Let's Talk About....The 2017 Las Vegas Housing Market & What's Expected for 2018

Let’s Talk About….The 2017 Las Vegas Housing Market & What’s Expected for 2018

Blog Las Vegas Housing Market Update 1

A 2017 WRAP-UP:

How did Las Vegas do with housing in 2017?  

According to all the reports, the Las Vegas housing market had a ‘solid year’. The Greater Las Vegas Association of REALTORS® reported that home prices for single family homes in 2017 were up 14% compared to 2016.  For condos and townhouses, prices were up over 26%.     ‘One of the best years on record’

Inventories do remain low, < 2months supply. The market remains a Seller’s Market


Some exciting news to report regarding the expectations for 2018 in the housing market.

Realtor.com predicts Las Vegas to be the hottest (#1) housing market in 2018.  Click here to read the entire article:  https://www.realtor.com/news/trends/top-housing-markets-of-2018/

Bloomberg reports: ‘Las Vegas’s Economy is on the Brink of a Boom’. Click here to see what they say:  https://www.bloomberg.com/view/articles/2018-01-03/las-vegas-s-economy-is-on-the-brink-of-a-boom

We also hear that California residents are flocking to Las Vegas for affordable homes and an affordable lifestyle.  Read about it in the Los Angeles Times:  http://www.latimes.com/local/california/la-me-lopez-vegas-transplants-20171203-story.html

What’s the Right Time to Sell Your Home in 2018?

We hear from many folks who want to sell their home that they are waiting for the prime selling months, the spring, to sell their home.     Is this a good time to sell in 2018?   It may not be!     Waiting could flood the market with inventory and possibly lower selling prices. 

NOW is the BEST Time to SELL YOUR Home!!   Stay ahead of the spring madness and get top dollar.

Give us a call at 702.331.3948 to discuss the optimum timing to sell your home.    To find out how much your home is worth, go to https://trishnash.com/our-listings/


Let the Trish Nash Team help you take advantage of Las Vegas real estate opportunities.   We’re here to help you every step of the way.   Contact us at 702.331.3948 or visit us at https://trishnash.com

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