Cunningham Group Las Vegas Real Estate Update - May 2013

Page 1

Cunningham Group Client Newsletter

VOL. 1, ISSUE 4  MAY 2013

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Housing Statistics (Jan. 2005 – May 2013)

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By Shawn Cunningham Shawn Cunningham ABR, CRS, ePRO, CDPE REALTOR (702) 530-5002

shawn@cgroupvegas.com

Kyle Cunningham Property Manager REALTOR (702) 530-5002

kyle@cgroupvegas.com

Jack Thompson Buyer Specialist REALTOR (702) 682-7527

jthompson@remax.net

Inside this issue:

SOURCE: Greater Las Vegas Association of REALTORSⓇ

Cunningham Group @ RE/MAX Advantage  10075 South Eastern Ave. #103  Henderson, NV 89052


2 LAS VEGAS, NORTH LAS VEGAS, HENDERSON & BOULDER CITY SINGLE FAMILY RESIDENCE– APRIL 2013 AREA

LISTED

SH SALE REO LISTED LISTED CLOSED

% SOLD

DAYS ON MARKET

MONTHS SUPPLY

LIST PRICE (MEDIAN)

CLOSE PRICE (MEDIAN)

North

(101-103)

550

91

62

586

106.5%

16

0.9

$149,789

$149,550

East

(201-204)

378

57

45

286

75.7%

25

1.3

$99,645

$98,750

South

(301-303)

321

34

37

293

91.3%

13

1.1

$149,900

$150,000

NW

(401-405)

718

68

59

586

81.6%

14

1.2

$169,300

$170,000

SW

(501-505)

821

80

54

730

88.9%

15

1.1

$199,000

$200,000

Henderson (600’s)

542

43

38

482

88.9%

16

1.1

$206,950

$212,250

Boulder City (700’s)

41

2

1

23

56.1%

48

1.8

$218,750

$215,000

TOTAL

3,371

375

296

2,986

88.6%

21

1.1

$170,476

$170,793

YTD AVG.

13,053

1,810

1,287 10,552

85.6%

28

1.3

$161,862

$160,860

Closed Properties in April 2013 Short Sale 1202 33.1%

Resale 2039 56.2%

NORTHWEST 401 - 405

RA NC H

NORTH 101-103

O

-

R TE IN

EAST 201-204

CHARLESTON DE

SOUTH 301-303

SOUTHWEST 501-505

R

EASTERN

INTERSTATE 15

REO 388 10.7%

BO UL

HENDERSON 601-606 BOULDER CITY 701-702

Ticor Title of Nevada, Inc. ~ (702) 932-0777 CONDOMINIUM & TOWNHOUSE– APRIL 2013 AREA

LISTED

SH SALE REO LISTED LISTED CLOSED % SOLD

DAYS ON MARKET

MONTHS SUPPLY

LIST PRICE (MEDIAN)

CLOSE PRICE (MEDIAN)

North

(101-103)

49

5

8

40

81.6%

14

1.2

$83,250

$87,750

East

(201-204)

144

18

12

75

52.1%

28

1.9

$49,900

$50,000

South

(301-303)

216

22

19

109

50.5%

17

2.0

$72,000

$69,000

NW

(401-405)

229

33

34

178

77.7%

16

1.3

$79,250

$79,050

SW

(501-505)

187

31

35

137

73.3%

20

1.4

$85,000

$87,000

Henderson (600’s)

131

17

9

101

77.7%

21

1.3

$99,900

$102,000

Boulder City (700’s)

14

2

2

3

21.4%

32

4.7

$73,100

$73,900

970

128

119

643

66.3%

21

1.5

$77,486

$78,386

3,818

602

498

2,239

57.6%

32.25

1.9

$79,846

$80,404

TOTAL YTD AVG.

Information is deemed to be accurate but not guaranteed. Report includes resale homes, condominiums & townhomes only.

3,629 SINGLE FAMILY, CONDOS, & TOWNHOMES CLOSED IN APRIL 2013. OF THESE, 2,142 WERE CASH TRANSACTIONS, 875 WERE CONVENTIONAL, 440 WERE FHA AND 120 VA FINANCING.

Cunningham Group @ RE/MAX Advantage  10075 South Eastern Ave. #103  Henderson, NV 89052


3

Cunningham Group @ RE/MAX Advantage  10075 South Eastern Ave. #103  Henderson, NV 89052


2 3 1

RE/MAX Advantage 10075 S. Eastern Ave #103 Henderson, NV 89052

OWNER TIPS

à

SHAWN: (702) 530-5002 Fax: (866) 220-3152 shawn@cgroupvegas.com

à

KYLE: (702) 530-5008 Fax: (866) 220-9014 kyle@cgroupvegas.com

By Kyle Cunningham

Cunningham Group @ RE/MAX Advantage  10075 South Eastern Ave. #103  Henderson, NV 89052


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