july 2021 production snapshot - fbarbee.files.wordpress.com
TRANSCRIPT
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Listings
Taken
Available
Units
Pending
Units
Closed
Units
Median List
Price
Average List
Price
Median Sold
Price
Average Sold
Price
Months
of
Inventory
30 Day
Absorption
Rate
Average
DOM
SFR 4,341 3,312 4,072 3,367 488,000 846,388 405,000 502,855 1.0 101.7% 16
CON/TWH 1,077 749 1,095 880 224,900 282,669 225,000 246,890 0.9 117.5% 20
Total Residential 5,418 4,061 5,167 4,247 435,000 733,054 375,000 449,859 1.0 104.6% 29
Hi-Rise 138 351 173 129 452,000 902,452 410,000 547,437 4.7 36.8% 86
Multiple Dwelling 52 60 71 38 432,500 440,360 423,450 410,287 1.6 63.3% 27
Vacant Land 330 2,230 288 175 74,950 361,648 57,500 287,502 12.7 7.8% 155
Listings
Taken
Available
Units
Pending
Units
YTD Sold
Units
Median List
Price
Average List
Price
Median Sold
Price
Average Sold
Price
Months
of
Inventory
Absorption
Rate
Average
DOM
Luxury Sales
(RES & VER) $1M+283 588 183 1,023 1,892,500 2,856,642 1,450,000 1,954,963 4 24.9% 58
July 2021 Production Snapshot
This data includes all LVR listings and sales within the Greater Las Vegas market area.
Las Vegas Market Update - August 2021
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Listings
Taken
Available
Units
Pending
Units
Closed
Units
Median List
Price
Average List
Price
Median Sold
Price
Average Sold
Price
Months
of
Inventory
30 Day
Absorption
Rate
Average
DOM
SFR 4,103 3,000 4,143 3,551 490,000 870,123 395,000 495,672 0.8 118.4% 17
CON/TWH 1,013 694 1,108 949 225,000 273,674 216,000 237,553 0.7 136.7% 21
Total Residential 5,116 3,694 5,251 4,500 399,900 759,597 340,000 417,745 0.8 121.8% 29
Hi-Rise 131 390 168 128 429,444 805,600 366,200 579,759 5.0 32.8% 87
Multiple Dwelling 51 60 70 48 439,950 460,321 411,000 394,663 1.3 80.0% 51
Vacant Land 417 2,180 288 220 74,950 364,772 54,500 223,481 9.9 10.1% 249
Listings
Taken
Available
Units
Pending
Units
YTD Sold
Units
Median List
Price
Average List
Price
Median Sold
Price
Average Sold
Price
Months
of
Inventory
Absorption
Rate
Average
DOM
Luxury Sales
(RES & VER) $1M+228 518 210 856 1,950,000 3,023,029 1,492,000 1,962,589 4 55.1% 58
June 2021 Production Snapshot
This data includes all LVR listings and sales within the Greater Las Vegas market area.
Las Vegas Market Update - August 2021
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
Single Family Residence
3,312 77.9%
CON/TWH749
17.6%
Hi-Rise138
3.2%
Multiple Dwelling, 52 , 1.2%
Las Vegas REALTORS Available Units
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
Single Family Residence
3,367 75.0%
CON/TWH880
19.6%
Hi-Rise173
3.9%
Multiple Dwelling. 71 . 1.6%
Las Vegas REALTORS Units Sold * Last Month
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
185,042
261,350
446,734
145,301
393,219
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
Jan-
12
Apr
-12
Jul-1
2
Oct
-12
Jan-
13
Apr
-13
Jul-1
3
Oct
-13
Jan-
14
Apr
-14
Jul-1
4
Oct
-14
Jan-
15
Apr
-15
Jul-1
5
Oct
-15
Jan-
16
Apr
-16
Jul-1
6
Oct
-16
Jan-
17
Apr
-17
Jul-1
7
Oct
-17
Jan-
18
Apr
-18
Jul-1
8
Oct
-18
Jan-
19
Apr
-19
Jul-1
9
Oct
-19
Jan-
20
Apr
-20
Jul-2
0
Oct
-20
Jan-
21
Apr
-21
Jul-2
1
Greater Las VegasSFR Average List vs Closed Sale Prices
R12 Ave Listed
R12 Ave Sold
"R12 Ave" is a Rolling 12 Month Average of the Prices
This chart is based on SFR listings with a
List Under $1,000,000
The Index is based on the Percentage of SFR listings
