greenhouse, coffee and juice bars by attending the model home event, or by giving David Radcliffe and his team a call.

As a retired police officer, local resident and Realtor for the past 25 years, David Radcliffe is passionate about where he lives and knows the community well. Dave has a heart for giving back to the service community and dedicates much of his time serving and supporting the Las Vegas Metro Police Department, Firefighters and Military at Nellis Air Force Base. As a way for Dave to show his appreciation Law Enforcement, Military, and Fire never pay a full commission when they work with the Radcliffe Group. Dave also has great relationships with mortgage vendors that offer reduced rates and closing costs that are paid for on your behalf.

The Radcliffe Group can assist you in your Las Vegas PCS or relocation, New Home Construction purchase, Condo and Luxury Home purchase. Specializing in helping Las Vegas and North Las Vegas homeowners sell their home for the highest market value, Dave and his team will help you yield your highest profit. Call 702-379-3401 when it is time to Buy or sell your Las Vegas, Summerlin, Centennial Hills, Skye Canyon or North Las Vegas Home.  

Dave Radcliffe ranked number 1 in 2014 as the top producing individual out of 172 Realtor-Agents in his office. Dave has a team of top producing agents and ranks consistently as one of the top real estate teams at Keller Williams Realty Southwest Las Vegas because he is all about customer service and utilizing the best resources in the real estate business. The Radcliffe Group is your Las Vegas, Summerlin, Centennial Hills, and North Las Vegas real estate connection.

Dave records a monthly Centennial Hills Market Update to include the Skye Canyon area, Check out and subscribe to our YouTube Channel and follow our Las Vegas Real Estate Blog at: www.DaveRadcliffeVegas.com



Written by Nickel Lowman 
with content from Source Access City Council, and SykeCanyon.com
For Dave Radcliffe, The Radcliffe Group
Keller Williams Realty Southwest
702-379-3401


Thursday, June 25, 2015

Real Estate Market Update: Centennial Hills, Zip codes: 89166, 89149, 89131, 89130, 89143




Some of the best home values in Las Vegas are in the Centennial Hills community and surrounding area (zip codes: 89166, 89149, 89131, 89130, 89143).

Centennial Hills Market Statistics show there are currently 745 Available Properties/ Homes for sale in Centennial Hills and surrounding area. Of the 745 homes for sale, 514  of the homes in the area are under contract. In the Last 30 Days, 335 homes have sold in Centennial Hills; that is less than a 90 day inventory in the area. So demand is high and supply is low. It makes it a great time to sell your home or reinvest and purchase a new home. Because values are so great, buyers are benefiting from great rates and builder incentives and options.

As Realtors we are seeing appraisal issues, and that indicates the values are moving upward and appraisers are not agreeing with the professionals that are selling the homes. As Realtors, our job is to help you yield the highest return possible when you sell your home. We are helping push values and request appraisal reconsideration and help you get as much as we can when we represent you in your home sale.


As a buyer, looking to purchase a home in the Las Vegas or Centennial Hills area, it is important to know it is a very active real estate market with some of best values in the valley. The Radcliffe Group is happy to help you with your purchase and consult with you on all of your needs. There are many builders developing new construction home communities in the Centennial Hills area. We can represent you in your new home purchase at no cost to you and why wouldn’t you want to be represented? Walking into a new home model unrepresented in like walking into a bar naked. With lots of new homes available in the area you may want to consider checking out some of the new homes by DR Horton, Lennar, and William Lion in the Centennial Hills area or in the Skye Canyon Community that is under development to include Pulte Homes, Woodside Homes and Century Communities. The Radcliffe Group is happy to consult with you and take you on a tour of the community and help you get registered with the model homes so that your interests are protected and best represented.


Dave Radcliffe ranked number 1 in 2014 as the top producing individual out of 172 Realtor-Agents in his office. Dave has a team of top producing agents and ranks consistently as one of the top real estate teams at Keller Williams Realty Southwest Las Vegas because he is all about customer service and utilizing the best resources in the real estate business. The Radcliffe Group is your Las Vegas, Summerlin, Centennial Hills, and North Las Vegas real estate connection. 


