02/26/2018
Las Vegas Housing Market Predictions 2018
Here’s a look at the Las Vegas Real Estate Market for February 2018. According to a report released on February 13th by the Greater Las Vegas Association of REALTORS® (GLVAR), prices for homes are still up by greater than 11 percent from this time last year.
From January of 2017 to January of 2018, the median price range for homes in Las Vegas went up by 11 percent.
January ended with a total of 3,204 condominiums, townhomes, and single family homes sold. The median price range of houses that sold in Las Vegas during the month of January was $265,000. This amount shows an increase of 11 percent from January 2017 but a decrease of 1.1 percent from the $267,900 of last month. Due to the 46,598 homes sold in 2017, Las Vegas saw the best year for sales since 2011. In fact, we closed 2017 as the third year with the best sales overall.