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Las Vegas Real Estate Report

Las Vegas Real Estate Report

The Las Vegas real estate market contnued to struggle in August. Year-over-year sales were down 13.2% with 2,306 Las Vegas homes sold in August, compared to 2,658 in the same month for 2009. The current available inventory is 46.2% short sales, 33.1% regular sales, and 20.7% bank owned.

Las Vegas home sales

The median selling price for single-family homes in Las Vegas is up 3.8% from August 2009 to August 2010. At $135,000, it marks the 17th straight month in the 130s.

Las Vegas home prices

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 201-505.

Previous Las Vegas real estate reports:

     Las Vegas Real Estate Report - July 2010
     Las Vegas Real Estate Report - June 2010
     Las Vegas Real Estate Report - May 2010
     Las Vegas Real Estate Report - April 2010

Posted by John Novak - Las Vegas and Henderson NV Real Estate on 09/05/2010 07:24 PM

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Las Vegas Real Estate in the Real Estate Market Channel

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Originally posted at: Las Vegas, Henderson and North Las Vegas Real Estate: Las Vegas Real Estate Report

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John Novak - Las Vegas and Henderson NV Real Estate

Las Vegas, NV

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Keller Williams Realty The Marketplace

Address: 2230 Corporate Circle, Suite 250, Henderson, NV, 89074

Office Phone: (702) 939-0000

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News, statistics, and observations about the residential real estate market in southern Nevada, and my experiences and thoughts about being a REALTOR®.

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