September 2018 Housing Market Update

Units Sold for the Month of September For SFR is 2,436 which is 20.7% Below from august and 16.5% below from last year.

 

We took 3,728 New Listings increasing our supply of inventory to 2.5 months.

 

The median Single Family Residential sales price increased by 13.2% at $300,000

 

 

 

 

 

 

 

 

 

 

For quite some time, we were seeing spikes in prices and shortage of inventory.  As of September 2018, we are experiencing the shift of a real estate market.  

For more information of your the market or your homes value, please contact us at 702-235-7413 or Quiazonteam@gmail.com

 

Chris Quiazon

Realty Executives of Southern Nevada

#realtor #realestate #realtyexecutives