Available Pending Greater Las Vegas Snapshot by Sale Type Last Month's Sold Median List Price Average List Price Median Sold Price Average Sold Price Months of Inventory 30 Day Average Absorption DOM Rate SFR 5,294 3,980 3,185 375,000 579,953 290,000 332,409 1.7 60.2% 28 CON/TWH 998 981 768 169,900 200,419 165,500 176,9 1.3 77.0% 26 Total Residential 6,292 4,961 3,953 234,900 298,401 210,000 243,786 1.6 62.8% 55 Hi-Rise 358 136 90 450,000 806,6 337,500 445,687 5.0 25.1% 74 Multiple Dwelling 94 60 304,950 3,722 280,000 3,548 3.5 28.7% 28 Vacant Land 2,297 184 93 70,000 349,652 41,000 133,4 24.7 4.0% 170 YTD Months Available Pending Median List Average Median Average Absorption Average Sold of Price List Price Sold Price Sold Price Rate DOM Inventory Luxury Sales (RES & VER) $1M+ 493 97 304 1,717,931 2,6,996 1,365,000 1,772,318 13 8.8% 95 This data includes all GLVAR listings and sales within the Greater Las Vegas market area. 500,000 SFR Market Prices Closed by Price Point 450,000 400,000 350,000 300,000 428,817 332,409 400-700K 13% 700K+ 2% <250K 40% 250,000 200,000 290,000 250-400K 45% 150,000 100,000 50,000 - Average Median $350,000 SFR Average Price and Year Over Year Percent Change 40.0% CLOSED VOLUME BY PRICE POINT $300,000 $250,000 $200,000 8.4% 29.4% 10.9% 7.4% 4.9% 11.1% 11.7% 30.0% 20.0% 10.0% 400-700K 21% 700K+ 8% <250K 25% $150,000-0.8% -8.5% 0.0% -10.0% 250-400K 46% $100,000-20.0% $50,000-30.3% -30.0% $0 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018-YTD -40.0% Ave Pct Change
Jan-12 Mar-12 Jul-12 Nov-12 Mar-13 Jul-13 Nov-13 Mar-14 Jul-14 Nov-14 Mar-15 Jul-15 Nov-15 Mar-16 Jul-16 Nov-16 Mar-17 Jul-17 Nov-17 Mar-18 Jul-18 Jan-12 Mar-12 Jul-12 Nov-12 Mar-13 Jul-13 Nov-13 Mar-14 Jul-14 Nov-14 Mar-15 Jul-15 Nov-15 Mar-16 Jul-16 Nov-16 Mar-17 Jul-17 Nov-17 Mar-18 Jul-18 420,000 Greater Las Vegas SFR Average List vs Closed Sale Prices R12 Ave Available R12 Ave Sold 421,353 400,000 396,6 383,102 380,000 Average Over Pricing is $59,683 361,670 360,000 339,552 340,000 320,000 300,000 "R12 Ave" is a Rolling 12 Month Average of the Prices This chart is based on SFR listings with a List Price between $250,000 and $1,000,000 The Index is based on the Percentage of SFR listings that have been on the market for more than 30 days Greater Las Vegas CON/TWN Average Original List vs Closed Sale Prices 210,000 R12 Ave Original List R12 Ave Sold 190,000 185,409 170,000 162,299 150,000 Average Over Pricing is $23,110 130,000 110,000 90,000 70,000 78,328 63,302 "R12 Ave" is a Rolling 12 Month Average of the Prices This chart is based on Condo/Townhome listings with an Original List Price below $1,000,000 The Index is based on the Percentage of CON/TWN listings that have been on the market for more than 30 days 50,000
