Las Vegas Real Estate Market Report

89135 is a zip code in Las Vegas primarily inside the master-planned community known as Summerlin. Here’s what’s happening in regards to 89135 home values and real estate.

In April 2019, the average price per square foot of a home listed in the MLS in Mountains Edge was $129. For a quick “do it yourself” market value, take your square footage and multiply it by $129. The rest of the Las Vegas real estate market had an average of $133 per square foot for April.

Below, you’ll find average home prices for Veer towers along with other market data.

Let’s take a look at the Las Vegas Real Estate Market for December 2018. Data shown here is gathered from the Greater Las Vegas Association of Realtors (GLVAR). There is a 3.1 month’s supply of single family homes up 111.3% from the last 12 months. There is a 3.0 month’s supply of condominiums and townhouses which is up 164.1% from the last 12 months. A plethora of new inventory has hit the Las Vegas Real Estate market. With these numbers rising what does that mean for homebuyers and sellers?

Here’s a look at the Las Vegas Real Estate Market for November 2018. According to statistics released by the Greater Las Vegas Association of REALTORS® (GLVAR), there is a 2.7 months supply of real estate inventory for single-family homes. This number is up 12.5 percent from last year at this time. Let’s take a closer look at the Las … Continued

Here’s a look at the Las Vegas Real Estate Market for October 2018. According to a report released by the Greater Las Vegas Association of REALTORS® (GLVAR), the percentage of homes sold in 30 days or less increased to 70.1 percent this month when compared to this same time last year. Let’s take a closer look at the Las … Continued

Here’s a look at the Las Vegas Real Estate Market for September 2018. According to a report released on September 7th by the Greater Las Vegas Association of REALTORS® (GLVAR), the current low inventory numbers should improve as we move into the end of the year and beginning of next year. Let’s take a closer look at the Las … Continued

Enjoy this quick market snapshot of the 89138 Zip Code. View average home prices for current listings, pending contracts, and recently sold houses. While this is only a quick view, you can request a regularly updated report using the form below.

Here’s a look at the Las Vegas Real Estate Market for August 2018. According to a report released on August 7th by the Greater Las Vegas Association of REALTORS® (GLVAR), the housing inventory for this area is looking better than it has in recent months. There’s also a pause in rising house prices. Let’s take a closer look at … Continued

Here’s a list of recently sold homes by Lori Ballen Team at Keller Williams Realty Las Vegas. Call 702-604-7739 to buy or sell real estate in Las Vegas, Henderson, or North Las Vegas

Here’s a look at the Las Vegas Real Estate Market for July 2018. According to a report released on July 6th by the Greater Las Vegas Association of REALTORS® (GLVAR), the real estate market continues to struggle with low inventory in Las Vegas. However, housing prices are showing an increase of 12.7 percent from this time last year. Let’s … Continued

Whether you are a first-time home buyer, a homeowner thinking about selling, or a would-be investor, the health of the real estate market matters. Here are 6 Key Real Estate Market Numbers to Watch For.

Here’s a look at the Las Vegas Real Estate Market for June 2018. According to a report released on June 7th by the Greater Las Vegas Association of REALTORS® (GLVAR), we may see a peak in the rising prices within the next couple of months. Inventory is still low with a 1.5 month supply of homes available. Let’s take a … Continued

Here’s a look at the Las Vegas Real Estate Market for May 2018. According to a report released on May 8th by the Greater Las Vegas Association of REALTORS® (GLVAR), home sellers are slow to place homes on the market. This delay is causing a shrinking inventory, an increase in prices, and a strong competition among home buyers. Let’s … Continued

Here’s a look at the Las Vegas Real Estate Market for April 2018. According to a report released on April 6th by the Greater Las Vegas Association of REALTORS® (GLVAR), homes prices continue to rise while inventory numbers shrink as we head into spring. This Month in Real Estate A Look at Housing Stats March ended with a total … Continued

Here’s a look at the Las Vegas Real Estate Market for March 2018. According to a report released on March 9th by the Greater Las Vegas Association of REALTORS® (GLVAR), the area is still experiencing a shortage of housing inventory. Still, home prices are on the rise, and home sales have slowed down. This Month in Real Estate A … Continued

Here’s a look at the Las Vegas Real Estate Market for February 2018. According to a report released on February 13th by the Greater Las Vegas Association of REALTORS® (GLVAR), prices for homes are still up by greater than 11 percent from this time last year. This Month in Real Estate A Look at Housing Stats January ended with … Continued

