Realty One Group - Shannon Smith Group


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March Update 2019

Hey my friends,
Your favorite Realtor in the news.

Mobster’s former Las Vegas home sells for $419,900

Boxing champion puts $4.75M home on the market; 8 News NOW gets special tour

Yesterday, March 6, 2019 is the first time I’ve ever watched an entire Hockey game and the first time I’ve been able to see the Las Vegas Golden Knights in person.  (Thanks Paul for the amazing tickets!!!)  It’s remarkable to see how sports is playing a role in bringing Las Vegas together and the social and cultural impact it has. Not only is sports a huge boost to the local economy and ultimately the housing market  it develops comradery and prevents anti-social behavior.

Last weekend we had what was dubbed the “Ultimate Sports Weekend.” There was the UFC, UNLV College basketball, Rugby Championships, Bull riding Championships, Nascar, and the Golden Knights played.

The emergence of sports alone is taking our city to another level.  Going under the radar is the WNBA Las Vegas Aces, and our professional soccer team the Las Vegas Lights.  The Las Vegas Aviators $150 million dollar Ball Park will be completed in April and Imagine this city when the Raiders $1.8 Billion dollar stadium is completed.

Let’s just say, real estate in Las Vegas is a wonderful asset!


As of today there are:

Single Family Homes 

7,173 Single family homes for sale

6,969 of those homes are “Regular Sellers”

72 are Short Sales,

106 are Bank Owned

3,328 Homes that have contingent or pending offers

7,885 Sold in the past 120 days.


The median home sale price for last month was $298,330 or $165 per square foot.


Condos & Townhomes

1,831 Condos & Town homes for sale

 1,782 of those properties are “Regular Sellers

 24 are Short Sales,

 are Bank Owned  

 815 Condos & Town homes have contingent or pending offers

2,076 Sold in the past 120 days.


 The median Condo and Town home sale price last month was $165,000 or $148.7 per square foot. 

If you’d like an update on how much your home is worth, I’d be happy to send you a list of comparables along with a complete market analysis.

Have a great month, and please continue to refer your family and friends to me!!