Presents Statistics and Market Study Services Nevada.
-
Upload
arlene-houston -
Category
Documents
-
view
214 -
download
0
Transcript of Presents Statistics and Market Study Services Nevada.
![Page 1: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/1.jpg)
Presents
Statistics and Market Study
Services Nevada
![Page 2: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/2.jpg)
2
How to obtain the “Statistics You Must Know”
Log onto MLXchange to
begin your compilations
![Page 3: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/3.jpg)
3
Total Active Residential Listings
Select Property Subtypes: CON, SFR,TWH
Select Status: EA, ER
Select Areas from 101-702 (that includes all of Boulder City, Henderson, North Las Vegas and Las Vegas)
3
Here is your total!
![Page 4: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/4.jpg)
4
To Find Last Year Comparables, go to www.lasvegasrealtor.com and log in
Go to “Sale Stats” and
then “Monthly Stats” for
the information
![Page 5: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/5.jpg)
5
Once there, go to the Monthly MLXchange Statistics Report and find
the comparable months
![Page 6: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/6.jpg)
6
Here are the January, 2007 new listings taken
Here you can see there
were 7313 total listings
taken in January,
2007
![Page 7: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/7.jpg)
7
Now go to the same month for last year
![Page 8: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/8.jpg)
8
Here you will find the
corresponding information for
comparison.As you can see
there were 6839 total listings
taken in January, 2006
![Page 9: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/9.jpg)
9
To determine this year’sAverage List Price,
go to Monthly Comparative Statistics
![Page 10: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/10.jpg)
10
Select the most recent statistics
![Page 11: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/11.jpg)
11
Here you can find the Average List Price, Average Sales Price, Average days on the
market and # of listings taken for January, 2007
![Page 12: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/12.jpg)
12
Now do the same for the corresponding month last year
![Page 13: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/13.jpg)
13
Here are the same stats for last year
![Page 14: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/14.jpg)
14
Now go to Statistical reports in MLXchange
![Page 15: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/15.jpg)
15
Select Comp report, Summary by Bedrooms
![Page 16: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/16.jpg)
16
Make your selections for single family residential solds for the last 6 months
of 2006
![Page 17: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/17.jpg)
17
Here is Average Market Time and List Price vs. Sales price ratio for the last 6
months of 2006
![Page 18: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/18.jpg)
18
Let’s say you have a listing presentation in The Lakes, select
your search criteria to match
![Page 19: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/19.jpg)
19
This statistical report will show you the average sales price, the Days on the Market
and the list price/Sale Price ratio
![Page 20: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/20.jpg)
20
Or you want to do the entire SW part of the valley
![Page 21: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/21.jpg)
21
To Determine Number Sold YTD
![Page 22: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/22.jpg)
22
To Determine Number Sold YTDLast Year
NOTE: Be certain to add S & H status to
get YTD for last year!
![Page 23: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/23.jpg)
23
To find Average Sales Price, Go to Annualized Statistics
![Page 24: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/24.jpg)
24
Then Go to Average Price
![Page 25: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/25.jpg)
25
Here are the results for Average Sales Price this year vs. last year
![Page 26: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/26.jpg)
26
You can use these number to determine appreciation or depreciation
Single Family Average 2007 = $372,046 2006 = $344,515 Difference of $27,531 % change = + 8%
Condominium Average 2007 = $236,113 2006 = $225,669 Difference of $10,414 % change = + 5%
![Page 27: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/27.jpg)
27
Market Study of Subdivision
You will first determine the number of homes in the subdivision by going to the tax record in MLXchange
Type in the subdivision name and proceed
![Page 28: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/28.jpg)
28
Here is Country Rose in SummerlinThere are 154 parcels of land in the
subdivision
![Page 29: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/29.jpg)
29
All but 1 parcel is a home site
![Page 30: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/30.jpg)
30
There is a Market Study Template available for you to use to determine Age, Style and
Square Footage
![Page 31: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/31.jpg)
31
Now you will want to determine the statistics for the subdivision or area
you are dealing with
Let’s stick with Country
Rose
![Page 32: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/32.jpg)
32
Here are your results, so click results
![Page 33: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/33.jpg)
33
Once you see the list of your results, you will want to find out the stats
The first thing you will do is go to columns
and pull up the market recap by subdivision
![Page 34: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/34.jpg)
34
This search will show up
![Page 35: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/35.jpg)
35
Click on Search Criteria and Statistics at the bottom of the report
![Page 36: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/36.jpg)
36
You have the same statistics here on a smaller scale as are available in the annual
statistics function
Avg List Price
Avg Sales Price
Avg Days on Market
SP/LP ratio
![Page 37: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/37.jpg)
37
To Determine the top 3 Listing Agents in the Subdivision, go to search
Put in Status = ER, EA, S, P, C
Area
Subdivision Name
![Page 38: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/38.jpg)
38
You have an Agent Inventory Template available to determine Top 3 Listing Agents in
area
![Page 39: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/39.jpg)
39
If there is no dominant agent, find out which Brokerages are dominant
Click here to alphabetize
the field
![Page 40: Presents Statistics and Market Study Services Nevada.](https://reader034.fdocuments.net/reader034/viewer/2022051620/56649ed45503460f94be52b1/html5/thumbnails/40.jpg)
40
Now let’s move to the resource room and prepare Statistics and
a Market Study for your neighborhood!