Las Vegas Real Estate is heating up and its only March. This time last year we had less than 3400 single-family homes sold according to the local MLS. This year we seen an 18% gain in sold single-family inventory compared to last year at this time.
 
Prices on Las Vegas Real Estate has single family homes has drop another 5.5% compared to this time last year which is right in line with our predictions form 2011. The median price of a Las Vegas home is now $121,000.
 
Condos and town homes also depreciated 5% compared to the same time last year. Cash is still king around these parts with over 50% of homes sold in southern Nevada this February, which is consistent with what we have seen over the last 2 years. Another interesting fact is that almost 30% of Single family residential real estate sold in Las Vegas was a short sale, this is also a trend we recognized last year and reported on.
 
If you would like more information about buying in the Las Vegas Real Estate market please feel free to contact me at 702-542-1883 or leave a comment below today’s post. Be sure to subscribe to this blog before you leave and don’t forget to share this post with your friends on facebook and twitter.
 
www.LasVegasAreaHomeSearch.com
 

Las Vegas Luxury High Rise Condo February Market Update
02/07/2012
share
J ust a little over 30 days into the 2012 and there have been over 55 Vegas high rise condos sold according to the MLS. That is roughly 2 condos sold each day here in Las Vegas. The most active high rise condo community in regards to sales is still… more
Updates About The Las Vegas Real Estate Market
02/07/2012
share
Get Market Insider for Valuable Data on Las Vegas and Surrounding Areas Introducing Market Insider, the FREE report that gives you valuable, customized, and up-to-date information on real estate trends in Las Vegas, Summerlin, Henderson and… more
Get Las Vegas Short Sale Help Today!
01/23/2012
share
http://tinyurl. com/Las-Vegas-Short-Sale-Help-2day Attention all Las Vegas Short Sale candidates! Get the Las Vegas Short Sale help you deserve today! Makea Turner is a Las Vegas Certified Distressed Property Expert who has been trained to guide… more
Trump Tower Las Vegas Luxury High Rise Condo For Sale
10/21/2011
share
This Stunning Trump studio offering breathtaking south strip back drop accompanied by a luxurious signature Trump pool as it's view. With 534 sqft this well appointed luxury studio provides a single bathroom with onyx throughout and a in… more
Las Vegas Luxury High Rise Condo Market Update
09/09/2011
share
As of September 9 2011 there have been a total of 640 Luxury high and mid-rise condos sold under the vertical category on the Las Vegas MLS. There are 378 condos currently available on the resale market here in Las Vegas under the Vertical category… more
Las Vegas Home Prices Continue To Fall
06/15/2011
share
I wanted to take a few minutes to share some interesting info on the Las Vegas Real Estate market with you. The most common question that I get is “why should I buy real estate in Las Vegas now when it appears that the home values are… more
Fully Furnished Trump Tower Las Vegas Studio_Pool View Only $219, 000
05/09/2011
share
Makea Turner | Realty One Group | (702) 542-1883 2000 Fashion Show DR #1605, Las Vegas, NV Valet Parking, Walking Distance To The Las Vegas Trip, 24 Karat Gold Building, Studio/1BA Condo offered at $219, 000 Year Built 2006 Sq Footage 534… more
The Martin Las Vegas High Rise Condos For Sale
02/16/2011
share
The  Martin is located on Dean Martin  rd just west of the I 15 freeway.  This building is 45 stories with over 370 condos with breath taking views from each high rise condo residence. The location and views alone are my favorite features at The… more
Las Vegas Real Estate For Sale 3 Story Home Not A Short Sale Or REO
02/15/2011
share
Longoria Garden LAS VEGAS, NV 3 Story Single Story Home Not SS/REO 3BR/2+1BA Single Family House $145, 000 Year Built 2007 Sq Footage 1, 553 Bedrooms 3 Bathrooms 2 full, 1 partial Floors 3 Parking Unspecified Lot Size 2, 178 sqft HOA/Maint $27 per… more