2018 Feb SFR Closed Sales in Selected Communities - Last Six Months Mar Apr May Jun Jul Sparklines Months of Inventory Ave Days to Sell Aliant e 17 32 29 32 36 2 26 Ant hem 12 23 19 19 23 17 3 41 Cent ennial Hills 20 35 30 31 32 38 2 17 Desert /Sout h Shores 21 21 23 29 18 20 3 Green Valley 35 61 40 51 66 48 2 31 Green Valley Ranch 17 20 17 28 22 16 2 30 Inspirada 13 26 37 23 17 15 3 28 Iron Mount ain Ranch 7 11 11 17 15 16 2 23 Lake Las Vegas 4 6 10 6 15 9 3 122 Mount ains Edge 51 80 71 80 85 68 2 17 Peccole Ranch 10 19 13 14 18 14 2 23 Providence 38 43 39 51 62 45 2 15 Red Rock Count ry Club 7 10 6 12 10 8 5 84 Rhodes Ranch 11 26 24 37 24 20 4 26 Seven Hills 17 16 15 14 12 13 4 40 Siena (SFR & TWH) 14 26 15 14 18 14 3 59 Silverado Ranch 26 34 50 46 46 39 1 28 Silverst one Ranch 7 7 9 15 7 9 2 42 Sout hern Highlands 38 37 51 60 50 64 2 31 Spring Valley 16 18 35 38 35 25 3 26 Summerlin 39 67 70 74 67 66 3 34 Sun Cit y Ant hem 26 35 40 44 41 26 3 40 Sun Cit y Summerlin 44 40 30 29 46 22 2 32 The Lakes 15 19 18 12 16 2 24 Ot her Groups Boulder Cit y 10 23 17 28 16 14 5 33 Pahrump/Nye 47 52 55 53 67 53 3 65 High Rise Sales 78 90 86 86 94 90 5 74 Luxury Sales ($1M+) 51 46 37 44 58 43 13 135 SFR Closed Average Sales Prices in Selected Communities - Last Six Months 2018 Price March April May June July February Movement Aliant e 312,141 334,667 363,514 365,232 348,232 355,022 Ant hem 379,942 415,641 421,192 409,711 445,121 419,112 Centennial Hills 331,323 314,114 364,592 355,383 403,452 378,616 Desert /South Shores 410,630 362,829 368,498 399,475 379,572 394,915 Green Valley 412,891 345,843 396,085 405,947 386,645 398,525 Green Valley Ranch 404,971 405,496 430,253 426,800 462,195 483,688 Inspirada 371,935 403,043 430,503 377,319 365,781 407,929 Iron Mountain Ranch 261,500 302,590 345,460 366,794 354,693 318,688 Lake Las Vegas 535,233 668,129 572,333 619,066 633,102 630,034 Mountains Edge 313,489 315,9 3,945 340,102 336,342 328,815 Peccole Ranch 330,199 341,184 323,697 354,171 343,500 368,618 Providence 307,628 310,823 320,107 310,865 323,126 318,862 Red Rock Country Club 1,490,000 1,348,300 728,333 1,068,869 1,015,350 984,999 Rhodes Ranch 364,715 388,861 447,280 376,308 405,343 345,392 Seven Hills 647,618 601,784 465,900 472,293 424,783 830,068 Siena 495,855 445,654 550,445 429,357 416,450 387,350 Silverado Ranch 301,917 302,435 300,152 325,191 313,2 320,123 Silverstone Ranch 309,000 337,929 326,333 3,3 398,143 377,878 Southern Highlands 819,786 442,603 419,301 514,529 430,605 476,798 Spring Valley 267,094 262,417 293,308 308,978 305,216 341,512 Summerlin 455,992 845,897 547,365 489,646 590,523 526,7 Sun City Anthem 416,823 390,997 428,486 416,116 416,866 432,846 Sun City Summerlin 302,522 371,135 326,915 372,425 348,213 373,707 The Lakes 372,950 344,394 340,5 441,667 520,750 374,970 Other Groups Boulder City 364,350 316,8 384,282 443,557 339,867 369,814 Pahrump/Nye 214,400 212,194 251,978 252,549 241,070 243,171 High Rise Sales 665,591 431,462 413,419 352,070 513,808 445,687 Luxury Sales ($1M+) 1,975,000 2,073,490 1,664,883 1,546,106 1,665,994 1,621,640
SINGLE FAMILY RESIDENTIAL CLOSINGS Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 26 2691 22 1977 2031 2441 2417 20 2379 2867 28 3178 2642 2675 30 2823 51 2613 53 20 2606 2624 2935 3114 2838 33 3068 2870 2602 2974 2922 3308 3141 3185 3677 32 3525 3147 2870 2882 2537 06 99 3210 3167 2008 1966 2117 2263 2134 2068 1793 1885 2150 2266 2014 2015 2016 2017 2018 CONDO / TOWNHOME CLOSINGS Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 586 688 609 544 443 410 434 497 532 580 572 615 665 658 732 546 512 688 544 555 610 613 575 716 549 582 657 5 557 651 544 624 506 2 647 461 437 516 769 6 796 825 785 751 663 694 711 739 7 578 461 408 429 531 554 2014 2015 2016 2017 2018
