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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 1532844
504 THRUSH DR
Las Vegas, NV 89145
$141,900
2 beds/2 baths
Listing courtesy of SellPro Realty LAS
Featured picture for the property 1532772
Foreclosure
3264 CHERUM ST
Las Vegas, NV 89135
$245,000
3 beds/2 baths
Listing courtesy of Keller Williams Market Place LAS
Featured picture for the property 1533030
9509 QUEEN CHARLOTTE DR
Las Vegas, NV 89145
$999,000
4 beds/4 baths
Listing courtesy of Realty ONE Group, Inc LAS
Featured picture for the property 1402359
Short Sale
$165,000
3 beds/2 baths
Listing courtesy of Vegas Properties Inc LAS
Featured picture for the property 1429158
Short Sale
6389 BUGBEE AV
Las Vegas, NV 89103
$149,900
3 beds/2 baths
Listing courtesy of Lions Realty LAS
Featured picture for the property 1455346
4730 ROCKVALE DR
Las Vegas, NV 89103
$220,000
4 beds/3 baths
Listing courtesy of Bet On Vegas Realty LAS

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