Realty One Group - Shannon Smith Group

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March Newsletter

Hi,

Fun Fact:
Housing inventory has decreased 12.5% compared to last month while the amount of homes sold increased by 23.8%

Inventory beginning of February: 5,012
Homes sold in January: 1,263




Las Vegas Market Snap Shot
TOTAL PROPERTIES AVAILABLE
Single family:  4,376
Condo/ Town homes: 1,118
High Rise Units: 340
Multi-Family, 2-4 Units: 46
Manufactured Homes: 46
TOTAL PROPERTIES IN ESCROW
Single family:  2,634
Condo/ Town homes: 642
High Rise Units: 72
Multi-Family: 2-4 Units: 30

Manufactured Homes: 41
PROPERTIES SOLD IN DECEMBER
Single family: 1,659
Condo/ Town homes: 432
High Rise Units: 59
Multi-Family, 2-4 Units: 14
Manufactured Homes: 25
MEDIAN SALES PRICE FOR FEBRUARY
Single family: $425,000
Condo/ Town homes: $256,000
High Rise Units: $365,000
Multi-Family, 2-4 Units: $539,950

Manufactured Homes: $234,900
MEDIAN SOLD DOLLAR PER SQFT FOR FEBRUARY
Single family: $232 per sqft
Condo/  Town homes: $222 per sqft
High Rise Units:  $394 per sqft
Multi-Family, 2-4 
$167 per sqft
Manufactured Homes: $166 per sqft
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