Vertical / Hi-Rise Closings Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1,000 85 900 800 93 80 94 700 600 500 400 300 200 100 0 77 72 62 61 77 48 83 45 77 53 71 92 90 61 51 94 75 101 53 61 58 55 82 82 86 50 81 77 86 60 63 57 90 93 92 63 50 78 49 53 54 70 37 40 45 51 64 2014 2015 2016 2017 2018 Greater Las Vegas Luxury Sales $1,000,000 and Over Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 500 450 400 350 300 250 200 150 100 50 0 40 28 35 26 33 36 35 43 19 26 24 24 44 58 23 25 26 25 29 45 44 20 25 35 36 35 37 26 36 32 19 46 30 34 32 45 51 20 26 24 25 20 18 17 19 25 2014 2015 2016 2017 2018 46 39
Jul-09 Sep-09 Nov-09 Jan-10 Mar-10 May-10 Jul-10 Sep-10 Nov-10 Jan-11 Mar-11 May-11 Jul-11 Sep-11 Nov-11 Jan-12 Mar-12 Jul-12 Nov-12 Mar-13 Jul-13 Nov-13 Mar-14 Jul-14 Nov-14 Mar-15 Jul-15 Nov-15 Mar-16 Jul-16 Nov-16 Mar-17 Jul-17 Nov-17 Mar-18 Jul-18 10,000 Single Family Residences (SFR) Supply vs Demand 9,000 8,000 7,000 6,000 5,000 Available 4,000 3,000 2,000 1,000 Sold - 6.0 Single Family Residential Homes Months of Inventory 5.0 4.6 4.0 3.0 2.0 1.6 1.0 -
Jan-06 May-06 Sep-06 Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-12 Jan-06 May-06 Sep-06 Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-12 Closed By Price Point 3000 0-100K 100-250K 250-500K 2500 2000 1500 1000 500 0 Closed By Price Point 300 500-750K 750K-1M 1M+ 250 200 150 100 50 0
Last Month's Closings by Type 10,000 Single Family Residences (SFR) Supply vs Demand Last Month's Closings by Sold Terms REO 1% Traditional Equity 97% Short Sales 2% 9,000 8,000 7,000 6,000 5,000 4,000 Available FHA 12% VA 8% Other 2% Conv % Cash 23% 3,000 2,000 1,000 Sold - YTD Closed 2017 YTD Closed 2018 Change % Change 26,043 25,426 (617) -2.4% Closed by Price Point CLOSED VOLUME BY PRICE POINT 400-700K 13% 700K+ 2% <250K 40% 400-700K 21% 700K+ 8% <250K 25% 250-400K 45% 250-400K 46% SFR Closed Sales in Selected Communities - Last Six Months 2018 Feb Mar Apr May Jun Jul Sparklines Equity Title of Nevada (702) 432-1111 www.equitynv.com Months of Inventory Ave Days to Sell Aliant e 17 32 29 32 36 2 26 Ant hem 12 23 19 19 23 17 3 41 Cent ennial Hills 20 35 30 31 32 38 2 17 Desert /Sout h Shores 21 21 23 29 18 20 3 Green Valley 35 61 40 51 66 48 2 31 Green Valley Ranch 17 20 17 28 22 16 2 30 Inspirada 13 26 37 23 17 15 3 28 Iron Mount ain Ranch 7 11 11 17 15 16 2 23 Lake Las Vegas 4 6 10 6 15 9 3 122 Mount ains Edge 51 80 71 80 85 68 2 17 Peccole Ranch 10 19 13 14 18 14 2 23 Providence 38 43 39 51 62 45 2 15 Red Rock Count ry Club 7 10 6 12 10 8 5 84 Rhodes Ranch 11 26 24 37 24 20 4 26 Seven Hills 17 16 15 14 12 13 4 40 Siena (SFR & TWH) 14 26 15 14 18 14 3 59 Silverado Ranch 26 34 50 46 46 39 1 28 Silverst one Ranch 7 7 9 15 7 9 2 42 Sout hern Highlands 38 37 51 60 50 64 2 31 Spring Valley 16 18 35 38 35 25 3 26 Summerlin 39 67 70 74 67 66 3 34 Sun Cit y Ant hem 26 35 40 44 41 26 3 40 Sun Cit y Summerlin 44 40 30 29 46 22 2 32 The Lakes 15 19 18 12 16 2 24 Ot her Groups Boulder Cit y 10 23 17 28 16 14 5 33 Pahrump/Nye 47 52 55 53 67 53 3 65 High Rise Sales 78 90 86 86 94 90 5 74 Luxury Sales ($1M+) 51 46 37 44 58 43 13 135