The 2018 Las Vegas Spring Market

Posted by Las Vegas Homes By Leslie on Thursday, April 19th, 2018 at 12:22pm.

Las Vegas Market Stats from January to March 2018

Las Vegas 2018 real estate stats

The spring home sellers market has taken off with a vengeance in Las Vegas. The average price for single-family homes has increased by 18% in the first quarter. Townhomes and condos have increased an average of 27.4%! In both cases listings are selling for an average 98.9% of the asking price.

The only downside to these encouraging stats is the supply. At the end of March there was just over 1 months of inventory on hand. This is great for sellers who are getting a quick turnaround for their properties. But there are a lot of buyers out there who would appreciate a bit more selection when they're shopping for a home.

Las Vegas ytd real estate stats

Top Selling Las Vegas Neighborhoods

Here are some of the top selling neighborhoods in Las Vegas, for single-family home sales.

Neighborhood # of 1st Quarter Sales Average Selling Price
Summerlin 346 $570,398
Mountains Edge 188 $319,047
Southern Highlands 114 $596,065
Sun City Summerlin 113 $333,061
Providence 110 $309,072
Silverado Ranch 81 $306,260
Centennial Hills 78 $333,062
Spring Valley  57 $273,584
Rhodes Ranch 56 $398,935
Siena 45 $490,034
The Lakes 43 $385,096
Desert Shores 42 $393,597
Peccole Ranch 36 $333,069
Iron Mountain Ranch 29 $300,400

If you've considered selling your home, the current SELLER's market could not be better. Don't hesitate to contact Leslie for more information, or call (702) 321-1763.

Get a Free Home Evaluation

Fill out the form below for your free Las Vegas home evaluation. We will respond within 24 hours. For immediate assistance call Leslie Hoke direct at (702) 321-1763

Your Contact Information

Please provide a valid email address.

Property Information

Additional Information

Please list the additional amenities of your house.

By Leslie Hoke

Las Vegas Homes By Leslie
8010 W Sahara Ave #150, Las Vegas, NV 89117
Direct: (702) 321-1763 Fax: (702) 224-2146
Premier Realty Group

License #S.0062628

Get Las Vegas real estate tips & the latest news delivered right to your email

Leave a Comment