Team CarverTeam Carver

| Henderson & Las Vegas Real Estate

(702) 436-3615
Clients@TeamCarver.com
  • Facebook
  • Pinterest
  • RSS
  • Twitter
  • YouTube
  • Menu
  • Home
  • Home Search
  • Communities
  • Buyers
  • Sellers
  • Team Carver Listings
  • Team Carver Videos
  • About Us
  • Contact Us

2017 Market Update: A Year In Review

Want to sell your Henderson or Las Vegas home?
Get a FREE home value report.

Want to buy a home in Henderson or Las Vegas?
Search all homes for sale and save your favorites to your profile.

As we close out 2017, I want to discuss some statistics, a review of the year, and some projections for 2018. I have quite a few numbers in front of me; I like to keep an eye on the market and study homes and prices every day.

There are some interesting numbers for our market currently. In October of this year, our average sales price was slightly over $313,000. To give you an idea of where we’ve been, the height of our market was in 2006, when the average sales price was a little over $381,000. The low of the market was in 2011, with an average sales price of $157,000.

“

In 2018, we expect to see continued appreciation due to the generally low inventory.

”

 

We’ve come a long way since that dip in 2011. In October 2017, values did increase by over 9.7% from the same month in 2016. We saw a lot of appreciation this year, which is wonderful news.

In 2018, we expect to see continued appreciation due to the generally low inventory. I’ve seen projections of anywhere between 4% and 9% next year, which is great for our market. If that continues for the following year, there’s a lot of uncertainty. We’re approaching what’s considered an overvalued market, meaning that it’s probably not sustainable over the long-term. Things will likely be good through next year, though there are many ideas about what will happen after that.

If you have questions about your home’s value or the market, please give us a call or send an email. We’d be happy to schedule you a valuation consultation and answer any questions you have.

Posted in: Latest Posts

Post navigation

« 5965 Robert Hampton Road
3685 North Jones Horse Property »

Search

Search for:

Home Valuation

Categories

  • Condos Las Vegas
  • HOA Las Vegas
  • Homes for Rent in Las Vegas
  • Homes for Sale in Boulder City NV
  • Homes for Sale in Henderson NV
  • Homes for Sale in Las Vegas
  • Homes for Sale in North Las Vegas
  • Horse Property for Sale Las Vegas
  • Houses for Rent in Henderson NV
  • Houses for Rent in North Las Vegas
  • Las Vegas Real Estate
  • Las Vegas Real Estate News
  • Las Vegas Schools
  • Las Vegas Short Sale
  • Latest Posts
  • Luxury Properties
  • Neighboorhoods in Las Vegas
  • Neighborhoods in Henderson
  • Nevada Zip Codes
  • Parks in Henderson NV
  • Parks in Las Vegas
  • Selling a House
  • Team Carver Videos

What Our Clients Say

I cannot adequately express how much I've appreciated all of Team Carver's work.

Whenever I sit down with a person making a sale, I wonder if what they are promising can really be done. Well, from that first conversation with Leslie, you have MORE THAN delivered. My hat is off to you.

Many, many thanks.

-Randy Wilcox, Las Vegas

READ ALL TESTIMONIALS

Recent Posts

  • 9050 W. Warm Springs 2140
  • 2522 Claridge Avenue Green Valley
  • 2674 Mirabella Street Terracina at Seven Hills
  • What Are Las Vegas Home Values Like?
  • 2316 Aztec Ruin Way Sun City Anthem
  • Some Moving Advice From a Professional Mover
  • 2411 Ping Drive Green Valley
  • 4315 Helaman Avenue Las Vegas
  • What Can You Do to Avoid Appraisal Issues?
  • 2057 Powder Springs Sun City Anthem

Team Carver – Berkshire Hathaway


Berkshire Hathaway Nevada Properties

3185 St Rose Parkway, Suite 100

Henderson, NV, 89052

(702) 436-3615