This time last year we had double the inventory we do now. We currently have about 4200 homes on the market and have sold a little less then 2000 in the last month. Although rates are higher than years past, rates have not crashed the market. Homes are still selling and Continue Reading
Harvey has his charts on the radio! How much supply do we have currently? How many homes are selling? Do you see any drastic changes happening in the near future? Listen to Harvey's monthly market update to get your monthly real estate Continue Reading
Here is your August 2023 Monthly Market update with July's data. We are seeing the same patterns for the last few months; same sales, same inventory, how long it's taking to sell your home. Will a shift be coming? Check back each month for Harvey's charts on the Continue Reading
Are interest rates making our current market stale? That's what the numbers show. The market seems flat. Not enough inventory still, the median sales price is the same, and numbers show that this year has actually been the slowest year in real estate in Las Vegas since 2028. Continue Reading
Please note that this is is only for Single Family homes in Las Vegas and technically for May data but we are reporting it in June. Currently there are 3893 available homes and 2226 homes have closed in the last 30 days. The absorption rate is roughly 1.75 months Continue Reading
We are providing this data in May 2023 for April and this is just for single family homes. We are seeing that this year will may be slower and compared to last year when the first part of the year was really busy and then almost stopped. We currently have about 2 months of Continue Reading
