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Nia Henderson-Young, Keller Williams Realty LV

Nia Henderson-Young

(702) 212-2222
(702) 245-9218

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Our Market Right Now

 

LAS VEGAS - The median price of a home sold in Las Vegas rose in May to $170,000. That represents an increase of 1.8 percent from April, and an increase of 32.8 percent from 2012.

"Historically, this is a time of year when home sales and prices usually heat up," said Greater Las Vegas Association of Realtors President Dave Tina in a statement. "But as we've been saying for several months, our home prices have been going up rapidly this year. This appreciation means more local homeowners have more equity in their homes, and fewer homeowners are underwater... We're hoping these rising home values convince more homeowners who've been considering a move to put their homes on the market, because we really need more homes to sell."

Three thousand and 74 homes sold in May - a slight uptick from April, but a decline of 9.9 percent from 2012. The number of homes available on the Las Vegas market fell to 13,814 in May.

Tina says for the first time in years, traditional home buyers outnumbered investors on local home sales so far this year.

Source: http://www.8newsnow.com/story/22546952/las-vegas-home-prices-rise-in-may


 

Featured picture for the property 1511977
533 INDIAN BLUFF ST
Las Vegas, NV 89145
$99,500
3 beds/2 baths
Listing courtesy of Gavish Real Estate LAS
Featured picture for the property 1512031
6348 ELMIRA DR
Las Vegas, NV 89118
$145,000
2 beds/2 baths
Listing courtesy of Greenville Realty LAS
Featured picture for the property 1511967
3925 LILAC HAZE ST
Las Vegas, NV 89147
$285,000
3 beds/3 baths
Listing courtesy of RE/MAX Central LAS
Featured picture for the property 1506464
Auction
7254 ELDORA AV
Las Vegas, NV 89117
$551,300
5 beds/5 baths
Listing courtesy of Innovative Real Estate Strateg LAS
Featured picture for the property 1329201
Auction
8609 SURTIDOR DR
Las Vegas, NV 89117
$273,000
4 beds/3 baths
Listing courtesy of North American Realty of NV LAS
Featured picture for the property 1501274
Foreclosure
7879 BERMUDA DUNES AV
Las Vegas, NV 89113
$599,900
3 beds/4 baths
Listing courtesy of Keller Williams Realty Las Veg LAS

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LAS The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo.
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