that have been on the market for more than 45 days
Average Over Pricing is $53,515
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
0 - 45 DOM71%
46 - 60 DOM11%
61 - 90 DOM7%
91 - 120 DOM 3%
> 120 DOM8%
Available SFR InventoryDays on Market With No Current Offer
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
2021
FebMar Apr May Jun Jul Sparklines
Months of
Inventory
Ave SP
Last 6
Months
Ave
Days to
Sell
Aliante 19 23 28 34 43 30 1 434,218 8
Anthem 6 14 15 12 8 18 1 582,752 10
Cadence 15 16 17 21 19 11 2 465,830 28
Centennial Hills 34 45 38 32 30 50 1 454,618 9
Desert/South Shores 15 22 28 30 22 29 1 494,060 11
Green Valley 34 65 46 52 57 58 1 497,280 24
Green Valley Ranch 15 22 13 19 28 16 1 540,337 15
Inspirada 43 27 29 32 30 25 1 524,087 9
Iron Mountain Ranch 8 12 15 14 11 17 1 457,250 8
Lake Las Vegas 14 20 17 13 14 15 3 1,122,509 39
Lone Mountain 4 7 13 11 5 19 1 501,962 11
MacDonald Highlands 5 12 10 2 8 6 4 3,352,269 65
Mountains Edge 61 84 81 70 84 81 1 423,636 13
Peccole Ranch 9 14 19 13 17 17 1 455,188 9
Providence 40 50 50 56 42 37 1 417,933 9
Red Rock Cntry Club 12 19 12 12 13 10 1 1,469,000 15
Rhodes Ranch 21 31 32 26 31 33 1 491,841 19
Seven Hills 20 20 18 22 22 23 2 1,008,794 19
Siena (SFR & TWH) 14 17 15 12 17 23 1 568,653 15
Silverado Ranch 46 58 47 41 58 44 1 421,640 11
Silverstone Ranch 7 4 12 5 11 6 2 481,272 13
Skye Canyon 15 17 14 18 14 15 1 516,501 11
Southern Highlands 43 59 61 56 68 64 2 752,201 20
Spring Valley 21 24 29 32 33 30 1 389,582 12
Summerlin 73 83 101 66 82 60 2 746,699 19
Sun City Anthem 32 52 33 35 38 38 2 566,677 29
Sun City Summerlin 36 51 51 38 41 28 1 469,516 9
The Lakes 23 19 25 15 21 26 2 505,335 30
The Ridges 10 8 9 8 6 10 3 3,233,726 36
Tuscany 12 18 16 11 17 20 2 536,687 16
Other Groups
MLS Areas 101 - 606 2,670 3,616 3,402 3,069 3,420 3,246 1 481,852 16
Boulder City 24 23 23 19 25 20 3 516,492 27
Pahrump/Nye 50 61 77 80 83 61 2 331,140 18
High Rise Sales 90 110 130 102 129 129 3 564,664 86
Luxury Sales ($1M+) 108 170 166 154 170 166 4 1,961,315 55
SFR Closed Sales in Selected Communities - Last Six Months
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
2021
FebruaryMarch April May June July
Price
Movement
Aliante 398,474 443,691 391,711 427,276 456,047 465,848
Anthem 564,070 507,242 765,687 505,292 494,800 585,994
Cadence 387,612 472,802 477,768 472,505 484,315 499,226
Centennial Hills 424,829 457,386 478,084 451,833 477,867 442,381
Desert/South Shores 472,133 415,089 501,429 476,792 520,546 555,964
Green Valley 474,228 480,715 496,924 504,745 508,205 512,212
Green Valley Ranch 493,433 521,248 565,827 505,216 550,346 614,036
Inspirada 459,794 504,181 576,067 530,251 551,551 555,027
Iron Mountain Ranch 403,925 487,166 438,240 467,814 431,082 486,235
Lake Las Vegas 1,047,007 949,058 1,410,051 977,448 1,213,286 1,139,357
Lone Mountain 391,375 509,224 563,531 519,091 401,255 497,026
MacDonald Highlands 2,878,980 2,583,021 3,163,587 2,250,000 5,687,941 2,852,834
Mountains Edge 398,602 386,065 435,537 424,018 437,528 454,815
Peccole Ranch 467,711 403,853 496,063 431,223 428,253 490,412
Providence 369,020 407,466 414,520 433,229 430,233 452,459
Red Rock Country Club 1,118,463 1,595,235 1,357,996 1,724,583 1,466,154 1,480,000
Rhodes Ranch 437,890 456,255 469,790 483,627 503,323 576,669
Seven Hills 667,175 1,060,275 1,097,611 1,335,477 1,194,727 701,253
