Are you sitting on the fence when it comes to selling your property here in Las Vegas? Do you want to get top dollar for your home when you do sell?
Hello I'm Makea Turner with the Turner Mac group. I'm here to tell you that right now is a great time to sell your property. With the Holidays around the corner some buyers tend to put their home search on hold until after the holidays however there are many serious buyers who understand that sales tend to slow down during this time of the year and want to take advantage of the decrease in competition when purchasing. The goal of today's video is to help you make an informed decision about selling your property before or after the holiday season.
Let me take a moment to share with you exactly what we are seeing in the Las Vegas real estate market. In September there were 3,888 homes sold. This is down from 6 months ago where we were seeing over 4,400 homes sold per month. 70 % of properties sold in September were traditional sales. This number has increased 10% from 6 months ago when traditional sales represented 60% of homes sold.
The number of total short sale properties sold is down to only 15%. Just 6 months ago short sales represented 25% of all closings. Recently there have been huge increase in Notice of defaults filed here In Las Vegas and we expect to see more short sale inventory coming onto the market soon because of these filings.
Bank owned inventory is down to only 7.5% of the available inventory, 6 months ago bank owned inventory represented 9% of the resale market. This is great considering just a few years ago bank owned inventory flooded the Las Vegas real estate market and represented about 60% of the available inventory.
The median sales price for a home in the Las Vegas is currently $154,995. This is up from 6 months ago when the median sales price was $143,500. In September 47% of all closings were cash. This number is down from 6 months ago when cash purchases represented 60% of closings. 1,827 properties closed in September with financing. This means that banks are now once again financing deals that are priced right in our current market.
With available inventory increasing each month and the looming threat of a wave of short sales hitting the market which will depress pricing now is the right time to sell you Las Vegas Home to get top dollar in this market.
Contact me Makea Turner with the TurnerMac Group today to get your home sold fast for top dollar before you miss out on this great opportunity. Call me on my direct line 702-542-1883 or send me an email to Makea@turnermacgroup.com to learn more about how I will get your home sold fast for top dollar in today's market before it's too late. Thanks for watching today's video and I look forward to hearing from you soon.
Hello I'm Makea Turner with the Turner Mac group. I'm here to tell you that right now is a great time to sell your property. With the Holidays around the corner some buyers tend to put their home search on hold until after the holidays however there are many serious buyers who understand that sales tend to slow down during this time of the year and want to take advantage of the decrease in competition when purchasing. The goal of today's video is to help you make an informed decision about selling your property before or after the holiday season.
Let me take a moment to share with you exactly what we are seeing in the Las Vegas real estate market. In September there were 3,888 homes sold. This is down from 6 months ago where we were seeing over 4,400 homes sold per month. 70 % of properties sold in September were traditional sales. This number has increased 10% from 6 months ago when traditional sales represented 60% of homes sold.
The number of total short sale properties sold is down to only 15%. Just 6 months ago short sales represented 25% of all closings. Recently there have been huge increase in Notice of defaults filed here In Las Vegas and we expect to see more short sale inventory coming onto the market soon because of these filings.
Bank owned inventory is down to only 7.5% of the available inventory, 6 months ago bank owned inventory represented 9% of the resale market. This is great considering just a few years ago bank owned inventory flooded the Las Vegas real estate market and represented about 60% of the available inventory.
The median sales price for a home in the Las Vegas is currently $154,995. This is up from 6 months ago when the median sales price was $143,500. In September 47% of all closings were cash. This number is down from 6 months ago when cash purchases represented 60% of closings. 1,827 properties closed in September with financing. This means that banks are now once again financing deals that are priced right in our current market.
With available inventory increasing each month and the looming threat of a wave of short sales hitting the market which will depress pricing now is the right time to sell you Las Vegas Home to get top dollar in this market.
Contact me Makea Turner with the TurnerMac Group today to get your home sold fast for top dollar before you miss out on this great opportunity. Call me on my direct line 702-542-1883 or send me an email to Makea@turnermacgroup.com to learn more about how I will get your home sold fast for top dollar in today's market before it's too late. Thanks for watching today's video and I look forward to hearing from you soon.
Contact The TurnerMac Group Today
Makea Turner-702-542-1883
Paul Macaluso-702-542-1993
