The median home price in the city of Reno just reached half a million dollars for the first time, and real estate experts say they’re seeing record median sales of homes
Home prices in Southern Nevada set a new record in September, with the median price for an existing single-family home $337,250, according to the industry group Las Vegas Realtors.
That’s up from $335,000 in August and up 8.8% from the median of $310,000 in September 2019.
Sales of homes in Las Vegas dropped in August, but prices went up.
Las Vegas Realtors reports that the median price of a single-family home was a record $335,000, up 1.5 percent from July and 9.8 percent from August of last year.
LAS VEGAS (AP) — A new trade organization report says Southern Nevada home prices hit a record mark in June and sales increased dramatically from the previous month even as the coronavirus pandemic continues.
The median sales price of a home in the Las Vegas Valley remained flat again for the third month in a row.
According to the latest report from the Greater Las Vegas Association of Realtors, the median price of a home was $300,000 in May, unchanged from April and March.
Las Vegas’ realtor association has predicted improved sales this spring
But the Las Vegas Review-Journal reports that resales are still well below 2018 levels, and the number of ignored listings remains much higher than it was a year ago.
The median sales price of homes in Las Vegas from November has remained flat since the previous month.
The Greater Las Vegas Association of Realtors released its monthly report this week showing the median sales price of a single-family home in Las Vegas was $295,000.