Here’s a look at the Las Vegas Real Estate Market for January 2018. According to a report released on January 6th by the Greater Las Vegas Association of REALTORS® (GLVAR), 2017 ended on a strong note for the Las Vegas real estate market and home sales. A Look at the Housing Stats December saw a total of 3,204 condominiums, townhomes, … Continued

Here’s a look at the Las Vegas Real Estate Market for December 2017. According to a report released on December 6th by the Greater Las Vegas Association of REALTORS® (GLVAR), the approaching season impacts housing prices in November. A Look at the Housing Stats November saw a total of 3,202 condominiums, townhomes, and single family homes sell. The median price range … Continued

Here’s a look at the Las Vegas Real Estate Market for November, 2017. According to a report released on November 8th by the Greater Las Vegas Association of REALTORS® (GLVAR), rising house prices stalled a bit in October. A Look at the Housing Stats October saw a total of 3,633 condominiums, townhomes, and single family homes sell. The median price range … Continued

Here’s a look at the Las Vegas Real Estate Market for August, 2017. According to a report released on August 7th by the Greater Las Vegas Association of REALTORS® (GLVAR), property prices are still on the rise as home sales remain high. A Look at the Housing Stats July saw a total of 3,798 condominiums, townhomes, and single family homes sell. … Continued

Nevada has progressively recovered from the housing market crash and continues to do so. Today, the Nevada real estate market is strong. Confidence in Today’s Housing Prices Recently The Nevada association of Realtors® (NVAR) held an online survey through the state . It consisted of about 600 Realtors® who were asked  how they feel about today’s housing … Continued

Here’s a look at the Las Vegas Real Estate Market for March, 2017. According to a report released on March 7th by the Greater Las Vegas Association of REALTORS® (GLVAR), property prices are still on the rise in Las Vegas even though property inventory isn’t showing signs of increase. A Look at the Housing Stats February saw a total … Continued

Here’s a look at the Las Vegas Real Estate Market for February, 2017. According to a report released on February 7th by the Greater Las Vegas Association of REALTORS® (GLVAR), property prices greeted the new year with a rise. This increase is not typical for the beginning of the year. In fact, January is normally one of the slowest … Continued

Here’s a look at the Las Vegas Real Estate Market for January, 2017. According to a report released on January 6th by the Greater Las Vegas Association of REALTORS® (GLVAR), the year ended on a high note, with more properties being sold in 2016 than in the previous year. What’s surprising is that the market remained strong in spite … Continued

The Las Vegas housing market has battled low inventory and rising prices. Still, the market had a surprise waiting for experts as November progressed. The end of year holiday season usually signals a slow down in the real estate market. This year, the holiday season is showing an increase in home sales. Property prices are … Continued

The Las Vegas housing market has battled a low inventory this year, but those watching the real estate market can breathe a sigh of relief. The lack of an aggressive rise in house prices over the last several months has created stability within the housing market. According to a report released on November 8th by … Continued

The Las Vegas real estate market has battled a low inventory this year. The trend continues this month as the housing inventory remains low. However, there is good news for sellers. Las Vegas home sales have increased over the last few months even with the slim inventory. According to a report released early in October … Continued

The Las Vegas real estate market is still bringing home buyers to the table even with the continued low inventory. In fact, if this trend continues, we could see more homes sold this year than in the previous two years. According to a report released September 9th by the Greater Las Vegas Association of REALTORS® (GLVAR), the median price of … Continued

The Las Vegas real estate market is still seeing house prices on the rise. Add in that the housing inventory isn’t growing in Las Vegas Valley and surrounding areas. What you get is a market that is slowing down the pursuit of a home owning dream for many people. According to a report released August 9th by … Continued

The Las Vegas real estate market is showing up strong this summer when compared to this time last year. Prices are competitive on houses in the Las Vegas Valley and surrounding areas. That doesn’t stop things from moving in a positive direction, with home buyers coming to the table ready to deal. According to a … Continued

The Las Vegas real estate market is feeling the pressure of a continued supply problem. Prices continue to increase for homes in the Las Vegas Valley and surrounding areas. Still, buyers are showing up to grab what does come on the market. According to a report released June 7th by the Greater Las Vegas Association of REALTORS® (GLVAR), … Continued

The Las Vegas real estate market remains stable even with the inventory of houses for sale remaining low. Prices continue to increase for homes in the Las Vegas Valley and surrounding areas, including those homes sold through short sales. According to a report released May 5th by the Greater Las Vegas Association of REALTORS® (GLVAR), median price of … Continued