Appraisal Articles 2019 Free Appraisal Articles for Appraisers and the Public
Here is an update on what I have found in the Las Vegas real property market as we near the end of the third quarter of 2020 based on research. Residential Market: Here are a few statistical facts in September of 2020 on the Las Vegas market; the median sales price of single-family previously owned homes is up to $ 312,000 and it appears to be climbing higher. Fewer and fewer new listings are coming on to the market, we are at a 5-year low, and fewer homes of this type are for sale. The median days of market has fallen slightly to around 23. The median price per square foot is up to $ 170. So it appears that the market is doing well, but is it?