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  • Las Vegas Real Estate & Community Market Update

    702-379-3401

    Monthly Market Report 

    There were a total of 2,253 Single Family, Condo’s and Townhouses closed in the month. (As of March 4, 2016)

    The breakdown:

    Re-sale:1,912, which is 85% of the market,

    Short Sales: 162, which is only 7% of the market,

    REO: 179, which is 8% of the market, significantly lower than in years past.

    Financing Breakdown:

    685 Cash Purchases,

    747 Conventional Financing,

    612 FHA Financing,

    180 VA Financing Purchases.

    Current Statistics:

    8,692 Active homes for sale in Las Vegas,

    6,346 Contingent /Pending (This is a hugs number!- It’s a strong seller’s market!)

    4,513 Traditional Equity Sales (not Short Sales)

    2,545 Homes sold last month (February 2016) in Las Vegas. The market is heating up! 

    Appreciation Map- Year End 2015 

    Below is an appreciation map for the year ending in 2015. Curious what you appreciation looks like on your home? Give us a call, we can help.

    Search ALL Las Vegas Homes for Sale Here!

    The Radcliffe Group

    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 2015. Dave has a team of top producing agents, and providers 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. Dave Radcliffe ranked number 1 in 2014 as the top producing individual out of 172 Realtor-Agents in his office. And as a Top #4 Team/Group in 2015 over 200 agents.  David is part of the Agent Leadership Council for Keller Williams and was awarded in 2015 with the ALC Owners Award as the person making the biggest difference in the Market Center. Dave and The Radcliffe Group received The HSA Award and Top Leverage Award from Transaction Coordination. 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.

    Check out and subscribe to our YouTube Channel and follow our Las Vegas Real Estate Blog at: www.DaveRadcliffeVegas.com

     

    Written by Nickel Lowman

    For Dave Radcliffe, The Radcliffe Group

    Keller Williams Realty Southwest

    702-379-3401

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