This page is devoted to information that typically contradicts what the media is reporting. This information will be updated every month to illustrate how our real estate market changes on a dime. We're not discussing national trends or statistics. This is Las Vegas Baby! We have our own set of rules here! If a home buyer wants to be fully informed about what's going on in the Las Vegas Real Estate Market, understanding what's going on Nationally will not help them make informed decisions here.
The media seems to report myths and legends, not true numbers and actual testimony from local Realtors who are in the game day in and day out. Knowledge is everything and it's right here at your finger tips. Many home buyers and investors waste hours and hours of their time trying to figure the market out using media and newspaper articles. You need to know a few basic statistics to know whether you can negotiate deep discounts or whether you have to prepare for war!
This is a list of the statistics we will report on a monthly basis.
# of Single Family homes for sale end of each month
# of Condos/Townhomes for sale end of each month
# of Multi family properties for sale end of each month
# of High Rise Condos for sale end od each month
Now, we'll break down each category for you to report the following sub categories.
# of Bank Owned and Short Sales for each category
# of Contingent and Pending properties for each category