Presents

Statistics and Market Study

Services Nevada

2

How to obtain the “Statistics You Must Know”

Log onto MLXchange to

begin your compilations

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!

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

5

Once there, go to the Monthly MLXchange Statistics Report and find

the comparable months

6

Here are the January, 2007 new listings taken

Here you can see there

were 6866 total listings

taken in July, 2007

7

Now go to the same month for last year

8

Here you will find the

corresponding information for

comparison.As you can see

there were 6949 total listings

taken in July, 2006

9

To determine this year’sAverage List Price,

go to Monthly Comparative Statistics

10

Select the most recent statistics

11

Here you can find the Average List Price, Average Sales Price, Average days on the

market and # of listings taken for July, 2007

12

The next page has statistical data by area

13

Next is availability by quarter since January 2004

14

Then you will find number of new listings by quarter since 2004

15

Here is units sold by quarter since 2004

16

Now do the same for the corresponding month last year

17

Here are the same stats and graphs for July

18

Now go to Statistical reports in MLXchange

19

Select Comp report, Summary by Bedrooms

20

Make your selections for single family residential solds since January of 2007

21

Here is Average Market Time and List Price vs. Sales price ratio since January

of 2007

22

Let’s say you have a listing presentation in The Lakes, select

your search criteria to match

23

This statistical report will show you the average sales price, the Days on the Market

and the list price/Sale Price ratio

24

Or you want to do the entire SW part of the valley

25

26

To Determine Number Sold YTD

27

To Determine Number Sold YTDLast Year

NOTE: Be certain to add S & H status to

get YTD for last year!

28

To find Average Sales Price, Go to Annualized Statistics

29

Then Go to Average Price. Here are the results for Average Sales

Price this year vs. last year

30

You can use these number to determine appreciation or depreciation

Single Family Average 2007 = $389,304 2006 = $344,515 Difference of $44,789 % change = + 13%

Condominium Average 2007 = $241,742 2006 = $225,669 Difference of $16,073 % change = +7%

31

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

32

Here is Country Rose in SummerlinThere are 154 parcels of land in the

subdivision

33

All but 1 parcel is a home site

34

There is a Market Study Template available for you to use to determine Age, Style and

Square Footage

35

Now you will want to determine the statistics for the subdivision or area

you are dealing with

Let’s stick with Country

Rose

36

Here are your results, so click results

37

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

38

This search will show up

39

Click on Search Criteria and Statistics at the bottom of the report

40

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

41

To Determine the top 3 Listing Agents in the Subdivision, go to search

Put in Status = ER, EA, S, P, C

Area

Subdivision Name

42

You have an Agent Inventory Template available to determine Top 3 Listing Agents in

area

43

If there is no dominant agent, find out which Brokerages are dominant

Click here to alphabetize

the field

44

Your assignment is to prepare Statistics and a Market Study for

your neighborhood!