Las Vegas, NV, August 09, 2014 --(PR.com
)-- The Ballen Group’s Las Vegas real estate agents were thrilled to close another client buy their new home. This home is located in the zip code region of 89118 and is located on Bronco Street. This Las Vegas home is zoned for horses and is a single family home.
This Las Vegas real estate listing is measured at 2,829 square feet and has a lot size of 21,780 square feet. This is a single story home with 5 bedrooms and 3 bathrooms. This Las Vegas property includes a in ground pool and spa.
This home also has a living and dining room combo. There is an open kitchen with breakfast area. Before the Las Vegas real estate agents at The Ballen Group helped their client purchase this home’s kitchen counters were upgraded to Corian counters and there was a new electric cooktop range installed.
This Las Vegas home comes with a mother-in-law suite with backyard access. This home also includes RV parking with hookups and sewer. In the backyard is the pool, spa, outdoor sound system, and built in gas grill. The landscaping is matured and includes fruit producing peach, apple, plum, and pear trees.
This home is located in the zip code region of 89118. The number of active listings in Las Vegas 89118 dropped by 1.1% from the previous month. The median number of days active properties have been listed is 54. This is significantly shorter than the national average.
The median listing price for homes in 89118 is $192,750. There are 91 active Las Vegas real estate listings in 89118. 15.4% of the homes in this area are distressed listings, meaning they are either Las Vegas short sales or foreclosures. The number of Las Vegas home sales in April dropped by 14.5% from the previous month.
The percent of owner occupied properties in Las Vegas 89118 is 27.91% which is 35.19% below the national average. The percent of rental properties in Las Vegas 89118 is 52.81%. This percentage is 33.61% above the United States’ national average which is typical for urban areas. A higher percentage of owner occupied properties also usually indicates a younger population.
Median household income in 89118 is $52,612 with 732 households earning between $35,000 to $40,000 annually. The income bracket with a plurality of the population is the income bracket of $25,000-$50,000 with 2,696 homes earning in the range of that income. The second largest income bracket earns $50,000-$75,000 with 2,022 Las Vegas households in 89118 earning within that range every year.
For the zip 89118, 19.87% of the people have completed a bachelors degree as their highest education level. 7.12% of the residents have earned an associates degree as their highest level of education attained. 26.02% of the population is reported to have completed some college. 29.70% of the residents in Las Vegas 89118 have attained a high school diploma as their highest degree achieved.
The Crime Risk Index compares the likelihood of different crimes happening within this community to the national average. The national average for each type of crime equals a score of 100. A score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk. In Las Vegas 89118 the crime scores do not reach a score of 5, making reported crime in this area extremely low.
The median age for residents of this area of Las Vegas is 37. 21% of these residents are married. There are 10,107 homes in this area. Of the 10,107 homes, 2,593 of those homes include children in the residents.
The Ballen Group at Keller Williams Realty Las Vegas are thrilled to be able to help another Las Vegas resident. The Ballen Group was started by Richard and Lori Ballen who became real estate agents in 2007.
Richard and Lori still own the group, but do not participate in the day to day tasks there. Lori Ballen is an entrepreneur and business visionary. Lori has a proven marketing system that is known as The Ballen Method. It is through this method that the Ballens were able to grow their real estate team to a Top Nevada Team.
The Ballen Group at Keller Williams Realty Las Vegas
3046 S Durango Drive #100
Las Vegas, NV 89117