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    Las Vegas Real Estate Market Update

    This is the latest Las Vegas Real Estate Market Report for the week, data is obtained from the Greater Las Vegas Association of Realtors MLS. Below you will find graphs with days of supply, supply vs demand, and median price. Please call Dave of The Radcliffe Group for more information about what this means for your and your next home purchase or home sale. Look for Dave’s monthly video updates on YouTube: Las Vegas, Summerlin, Centennial Hills.

    Days of Supply Median Price Supply and demand Supply By Price Range

    Single Family Residence (SFR)

    Available – 7,914 (+153, Last Week 7,761)

    Under Contract – 5,247 (+31, Last Week 5,216)

    Days of Supply – 46 (+1, Last Week 45)

    Short Sales – 2,549 (+11, Last Week 2,538)


    Condominiums and Town Homes (CONDO/TH)

    Available – 1,782 (+24, Last Week 1,758)

    Under Contract – 1,045 (+21, Last Week 1,024)

    Days of Supply – 52 (+0, Last Week 52)

    Short Sales – 517 (+0, Last Week 517)


    Combined SFR + CONDO/TH

    Available – 9,696 (+177, Last Week 9,519)

    Under Contract – 6,292 (+52, Last Week 6,240)

    Days of Supply – 47 (+1, Last Week 46)

    Short Sales – 3,066 (+11, Last Week 3,055)


    Looking to buy or sell a home in Las Vegas?

    Out of more than 10,000 real estate agents in the greater Las Vegas and Clark County area,  Dave Radcliffe ranks among the Top 1% of Realtors as number 101 during the second quarter of 2015. Dave Radcliffe ranked number 1 in 2014 as the top producing individual out of 172 Realtor-Agents in his office. Dave has a team of top producing agents and ranks consistently as one of the top real estate teams at Keller Williams Realty Southwest Las Vegas because he is all about customer service and utilizing the best resources in the real estate business. The Radcliffe Group is your Las Vegas, Summerlin, Centennial Hills, and North Las Vegas real estate connection.

    As a retired police officer, Dave is passionate about giving back to the service community and dedicates much of his time giving and supporting the Las Vegas Metro Police Department, Firefighters and Military at Nellis Air Force Base. Military, Fire and Law enforcement never pay a full commission when they work with the Radcliffe Group. The Radcliffe Group can assist you in your Las Vegas PCS or relocation, New Home Construction purchase, Condo and Luxury Home purchase. Specializing in helping Las Vegas and North Las Vegas homeowners sell their home for the highest market value, Dave and his team will help you yield your highest profit. Call 702-379-3401 when it is time to sell your Las Vegas, Summerlin, Centennial Hills or North Las Vegas Home.

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    Written by Nickel Lowman

    For Dave Radcliffe, The Radcliffe Group

    Keller Williams Realty Southwest


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