cunningham group las vegas real estate update - september 2013
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Thank you for being a valued client. In order to keep you better informed about the always changing Las Vegas real estate market, you will receive our monthly "Real Estate Update". We will provide monthly statistics and perspective on the changes in our market.TRANSCRIPT
Cunningham Group Client Newsletter
Shawn Cunningham ABR, CRS, ePRO, CDPE REALTOR (702) 530-5002
Kyle Cunningham Property Manager REALTOR (702) 530-5002
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Jack Thompson Buyer Specialist REALTOR (702) 682-7527
VOL. 1, ISSUE 8 � SEPT. 2013
By Shawn Cunningham
Cunningham Group @ RE/MAX Advantage � 10075 South Eastern Ave. #103 � Henderson, NV 89052
Inside this issue:
Latest on the Las Vegas Market
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Cunningham Group @ RE/MAX Advantage � 10075 South Eastern Ave. #103 � Henderson, NV 89052
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Information is deemed to be accurate but not guaranteed. Report includes resale homes, condominiums & townhomes only. 3,321 SINGLE FAMILY, CONDOS, & TOWNHOMES CLOSED IN AUGUST 2013. OF THESE, 1,598 WERE CASH
TRANSACTIONS, 988 WERE CONVENTIONAL, 487 WERE FHA AND 162 VA FINANCING.
SINGLE FAMILY RESIDENCE– AUGUST 2013
AREA LISTED SH SALE LISTED CLOSED % SOLD
DAYS ON MARKET
MONTHS SUPPLY
LIST PRICE (MEDIAN)
CLOSE PRICE (MEDIAN)
REO LISTED
North (101-103) 1005 143 579 57.6% 14 0.6 $165,000 $166,100 65 East (201-204) 553 89 267 48.3% 25 0.5 $110,000 $111,825 47 South (301-303) 561 67 246 43.9% 16 0.4 $161,865 $163,950 40 NW (401-405) 1166 113 578 49.6% 15 0.5 $185,000 $187,458 63 SW (501-505) 1442 147 613 42.5% 17 0.4 $225,000 $224,000 62 Henderson (600’s) 945 88 454 48.0% 14 0.5 $239,000 $236,500 41 Boulder City (700’s) 52 4 10 19.2% 20 1.2 $249,750 $242,500 2 TOTAL 5,724 651 2,747 44.2% 17 0.4 $190,802 $190,333 320 YTD AVG. 31,280 3,709 22,061 74.3% 24 1.3 $173,910 $173,822 2,406
LAS VEGAS, NORTH LAS VEGAS, HENDERSON & BOULDER CITY
CONDOMINIUM & TOWNHOUSE– AUGUST 2013
AREA LISTED SH SALE LISTED CLOSED % SOLD
DAYS ON MARKET
MONTHS SUPPLY
LIST PRICE (MEDIAN)
CLOSE PRICE (MEDIAN)
REO LISTED
North (101-103) 75 12 37 49.3% 23 2.0 $84,900 $90,900 8 East (201-204) 183 19 66 36.1% 26 2.8 $59,500 $59,000 12
South (301-303) 302 46 90 29.8% 25 3.4 $88,500 $87,750 27
NW (401-405) 326 37 140 42.9% 21 2.3 $91,450 $95,000 26 SW (501-505) 261 39 136 52.1% 23 1.9 $94,250 $94,801 29 Henderson (600’s) 261 27 101 38.7% 15 2.6 $115,000 $118,000 21 Boulder City (700’s) 9 1 4 44.4% 8 2.3 $127,450 $127,450 0
TOTAL 1,417 181 574 41.9% 20 2.5 $94,436 $96,129 123 YTD AVG. 8,620 1,206 4,751 55.0% 29 2.0 $83,768 $85,246 925
Ticor Title of Nevada, Inc. ~ (702) 932-0777
CHARLESTON
RANCHO
NORTHWEST 401 - 405
SOUTHWEST 501-505
EAST 201-204
HENDERSON 601-606
SOUTH 301-303
INTER-
BOULDER
INTERSTATE 15
EASTERN
BOULDER CITY 701-702
NORTH 101-103
Short Sale 824
24.8%
REO 2447.3%
Resale 2,25367.8%
Closed Properties in August 2013
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Cunningham Group @ RE/MAX Advantage � 10075 South Eastern Ave. #103 � Henderson, NV 89052
RE/MAX Advantage 10075 S. Eastern Ave #103 Henderson, NV 89052
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OWNER TIPS By Kyle Cunningham
SHAWN: (702) 530-5002 Fax: (866) 220-3152 [email protected] KYLE: (702) 530-5008 Fax: (866) 220-9014 [email protected]
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Cunningham Group @ RE/MAX Advantage � 10075 South Eastern Ave. #103 � Henderson, NV 89052