Showing posts with label las vegas market statistics. Show all posts
Showing posts with label las vegas market statistics. Show all posts

Thursday, June 16, 2016

Las Vegas Community & Market Update June 2016

702-720-6401



Las Vegas is expected to see 10,000 new homes built this year. Builders are showing this is only 30% of what was built in past years, but it's a vast improvement from where we have been and shows a healthy market.
We can represent you with NO COST representation at all the builders in town. Remember we must be with you on your first visit to the builder models; it's important you have representation from the beginning.
Single Family Residence (SFR):                                                   
  • Available – 7,101 (+70, Last Week 7,031)
  • Under Contract – 6,087 (-224, Last Week 6,311)
  • Days of Supply – 35 (+1, Last Week 34)
  • Short Sales – 2,086 (-22, Last Week 2,108)
  • 3902 sales we show of which, 3751 were not short sales
Five more stores have been added to Downtown Summerlin, and it continues to be a great place to eat, shop and relax while enjoying the Vegas local amenities.

Search ALL Las Vegas Homes for Sale Here!

https://youtu.be/0d51afHmsHM

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
702-702-6401

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

Wednesday, May 13, 2015

Las Vegas Real Estate Market is Strong- Current Market Statistics



The Las Vegas Real Estate Market is very strong and in full swing; everyone is very busy and happy to help you close on your next home purchase or sale. It’s a great time to buy, sell or refinance. There were a total of 3,195 Single Family, Condo’s and Townhouses closed in the month of March, that’s a huge increase! The real estate market has seen many digital changes recently with virtulization mobile real estate search apps, drones, YouTube, Facebook and mobile changes to Google; and we are keeping up on all of the latest technology updates so we can best service you. Take a look at our YouTube Chanel to see the latest videos and featured homes for sale.


The Real Estate market is healthy with an equity resale rate of 82.1%, approximately 2,624 single family homes. With 271 Short Sales, they make us just 8.5% of the current market. REO (Real Estate Owned) often referred to as bank owned or foreclosure properties currently makes up 9.4% of our market with approximately 300 homes accounted for this past month.


The loan market is strong as interest rates are at 24 month low and we are seeing fewer cash deals (1002) and more homes being financed. This gives the typical homeowner buyer power as many cash investors are out of the market. We have seen 1066 Conventional Financing home purchases, 777 FHA Financing, and 283 VA Financing purchases in the last month. We do a lot of business with the Military and there are some seller costs to VA purchases; this may account to the few VA financing purchases we have seen.


There are currently 7,187 Single Family Residence (SFR) available; with 6,268 under contract, some of which are short sales, we are happy to see those closing soon. 1,857 Condominiums and Town Homes (CONDO/TH) are available with 1,086 under contract. Our Las Vegas Homes Inventory is moving quickly, and if you have your home listed for sale you can typically expect it to sell in 90-120 days, quicker depending on if you are listing with special needs; regardless we are here to help you get it sold at its highest and best price possible. Give us a call. Military, Law Enforcement Officers and Firefighters never pay a full commission with The Radcliffe Group when you sell your home. 


The Radcliffe Group is your Las Vegas, Summerlin, Centennial Hills, and North Las Vegas real estate connection. Ranking consistently as one of the top real estate teams at Keller Williams Realty Southwest Las Vegas, Dave also ranked number 1 in 2014 as the top producing individual out of 172 Realtor- Agents in his office. 


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. 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


Thank you for tuning in, subscribe to our YouTube Channel and check out our Las Vegas Real Estate Blog at: www.DaveRadcliffeVegas.com

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