Nevada Desert Realty Sold a Las Vegas Home in Desert Inn

A Las Vegas home was sold in the Desert Inn subdivision. In the sale of the home, Nevada Desert Realty released a market update for that subdivision and Las Vegas zip code.

Las Vegas, NV, October 22, 2017 --( The sold Las Vegas home in Desert Inn was sold at the end of September 2017 for $261,000. The home on cul-de-sac lot had a 3 car garage, vaulted ceilings, formal living & dining area, fantastic kitchen with granite countertops and huge kitchen island. The master bathroom of this 4 bedroom 3 bathroom home has 2 walk-in closets. There was a full bathroom and bedroom downstairs. There was also a large loft upstairs. The house that was recently sold also featured a large back yard and was tucked away community with many amenities.

Nevada Desert Realty released a market update for the community this sold home is located in - Desert Inn. The median sold price for homes for sale in this Las Vegas community is $190,750. The active median list price for Desert Inn homes is $224,900. The sale to list price is 99% in this community, meaning home sellers get just a little under list price for their homes. The sale to list price percentage has risen throughout Las Vegas as the inventory of homes on the Las Vegas housing market is so low. Since demand is high and supply is low, home prices are rising and many homes for sale receive multiple offers as there is currently more buyers than sellers. Most real estate experts will say that a 6 month inventory for housing is an average, healthy real estate market. Currently Las Vegas has less than 2 months worth of housing inventory, closer to 1 month's worth.

Housing inventory is measured by how many homes are being purchased in a month. If a city has 500 homes purchased every month on average, and there are 1000 homes for sale, the city has 2 months worth of inventory. In Las Vegas, average priced homes or homes priced below the average home price often sell very quickly. As the median price for homes for sale in Desert Inn is several thousand dollars under the Las Vegas average home price, these homes are in high demand and are on the market for a median of 9 days. There are 12 Desert Inns homes that have sold recently and 7 homes for sale in Desert Inn, Las Vegas.

This sold Las Vegas home in Desert Inn is located in 89122. Las Vegas 89122 is located on the East side of Las Vegas. There is close to 50,000 residents in this Las Vegas zip code which has almost doubled in size since 2000. This region is a little over 9 square miles in East Las Vegas. Sam Boyd Stadium, a satellite stadium of UNLV is located in the southwest corner of this Las Vegas zip code and hosts events almost every weekend from college football games to monster truck rallies. Clark County Wetlands park is also partly located in 89122. This park has walking trails where you can see large ponds that are unusual to Las Vegas. The Pittman wash that runs through Southeastern Las Vegas and parts of Henderson flows into this park. The Whitney Ranch region is also partly in 89122, as well as Eastside Cannery Casino, Sam’s Town Hotel and Casino, Edward Clark (Energy Generating station, and many other attractions and parks are located in this zip code region.

The current median sold price for Las Vegas homes in 89122 is $199,000. The active listing price for this region is $224,000. The sale to list price is 100%, meaning sellers are getting exactly what they’re asking for in their home sales. These homes are on the market for a median of 31 days. There have been 67 homes just sold in this Las Vegas zip code. There are currently 60 homes still for sale in Las Vegas 89122.

Nevada Desert Realty is located at 40 E Horizon Ridge Parkway #101 in Henderson, Nevada and their office number is 702-509-1446. This brokerage is owned by Michael and Anna Klinger who helped sell this Las Vegas home. This husband and wife team have been in real estate for over 15 years and have made many lifelong friends in real estate between clients and other business affiliates. As longtime residents of this area, Anna and Michael Klinger know the trends of the Las Vegas market and can price a home to get it sold for top dollar and sold fast. Both Michael and Anna love to negotiate on behalf of their client to get the best deal possible for their client. Many of their past clients have seen that they will go the extra mile for their friends and customers.
Klinger Group of Nevada Desert Realty
Michael and Anna Klinger