Las Vegas Sun

April 24, 2024

Real Estate in Las Vegas

Homes for sale are shown in the Villas at Black Mountain development near Horizon Ridge Parkway and Gibson Road in Henderson Wednesday, June 1, 2011.
Demand for Las Vegas condos, townhomes drives prices to all-time high
Sept. 6, 2023
The median sales price of local condos and townhomes reached an all-time high of $287,000 in August, while single-family homes around the valley remained relatively stable at $447,435, according to a Wednesday release from Las Vegas Realtors. The median price of homes ...
The Las Vegas skyline and homes are shown from over the ridge of a construction site for a new residential community at the edge of North Las Vegas, Aug. 11, 2018.
Report: Single-family homes in Vegas sold for $450K on average in July
Aug. 8, 2023
The median sales price of existing single-family homes in Southern Nevada was $450,000, increasing 2% from the previous month but down just over 3% compared to the same ...
house life raft
This time around, homeowners are better positioned to weather a recession
July 31, 2023
Though fears of an oncoming recession remain potent, Las Vegas mortgage experts say existing and aspiring homeowners shouldn’t worry about a housing market crisis to rival that ...
Vegas Inc Presents The 2023 Real Estate Awards
Vegas Inc Presents The 2023 Real Estate Awards
July 27, 2023
A region’s real estate market is often representative of the area’s growth and progress, and while housing markets are known to experience fluctuations, Las Vegas has never failed to bounce back.
A home for sale is shown in a residential area near Wigwam Avenue and Buffalo Drive Thursday, June 9, 2022.
Report: Las Vegas home prices hit plateau in June
July 6, 2023
The median sales price of a single-family home in Southern Nevada was $440,990 in June, putting an end to a steady increase of local home prices in recent months, according to a report by ...
The Concord Group, a national real estate consulting firm, says foreclosures of existing homes, like these in Henderson, are making it hard for builders to sell new homes. The company thinks the local new-home market will recover within three years, later than some local experts predict.
Home sale prices in Las Vegas bounce back slightly in May, still down from '22
June 6, 2023
The median sales price of a single-family home sold in the Las Vegas area in May was $442,120, according to a report this morning from Las Vegas Realtors. That’s a 2.8% increase ...
In this Feb. 8, 2008, file photo, a for-sale sign stands in front of a bank-owned home in Las Vegas.
Home prices in Las Vegas rise in April; listings without offers soaring
May 9, 2023
Local home prices in Southern Nevada rebounded slightly in April, with a median sale price of $430,000 for existing single-family homes and $270,000 for condos and townhomes, according to a release today from Las Vegas Realtors. The median price of existing single-family homes sold in ...
This February 2016 photo shows a house for sale in the Las Vegas Valley.
Home prices 'remarkably stable' in March, say Las Vegas Realtors
April 6, 2023
The median sale price of homes in Southern Nevada last month was $425,000 for single-family homes and $260,000 for condos and townhomes, as the local housing market in 2023 remains “remarkably stable,” according to a Thursday release ...
Siegfried & Roy's former home is shown Friday, March 10, 2023.
Siegfried & Roy mansion hits Las Vegas housing market at $3M
March 10, 2023
The real estate market in Las Vegas has gotten a bit wilder with the mansion of internationally known late magicians Siegfried & Roy up for sale, touting homeowner essentials like central air conditioning … and tiger cages. It entered the Las Vegas housing market ...
Clark County moving forward on rental lottery despite homeowners' resistance
March 7, 2023
Clark County is continuing to move forward on its short-term rental lottery plans despite continued protests and a District Court ruling of illegalities in the ordinance governing it.
After a period of relative stability, home prices in the Las Vegas Valley are headed down again.
February home prices similar to Jan.'s but down from last year
March 7, 2023
The median sale price of a single-family home in Southern Nevada was just under $425,000 in February, as more homes became available for sale and fewer changed hands compared to ...
A home for sale is shown in a residential area near Wigwam Avenue and Buffalo Drive Thursday, June 9, 2022.
January home prices in Las Vegas down 2.3% from 2022
Feb. 5, 2023
The median sale price of a single-family home in the Las Vegas area was $425,000 in January, according to figures released this morning by the Las Vegas Realtors trade group. The price is ...
A home for sale is shown in a residential area near Wigwam Avenue and Buffalo Drive Thursday, June 9, 2022.
Median Las Vegas home prices fall back to mark at end of 2021
Jan. 6, 2023
The median price of an existing home in Las Vegas was the same at the end of last year as it was at the end of 2021.
Home prices have been appreciating steadily at about 10 percent annually for the past few years. Although that pace may be cooling heading into the fall, GLVAR President David J. Tina said he still has a positive outlook for the local housing market.
Home prices in Southern Nevada continue slow fall in November
Dec. 6, 2022
The impact of rising interest rates on home mortgages is being felt in the Southern Nevada housing market, according to a report released this morning from Las Vegas Realtors. The median price of an existing ...
A home for sale is shown in a residential area near Wigwam Avenue and Buffalo Drive Thursday, June 9, 2022.
Las Vegas Valley home-price decline continues but slowing
Nov. 8, 2022
Existing home prices in Southern Nevada continued a downward trend last month, according to a report released Tuesday.