Appraisal Articles 2019 Free Appraisal Articles for Appraisers and the Public

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Articles by November, 2020

Clark County Land Market 2020

by Administrator on Nov 14, 2020 Market Conditions Articles 1176 Views

As a real property appraiser I have tracked over the past several years Clark County (and Nye County) Nevada vacant land sales. The following graphic displays my best available historical and current data on the Southwest Las Vegas vacant land market. I have displayed sales in 4 zoning categories, but I also keep the data on other zoning categories when there are sales available. It is obvious from the sales data that vacant land sales prices in the Southwest continued to move up in each zoning category as displayed in the following graph:

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SFR Residential Market Las Vegas / Clark County, NV, November 2020

by Administrator on Nov 20, 2020 General Appraisal 1136 Views

As I have mentioned in many articles, appraisers generally keep close tabs on the markets and the movement of the single-family residential market is important. This review looks at properties located in Clark County Nevada. The following aggregate market statistics are provided via the GLVAR database and appear to be consistent with other data sources. New listings of previously owned single-family residential (SFR) homes are reported in November 2020 to be down and now near a 10-year low point, and the number of home sales is also heading for an all-time low.

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