How Many Days – On Average – Does It Take To Find A Buyer In Las Vegas?
If you’re thinking of selling your home in Las Vegas or the surrounding metropolitan area, you probably have a few questions. Wondering about the average days to find a buyer in Las Vegas when selling your home? We’ve got the answer! Sell my house in Vegas.
The time that a property spends on the market can often be a top concern when you’re moving. If you need to move overseas or move for a new job, you may not have time to keep your house on the market for weeks or months.
However, the process of selling your home is, by definition, a slow one – at least, if you use a traditional real estate agent. In this article, Max Cash Home Offers will take a look at the statistics behind finding buyers in Vegas. Let’s get started.
The Average Home In Las Vegas Spends 42 Days On The Market
The Vegas real estate market is quite hot. For comparison, the average home in Chicago spends about 61 days on the market, and the average American home spends over 80 days on listing websites.
If you’re looking to sell your home quickly, Las Vegas is a good place to do it. But it’s important to realize that this 42-day figure does not include closing on a home, finding a real estate agent, or any other part of the home selling process – just the actual listing of the home itself.
In addition, most people who are buying a home in Las Vegas are looking for homes that are in good condition, which require little-to-no repairs or upkeep. If your home needs some work, it may not sell quickly – or at all.
The Las Vegas Housing Market Has Over 8,000 Active Listings
Given its relatively small population, Las Vegas has a surprising amount of active listings – over 8,377, according to Realtor.com.
For comparison, Cincinnati, OH has about the same number of residents in the metropolitan area – but only about 5,300 listings.
The number of active listings has also decreased quite a bit during the last month, and the median price of a home ($290K) has risen by about 10%. This implies that, though there are many listings in Las Vegas, it’s still a seller’s market – and quality properties are highly desirable.
The Average Closing Costs For A House In Las Vegas Exceed $3,300
Closing costs in Vegas are quite high. Median home value is around $292K, but closing costs usually exceed more than $3,300 for sellers – which is higher than quite a few other metropolitan regions like Chicago, St. Louis, and Los Angeles.
Closing costs also don’t include other fees such as listing fees, loan payoff fees, and payments for real estate agents. If you’re selling your home in Vegas, you can expect to pay quite a bit of money once the sale is finalized.
Cash Sales – The Best Way To Sell Your Home Quickly In Las Vegas
Interested in an alternative to the traditional selling process? Maybe you need to sell off a spare property quickly – or you have a home that needs serious repairs, and would not sell quickly on the traditional real estate market.
The best choice in this situation is to sell your home to a cash buyer – such as Max Cash Home Offers. We can come to your home in Las Vegas and give you a cash offer for its value. And if you like our offer, you can accept it – and sell your home in just a few days!
If you need to sell your home quickly due to foreclosure, an upcoming move, or because of any other reason, a cash sale to Max Cash Home Offers in Las Vegas is a great idea.
The Benefits Of Selling Your Home For Cash With Max Cash Home Offers
Still not sure if selling your home for cash with Max Cash Home Offers is right for you? Here are a few of the biggest benefits of doing so!
- No repairs needed – If you’re planning on selling your home in Las Vegas, you will need to make sure it’s perfect. You’ll need to repair damaged parts of your home, redo your landscape, pay for cleaning services – all of this can add up to significant expenses.
If you sell your home to Max Cash Home Offers, we will make you an offer for your home “as-is”. You don’t need to worry about shelling out thousands of dollars for repair contractors, cleaners, or home inspectors. We make it easy to sell your home fast in Las Vegas!
- Get your cash fast –If you sell your house on the traditional real estate market, it takes a while to get your money. Even after you finalize the sale of your home, your money may sit in escrow for up to 10 business days – or even longer, in some cases. This means you won’t have access to your cash for quite a while.
In contrast, Max Cash Home Offers will provide you with an instant cash offer that you can deposit as soon as you receive it. If you need your money fast, our cash sales are a great alternative to the traditional real estate sales process.
- You can stay in your home with our lease-back program – If you need your money fast, but can’t yet move out of your house, that’s no problem! We can negotiate a reasonable short-term lease-back program. You can stay in your home as long as you want, until you find a new place to live.
Get Started Today – We Buy All Houses In Las Vegas!
We buy houses of all types in Las Vegas, and we specialize in buying “ugly houses.” If your house has seen better days, or you need to get rid of a “fixer upper”, we’re here to help.
If you have any questions about the cash sales process, or you’d like to get an offer for your home, please visit our website right away. We would also be happy to talk to you over the phone – you can give us a ring at (626)247-3569 24/7!
Max Cash Home Offers offers instant cash offers on houses nationwide. We do not provide legal or financial advice. For information on foreclosure, eviction or any other legal situation make sure you contact a local attorney.
Author: Ryan Cruz
Ryan received his Bachelors of Science in Business Administration from the University of La Verne. Ryan has a strong passion for marketing and the real estate industry while leading and managing all online marketing efforts for Max Cash Home Offers.