Las Vegas Home Sold In Less Than 24 Hours By The Ballen Group

The Las Vegas real estate team The Ballen Group received a buyer’s signed contract within 24 hours of listing the Las Vegas home for sale. The Ballen Group’s Las Vegas real estate agents are thrilled to Las Vegas Resident’s home quickly.

This Las Vegas home, located on Greek Palace Avenue, was listed for sale for $447,720. This home is measured at 4264 sq. ft. and has 5 bedrooms, 4 full bathrooms, and a half bathroom. This two story home is in the subdivision of South Mountain. 

The number of active listings in Las Vegas (89178) increased by 3.4%from the previous month.

The median number of days active properties have been listed is 45. This is significantly shorter than the national average.

The number of sales in January dropped by 78.4% from the previous month.

The percentage of residents in this area that own their own home is 63%. A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area. Since this area has a high home ownership percentage it is most likely to be a good neighborhood with stable property prices.

Though this zip code has 223 homes listed as actively for sale, The Ballen Group’s Lynn Snider was able to get this home priced exactly right and sold within a day. Lynn was able to sell this home to the first and only buyer that was able to view the home. That buyer signed a buyer contract at 10pm that night and this home sale was able to go directly into escrow.

The median household income in this area, 89178, is $88,068. There are 328 homes whose residents earn between $35,000-$40,000 per year. The biggest category represented in this area are the residents earning bewtween $75,000 to $100,000 per year followed by the residents earning between $100,000 to $125,000 a year.

The Median age in this area is 31 with 28% of the residents being married. There are 10,988 Las Vegas homes in this area, and 4,390 of them are homes with children.

The Ballen Group is thrilled with being able to sell this home in one day and be able to bring “The Wow Factor” to one of their valued Las Vegas real estate clients. Being able to serve Las Vegas’s real estate needs is The Ballen Group’s Las Vegas real estate agent’s passion.