Real Estate Market Update October 2014

Last Quarter 2014 Las Vegas Market Update

Brought to you by Tatiana Moody of Realty Executives of Nevada || 702.460.4702 || tatianarealty1@gmail.com ||www. tatianarealty.com

Bellagio Fountains

AUGUST DATA ON CLOSINGS OF SINGLE FAMILY, CONDOS, & TOWNHOMES:

• 2,998 Total Closings

• 943 Were Purchased Cash

• 1,025 Were Conventional Financing

• 717 Were FHA Financing

• 254 Were VA Financing

• 79.2% (2,377) Were Resale Homes

• 11.6% (347) Were Short Sales

• 9.1% (274) Were REO’s

• Average Days on Market 42 (Single Family)

• Closed Median Price of Single Family Homes $208,207

• Average days on Market 83 (Condos & Townhomes)

• Closed Median Price of Condos and Townhomes $105,429

JULY MARKET STATISTICS:

Prices for single-family, re-sale homes went higher again last month.

Pending sales and active listings were up sharply again last month, year-over-year.

Pending sales rose 16.3%, while active listings jumped 17.3%.

Year-Over-Year:

* Median home prices increased by 12% year-over-year to $202,578 from $180,000

* The Average home sales price rose by 9.3% year-over-year to $243,465 from $222,672

* Sales prices vs. list price ratio fell by 3% year-over-year to 98% from 101.9%

Call today to learn more about how you can benefit in today’s market whether you own, are looking to buy or are currently renting. Remember to ask for a no obligation market analysis on your home. You may be surprised at what it’s worth. And… I can show you how to make it worth MORE!!! We can work together to get your house ready for successful sale. Email, Call, or text me with any questions.

Tatiana MoodyTatiana Moody, REALTOR, GREEN

Las Vegas & Henderson Dream Homes Finder

Listing Agent, Buyers Agent, Short Sale Specialist

Luxury Property Marketing

Green Homes Certified

Realty Executives Excellence 100% Club 2011, 2012, 2013, 2014

www.TatianaRealty.com

tatianarealty1@gmail.com

702.460.4702 – cell

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