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North Las Vegas Real Estate Trends

By
Real Estate Agent with Keller Williams Realty The Marketplace NV License # 56750

North Las Vegas Real Estate Trends

For November 2010, there were 635 home sales in North Las Vegas with a median price of $122,000.
Of those, 591 were single-family homes with a median price of $125,000. This marks the 19th straight month that the median price has stayed within a range of $123,800 to $135,000.

Here's a quick look at price, volume and financing trends in the North Las Vegas real estate market.

 

North Las Vegas Real Estate Prices


North Las Vegas Real Estate Sales


North Las Vegas Real Estate Financing



In 2009 there were a total of 9,207 homes sold in North Las Vegas. This area is north of Charleston Boulevard, east of Rancho Road, and west of the I-15 freeway, and includes most of the city of North Las Vegas. The median sale was a 3-bedroom, 1839 square foot home with a selling price of $129,900. The median selling price for a single-family home fell by 19.4% during the year, from $155,000 to $125,000.

To find out more about buying or selling real estate in North 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 101-103.)

Rene Bayani
Crestridge Partners - Irvine, CA

Curious...what percentage of the home sales were attributed to distressed properties?

Dec 08, 2010 04:38 PM
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

Michael - Thanks for your question. 43.2% were REOs and 30.9% were short sales.

Dec 08, 2010 07:25 PM