I was somewhat surprised today when I did some research on the MLS and discovered how quickly homes are selling.
Ignoring short sales (the ones which take ages to get a response from the bank!), the average time it’s now taking to sell homes under $250,000 in Henderson, is down to just 2 months.
Good news for sellers, but it shows that buyers looking for a great deal can no longer dilly-dally. This “buyer’s market” can’t and won’t last forever. At some time in the future we’ll be at that magic tipping point, and as history has shown, when the Vegas / Henderson housing market turns, it turns fast, so don’t get caught napping!
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