North Las Vegas Real Estate Trends - July 2011
For July 2011, there were 677 home sales in North Las Vegas with a median price of $107,000.
Of those, 630 were single-family homes with a median price of $112,000. This is slightly above last year's pace of 614 sales, but prices have fallen by 13.8% from $129,900.
Here's a quick look at price, volume and financing trends in the North Las Vegas real estate market.
In 2010 there were a total of 7,839 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, 1814 square foot home with a selling price of $123,900. The median selling price for a single-family home fell by 4.7% during the year, from $128,000 to $122,000.
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.)
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