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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 1498625
Foreclosure
8501 UNIVERSITY AV
Las Vegas, NV 89147
$98,700
3 beds/2 baths
Listing courtesy of Innovative Real Estate Strateg LAS
Featured picture for the property 1498565
Foreclosure
5364 POLO GROUNDS ST
Las Vegas, NV 89148
$247,500
4 beds/3 baths
Listing courtesy of Haines and Krieger LAS
Featured picture for the property 1498621
Foreclosure
6207 NEWVILLE AV
Las Vegas, NV 89103
$98,000
2 beds/1 baths
Listing courtesy of Titan Real Estate & Investment LAS
Featured picture for the property 1468718
Auction
4470 PETERSON DR
Las Vegas, NV 89103
$115,000
3 beds/2 baths
Listing courtesy of Keller Williams Realty Las Veg LAS
Featured picture for the property 1496746
Auction
1890 PAGO CT
Las Vegas, NV 89117
$541,000
5 beds/4 baths
Listing courtesy of Carrington Real Estate Service 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

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