Wednesday, Dec. 26, 2012 | noon
The Las Vegas housing market continued its upward trend last month.
There were 596 new home sales in November in the Las Vegas Valley, with a median closing price of $219,285, according to a report this week from Las Vegas-based Home Builders Research.
That compares to 365 new home sales in November 2011 at a median price of $204,221.
Local builders pulled 478 new homes permits last month, nearly double the 250 pulled in November 2011.
There were also 3,978 recorded resales last month. The median closing price, $133,000, was up almost 17 percent from $114,000 a year earlier, according to Home Builders Research.
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