Siena (SFR & TWH) 514,529 616,200 534,733 573,075 581,994 576,409
Silverado Ranch 402,224 389,653 407,210 476,256 433,648 432,795
Silverstone Ranch 422,929 482,000 437,233 526,460 523,955 521,020
Skye Canyon 468,081 474,204 505,841 506,313 558,759 595,590
Southern Highlands 589,122 798,125 646,215 1,004,933 784,270 665,239
Spring Valley 347,728 378,224 420,217 389,408 382,261 406,593
Summerlin 824,126 628,207 807,787 754,354 675,706 802,184
Sun City Anthem 493,688 526,932 528,960 603,677 636,961 610,921
Sun City Summerlin 435,689 432,025 471,029 480,758 515,334 496,193
The Lakes 361,252 623,084 541,856 440,093 459,905 585,963
The Ridges 2,351,300 3,208,125 4,287,111 3,631,875 2,513,167 3,302,400
Tuscany 459,033 537,161 525,719 491,145 582,529 577,710
Other Groups
MLS Areas 101 - 606 447,772 460,169 480,858 490,828 500,310 507,147
Boulder City 466,149 526,421 500,039 458,442 565,939 577,748
Pahrump/Nye 317,104 305,843 326,074 327,973 355,318 345,591
High Rise Sales 568,382 493,526 644,185 542,633 577,242 547,437
Luxury Sales ($1M+) 1,997,335 1,823,872 2,059,323 1,957,693 2,039,643 1,903,773
SFR Closed Average Sales Prices in Selected Communities - Last Six Months
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1
3316 3270 3669 2880 2647 2313 2429 2830 2982 2436 3039 3424
3123 3428 3854
3297 2588 2532 2779
2994 2874 2646
3260 3699
4051 4401 4484
3726 3180 3443 3578
4135 4117 3439
3618
5004
3802 3992
4024
3882
3289 3467 3678
3709 3759
3821 2522
4873
3711 4052
4225
3982
3538 3477 3899
4503 4112
4266 2180
4396 4335
4627 4057
3744
3358 3780
4178
4687 4295
3773
3058
4829 3806
4136 3659
3720
3389 3924
3608
4000 4152
4072
4186
4539 3709
4798 2829
3691
3197 3556
3973
4226 4120
4120
3745
3665
4176
3350
3332
3079
3381
3716
3726 3146
3590
4179
3449
3953
3772
3317
3057
3131
3328
3834
3545
3757
4114
3575
3958
3363
2771
2550
2566
3344
3381
3002 3099
3924
4069
4340
3708
3002
2838
3405
3618
3397
2823 3394
4320
ALL RESALE CLOSINGS - RES, VER, MULTIJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
2 0 0 0 2 0 0 1 2 0 0 2 2 0 0 3 2 0 0 4 2 0 0 5 2 0 0 6 2 0 0 7 2 0 0 8 2 0 0 9 2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1
779 1117 1340 1749 2217 1985 1778 1397 983 2224 2608 2509 2931 2284 2068 1793 1885 2150 2266 1830 2292 2645 937
1213 1281 1740
2431 2038 1787
1407 1098
2288 2390 2591
3053 2639
2008 1966 2117 2263 2134 1975
2484 2777
1431 1602 1656
2187
3460 3127
2521
1605 1478
2980 3175 3384
3534
2958
2537 2706 2799 3210 3167
2627
2759
3744
1164
1616 1828
2413
3267
2957
2266
1381 1794
3198 2951 3084
3185
3049
2613 2753 2870 2870 2882
2877 1978
3546
1303
1838 2089
2537
3204
3096
2556
1568 2026
3255 2884 3111
3413
3074
2823 2751 3068
3525 3147
3293 1711
3206
1345
1852 2041
2505
3552
3318
2510
1476 2226
3785 3360 3629
3212
2964
2675 3056 3273
3677 3272
2902
2471
3566
1384
1776
2160
2983
3397
3240
1996
1318
2592
3738 2948
3164 2887
2943
2642 3178
2838
3141 3190
3180
3332
3367
1572
1924
2183
2923
3192
3331
2097
1316
2545
3229
2819
3706 3076
2930
2568 2867
3114
3308 3092
3180
2916
1325
1427
1919
2803
2922
2985
1739
990
2783
3358
2806
3242 2666
2669
2379
2720
2935
2922
2439
2753
3282
1332
1656
2084
2684
2604
2574
1689
974
2718
3535
2599
3118 2995
2636
2417
2441
2624
2974
2695 2910
3231
1229
1317
1865
2803
2492
2441
1547
968
2183
3117
2777
3159 2661
2201
2031
1977
2606
2602
2300 2416
3039
1205
1466
1935
2818
2522
2437
1644
879
2498
3420
3117
3456
2961
2379
2227
