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Las Vegas Home Prices Rise 7.5% Annually

March 7, 2016

 

 

The Greater Las Vegas Association of Realtors reported that the median price of a single family resale jumped 7.5% above the same time in February last year.  The median price for a single family home is now $220,350.

 

In an article in the Las Vegas Review Journal the median price of a condo or townhouse rose even more to 15.7% or $121,500.

 

GLVAR President Scott Beaudry stated "Our home prices and home sales tend to warm up with the weather, so I think we're well-positioned to have a solid spring and summer.  Unless something dramatic happens, I expect our recent trends of steadily rising prices and sales to continue this year."

 

 

Read more:

 

 

 

http://www.reviewjournal.com/business/sales-price-existing-las-vegas-home-jumps-75-percent

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