Coldwell Banker Premier Realty

Our Las Vegas Market - March 2015

A Look into Las Vegas' Real Estate Market
Posted: April 14, 2015 by Jesse Olive

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We are beginning to witness favorable seasonal trends including a 12.4% increase in open escrows compared to January. Despite not having traditional “seasons” in Las Vegas, evident by the severe winter the Northeast experienced while we enjoy the sunshine, there is seasonality in residential sales. The spring season tends to be very favorable for sellers who desire to list their home and in the recent month, more escrows were opened compared to new listings. If you are contemplating listing your home this year, consider that inventory levels tend to be lowest in the late spring and early summer months while sales activity tends to peak during the same time period. Furthermore, listing your home now typically gives sellers pricing power in the market.

Going to the Dogs!

Be sure to check out the "Homes' Best Friend Commercial" featuring our favorite four-legged children!

Here is the heart string pulling ad we are airing across the country!

Source: Mlxchange, Coldwell Banker Premier Realty. *Bank owned listings not under contract. Note: Averages tend to be greatly influenced by outliers. Condominiums/townhomes exclude high-rises.

The information and opinions in this report are believed to be reliable and has been obtained from sources believed to be reliable. Coldwell Banker Premier Realty makes no representation as to the accuracy or completeness of such information. The opinions expressed in the report constitute the judgment of the authors only and may not reflect the opinion of Coldwell Banker Premier Realty. This report is provided for informational purposes only and does not constitute investment advice. This report may not be circulated or copied without our prior written consent.

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