As a retired police officer, Dave is passionate about giving back to the service community and dedicates much of his time giving and supporting the Las Vegas Metro Police Department, Firefighters and Military at Nellis Air Force Base. Military, Fire and Law enforcement never pay a full commission when they work with the Radcliffe Group. The Radcliffe Group can assist you in your Las Vegas PCS or relocation, New Home Construction purchase, Condo and Luxury Home purchase. Specializing in helping Las Vegas and North Las Vegas homeowners sell their home for the highest market value, Dave and his team will help you yield your highest profit. Call 702-379-3401 when it is time to sell your Las Vegas, Summerlin, Centennial Hills or North Las Vegas Home


Check out and subscribe to our YouTube Channel and follow our Las Vegas Real Estate Blog at: www.DaveRadcliffeVegas.com



Written by Nickel Lowman
For Dave Radcliffe, The Radcliffe Group
Keller Williams Realty Southwest
702-379-3401

Thursday, January 1, 2015

Summerlin, Las Vegas Real Estate Market Update


702-379-3401 www.DaveRadcliffeVegas.com--

Merry Christmas & Happy New Year!
Summerlin, Las Vegas Real Estate Market Update


With Christmas and the New Year upon us, you should know there are tons of new home construction sites available, with Builder-Close-Outs offering incentives.

The Summerlin Market shows Real estate Inventory of 363 active homes currently for sale in Summerlin, with very few homes listed for sale (normal for this season.) 174 homes are contingent/ pending and 94 homes are currently in escrow in the Summerlin area. Take a look at our website for the most up to date properties for sale and request a home valuation for your property.

Downtown development has added lots of value to the Summerlin community. Interest rates are still low, and the Summerlin Las Vegas area is waiting for you to relocate and call it home. We can help.

Thank you so much for watching. If you need more information go to my website or give me call. As always, we always love to talk to you about all of your Las Vegas, Centennial Hills, Summerlin, and North Las Vegas real estate needs. Happy Holidays from the Radcliffe Group at Keller Williams Realty Southwest Las Vegas 702-379-3401 www.DaveRadcliffeVegas.com--

Wednesday, December 31, 2014

New Home Construction in Summerlin Under Development, Las Vegas Real Estate News

Massive Developments in New Home Construction 

Summerlin Las Vegas


New Home Construction in Summerlin Under Development, Las Vegas Real Estate News

Dave Radcliffe of The Radcliffe Group at Keller Williams Realty Las Vegas is on location in Summerlin, to bring you the latest on the Real Estate Developments of the North West corner of The Summerlin Community. All major builders are building. With 6-8 new home developments underway, now is the time to make this area home. The opening of the Downtown Summerlin Mall has brough shopping, business and restaurants and entertainment to the area. Bulldozers are moving dirt and preparing lots within the subdivisions, new communities are under development; this area is really growing. These areas will have phenomenal views of Downtown Las Vegas and the Las Vegas Strip from these “hot” neighborhoods.

The Radcliffe Group is here to help you with your home sale or purchase. As experts in the area, we have sold property here since the start-up of Summerlin in the 1990’s. It’s FREE to you to have buyer represent you in your home purchase, we have good relationships with the builders, we know the incentives available, and can help you negotiate the best price and upgrades. We can even tour you around the rear and help you compare what the builders offer. It’s important represent you on your first visit with the builder, so please check out our video series for buyer’s tips with new construction purchases and give us a call before you make your next more or visit a new home site.

Thank you so much for watching. If you need more information go to my website or give me call. As always, we always love to talk to you about all of your Las Vegas, Centennial Hills, Summerlin, and North Las Vegas real estate needs.

