Trends at a Glance | Apr 2015 | Previous Month | Year-over Year | Median Home Price | +4.1% | $215,000 | $206,500 | +10.3% | $195,000 | Average Sales Price | +3.1% | $258,613 | $250,870 | +9.8% | $235,449 | No. of Homes Sold | +0.6% | 2584 | 2569 | +4.9% | 2463 | Pending Properties | +4.4% | 5878 | 5628 | +42.3% | 4132 | Foreclosures Sold | -8.7% | 209 | 229 | -22.9% | 271 | Short Sales Sold | -15.8% | 187 | 222 | -43.2% | 329 | Active Listings | -0.4% | 8081 | 8110 | +2.8% | 7858 | Active Foreclosures | -3.1% | 349 | 360 | -22.6% | 451 | Active Short Sales | -8.1% | 900 | 979 | -66.2% | 2659 | Sales Price vs. List Price | +0.1% | 98.4% | 98.2% | -0.8% | 99.1% | Average Days on Market | -10.5% | 65 | 72 | +6.2% | 61 |
Market MomentumEnlarge GraphMulti-series Area Chart with caption "Market momentum is intended to identify which way the market is trending. By using a 12-month moving average, seasonal variation is eliminated."AJAODFAJAODFAJAODFAJAODFAJAODFA-50.00-40.00-30.00-20.00-10.0010.0020.0030.0040.0050.000.00Closed SalesMedian PriceMarket momentum is intended to identify which way the market istrending. By using a 12-month moving average, seasonal variation iseliminated. Download as JPEG image
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Market Report Commentary
Re-finance. NOW!
If you have been on the fence about re-financing, it is time to step off. Mortgage rates are showing signs the recent increases are only the beginning. Of course, if you don’t want to save a few thousand...Read More
Mortgage Rate Outlook
Unsettled Credit Markets Create Higher Rates May 8, 2015 --The repositioning of bond investment strategies around the world continued this week, driving interest rates higher. Of course, U.S. Treasuries were in...Read More
Get Preapproved!
In a hot market, like the one we’re in, with lots of multiple offers, having a preapproval document from your mortgage lender is essential. Without it, your offer will probably be rejected. What is a...Read More
Clark County Stats At A Glance
Year-Over-Year Median home prices increased by 10.3% year-over-year to $215,000 from $195,000. The average home sales price rose by 9.8% year-over-year to $258,613 from $235,449. Home sales rose by 4.9%...Read More
Prices & SalesEnlarge GraphMulti-series Dual Y-Axis Combination Chart with caption "3 Month Moving Avg."DFAJAODFA$0$52K$104K$156K$208K$260KMed. $Avg. $Units3 Month Moving Avg. Download as JPEG image
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Sales BreakdownEnlarge GraphMulti-series Area ChartODFAJAODFA0%20%40%60%80%100%Bank OwnedShort SalesNormal Sales Download as JPEG image
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Days of InventoryEnlarge Graph3D Column Chart with caption "3 Month Moving Avg."DFAJAODFA03060901201503 Month Moving Avg. Download as JPEG image
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Sales To DateEnlarge Graph3D Column Chart2011201220132014201502.6K5.2K7.8K10.4K13K Download as JPEG image
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Sale Price RatioEnlarge GraphArea Chart with caption "3 Month Moving Avg."D14FMAMJJASOND15FMA97%98%99%100%101%102%3 Month Moving Avg. Download as JPEG image
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