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Las Vegas Housing Market Statistics April 2018

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Stay up-to-date on the Las Vegas real estate market with Luxury Home Source's Market Statistics.

Las Vegas Luxury Home Source outlines residential sales between April 2018, March 2018, and the year over year growth.

Are you considering buying or selling a Luxury home in Las Vegas or Henderson? We are here to help. Our team specializes in luxury communities across the Las Vegas Valley.

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Las Vegas Housing Market Statistics April 2018

  1. 1. GREATER LAS VEGAS ASSOCIATION OF REALTORS� April 2018 STATISTICS
  2. 2. AVAILABILITY AT END OF PERIOD Single Family Residential Units APR 18 Condo/Townhouse Units APR 18 $479,450 Average list price of available units +0.6% +14.1% Change from MAR 18 Change from APR 17 $325,000 Median list price of available units +1.6% +12.1% Change from MAR 18 Change from APR 17 8,588 # of available units listed +0.6% -21.9% Change from MAR 18 Change from APR 17 188,752 159,900 1,878 Average list price of available units Median list price of available units # of available units listed +1.5% +20.1% +3.2% +18.4% +4.6% +1.3% Change from MAR 18 Change from APR 17 Change from MAR 18 Change from APR 17 Change from MAR 18 Change from APR 17
  3. 3. $643,543 $389,954 3,816 Average list price of available units w/o offers Median list price of available units w/o offers # of available units listed w/o offers +0.5% +15.5% +2.6% +11.4% -0.5% -24.9% Change from MAR 18 Change from APR 17 Change from MAR 18 Change from APR 17 Change from MAR 18 Change from APR 17 +0.9% +9.4% +0.1% +7.4% +3.8% +23.6% Change from APR 17Change from MAR 18 Change from APR 17Change from MAR 18 Change from APR 17Change from MAR 18 $203,454 $160,000 790 Average list price of available units w/o offers Median list price of available units w/o offers # of available units listed w/o offers Single Family Residential Units Condo/Townhouse Units APR 18APR 18 *AVAILABILITY AT END OF PERIOD
  4. 4. Single Family Residential Units Condo/Townhouse Units APR 18APR 18 $390,155 $309,900 3,754 Average price of new listings Median price of new listings # of new listings $182,293 $164,999 927 Average price of new listings Median price of new listings # of new listings -0.2% +14.4% +3.3% +14.8% +0.8% +2.3% Change from MAR 18 Change from APR 17 Change from MAR 18 Change from APR 17 Change from MAR 18 Change from APR 17 +6.5% +21.1% +6.5% +22.3% +1.4% +16.3% Change from MAR 18 Change from APR 17 Change from MAR 18 Change from APR 17 Change from MAR 18 Change from APR 17 NEW LISTINGS THIS PERIOD
  5. 5. $332,602 $289,000 2,878 Average price of new listings Median price of units sold # of units sold +0.9% +16.5% +3.2% +16.1% -8.7% +0.4% $168,630 $155,000 693 Average price of new listings Median price of units sold # of units sold Single Family Residential Units Condo/Townhouse Units APR 18APR 18 +20.0%-1.8% -3.1% +19.2% -5.6% +4.5% Change from MAR 18 Change from APR 17 Change from MAR 18 Change from APR 17 Change from MAR 18 Change from APR 17 Change from MAR 18 Change from APR 17 Change from MAR 18 Change from APR 17 Change from MAR 18 Change from APR 17 UNITS SOLD THIS PERIOD
  6. 6. Single Family Residential Units Condo/Townhouse Units APR 18APR 18 0-30 DAYS 31-60 DAYS 61-90 DAYS 91-120 DAYS 121+ DAYS 72.9% 13.6% 4.9% 3.1% 5.5% 69.4% 12.6% 6.3% 4.9% 6.8% 62.6% 16.4% 7.1% 4.7% 9.2% 0-30 DAYS 31-60 DAYS 61-90 DAYS 91-120 DAYS 121+ DAYS 76.8% 14.7% 4.0% 1.6% 2.9% 78.9% 10.1% 5.2% 2.9% 3.0% 75.4% 11.0% 5.7% 2.3% 5.6% APR 18 MAR 18 APR 17 APR 18 MAR 18 APR 17 TIME ON MARKET FOR UNITS SOLD THIS PERIOD
  7. 7. TOTAL HOME SALES DOLLAR VALUE FOR UNITS SOLD THIS PERIOD Single Family Residential Units Condo/Townhouse Units $960,106,986 Change from MAR 18 Change from APR 17 APR 18 $116,860,675APR 18 -7.9% +17.0% -7.3% +25.4% Change from MAR 18 Change from APR 17 *This category reflects the existing market availability of listings without pending or contingent offers. Warren Buffett, Chairman and CEO, Berkshire Hathaway Inc. I would want to be associated with somebody where the financial strength was unquestioned and where the name stood for integrity. What other quality would you want that Berkshire Hathaway HomeServices does not have; and I don't think you could find one. Greater Las Vegas Association of REALTORS� October 2017 Statistics For media inquiries, please call George McCabe, with B&P Public Relations, at (702) 325-7358.
  8. 8. Looking to Buy or Sell a Las Vegas Home in 2018? Call 702-720-5850 Now! https://luxuryhomesource.com
  9. 9. DISCLAIMER: This data is based on information from the Greater Las Vegas Association of REALTORS� (GLVAR) Multiple Listing Service (MLS). This information is deemed reliable but is not guaranteed. MLS collects, compiles and distributes information about homes listed for sale by its subscribers who are real estate agents. MLS subscription is available to all real estate agents licensed in Nevada, but is not available to the general public. The territorial jurisdiction of the GLVAR as a member of the National Association of REALTORS� includes Clark, Nye, Lincoln and White Pine Counties, Nevada, and such other areas as from time to time may be allocated to the GLVAR by the Board of Directors of the National Association of REALTORS�. 3185 St. Rose Parkway, Suite 100, Henderson, NV 89052 - 702-720-5850 luxuryhomesource.com Sponsored By:

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