The Radcliffe Group
 Keller Williams Realty Southwest Las Vegas
702-379-3401

Wednesday, November 5, 2014

Las Vegas Appraisal Institute Interviews Top Expert Realtor- David Radcliffe

Dave Radcliffe Featured at the Las Vegas Market Symposium

The Las Vegas Chapter of the Appraisal Institute has invited David Radcliffe, Realtor/Owner of The Radcliffe Group of Keller Williams Realty Southwest Las Vegas to be an expert panelist at the 2014 symposium. As a top producing Realtor, Dave reports regularly on the current real estate market in Las Vegas to include some of his specialty areas such as Summerlin, Centennial Hills and North Las Vegas. Dave has a passion to educate the community and a heart for the Military, with much involvement with Nellis Air Force Base and Las Vegas Metro Police Law Enforcement Departments and Fire Teams and had special offers available for those serving. Dave is well versed in the current real estate market conditions including Single Family Residential, New Construction and Luxury homes in the greater Las Vegas area. Dave has created a video series on the current hot topic of HOA Super Priority Lien Ruling, Credit Issues and Increasing your Credit Score, The Las Vegas Foreclosure Market, General Home Buyer and Home Seller Education Series and Where Law Meets Real Estate. Subscribe to his YouTube Channel to get all of the latest updates. Give Dave a call to learn about how he can help represent you in your next real estate transaction. (702)379-3401 www.DaveRadcliffeVegas.com--   


1 Las Vegas Market Symposium Featuring guest panelist David Radcliffe Las Vegas Market Symposium Featuring guest panelist David RadcliffeLas Vegas Real Estate Appraisal Market Symposium
Written by Nickel Lowman
Subscribe to his YouTube Channel to get all of the latest updates. Give Dave a call to learn about how he can help represent you in your next real estate transaction. (702)379-3401 www.DaveRadcliffeVegas.com--

Thursday, October 23, 2014

Centennial Hills Las Vegas Real Estate Market Update

Centennial Hills Market Update News for North Las Vegas

There are a lot of great things going on in the Centennial Hills Community: The Community Broke Ground on Sky Canyon a new master planned community. Mall Grand Openings 2015; Schools Parks, and Fire Stations are on the horizon, with lots more coming soon. There is an $18 Million Dollar Floor Control Project that should be done by year end. Lot's of New Home Builders are constructing homes in the area: KB, DR Horton, Toll Brothers, Williams Lyon, Richamond America, and Lennar.

We can represent you in your new home purchase, there is no reason to be un-represented. 


Market Statistics Single Family Homes: 583 active properties, 375 contingent/pending homes, 166 sold; there is less than 90 day inventory in Centennial Hills. Condo Market: 45 active condo, 35 pending, and 20 sold; its a very active market. Median in the area: 2284 sq ft house, $244,000.00 sales price with an average of 27 days on market, with $111 as the average price per square foot.

For more information about Centennial Hills Real Estate and the local Las Vegas Community, give us a call or visit our website, we are happy to help. 

Monday, September 22, 2014

Las Vegas Real Estate Centennial Hills Market Update

Las Vegas Real Estate Centennial Hills Market Update

(702)379-3401 www.DaveRadcliffeVegas.com-- David Radcliffe of the Radcliffe Group of Keller Williams Realty Southwest brings you a real estate market update for the Centennial Hills area of Las Vegas. We have a large presence in the area and consider ourselves as Centennial Hills experts. 


There have been recent concerns with the summer monsoons of recent flooding in the Centennial Hills area. Earlier this year (March 17th, 2014) there was as flood project that began and will wrap up in the next 60 days or so, connecting the flood channels. So it should minimize the flood issues in the area.
Centennial Hills, Las Vegas Home Prices

We are looking at a 90 day absorption rate in the area, with a brisk summer selling season. 463 active properties in the area, 299 homes are in contract, 152 homes sold in the Centennial Hills area last month. 449 homes sold in the last 90 days.

Currently there is a lot of new home construction taking place in the area. DR Horton, Lennar, Richmond, Harmony and Pardee homes are great options. Allow us to help represent you with the builder; don’t take the chance of going in unrepresented. It does not cost you a dime to be represented by a Realtor in a new construction home purchase and we can help with the negotiations. 

