Las Vegas, Henderson and North Las Vegas Real Estate: North Las Vegas real estate - August, 2008 market statistics

North Las Vegas real estate - August, 2008 market statistics

Listed below are the current inventory and August, 2008 statistics for home sales in the North Las Vegas Nevada real estate market. If you have any questions or need more information about real estate in North Las Vegas call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!

Total Homes Available:

3,535  (as of September 5, 2008) 

  • Single-Family:  3,304  (5.4 month supply*)
  • Condo:  118  (9.1 month supply)
  • Townhouse:  113  (8.7 month supply)

Total Contingent and Pending Sales:

1,589  (as of September 5, 2008)

  • Single-Family:  1,529
  • Condo:  29
  • Townhouse:  31

August, 2008 Sales:

  • Single-Family:  615  (Price range: $34,900 - $700,000)
  • Condo:  13  (Price range: $33,500 - $128,000)
  • Townhouse:  13  (Price range: $89,250 - $175,000)
North Las Vegas Real Estate - 6 month Sales Trend
Sales per month
  Mar Apr May Jun Jul Aug
Single Family 326 400 465 521 656 615
Condominium 6 4 5 8 13 13
Townhouse 4 8 8 9 12 13

 

Median Selling Price:

  • Single-Family:  $195,000
  • Condo:  $95,000
  • Townhouse:  $116,000
North Las Vegas Real Estate - 6 month Price Trend
Median price by month
  Mar Apr May Jun Jul Aug
Single Family $216,500 $220,000 $215,000 $204,000 $200,000 $195,000
Condominium $121,250 $133,500 $125,000 $98,875 $105,000 $95,000
Townhouse $176,000 $157,000 $134,750 $150,000 $133,100 $116,000

 

 Average Days on Market:

  • Single-Family:  60
  • Condo:  101
  • Townhouse:  66

 
  Mar Apr May Jun Jul Aug
Single Family 90 75 75 69 62 60
Condominium 146 42 94 100 87 101
Townhouse 55 58 54 61 61 66

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 101-103.
* - Supply = Homes Available/August Sales

 See also:
     North Las Vegas real estate - July, 2008 market statistics
     North Las Vegas real estate - June, 2008 market statistics
     North Las Vegas real estate - May, 2008 market statistics
     North Las Vegas real estate - April, 2008 market statistics
     
     North Las Vegas real estate - March, 2008 market statistics
     North Las Vegas real estate - February, 2008 market statistic
     North Las Vegas real estate - January, 2008 market statistics

     North Las Vegas, Nevada - Demographics
     North Las Vegas, Nevada - Fast Facts

5 comments • John Novak - Las Vegas and Henderson NV Real Estate • September 06 2008 02:25AM

Comments

if I posted the numbers and statistics for our area down here in greater phoenix , it would look identical

Posted by James Wexler (wexzilla.com) over 3 years ago

Just hang on, the USG is pumping liquidity big time.   Look for home prices to start going up again to bail out the big boys!   Kai

Posted by RE/MAX Kai Lani over 3 years ago

John, great information for the consumer. I like watching what Vegas does 'cause it means that Phoenix is right next to or just behind. ;-)

Pepper

Posted by Teri Ellis at Homes Arizona Real Estate LLC over 3 years ago

Nice post. I am glad to see the market is improving in your arae.

Posted by GITA BANTWAL, REALTOR,ABR,CRS,SRES,GRI BUCKS County & Philadelphia, PA HOMES (RE/MAX Centre Realtors) over 3 years ago

Hi John, Good looking post. I gather the stats for my area too, Ann Arbor,MI. It's a great way to give yourself google juice as the local expert :~)

Posted by Marian Gregor ~ Ann Arbor area Real Estate ~ (Keller Williams) over 3 years ago

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