Based on data obtained through the Greater Las Vegas Association of REALTORS Multiple Listing Service (MLS), there were a total of 35,567 unit closings in 2015 within the Las Vegas and Henderson areas. Average Sales Price for the year was $230,919 at $116.6 per square foot for 1,893sf, 3 bedroom space. Properties sold after an average of 63 Days on the Market.
Based on data obtained through the Greater Las Vegas Association of REALTORS Multiple Listing Service (MLS), there were a total of 3,123 unit closings in December 2015 within the Las Vegas and Henderson areas...that's down about 784 unit closings since November 2015. Please note that this data does not take in account, any closings outside of Las Vegas and Henderson areas such as Moapa, Pahrump, Boulder, etc.
The data reflects an Average Sales Price for December 2015 of $230,366 at $118.3 per square foot and 61 Days on the Market.
According to the data, of the 3,123 Total Closings in December 2015, 85.8% were Traditional Sales, 7% were REO and Foreclosure Sales and 7.1% were Short Sales.
34.4% of the units sold with Conventional Loans; FHA Buyers were a close second with 28.3% and CASH Buyers with 27.9% sales coming in third. And, VA financing buyers represented 7.7% of the closings:
Over 39.5% of sales for December 2015 were for homes within the $100,000 - $199,999 price range:
Current Listings available on the MLS as of 1/12/2016 at 7pm: 8,629 and 5,284 contingent and pending properties.
Comments