The real estate market in Las Vegas is experiencing an exceptionally good summer this year, and Sightline Acquisition with Kirk Sanford at the helm is paying attention.

According to the GLVAR, the Greater Las Vegas Association of Realtors, the month of June in the year 2009 was the best on record for home sales in the area. The statistics include single family homes, townhomes and condominiums in the local Las Vegas area, and the numbers are impressive. Despite the decrease in the number of homes available for sale, the overall cost of a home has remained stable.

In June the number of homes which sold came to the record-setting figure of 4,702, the highest number sold in any single month since the GLVAR has been keeping records. July posted as the second highest single month for home sales, with only 100 fewer homes sold.

Separating out the dollar value of just single family homes from the total, deals totaled $634 million worth for the month of July, and $611 million in the month of June, or a 3.6% decrease since last month and a 7.4% downturn since June 2008.

Sightline Acquisition will continue to keep you in the know about what to know in the real estate scene in Las Vegas.