Las Vegas Median Price update

By
Real Estate Agent with Keller Williams

Hello!

For the first time in many months, the Las Vegas median price fell below 200k, to  an average sales price of $197,000, according to the GLVAR.

Now is the perfect time to buy either a primary or investment property in Las Vegas!  Call me today, I'd love to show you some great homes that are on the market!

 

Jen DeBolt 702.908.7009, jen@jensellsvegas.com

Comments (18)

Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Good info, Jen DeBolt .  I've occassionally considered buying a condo in Las Vegas.  Do you know the median price on condos?

Nov 13, 2015 08:59 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Oh and, Welcome to the world of ActiveRain blogging.  You'll find this platform a valuable resource where we freely share and learn from each others experiences. 

Nov 13, 2015 08:59 AM
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Hey, Jen!  Welcome to ActiveRain.  We'll have you addicted in no time at all.

Nov 13, 2015 10:13 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Hi there Jen and welcome to Active Rain.  What a great first blog post, I hope it brings you many buyers.

Nov 13, 2015 10:36 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Jen - Welcome to the ActiveRain community. I look forward reading your blogs.

Nov 13, 2015 12:40 PM
Jen DeBolt
Keller Williams - Arden, NV
Luxury and Relocation Specialist in Las Vegas

Thank you all for the warm welcome!  I very much look forward to gaining knowledge on your markets, and getting to "know" you all as well!

Carol, the median condo price here is right at 93k.  That does not take into account for high rise condos (such as those found on The Strip).  The median price for these are 400k, which is phenominal!

 

 

 

Nov 13, 2015 10:42 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jen, congratulations on your first post, welcome to ActiveRain!   Amazing to see prices decrease this time of year.  Would have thought it was a great time to buy in Vegas! 

Nov 13, 2015 11:04 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Welcome to Active Rain!  As REALTORS who have been here (on and off) for more than 9 years, it's well worth it!

Nov 13, 2015 11:17 PM
Nancy Laswick
United Real Estate - Phoenix, AZ
Your REALTOR® For The Valley Of The Sun

Welcome to ActiveRain Jen DeBolt  I hope you'll share information about the Las Vegas market and your thoughts about our amazing industry with us on a regular basis.

Nov 14, 2015 06:15 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Hi Jen DeBolt many of my new friends in North Dakota have come from Las Vegas but I'm surprised values are still dropping.

Nov 14, 2015 10:29 AM
Jen DeBolt
Keller Williams - Arden, NV
Luxury and Relocation Specialist in Las Vegas

Prices have increased steadily in the last 4 years, and experienced a slight decline last month.  New home competition is at an all time high, and they are making it hard to resist.

Nov 14, 2015 11:19 AM
Gary Coles (International Referrals)
Venture Realty International - Las Vegas, NV
Latin America Real Estate

Good evening Jen DeBolt  Congratulations on your first post here in the Rain. I will be following you here on ActiveRain and hope to see posts from you soon. I also would like to invite you to follow my blog and check out some of mine.  

Nov 14, 2015 01:05 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Welcome to active rain. Good luck.

Nov 14, 2015 08:54 PM
Gilbert Real Estate Experts: Colby & Michele Myers
Darcam Real Estate & Investments, LLC. - Gilbert, AZ

Welcome to ActiveRain!  Thanks for sharing.  Best wishes on your blogging adventures! 

Nov 16, 2015 05:26 AM
Mery Fernandez Empire Network Realty Luxury Brokerage
Empire Network Realty INC. - Orlando, FL
The Rise of An Empire, Let's Build Yours!

Hi Jen! Welcome to the world of Activerain, may your blogging  create a whole new chapter in your Real Estate Career.

Nov 16, 2015 10:30 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Interesting stat Jen, what direction are prices heading in Vegas, is this just a one month drop or are they heading downward?

Welcome to Active Rain, looking forward to reading many more of your posts, let me know if there is anything that I can do to help as you get started here.
Bob

Nov 17, 2015 07:38 AM
Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

Not an area I ever deal with, but still some really good information for the rest of us to know. 

Nov 23, 2015 06:14 AM
Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

Welcome to ActiveRain,  it's great to have you aboard.  I look forward to reading more of your posts.

Nov 23, 2015 06:14 AM