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VEGAS UPDATE

Las Vegas Market Update

Las Vegas Real Estate Market snap shot January 2019 vs 2018

Homes Units sold 1823 -19% Median Price sold $300,000 +13.2% New Listing 3805 + 22.7% Condominiums Units sold 482 -12.5% Median Price $170,000 +13.4% New Listing 979 +23% Las Vegas leads the nation in many economic indicators Top 5 Home Price Appreciation States Nevada +15% Utah +13% Idaho +13% Washington +9.9% Colorado +9.8% Top 5 Population Growth States Nevada +2.09 Idaho +2.05 Utah +1.87 Arizona +1.74 Florida +1.54 Top 5 Job Growth Nevada +3.8 Arizona +3.3 Washington +3.2 Utah +3.1 Texas +3.1 Where are people moving from to Nevada ? California 36% Florida 6.1% Texas 4.7% Arizona 4.5% Illinois 3.8% Several new projects currently being built or planned over $10 Billion in new construction Here are just a few. Resorts World Las Vegas The Drew Jackie Robinson Arena and Hotel Project Las Vegas Stadium (65,000 Seats) Las Vegas Convention Center Expansion Union Village Henderson West Project Neon Vegas Extreme Park (The Edge) Palms Casino Resort Renovation Google Data Center