Monday, September 14, 2009

Real Estate Statistics Coming Into the Fall

For those who are paying attention to our Real Estate Market you are aware that our Market showed some strong activity this summer. I am use to seeing, over my twenty years as a Realtor, the Market slow down as Fall approaches. It seems this year may not be different.

In June we had 3,784 single family home sales, In July we had 3,783 sales and in August it went down to 3,123 sales. The majority of sales were of homes under $200,000.

Last year in August we had 2,550 single family home sales and the number went up in September to 2,787. Lets hope the same thing happens this September.

So far this year it doesn't seem prices have really increased. I will try to keep you all posted. My information is taken from the Greater Las Vegas Association of Realtors and is deemed to be correct but not guaranteed.

If you would like to know the value of your home please let me know. I will be happy to send you some information.

I have worked very hard this summer, mostly on short sales. This may be the wave of our future. I don't think we Realtors know everything that is going to happen. Sometimes we are as surprised as you are.

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