Slight dip in home prices from March to April, however sales rose
slightly, according to the Greater Las Vegas Association of Realtors
2,615 homes sold last month, which is an increase of 3 % from March. Home sales were down
14.4 % from April 2013.
The median price of a home sold in
April fell to $192,000. Thats a decrease of 1.5 % from March & an increase of 15 % from April 2013.“
Seems we are see sawing a little bit. So in essence .. we seem to leveling off a bit on prices... which if course has increased our sales.
We are still seeing multiple offer situations in certain areas and price ranges. Cash is still king.. however on some bank owned properties they still lean towards owner occupied regardless of cash or loan.
We have more equity sales on the market... vs short sales or bank owned.
All in all great market for both sellers and buyers right now.
Investors - they are still some good flips out there, some properties that have a good rental returns... we can still find them.
Contact us today if you would like a free evaluation on your home or if you are a buyer who needs to find one!!!!
Author:Brenkus Team Phone: 702-526-2298 Dated: May 13th 2014 Views: 13,583 About Brenkus: Rick and Teri Have been top producers for over 30 years in the Las Vegas area and have been ranked i...
About Keller Williams Marketplace - Brenkus Realty Network
Rick and Teri Have been top producers for over 30 years in the Southern Nevada and have been ranked in the top 50 agents in the US by the Wall Street Journal out of over 1.3 million agents. They have sold over 7,000 homes in both stable and challenging markets. Their strategies and incredible systems to represent buyers and sellers can not be matched! Sellers enjoy netting top dollar in the least amount of time with their massive marketing and ability to stay ahead of the curve! This Top Producing Team has consistently been in the top 1% of agents Nationally for the last 30 years. They are national speakers and are highly sought after by many who want to get to the next level in their business. They also serve on Professional Standards at the Greater Las Vegas Association of Realtors and are Senior Faculty Instructors. Their list of credentials are endless!
Before you make any decision to Buy, Sell or Invest in Real Estate, be learning based and discover all the benefits, strategies and techniques Rick and Teri Brenkus offer to their clients..... You will be glad you did!!! 702-456-5959