Attached is our State of the Market Report for June, 2017.
Market conditions in Single Family Homes remains hot with significantly decreased inventory from this same time last year and coupled with the increased demand, the median home prices continue to move up.
On the Luxury front, inventory has remained flat from the previous year but demand, as measured by solds and those under contract, indicates an increase.
For highrise, the demand has increased significantly and the pricing has reflected this as the supply has dwindled in the past 12-months. With increased attention on the Strip and the NHL season approaching, along with the NFL efforts continuing to move forward, this trend will likely continue.
