Has the pandemic-driven economic created a downturn in Southern Nevada?

Dated: August 7 2020

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Has the recent pandemic-driven economic created a downturn in Southern Nevada? Not last month!

As COVID19 has devastated other parts of the region’s economy, and thousands of Nevadans remain out of work. The housing market remains largely untouched (click July 2020 to find out how your home has been impacted) 

When compared with the same month in 2019, the total number 4,025 of homes, condos and townhomes sold in July was up more than 5%. While prices have gone up, supply remains low. Do you have thoughts of selling?

The number of homes now on the market is “well below” the six-month supply that’s generally needed for a market to be considered balanced (click below to see details).

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Kenneth Manesse

Helping you experience something new in Las Vegas that's guaranteed. Real Estate with less stress!....

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