Las Vegas Property Trends at a Glance for April 2015

王晓芸LindaWang

Trends at a Glance

	Apr 2015		Previous Month	Year-over Year
Median Home Price	+4.1%	$215,000	$206,500	+10.3%	$195,000
Average Sales Price	+3.1%	$258,613	$250,870	+9.8%	$235,449
No. of Homes Sold	+0.6%	2584	2569	+4.9%	2463
Pending Properties	+4.4%	5878	5628	+42.3%	4132
Foreclosures Sold	-8.7%	209	229	-22.9%	271
Short Sales Sold	-15.8%	187	222	-43.2%	329
Active Listings	-0.4%	8081	8110	+2.8%	7858
Active Foreclosures	-3.1%	349	360	-22.6%	451
Active Short Sales	-8.1%	900	979	-66.2%	2659
Sales Price vs. List Price	+0.1%	98.4%	98.2%	-0.8%	99.1%
Average Days on Market	-10.5%	65	72	+6.2%	61

Market MomentumEnlarge Graph

Multi-series Area Chart with caption "Market momentum is intended to identify which way the market is trending. By using a 12-month moving average, seasonal variation is eliminated."AJAODFAJAODFAJAODFAJAODFAJAODFA-50.00-40.00-30.00-20.00-10.0010.0020.0030.0040.0050.000.00Closed SalesMedian PriceMarket momentum is intended to identify which way the market istrending. By using a 12-month moving average, seasonal variation iseliminated.

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Market Report Commentary
Re-finance. NOW!

If you have been on the fence about re-financing, it is time to step off. Mortgage rates are showing signs the recent increases are only the beginning. Of course, if you don’t want to save a few thousand...Read More

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Mortgage Rate Outlook

Unsettled Credit Markets Create Higher Rates May 8, 2015 --The repositioning of bond investment strategies around the world continued this week, driving interest rates higher. Of course, U.S. Treasuries were in...Read More

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Get Preapproved!

In a hot market, like the one we’re in, with lots of multiple offers, having a preapproval document from your mortgage lender is essential. Without it, your offer will probably be rejected. What is a...Read More

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Clark County Stats At A Glance


Year-Over-Year Median home prices increased by 10.3% year-over-year to $215,000 from $195,000. The average home sales price rose by 9.8% year-over-year to $258,613 from $235,449. Home sales rose by 4.9%...Read More



Prices & SalesEnlarge Graph

Multi-series Dual Y-Axis Combination Chart with caption "3 Month Moving Avg."DFAJAODFA$0$52K$104K$156K$208K$260KMed. $Avg. $Units3 Month Moving Avg.

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Sales BreakdownEnlarge Graph

Multi-series Area ChartODFAJAODFA0%20%40%60%80%100%Bank OwnedShort SalesNormal Sales

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Days of InventoryEnlarge Graph

3D Column Chart with caption "3 Month Moving Avg."DFAJAODFA03060901201503 Month Moving Avg.

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Sales To DateEnlarge Graph

3D Column Chart2011201220132014201502.6K5.2K7.8K10.4K13K

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Sale Price RatioEnlarge Graph

Area Chart with caption "3 Month Moving Avg."D14FMAMJJASOND15FMA97%98%99%100%101%102%3 Month Moving Avg.

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