2691
2720
2627
2152 2617 3324
SINGLE FAMILY RESIDENTIAL CLOSINGS
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
2 0 1 1 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1
2509 2931 2284 2068 1793 1885 2150 2266 1830 2292 2645
2591 3053
2639 2008 1966 2117 2263 2134
1975 2484
2777
3384 3534
2958
2537 2706 2799 3210 3167
2627
2759
3744
3084
3185
3049
2613 2753 2870
2870 2882
2877 1978
3546
3111
3413
3074
2823 2751 3068
3525 3147
3293 1711
3206
3629
3212
2964
2675 3056 3273
3677 3272
2902
2471
3566
3164 2887
2943
2642 3178
2838
3141 3190
3180
3332
3367
3706 3076
2930
2568
2867 3114
3308 3092
3180
2916
3242 2666
2669
2379
2720
2935
2922
2439
2753
3282
3118 2995
2636
2417
2441
2624
2974
2695 2910
3231
3159 2661
2201
2031
1977
2606
2602
2300 2416
3039
3456
2961
2379
2227
2691
2720
2627
2152 2617 3324
SINGLE FAMILY RESIDENTIAL CLOSINGSJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
2.4
4.6
3.7
0.6
1.0
-
1.0
2.0
3.0
4.0
5.0
6.0
Jul-0
9
Oct
-09
Jan-
10
Apr-
10
Jul-1
0
Oct
-10
Jan-
11
Apr-
11
Jul-1
1
Oct
-11
Jan-
12
Apr-
12
Jul-1
2
Oct
-12
Jan-
13
Apr-
13
Jul-1
3
Oct
-13
Jan-
14
Apr-
14
Jul-1
4
Oct
-14
Jan-
15
Apr-
15
Jul-1
5
Oct
-15
Jan-
16
Apr-
16
Jul-1
6
Oct
-16
Jan-
17
Apr-
17
Jul-1
7
Oct
-17
Jan-
18
Apr-
18
Jul-1
8
Oct
-18
Jan-
19
Apr-
19
Jul-1
9
Oct
-19
Jan-
20
Apr-
20
Jul-2
0
Oct
-20
Jan-
21
Apr-
21
Jul-2
1
Single Family Residential HomesMonths of Inventory
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
164,739
428,817
502,885
132,000
405,000
-
100,000
200,000
300,000
400,000
500,000
600,000
SFR Market PricesAverage Median
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
502,885
118,000
405,000
-
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
(50,000)
50,000
150,000
250,000
350,000
450,000
550,000
Jan-
12
Apr-
12
Jul-1
2
Oct
-12
Jan-
13
Apr-
13
Jul-1
3
Oct
-13
Jan-
14
Apr-
14
Jul-1
4
Oct
-14
Jan-
15
Apr-
15
Jul-1
5
Oct
-15
Jan-
16
Apr-
16
Jul-1
6
Oct
-16
Jan-
17
Apr-
17
Jul-1
7
Oct
-17
Jan-
18
Apr-
18
Jul-1
8
Oct
-18
Jan-
19
Apr-
19
Jul-1
9
Oct
-19
Jan-
20
Apr-
20
Jul-2
0
Oct
-20
Jan-
21
Apr-
21
Jul-2
1
Single Family Residential Price Trend
Average Median
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
(50,000)
50,000
150,000
250,000
350,000
450,000
550,000
Single Family Residential Price TrendLast 19 Months
Average Median
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
-0.1%
-8.5%
8.4%
29.4%
10.9%
7.4%
4.9%
11.1%
13.7%
5.6%
11.1%
19.6%
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000
2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021
SFR Average Price and Year Over Year Percent Change
Ave Pct Change
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
2 0 1 1 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1
621 600 479 461 408 429 531 554 484 590 625
691 680 529 461 437 516
567 578 542 622 723
846 775
609 506 562
647 711 739
640 715
1003
742 674
649 544 624
651 663 694
755 441
1026
789 657
810
565 557
657
785 751 768
375
920
843
656
678
549 582
716
796 827 724
472
954 799
613
691
613 575
610
656 770
730
702
880 919
612 595
544 555
688
732 814
770
684
800
570 586
546 512
615
658 569
686
729
704
603 565
497 532
572
665 652
674
737
674
543
493
410 434
580
609 567
541
729
718
586
521
443 544
688
586 518
607
797
CONDO / TOWNHOME CLOSINGSJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
2 0 1 1 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1
84 60 58
37 40 45 51 64 47 55 64
