Las Vegas Home Sold In Less Than 24 Hours By The Ballen Group
Online, April 18, 2014 (Newswire.com) - 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.
This home is located in the area of 89178. This area of Las Vegas has had an increase of home sales by 3.4% from March 2014.
The median number of days that a property located in this area is actively on the market is 45. Though this time period is significantly shorter than the national average, The Ballen Group was able to sell this home in 1 day.
Though the number of homes for sale increased from the month before, the number of homes for sale in this zip code dropped by 78.4% from December 2013.
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.
The Ballen Group was started by Richard and Lori Ballen. Located in Summerlin, Las Vegas. The Ballens began their real estate career in 2007 and have since built up a team of Las Vegas real estate agents who specialize in Summerlin and service all of Las Vegas. The Ballens live with their family in Las Vegas, Nevada.
The Ballen Group - Keller Williams Realty Las Vegas
Lori Ballen
3046 S. Durango #100
Las Vegas, NV 89117
702-604-7739
www.TheBallenGroup.com