Today I’m bringing you the latest numbers in the Las Vegas and Henderson area market and wishing all the mothers out there a very Happy Mother’s Day.
Before I get started with your newest market update, I want to take a moment to wish all the mothers out there a Happy Mother’s Day! Make it a great weekend and enjoy your time with your families. You deserve it!
Currently, we have a little more than 5,000 single family homes, approximately 400 condos, and around 300 townhomes for sale. Last month in April, there were 2,800 homes sold. Based on those numbers, we have a very low inventory. In fact, if no new houses came on the market, it would only take 45 days to sell everything currently for sale.
Those numbers put us in a very strong seller’s market. There are more buyers than there are homes for sale, so prices are going to continue to rise. If you are thinking about selling, make sure you contact the right agent to help you strategize. Even though it’s a seller’s market, there are certain things you can do to maximize your profit.
If you have any questions about the market conditions or are looking to buy or sell a home, feel free to give me a call or send me an email. I’m more than happy to help.