(702)379-3401 
www.DaveRadcliffeVegas.com

Monday, September 15, 2014

September Update 2014 Las Vegas Real Estate Market Statistics


(702)379-3401—www.DaveRadcliffeVegas.com— David Radcliffe of the Radcliffe Group of Keller Williams Realty Southwest Las Vegas is here to speak to you with a real estate market statistics update. Updates are recorded as new information is available and released feel free to subscribe to the YouTube Channel for the latest video updates.




We are seeing a lot of commercial construction throughout the Las Vegas Valley. Specifically, there is a renovation underway at the Fashion Show Mall. The facelift will completely change how you walk into the mall off the street, additionally there is a 22,000 square-foot addition in the works with a landscape redesign, five new restaurant spaces, and cabanas (that will be very similar to The Downtown Summerlinproject), with open air walks, a cloud bar with oval roof and curving glass walls. Zara department store will triple in size. So, lots of changes and development to look forward to. We are seeing some nice development on the strip. We've seen land prices and hotel construction increase, all great for Las Vegas area.



With regard to market status, there are a total of 9,520 properties for sale in Las Vegas, Nevada. We're looking at 7,450 single-family homes on the market, with 1,971 being condos/ townhomes for sale. Additionally, we're looking at 5,600 single family homes under contract (1,085 of them are condo/townhome properties) A lot of these properties are short sales and seem to have been on the market forever, so that skews the numbers a bit.



So here are the numbers that really matter: 2,443 single-family homes sold last month, with an additional count of just under 500 condos/townhomes that sold in Las Vegas. So inventory is sitting at about 3,000 homes on the market (which has been great for sellers). As you take a look at the toll numbers, we're looking at about 2.5-3 month inventory which is very brisk; and still considered a seller’s market. In the last 2-3 weeks, we saw a slight slowdown to new escrows being opened and property showings, very likely, a normal seasonal adjustment due to summer ending and kids returning back to school.



Wrapping up out market statistics, is a look at homes that are being foreclosed on. We are seeing movement on foreclosures, with more coming onto the market. Time will only tell if this is a trend we can expect from the banks, so we will keep an eye on them and we will continue to keep you updated.
If you are looking to buy home in Las Vegas, this means there may be more inventory coming onto the market soon. This will create a more competitive market for homeowners looking to sell properties.
If you are looking to buy home in Las Vegas, this means there may be more inventory coming onto the market soon. This will create a more competitive market for homeowners looking to sell properties. - See more at: http://daveradcliffeltd.com/526/#sthash.A1Ihgn9z.dpuf
If you are looking to buy home in Las Vegas, this means there may be more inventory coming onto the market soon. This will create a more competitive market for homeowners looking to sell properties. - See more at: http://daveradcliffeltd.com/526/#sthash.A1Ihgn9z.dpuf


That wraps up our real estate market statistics for the month; thank you so much for watching. If you need more information go to my website or give me call. As always, we always love to talk to you about all of your Las Vegas, CentennialHills, Summerlin, and North Las Vegas real estate needs. (702)379-3401---www.DaveRadcliffeVegas.com---

(702)379-3401—www.DaveRadcliffeVegas.com— David Radcliffe of the Radcliffe Group of Keller Williams Realty Southwest Las Vegas is here to speak to you with a real estate market statistics update. Updates are recorded as new information is available and released.

