Monday, September 9, 2013

Real Estate News: The Numbers: Single Family Homes in Las Vegas, NV 89131 are Hot to Sell

Single Family Homes in Las Vegas, NV 89131 are Hot to Sell



Jill Paige Homes Real Estate Las Vegas Nevada Market Update Characteristics per Quartile  89131 Zip Code Driggs Title, Inc.
Market Update: Characteristics per Quartile
89131 Zip Code
Driggs Title, Inc.

Hot Properties in 89131: Days on Market are Falling


The Days on Market (DOM) for single family homes in Las Vegas, NV 89131 has decreased.  The  DOM depends on the property median price. Driggs Title Inc. reported the average DOM was 98 days as of September 9, 2013. The table "Market Update: Characteristics per Quartile - 89131 Zip Code" shows a home with a median price of $525,000 has been on the market for an average 131 days, whereas a home median price of $270,000 has been on the market for an average 85 days. The real estate market continues to be "hot", meaning there is a greater demand for homes to sell with fewer homes available. With only 4148 properties listed (9/9/13), the inventory decreased this week which influenced the median list price to increase to $225,000. The market in 89131 continues to show bullish, investment prices rise faster compared to the historical average of the past few years.

Jill Paige Homes Real Estate Las Vegas Nevada Market Update Quartile Prices  89131 Zip Code Driggs Title, Inc.
Market Update: Quartile Prices
Bullish Market 89131 Zip Code
September 9, 2013
Driggs Title, Inc.

Many Reasons to Love Living in the 89131 Zip Code

Oh how I love 89131 and so do many other homeowners, let me count the ways. Visit the Floyd Lamb Park at Tule Springs. The 680 acre Floyd Lamb Park is an oasis in the desert of northwest Las Vegas with wildlife to observe, picnic areas, a farmer's market, many scheduled events, and more. City of Las Vegas Centennial Hills Community Center, Operated by the YMCA has a variety of activities and diverse facilities including pools, splash zone and slides. Centennial Hills Park offers some of the best park facilities in Las Vegas with a huge splash pad, a great place to keep cool all summer.  There are many reasons to enjoy Centennial Hills Park including easy access to the adjacent the Centennial Hills Library. The services and events this Las Vegas Library District branch offers is incredible!  Free tutoring, puppet shows, computer lab, storytimes, the list of amenities offered at the 32,431 SF Centennial Hills Library has something for everyone! Silverstone Golf Club  is a 27 hole championship golf course. Pick fresh fruits and vegetables spring, summer and fall (including a huge pumpkin patch) at Gilcrease Orchard. There are many places for equestrian training including Willow Pines Ranch and learn about innovative pet therapy.There are many discoveries to be made and enjoy, the list is long and continues, for the 89131 zip code neighborhoods.
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