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Las Vegas Housing and Activity - February 2014
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 January 2,458 homes were sold. Sales price averages 99.7% of List Price. Average days on market from listing to sold is 61 days.
A quick tip for homeowners in the winter season, pipes that are exposed to the weather - and unprotected - are vulnerable to bursting in a light freeze because of the wind chill. This Link will direct you to the simple steps that you as a homeowner can take to protect pipes from freezing and bursting when the mercury drops.
For an up-to-date market evaluation of your home please contact me for a private consultation.