Southwest Las Vegas Real Estate Trends
In August 2010, there were 884 home sales in southwest Las Vegas with a median price of $137,587.
Of those, 667 were single-family homes with a median price of $155,000, The median price has stayed within a range of $155,000 to $165,000 for thirteen months.
Here's a quick look at price, volume and financing trends in the southwest Las Vegas real estate market.
In 2009 there were a total of 10,691 home sales in southwest Las Vegas. This area is roughly everything west of the I-15 freeway and south of Charleston Boulevard. The median sale was a 3-bedroom, 1740 square foot home with a selling price of $152,000. The median selling price for a single-family home fell by 15.8% during the year, from $190,000 to $160,000.
To find out more about buying or selling real estate in southwest Las Vegas, just give me a call at (702) 339-9700, or email me at JohnNovak@kw.com.
(GLVAR deems information reliable but not guaranteed. Data is for MLS areas 501-505.)