The Greater Las Vegas Association of Realtors (GLVAR) reported on Thursday that Southern Nevada home sales increased in August despite the local housing supply continued to remain tight, making for a strong "sellers market" with multiple offers on the same property, a common scenario frequently frustrating buyers who don't have an experienced agent representing them.
GLVAR also reported the median price of existing single-family homes sold during August was $235,000, higher by almost 7% percent from one year ago !
GLVAR said the median price of local condominiums and townhomes sold in August was higher by 4.5 percent from $110,000 last year at this time.
According to GLVAR, the total number of existing local homes, condominiums and townhomes sold in August was 3,789, up from 3,454 total sales in August of 2015. Compared to the same month one year ago, 8.7 percent more homes, and 14.7 percent more condos and townhomes sold in August.
So far in 2016, Vegas valley home sales are outpacing sales in 2015, when GLVAR reported 38,578 single-family home, condominium, townhome and high-rise condo sales.
The Tonnesen Team at Berkshire Hathaway Home Services is always ready, willing and able to assist you in buying or selling all types of real estate in Las Vegas, Henderson, Summerlin, and all areas of the Las Vegas valley....please email or call us anytime so our team of over 30 Realtors can help make sure your home-buying or home-selling experience is fast, painless, and successful !
Berkshire Hathaway Home Services Nevada Properties
3185 St. Rose Parkway
Henderson, NV. 89052
Team Leader, The Tonnesen Team
Berkshire Hathaway HomeServices, Nevada
3185 St Rose Pkwy #100 Henderson, NV 89052
With over 30 years of experience helping families call Las Vegas "home!"
Related Blog Posts
The Tonnesen Team is sponsoring a great upcoming charity event that will benefit children’s cancer. Kicking Cancer will be this Sunday, October 23rd beginning at 3pm. It will be a fun game of FootGolf, which is soccer on the golf course. There will be raffle prizes and food as well. ...
Debra Leatham, a premier agent on the #1 Tonnesen Team at Berkshire Hathaway HomeServices Nevada Properties would like to share her experience in assisting a family in the purchase of a brand new home here in Las Vegas. This beautiful new home is located in the Richmond American community of Centennial Valley, just...
by Lisa Albarian If you’re a Foodie or if you simply enjoy food, Las Vegas has a lot to offer! If you haven’t experienced the whole Food Truck thing, be sure to check this out: Coming up November 2 – 4 at The Silverton (just south of The Strip) is the Las Vegas Foodie Fest. If you watched the current season of...
Wei Chen-Goldman, one of the very experienced agents on the #1 Tonnesen Team at Berkshire Hathaway HomeServices Nevada Properties has just listed another beautiful home in the gated, age-restricted community of Sun City Anthem. This popular one story “Lincoln” home is 2,096 square foot and has a 2-car ga...