My Las Vegas Area Market reports are designed for the savvy consumer.Â I create general market reports to detailed community reports each month.Â They are for informational purposes only.
What Areas Do You Cover?
General Las Vegas Area Market Reports are for MLS Areas 101-605 (the average consumer probably asks, what’s that?)Â ItÂ means that IÂ cover theÂ cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor &Â Spring Valley.Â They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.
My specialized community reports cover the Master Planned Communities of Summerlin, Rhodes Ranch, Nevada Trails and Mountain’s Edge (even those areas are still covered in the “general Las Vegas Area” Market Reports.)
Where Do You Get Your Information From For Your Market Reports and is it Reliable??
I use the GLVAR MLS and have the searches “set up” so the same fields are used month after month.Â GLVAR Information is deemed “Relaible but Not Guaranteed”
What is Absorption Rate and Why is this Included in Your Market Reports?
Absorption rate is basically a report of inventory amounts & trends.Â It is important for placing offers, pricing new listings and in general understanding where the market is heading.Â It shows trends in a “monthly format” which gauges how many months it will take for the market to currently “absorb” all of the inventory.Â Here is an in depth look about the Absorption Rate theory and how it applies to both buyers and sellers.
Do I Have to Register to Receive Your FREE Market Reports?
Nope.Â I give away the goodies.Â I will not ask you to register and I will not spam your email.Â If you want to see my market reports on a monthly basis, all you simply need to do is come back here to LasVegasDreamLife.comÂ monthly or follow me on twitterÂ where my “other” blog that contains my monthly reports are fed and syndicated.
Am I Allowed to Use Your Market Reports?
Nope, not without written permission from me!Â I am pretty liberal so if you let me know what you are using them for and you are not my competition, I will more than likely grant you permission to use them.Â Please email me if ESPECIALLY if you are finding other agents using my market reports!
Can I ask Questions About the Market Reports?
Yes you may but each market report has it’s own page so the page will be changed monthly.
Can You do a Market Report for My Subdivision?
ABSOLUTELY!Â If your subdivision is not one of my regular subdivision market reports I will be happy to post about it once!Â Just leave a request in the comment section.Â I also put together comprehensive market reports when I have a listing presentation on standard listings.Â If you are thinking about selling, simply contact me and I will send you the information with my “CMA” aka “Comparative Market Analysis”.Â Again, it is FREE and NO OBLIGATION!
When Do You Pull Data For Your Market Reports?
I pull Data for my Market Reports on the 15th of EVERY month.Â To me, this is the best time to pull monthly statistics because the active and contracted listings have had time to “rebound” from traditional end of the month closes.Â You can expect it to arrive on this site one to two days after the data is pulled, parsed, graphed and charted 🙂
Here are My Monthly Market Reports:
Communities:Â Nevada Trails, Coronado Ranch, Southern Highlands, Charleston Heights, Arlington Ranch, The Lakes, Mountain’s Edge, Summerlin, Desert Shores, Silveardo Ranch.
Rhodes Ranch Area – this community is special and my favorite so it gets it’s “OWN” Market Report.
Las Vegas Area Market Activity – shows general Las Vegas Market Activity, Trends & Absorption
Las Vegas Area Sales by Type – Four Graphs to Show Las Vegas Area Sales Trends.Â See what percentage of Las Vegas Area Sales are Short Sales, REO (bank owned) & Standard Sales!
Las Vegas Area Sold Terms – Various Graphs and Charts that show what percentage of homes were Cash only or Financed.Â Financed homes divided by Cash, Conventional, FHA or VA.
Las Vegas Area Concession Stand – Shows what percentage of concessions (or closing costs) sellers are giving buyers.
Las Vegas Area REO or Bank Owned Homes – Comprehensive Reports on Las Vegas Area REO including financing profiles by price pointÂ and absorption rate.
Las Vegas Area Short Sale Homes – Comprehensive Reports Detailing Short Sale Listing, Contract & Sold Stats.Â Includes Absorption Rate.
Enjoy and feel free to ask questions about these reports or trends right here!
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