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Lake Las Vegas Market Update

A Deep Dive Into Understanding Home Values Presented By: Robin & Dave It’s been a while since our last Lake Las Vegas Market Report, but we’ve been busy upgrading our reporting system. Now, we can analyze the market in greater depth—spotting trends more easily and uncovering insights to help buyers and sellers make smarter decisions.Continue…
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Lake Las Vegas Market Update

May 2024 Report A New Report Format I am trying to make the information provided here a bit more relevant to Lake Las Vegas homeowners so if you like the new format, or have suggestions, please reach out. The new format is going to be more focused on core numbers and less on analysis sinceContinue…
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Lake Las Vegas Market Update

February 2024 Report A Good Start We had a nice price spike to start off 2024. Hopefully this slows the slight downward trend we’ve been seeing. The good sales price spike was offset with some inventory headwinds. In all, January was fairly balanced. Lake Las Vegas by the Numbers Not a bad way to startContinue…
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Lake Las Vegas Market Update

2023 in Review January 2024 Report 2023 Year in Review This past year has seen relative stability in the market. Although the 2022 interest rate hikes caused some turbulence, Lake Las Vegas weathered the storm. We’ll take a look at 2023 to see just how we weathered that storm. Lake Las Vegas by the NumbersContinue…
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Lake Las Vegas Market Update

December 2023 Report Balanced Activity There was a slight decline in prices. We’ll analyze prices from the perspective of price bands to hopefully gain some insight into the underlying market dynamics in play. There was a bit of an inventory improvement but also a decline in sales. I think the sales decline and the listingContinue…
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Lake Las Vegas Market Update
November 2023 Report Inching Lower Prices are still continuing to decline though the decline is not universal nor is it extreme. Inventory spiked a bit in October, but this too was not universal. Lake Las Vegas by the Numbers Not much change here. It does seem like there is a bit of a plateau formingContinue…
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Lake Las Vegas Market Update
October 2023 Report Holding Stable Not much has changed since last month. The slight decline in sales price has become more or less stabilized. Some inventory improvements have also helped keep things stable. Lake Las Vegas by the Numbers As you can see the short term trend is still slightly negative, but September had aContinue…
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Lake Las Vegas Market Update
September 2023 Report Cooling Off Inventory keeps growing even as pending sales cool off. Is it a trend or an anomaly? I don’t know yet, but we’ll be keeping our eyes on it. Cooling off is to be expected in the fall and winter months and not because of the Earth’s axial tilt. Lake LasContinue…
