Showing posts with label las vegas home sales. Show all posts
Showing posts with label las vegas home sales. Show all posts

Monday, April 11, 2016

Las Vegas Real Estate is on FIRE!

702-379-3401
www.DaveRadcliffeVegas.com 

It's Barely Spring, but the Las Vegas Real Estate Market is HOT!


It's the time of year again, the time when homes are selling quickly! 

Homes are selling almost as quickly as they are listed on the market. It's still a seller's market (with less than 6 months of inventory on the market) it makes it competitive for buyers looking to purchase. Low ball offers are not being accepted, and buyers can miss out. It's a great time to list your home for sale as inventory levels are low and the market cannot keep up with the needs of buyers at the current rates.

If you home is in the $175,000.00 to $250,000.00 price range, expect it to fly off the market. Homes in the $250,000.00 to $400,000.00 price range are not much different. With plenty of demand, we encourage you not to wait. Now is the time! Homes are appreciating throughout the Las Vegas Valley.

We understand the market and that it's a busy time to work, with the market factors they way the are, and we work for your with the speed of business! Give us a call, 702-379-3401, we can help get your home sold or get you into a new or existing home.

Not sure what your home is worth, give us a call, 702-379-3401, we can set you up with a custom on-site property evaluation at no cost to you. We can help you sell your home for Top Dollar!

We will do just about anything to get your listing and get your home sold!

March 2016 Summerlin Community Statistics & Market Update 

March 2016 Centennial Hills & Skye Canyon Statistics & Community Update 

https://youtu.be/19JBDF2FXFo

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
 

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

Home Appreciation Rates Las Vegas Valley

702-379-3401

Las Vegas Appreciation Map by Zip Code

Is your Las Vegas Home Value Increasing?

February 2016 Statistics: Below are two different maps that appear to be very similar. The maps compare February 2014 vs February 2015. The maps are broken down by Las Vegas area zip codes and color coded to show boundaries based on areas of town. The difference is the first map shows home value appreciation for Single Family Homes Valued at $400,000.000 plus, while the second map shows Las Vegas Home value appreciation for Single Family Homes Valued less than $399,999.00. Different parts of town are appreciating at different rates and differently in different price ranges.

Appreciation Rate for Las Vegas Home Values $400,000.00+



Is there a positive or negative number represented in your area of town? A positive number shows an increase. Keep in mind little change shows a very stable market. A negative percentage shows a decline year over year, but since real estate is a local market, and values have climbed in the past few years it's somewhat normal to see some variation.

Underwater homes: The greater Las Vegas area has less than a 30% count of homes that are still underwater, much different than in years past and we still see a decreasing trend. There is a lot of pricing competition for new homes. The median home value in Las Vegas currently is $220,000.00 . 
On Average, for single family resale homes, the price per square foot is $120.00.

Appreciation Rate for Las Vegas Home Values $399,999.00 and under


 What is your home valued at?

Each home has it's unique selling features and is valued based on specific comparable properties and upgrades. The Radcliffe Group is happy to do a free- no-obligation on site evaluation of your property to help you best understand you home's value and marketability. It's a great seller's market and interest rates are low, so buyers are benefiting in this market as well. Demand for homes is high in the Summerlin area, with available inventory. Give us a call if we can help you get your home sold. 702-379-3401www.DaveRadcliffeVegas.com 

 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 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.

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

Wednesday, March 16, 2016

Las Vegas Real Estate & Community Market Update



702-379-3401

Monthly Market Report 

There were a total of 2,253 Single Family, Condo’s and Townhouses closed in the month. (As of March 4, 2016)

The breakdown:

Re-sale:1,912, which is 85% of the market,
Short Sales: 162, which is only 7% of the market,
REO: 179, which is 8% of the market, significantly lower than in years past.

Financing Breakdown:

685 Cash Purchases,
747 Conventional Financing,
612 FHA Financing,
180 VA Financing Purchases.

Current Statistics:

8,692 Active homes for sale in Las Vegas,
6,346 Contingent /Pending (This is a hugs number!- It's a strong seller's market!)
4,513 Traditional Equity Sales (not Short Sales)
2,545 Homes sold last month (February 2016) in Las Vegas. The market is heating up! 

Appreciation Map- Year End 2015 

Below is an appreciation map for the year ending in 2015. Curious what you appreciation looks like on your home? Give us a call, we can help.


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, December 29, 2015

Las Vegas Median House Prices

What is your Las Vegas Home Worth?

The median home price in Las Vegas continues to hold strong at $220,000.00  for the forth consecutive month in a row, with a slight dip of $2,000 during the month of July 2015, otherwise it would have been for five straight months. Home prices are up from the first half of the year when they were at the low $200,000.00's at the beginning of the year.




Available inventory remained relatively unchanged throughout the 2015 calendar year, with approximately 13,000 homes on the market in Clark County, less than a 30-60 day supply in most neighborhoods around town.




With such low inventory and 67% of homes selling in less than 60 days after being listed for sale, it is considered a strong seller's market yet with benefits for buyers (as well) as mortgage rates are at record lows; and the expectation of an increase as the year progresses. Homes listed for sale that have been on the market for 120+ days make up for 13% of the homes listed and as a general rule, Realtors believe homes listed for long period of time such as this are often considered over priced and the home owner should consider a price reduction if serious about selling.

What does this mean for you?

Are you unsure what your Las Vegas, Summerlin, Centennial Hills, North Las Vegas or Skye Canyon Home is Worth? The Radcliffe Group can help you determine the most accurate value for your home and help you to sell in a time frame that meets your needs when they market your Las Vegas area home for sale. Because each home is unique with specific upgrades, features and conditions, it's important to see The Radcliffe Group for a comparative market analysis before selling your home. Sites like Homevalues and Zillow can have a margin of error of 5-50%, so counting on a website will likely give you inaccurate data.

Without an actual crystal ball it's hard to know for sure what the Las Vegas Real Estate economy will look like in the coming months, however Dave keeps a close eye on the pulse of the market and reports in his Crystal Ball Report, what he thinks will happen based on our market. (Check it out 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 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.

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