89
61 63
49 53 54 70
78
48 64
92
86
79 74
50
92 63
93 90
63 58
110
76
65 86
56
63
57
77 86
69 17
130
91
64
83
60
56 81
82
86
69
27
103 68
75
70
50
55 82
101
94
44
37
127
74
69
62
58
61
75
92 90
45
51
68
59 58
53
51
71
83
92
69
39
66
62 56
61
53
77
62
65
54
60
59
70 53
56
56
48
94
85
64
50
50
68 45
45
77
72
80 61
57
49
76
77
44
61
77
93
85 56
63
77
Vertical / Hi-Rise ClosingsJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
0
200
400
600
800
1000
1200
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
8 25 20 18 17 19 25 30 47 86
14 25 20 26 24 25
51 32 46
109
15 28 30 34 32 45
46 50 58
172
19
33 27 32 19 27
37 47 35
166
11
35 26 27 36
56 44 74 36
154
19
33 36 35 35
45 58
51 41
170
20
27 20
29 25
44
43 49 69
166
20
23 25
25 26
35
62 54 73
8
31 27
27 23
35
28 44
96
10
31 24
26 24
40
40 52
95
17
22 19
33 36
39
30
51
98
17
28 26
27 28
46
37
62
131
Greater Las Vegas Luxury Sales$1,000,000 and Over
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
16
20
14
31
29
19
14
20 17
10
7 6
5
3
4
-
5
10
15
20
25
30
35
Jan-
13
Apr-
13
Jul-1
3
Oct
-13
Jan-
14
Apr-
14
Jul-1
4
Oct
-14
Jan-
15
Apr-
15
Jul-1
5
Oct
-15
Jan-
16
Apr-
16
Jul-1
6
Oct
-16
Jan-
17
Apr-
17
Jul-1
7
Oct
-17
Jan-
18
Apr-
18
Jul-1
8
Oct
-18
Jan-
19
Apr-
19
Jul-1
9
Oct
-19
Jan-
20
Apr-
20
Jul-2
0
Oct
-20
Jan-
21
Apr-
21
Jul-2
1
Luxury Market - $1,000,000 and OverMonths of Inventory
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
<250K17%
250-400K42%
400-700K32%
700K+9%
Closed Units by Price Point
<250K7%
250-400K31%
400-700K37%
700K+25%
CLOSED VOLUME BY PRICE POINT
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
Cash32%
Conv49%
FHA9%
VA8%
Other2%
Last Month's Closings by Sold Terms
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
Cash38%
Conv41%
FHA13%
VA
5%
Other3%
Closings By Sold TermsClosings Less Than $250,000
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
Cash32%
Conv42%
FHA16%
VA8%
Other1%
Closings By Sold TermsClosings Between $250,000 and $400,000
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
Cash28%
Conv60%
FHA1%
VA10%
Other
1%
Closings By Sold TermsClosings Between $400,000 and $700,000
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
Supply vs Demand - Single Family Residential
Available Supply
Closed Sales Demand
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
0
1000
2000
3000
4000
5000
6000
7000
Residential Listings Taken vs Listings Sold
Sold
Listed
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
0
500
1000
1500
2000
2500
3000
Jan-
09
May
-09
Sep-
09
Jan-
10
May
-10
Sep-
10
Jan-
11
May
-11
Sep-
11
Jan-
12
May
-12
Sep-
12
Jan-
13
May
-13
Sep-
13
Jan-
14
May
-14
Sep-
14
Jan-
15
May
-15
Sep-
15
Jan-
16
May
-16
Sep-
16
Jan-
17
May
-17
Sep-
17
Jan-
18
May
-18
Sep-
18
Jan-
19
May
-19
Sep-
19
Jan-
20
May
-20
Sep-
20
Jan-
21
May
-21
Uni
ts
Closed Units By Price Point - RES & VER
0-100K 100-250K 250-400K
Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only * Based on July 2021 Data
Las Vegas Market Update - August 2021
0
200
400
600
800
1000
1200
1400
1600
Jan-
09
May
-09
Sep-
09
Jan-
10
May
-10
Sep-
10
Jan-
11
May
-11
Sep-
11
Jan-
12
May
-12
Sep-
12
Jan-
13
May
-13
Sep-
13
Jan-
14
May
-14
Sep-
14
Jan-
15
May
-15
Sep-
15
Jan-
16
May
-16
Sep-
16
Jan-
17
May
-17
Sep-
17
Jan-
18
May
-18
Sep-
18
Jan-
19
May
-19
Sep-
19
Jan-
20
May
-20
Sep-
20
Jan-
21
May
-21
Uni
ts
Closed Units By Price Point - RES & VER
400-700K 700K+