Here’s a brief snapshot of the Las Vegas market for April 2022.
One of the questions I’ve been hearing a lot is, “How’s the Las Vegas real estate market doing?” Today I have a quick snapshot of the latest information to share with you.
There was a slight decline in sales for single-family homes and townhomes over the past year. However, both property types saw rises in their median list and sale prices. Additionally, we saw a dramatic increase in new listings across all property types. You can see a full breakdown of the numbers at 0:25 in the video above.
When the supply of homes falls short of buyer demand, sellers have the upper hand. That’s exactly what’s happening in today’s market. Homeowners who price and prepare their homes the right way can expect to see multiple offers and a quick sale. That means you can truly maximize your home sale.
This is the current state of the market, but things are always changing. If you have any questions or want to know what the market is doing in your neighborhood today, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.