SFR Stats thru Mar 2024:
2,082 Single Family Residences, (SFRs) sold, 9.4% increase from Mar 2023.
The median sales price of previously owned (SFRs) increased to $465,000.
2,724 new listings came to market.
Apprx 1.6 months of housing supply.
62.5% of closings were on the market for 30 days or less.
(Past Stats)
The median price of previously owned homes:
Feb 2024 – $460,000.
Feb 2023 – $424,995.
Feb 2022 – $450,000.
Feb 2021 – $355,000.
May 2022 – $482k (All time high)
2012 – $118k (Doomers and gloomers said Vegas will never rebound from the 2008 market crash).
Investors own approximately 14% or 80,000 of the single family homes in Clark County, (563,000 homes).
Summerlin Stats:
Currently 123,000 residents – projected growth 200,000 by 2043.
Encompasses 22,500 acres / 35 sq miles.
Apprx 4,500 acres left to develop.
Median sales price for a home as of August 2023 – $580,000… (Henderson $485,000)
7M sq ft of office space.
10 golf courses, over 300 parks, more than 200 miles of trails.
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