Sightline Acquisition, with Kirk Sanford at the helm, is keeping up with the latest news in the Las Vegas real estate world. And the news is good.
Check out the latest headlines coming from the GLVAR, the Greater Las Vegas Association of Realtors. According to their statistics, the month of June, 2009 set a record for number of home sales in the local Las Vegas area. Nevertheless prices appear stable as the number of homes available for sale declines.
The month of June scored a record 4,702 homes, condominiums and townhouses sold. July 2009 registered in as the second highest amount of sales in a single month with just 100 less homes sold, 4,602.
The value of the transactions for just single-family homes, which are the majority of home sales, was lower than last year, but still quite impressive. June’s total value came to $634 million. July posted lower at $611 million worth of home sales, which is 3.6% less than July 2009, and 7.4% less than in June, 2008.