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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 1542189
1569 BOUNDARY PEAK WY
Las Vegas, NV 89135
$368,800
3 beds/3 baths
Listing courtesy of Horizon Realty Group LAS
Featured picture for the property 1542495
Foreclosure
9400 QUEEN CHARLOTTE DR
Las Vegas, NV 89145
$750,000
3 beds/3 baths
Listing courtesy of Kim's Realty Solutions LAS
Featured picture for the property 1542496
933 BANNOCKBURN ST
Las Vegas, NV 89145
$254,000
2 beds/3 baths
Listing courtesy of RE/MAX Advantage LAS
Featured picture for the property 1538376
Auction
9167 SHORT HORSE CT
Las Vegas, NV 89147
$213,200
3 beds/3 baths
Listing courtesy of Realty Executives The Edge LAS
Featured picture for the property 1527967
Auction
4277 APEX DR
Las Vegas, NV 89147
$206,500
3 beds/3 baths
Listing courtesy of Real Home Services & Solutions LAS
Featured picture for the property 1521157
Foreclosure
5306 CIELO ORO ST
Las Vegas, NV 89113
$162,700
3 beds/3 baths
Listing courtesy of BHHS Nevada Properties LAS

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