Las Vegas Real Estate Listing Just Sold for Over Asking Price

The Ballen Group at Keller Williams Realty Las Vegas just sold a Las Vegas townhome for several thousand over listing price. The Ballen Group is thrilled to get more money in their client’s pocket.

Las Vegas, NV, September 11, 2014 --( The Ballen Group at Keller Williams Realty Las Vegas gets homes sold for 103.8% over listing price on average. The Ballen Group has been named a Top Nevada Team as well as ranked in the top 0.01% of all realtors nationwide.

This home located on Pacific Brook Street is a part of the Lakes Pacific Townhomes subdivision of Las Vegas 89117. This home was listed on July 7th and went to pending status the same day it was listed. This townhome was listed for $134,900 but was sold for $138,000. This Las Vegas real estate listing closed in the last week of August.

This two story townhome at Lakes Pacific Townhomes has 2 bedrooms and 2.5 bathrooms. This Las Vegas townhome is measured at 1,394 square feet and has a lot size of 1,742 square feet. This townhome has access to open parking. With a newly upgraded kitchen which included new cabinets, counters, and backsplash; this home was ready to sell.

The master bathroom in this Las Vegas townhome has also been redone with a sizeable shower. The HVAC, hot water heater, washer, and dryer have also been replaced for the sale of this home. The Lakes Pacific Townhomes subdivision is gated and has a community pool.

This Las Vegas townhome is located in the zip code region of 89117. The number of active listings in Las Vegas 89117 increased by 7.3% from the previous month of August 2014. The number of Las Vegas property sales in June 2014 dropped by 65.9% from the previous month of May.

The median price for homes in Las Vegas 89117 is $310,510. The median number of days active properties have been listed is 65. This is significantly shorter than the national average. There are currently 394 active Las Vegas real estate listings in 89117.

Out of those 394 listings, 9.4% of them are distressed listings. Distressed listings are listings where the home is worth less than the owner owes or can pay. Distressed listings are either Las Vegas short sales or foreclosures.

The percent of owner occupied properties in Las Vegas 89117 is 43.19% which is 19.91% below the United States’ national average. The percent of rental properties in Las Vegas 89117 is 45.63%. This percentage is 26.43% above the national average which is typical for urban areas.

Median household income in 89117 is $59,172 with 1,062 households earning between $35,000 to $40,000 annually. The income bracket that contains the highest amount of Las Vegas households in 89117 earns between $25,000 - $50,000. This income bracket includes 4,904 Las Vegas homes in 89117. The second largest income bracket in Las Vegas 89117 is the income bracket of $50,000 - $75,000. This includes 3,678 of the households in this region.

For the zip 89117, 9.34% of the residents of Las Vegas 89117 have achieved a graduate degree. 18.82% of the people have completed a bachelor’s degree as their highest education level. 8.13% of the residents have earned an associate’s degree as their highest level of education. 28.57% of the residents in this area are reported to have completed some college as their highest level of education. 25.19% of the residents in this area have received their high school diploma as their highest degree achieved.

The median age in this region of Las Vegas is 40. 32% of the people living in 89117 are married. There is a total of 23,681 homes in this zip code region. Out of those 23,681 homes there are 6,242 households that are reported to include children in the residents.

The assigned schools in this region are Herbert Derfelt Elementary School, Walter Johnson Middle School, and Bonanza High School.

Richard and Lori Ballen started and own The Ballen Group. Richard and Lori became Las Vegas real estate agents at Coldwell Banker in 2007 and were the top producing agents on their team in the first year. In 2010 The Ballen Group was moved to Keller Williams Realty after the Ballens moved to Keller Williams Realty Las Vegas. Since then The Ballen Group has won numerous Keller Williams awards along with their Las Vegas real estate agents.

The Ballen Group – Keller Williams Realty Las Vegas
3100 S Durango Drive #106
Las Vegas, Nevada 89117
The Ballen Group
Lori Ballen
3100 S Durango Drive #106
Las Vegas NV 89117