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Coldwell Banker Premier Realty

Las Vegas Monthly Market Update - October 2015


A Look into Las Vegas' Real Estate Market
Posted: October 31, 2015 by Coldwell Banker Premier Realty

October 2015

Following a significant increase in single family home prices over the summer, recent price growth is more tempered and flattening.  In our opinion, this pause in price growth is welcome since we do not want to see prices exceed the basic fundamental measures that drive the market long-term.  We typically see closings subside this time of year and 2015 continues this pattern, however, both escrows opened and the number of closed homes remains higher than the same period last year.  For many, 2015 has been a pleasant surprise with solid increases in closings and values
SINGLE FAMILY
CONDOMINIUM/TOWNHOME
LAS VEGAS IS S-M-A-R-T

In Bob's video above he references this TEDTalk at UNLV with Bo Bernhard PhD, a professor in the Wiliam F. Harrah College of Hotel Administration at UNLV and Executive Director of the International Gaming Institute.   Watch the entire video here and learn exactly why Las Vegas is S-M-A-R-T.  He will tell you exactly how Las Vegas is  leading the world in greatness!  We think you will just LOVE this video and will want to share it with all of your favorite Las Vegans!

SINGLE FAMILY
DAYS ON MARKET
AVERAGE & MEDIAN (3 MONTH MOVING AVERAGE)
CONDO | TOWNHOME
DAYS ON MARKET
AVERAGE & MEDIAN (3 MONTH MOVING AVERAGE)
SINGLE FAMILY
SALE PRICE
AVERAGE & MEDIAN
CONDO | TOWNHOME
SALE PRICE
AVERAGE & MEDIAN
SINGE FAMILY
AVAILABLE & CLOSED 
INVENTORY
CONDO | TOWNHOME
AVAILABLE & CLOSED 
INVENTORY

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