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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 April 2011, there were 648 home sales in North Las Vegas with a median price of $110,000.
Of those, 592 were single-family homes with a median price of $115,000. This is a decrease of 12.8% in sales from March, with pricing staying even.

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 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.)

Greg McCown
Century 21 1st American - Tucson, AZ

It's always beneficial to see your marketing reports.  Our smaller town of Tucson tends to follow the trends of Phoenix and Vegas although not to the extremes.  I look forward to the days when we return to a steady and consistent rise in prices again.

May 29, 2011 04:41 PM