View the Las Vegas Homes report…September 29, 2010..

Las Vegas homes currently have a median list price of $139,000. That is a drop of $1,000 since last week and is due to the increase in inventory of Las Vegas houses. If there is a further increase in houses for sale in Las Vegas we are likely to see more downward pressure in housing prices. This is a short term trend as the median price for the past year has hovered around the $140,000 price range for Las Vegas homes for sale.

In a “real time market profile” the Las Vegas home has a median list price of $139,000 which means the average asking price per square foot for this Las Vegas property is $77. The average days on the market to sell this Las Vegas house is 148 days. The percentage of Las Vegas properties with a price decrease is 36%. Meanwhile, 6% of the Las Vegas homes are relisted and 6% of the homes in Las Vegas have a price increase (meaning they were flipped by lreal estate investors.)

The median size home in Las Vegas is 1,801 Sq. Ft. and has a lot size between 4,501 – 6,500 Sq. Ft. This median home in the Las Vegas real estate market has 3 bedrooms and 2 bathrooms.

When you have a question about Las Vegas real estate in any of the Las Vegas zip codes
If you have any questions about Las Vegas foreclosures or Las Vegas short sales…
When you have questions about a Las Vegas relocation…
Contact an experienced Las Vegas Realtor
Bob and Jackie Simmons
The Realty One Group

1 Comment

  • […] short sale houses for sale in Las Vegas zip codes are on the rise. We also know from the latest September 2010 Las Vegas Homes Report that the inventory of Las Vegas homes for sale is increasing while at the same time the median list […]

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