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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 1489983
7968 CINA AV
Las Vegas, NV 89147
$145,000
2 beds/3 baths
Listing courtesy of Image Realty Group LAS
Featured picture for the property 1489747
7269 BLOOMING JASMINE AV
Las Vegas, NV 89117
$399,995
4 beds/4 baths
Listing courtesy of Nevada Real Estate Corp LAS
Featured picture for the property 1489771
1605 STARSIDE DR
Las Vegas, NV 89117
$288,800
3 beds/2 baths
Listing courtesy of Urban Nest Realty LAS
Featured picture for the property 1338230
Short Sale
4653 SURVEYOR ST
Las Vegas, NV 89103
$165,000
3 beds/2 baths
Listing courtesy of First Prime Realty Group LAS
Featured picture for the property 1402359
Short Sale
$140,000
3 beds/2 baths
Listing courtesy of Vegas Properties Inc LAS
Featured picture for the property 1450371
6259 HUMMINGBIRD LN
Las Vegas, NV 89103
$254,990
4 beds/3 baths
Listing courtesy of Motion Properties 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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