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