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Las Vegas Housing and Activity - December 2013
Continuing a strong traditional housing market, equity properties are at 77% strong. Short sale properties represent 15% of the active inventory. Bank owned properties represent 8%, serves a small market share.
In November 2,649 homes were sold. This is an all year low volume in 2013. January is the second lowest month of the year. Sales price averages 99.1% of List Price. Average days on market from listing to sold is 53 days.
As the weather changes from warm to cold make sure your heating system is fully functional. Home warranty companies can help to take care of your home if you are unsure of what to do. I am recommending Old Republic Home Warranty or HSA Home Warranty company. Visit www.orhp.com or www.onlineHSA.com