Las Vegas just keeps on growing! The media says that 6,000 people are moving to Las Vegas every month. BUT they make no mention of how many are leaving every month. The media makes LV look totally overcrowded...we have a lot of people but not that many.
It is still possible to purchase a nice 1,600 square foot house for less than $300,000, sometimes for even less than $250,000 but those are getting a little harder to find.
Although sales have slowed down some there is MUCH to choose from if you're interesting in purchasing. In doing the stats from the Greater Las Vegas Association of Realtors MLS (Multiple Listing Service) there are currently over 27,500 residential properties for sale (as of 7/28/07). There are currently a total of 39,486 listings in Las Vegas (this includes land, commercial, etc.).
Although there are A LOT of active listings, we have to give some consideration to the amount of houses that have been built over the last few years...yes we have more listings than ever before but we also have seen immense growth through out Clark County.
These stats do not include For Sale By Owners or new homes. The sales on these are since 1/1/2007
| Property Type | Active Listings | Pending/Contingent | Sold |
| Single Family | 21,649 | 2,339 | 10,385 |
| TownHouses | 1,664 | 177 | 979 |
| Condominiums | 4,121 | 307 | 1,339 |
| New Home Subdivisions | 579 Active |
Stats are from the GLVAR MLS system and are deem correct but not guaranteed.
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