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NEVADA HOUSING MARKET UPDATE A MONTHLY REPORT FROM THE LIED CENTER FOR REAL ESTATEFebruary 2021LAS VEGAS METROPOLITAN AREA TRENDS . . . . . . . . . 4 WASHOE COUNTY TRENDS . . . . . . . . . . . . .
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What is housing inventory median days?
Housing inventory median days refers to the median number of days that homes stay on the market before being sold.
Who is required to file housing inventory median days?
Real estate agents, brokers, and other licensed housing sellers are typically required to file housing inventory median days data.
How to fill out housing inventory median days?
To fill out housing inventory median days, one must gather data on the number of days each property was listed before being sold and calculate the median from this data.
What is the purpose of housing inventory median days?
The purpose of housing inventory median days is to provide insight into property market trends, helping buyers, sellers, and real estate professionals understand market dynamics.
What information must be reported on housing inventory median days?
Information that must be reported includes the number of days each property was listed, the total number of sales, and any additional relevant market data.
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