Las Vgeas Real Estate Statistics
Real Estate Statistics brought to you monthly by David Radcliffe
We are seeing a lot of commercial construction throughout the Las Vegas Valley. Specifically, there is a renovation underway at the Fashion Show Mall. The facelift will completely change how you walk into the mall off the street, additionally there is a 22,000 square-foot addition in the works with a landscape redesign, five new restaurant spaces, and cabanas (that will be very similar to The Downtown Summerlin project), with open air walks, a cloud bar with oval roof and curving glass walls. Zara department store will triple in size. So, lots of changes and development to look forward to. We are seeing some nice development on the strip. We’ve seen land prices and hotel construction increase, all great for Las Vegas area.
With regard to market status, there are a total of 9,520 properties for sale in Las Vegas, Nevada. We’re looking at 7,450 single-family homes on the market, with 1,971 being condos/ town-homes for sale. Additionally, we’re looking at 5,600 single family homes under contract (1,085 of them are condo/town-home properties) A lot of these properties are short sales and seem to have been on the market forever, so that skews the numbers a bit.
So here are the numbers that really matter: 2,443 single-family homes sold last month, with an additional count of just under 500 condos/town-homes that sold in Las Vegas. So inventory is sitting at about 3,000 homes on the market (which has been great for sellers). As you take a look at the toll numbers, we’re looking at about 2.5-3 month inventory which is very brisk; and still considered a seller’s market. In the last 2-3 weeks, we saw a slight slowdown to new escrows being opened and property showings, very likely, a normal seasonal adjustment due to summer ending and kids returning back to school.
Wrapping up out market statistics, is a look at homes that are being foreclosed on. We are seeing movement on foreclosures, with more coming onto the market. Time will only tell if this is a trend we can expect from the banks, so we will keep an eye on them and we will continue to keep you updated. If you are looking to buy home in Las Vegas, this means there may be more inventory coming onto the market soon. This will create a more competitive market for homeowners looking to sell properties.
That wraps up our real estate market statistics for the month; thank you so much for watching. If you need more information go to my website or give me call. As always, we always love to talk to you about all of your Las Vegas, Centennial Hills, Summerlin, and North Las Vegas real estate needs. (702)379-3401—www.DaveRadcliffeVegas.com
- See more at: http://daveradcliffeltd.com/526/#sthash.A1Ihgn9z.dpuf

(702)379-3401—www.DaveRadcliffeVegas.com— David Radcliffe of the Radcliffe Group of Keller Williams Realty Southwest Las Vegas is here to speak to you with a real estate market statistics update. Updates are recorded as new information is available and released.

Las Vgeas Real Estate Statistics
Real Estate Statistics brought to you monthly by David Radcliffe
We are seeing a lot of commercial construction throughout the Las Vegas Valley. Specifically, there is a renovation underway at the Fashion Show Mall. The facelift will completely change how you walk into the mall off the street, additionally there is a 22,000 square-foot addition in the works with a landscape redesign, five new restaurant spaces, and cabanas (that will be very similar to The Downtown Summerlin project), with open air walks, a cloud bar with oval roof and curving glass walls. Zara department store will triple in size. So, lots of changes and development to look forward to. We are seeing some nice development on the strip. We’ve seen land prices and hotel construction increase, all great for Las Vegas area.
With regard to market status, there are a total of 9,520 properties for sale in Las Vegas, Nevada. We’re looking at 7,450 single-family homes on the market, with 1,971 being condos/ town-homes for sale. Additionally, we’re looking at 5,600 single family homes under contract (1,085 of them are condo/town-home properties) A lot of these properties are short sales and seem to have been on the market forever, so that skews the numbers a bit.
So here are the numbers that really matter: 2,443 single-family homes sold last month, with an additional count of just under 500 condos/town-homes that sold in Las Vegas. So inventory is sitting at about 3,000 homes on the market (which has been great for sellers). As you take a look at the toll numbers, we’re looking at about 2.5-3 month inventory which is very brisk; and still considered a seller’s market. In the last 2-3 weeks, we saw a slight slowdown to new escrows being opened and property showings, very likely, a normal seasonal adjustment due to summer ending and kids returning back to school.
Wrapping up out market statistics, is a look at homes that are being foreclosed on. We are seeing movement on foreclosures, with more coming onto the market. Time will only tell if this is a trend we can expect from the banks, so we will keep an eye on them and we will continue to keep you updated. If you are looking to buy home in Las Vegas, this means there may be more inventory coming onto the market soon. This will create a more competitive market for homeowners looking to sell properties.
That wraps up our real estate market statistics for the month; thank you so much for watching. If you need more information go to my website or give me call. As always, we always love to talk to you about all of your Las Vegas, Centennial Hills, Summerlin, and North Las Vegas real estate needs. (702)379-3401—www.DaveRadcliffeVegas.com
- See more at: http://daveradcliffeltd.com/526/#sthash.A1Ihgn9z.dpuf