After a hot, quiet summer, September and October real estate sales in Las Vegas are through the roof! A continuing trend of low housing inventory levels means it’s a great time to sell your Las Vegas home.
According to the Greater Las Vegas Association of Realtors (GLVAR) monthly report for September, there are only 1.8 months’ worth of inventory on single-family homes. Real estate agents accept that a six-month supply is deemed a normal volume for a balanced real estate market, so this is a seller’s market right now.
For this past September, there were 45% fewer homes on the Vegas market than at the same time last year.
Fewer homes on the market means Las Vegas home sellers can usually get a better return on their house…