February Market Conditions

Las Vegas Home Appraisals, Las Vegas Home Sales, Las Vegas Short Sales.

FEBRUARY MARKET CONDITIONS

Available inventory remains stable in the market. Prices remain stable for listings under $200,000. Listings above that are still experiencing some small drops. Short sales dominate our market but traditional sellers are making up a bigger portion of our current inventory than we’ve seen in recent years. We’ve seen some small improvement in appraisals where the appraisers seem to be giving value to the condition of the property.