Navigating the Las Vegas Housing Market: While Drinking a Peppermint Latte!
*Brought to You by Rossum Realty Unlimited
Hey there, Las Vegas community! Happy Holidays from your very favorite Boutique real estate Brokerage Rossum Realty Unlimited. So, are you thinking about buying a new home, selling your current one, or just curious about what’s happening now in our dynamic real estate market? We at Rossum Realty Unlimited have this new article about some fresh real estate insights just for you.
A Snapshot of the Las Vegas Real Estate Scene
Las Vegas market data graph May- Nov 2023
Our city’s housing market has been as lively as our famous Strip! To give you a clearer picture, we’ve put together a graph showing the trends from May to November this year.
The Latest Market Pulse: November 2023
– Median Price of Units Sold: $450,000
– New Listings: 1,969
– Units Available: 4,353
– Homes Selling in First 30 Days: 65.5%
November’s data indicates a stable market with a slight tightening, evident from the continued decrease in new listings. And the decreased number of days on the market.
From May to October:
– Median Prices: Consistently hovering around the $440,000 – $450,000 mark.
– New Listings and Units Available: A subtle dance of increasing and decreasing, showing a market that’s both vibrant and varied.
– Quick Sales: Majority of homes are finding new owners within the first month, a sign of a healthy market.
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What’s Your Next Move? Let’s Talk!
– For Buyers: With the number of available units on the rise, there are plenty of opportunities to find your perfect home. But remember, you have to move quick good properties don’t linger for long in this city. Especially with the Fed announcing Interest rate decreases.
– For Sellers: Keeping an eye on the stable median prices? Now might be the perfect time to get the best value for your property.
– Curious Minds: Whether you’re just keeping tabs on the market or considering a future move, understanding these trends is invaluable to your own financial well being.
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We know that behind every statistic is a story, a dream, and a plan. That’s why we’d love to invite you to our office or one of our local coffee shops for a casual chat with some coffee and lots of knowledge. Let’s sit down, sift through these numbers, and tailor a strategy that suits your unique real estate goals.
🏠 Ready for a coffee/ Real Estate conversation?
– Contact Us: Monday – Friday 9am-5pm at 702-368-1850
– Visit Us: 3875 S. Jones #101 las Vegas, Nevada 89103
– Let’s Chat: Whether it’s buying, selling, or just exploring options, we’re here to guide you through the maze of the Las Vegas real estate market.
Rossum Realty Unlimited: Where Your Home Dreams Meet Our Expertise
Your go-to team for all things real estate in Las Vegas