Las Vegas Real Estate Blog

I was watching the news recently and couldn't help but wonder why this time of year seems to bring more bad news than usual? Sometimes you have to dig a little, but the good news is out there. In amongst all the holiday craziness, we can all use a bit of happy news this Christmas season. 

Here are a few articles that may not have made the front page, but might help to remind you that there is plenty of goodness out there. And... most of these are from the Las Vegas area.

Foster a Las Vegas Shelter Dog - Home for the Holidays

This is a wonderful program that allows approved applicants to take a dog home between Dec. 20-23 so it doesn't have to spend Christmas alone at the shelter. This same program was offered over Thanksgiving when 41 dogs

This Home Owner Can Be Moved in Before the Holidays

Congratulations to the new owner of this gorgeous home in Shiloh Heights in Mountain's Edge, Las Vegas. Sold after only 4 days on the market, this buyer will be moved in before Christmas!

View other homes for sale in Mountain's Edge

Now that the summer heat has calmed down and the temperatures are more conducive to shopping for that new home, we're starting to see Las Vegas real estate sales on the rise. 

On hand property inventory is hovering just under 3 months, which may indicate some apprehension about listing. This shouldn't be a concern, the market is full of serious buyers just waiting for that perfect home. Interest rates are very favorable, but slightly on the rise, which means if you're considering a new purchase, the timing is now.

We're also seeing more first-time buyers this Fall. Entry level homes or condos in good condition are selling quickly.

Las Vegas Real Estate Stats

Here are the latest stats for Las Vegas real estate in October 2019:

Las Vegas

REDUCED! $310,000 - MLS #2144035
3124 CLAMDIGGER Lane, Las Vegas, Nevada 89117

This 3-bedroom home in the waterfront community of The Lakes is perfect in every way. The layout is extremely functional with a separate living room for private seating, but a nice open kitchen and family room area. New tile flooring is found throughout the home. Both bathrooms have been completely upgraded and feature extensive tile work. View complete listing here

Quick Facts

• Single Story, 1,450 sq. ft.
• 3 Bedrooms, 2 Full Baths
• Stainless Steel Appliances and interior blines included
• 2-Car Garage

 Family Room & Kitchen

The open kitchen, dining area and family room feature a "wall of glass" overlooking the covered patio and back yard. 

In spite of the doom and gloom we hear on the news every day, this could not be a better time to purchase a home or condo in Las Vegas. If you're an existing home owner, maybe uncertain about selling, you'll find the current market is extremely active with serious buyers.

If you're looking to buy a home, there is about 3 months supply of new listings, a stable price market and better interest rates than we've seen in some time. 

If you're currently renting and haven't yet ventured into Las Vegas home ownership, we've provided suggestions below that could help with your decision.

Las Vegas Real Estate Stats

We know this is a great time to purchase real estate in Las Vegas, but don't take our word for it, here are the current stats for

$420,000 - MLS #2142782
1909 Crown Lodge Lane, North Las Vegas, NV 89084

There are so many reasons to love this home in Aliante in North Las Vegas. Inside and out you'll find custom upgrades at every turn. The huge chef's kitchen with upscale appliances and a huge marble island will surely capture the heart of the family cook. Plus, there is enough space for a huge family to spread out and enjoy their private space. 

This North Las Vegas home has a rare asset, something that doesn't come along often. The house borders a protected area that will not be developed; you'll never have another house behind you. That means no obstructions to get in the way of the incredible mountain views you'll enjoy from many rooms in the house. View complete listing

$399,000 - MLS #2161762
2940 McCoig Avenue, Las Vegas, NV 89120

It's not often that you see a home on a lot this big in an urban neighborhood in Las Vegas. Situated on a lot almost half an acre in size, this Las Vegas home features a basketball court, fire pit, RV parking and fruit trees. The area is also zoned for agricultural and livestock, which means you could keep a horse on your property. All this, just minutes to the Strip!  View complete listing here   |  View Virtual  Video Tour

Quick Facts

• 3 Bedrooms, 3 baths
• Living Area: 2,320 sq.ft. Lot Size: 21,344 sq.ft. (.49 of an acre)
• 1-Story, ranch-style home
• Corner Lot
• 2-Car Garage
• RV Parking
• Zoned for agricultural & livestock

Kitchen

You'll love the huge

Where to Retire in Las Vegas & Henderson, Nevada

Retirement or 55+ communities in Las Vegas and Henderson, NV are among the hottest sellers right now. In the past 6 months there were 756 homes in age restricted communities sold in Las Vegas and Henderson alone. Prices range from $120,000 to $905,000, so basically retirement properties to fit every budget.

Here are the median and average sale prices for Las Vegas and Henderson home sales in age restricted communities for the past 6 months:

Top Selling 55+ Communities

These are some of the best places to retire in Las Vegas and Henderson. Not only are they top selling 55+ communities, but they are convenient, bursting with amenities and offer lifestyle choices for several income

5584 ORCHARD Lane, Unit #153, Las Vegas, Nevada 89110

MLS# 2128354 - $119,500 SOLD!

You could own this great little loft-style condo in Las Vegas for less than the cost of renting. This one-bedroom condo in Arbors is ideal for a first-time buyer, or empty nester.

View complete listing here

Directions: East on Charleston from the 95 freeway, left on Portico (just past Christy), left on Orchard

Interior

Inside, this super clean, move-in-ready condo features a spacious and bright living room and dining room. The rooms are freshly painted with new carpet and new electric A/C.

Kitchen

The kitchen features a breakfast bar, new appliances and a dishwasher that has never been used. 

Upstairs

A single staircase

The chart below indicates the 111 tax districts in Clark County and the individual tax rates since 2017. You can see the rates vary only slightly from year to year. The taxes are used to subsidize services such as schools, police, fire, parks, libraries, and capital projects, such as flood control and transportation.

View Clark County tax rates as a PDF

This chart was obtained from the Clark County, Nevada  website

Get More Las Vegas Real Estate Info

Las Vegas 2019 Market Trends - A Year in Review

Las Vegas Top Selling Master-Planned Communities in 2018

Top 55+ Retirement Communities in Las Vegas

New Growth on the Horizon for Las Vegas in 2020