Real Estate Blog: GLVAR

Southern Nevada home prices continue to rise in February

A look at model homes for sale at the Toll Brothers’ first Active Adult Community called Regency at Summerlin on March 3, 2016

Despite an increasingly tight housing supply, the number of Southern Nevada home sales continued to rise in February, the Greater Las Vegas Association of Realtors reported on Tuesday. 

The total number of existing local homes, condos and townhomes sold in February was 2,815, up from 2,676 in February 2016. Compared to one year ago, sales were up 6.5 percent for homes and up 0.4 percent for condos and townhouse. https://lasvegassun.com/news/2017/mar/07/home-prices-continue-to-rise-in-february/?_ga=1.187161640.1292562890.1490153411

Accompanying the tight supply is the continuing increase in prices. The median price of existing single-family homes sold during February through GLVAR's multiple listing service increased to $240,000, up 0.8 percent from January and up 8.9 percent from February 2016. The median price of local condos and townhomes sold in February was $118,000, up 4.0 percent from January, but down 2.9 percent from February 2016. http://www.rosemarielv.net

Winter growth bodes well for local real estate market

The normally slow winter season for the Las Vegas real estate market continued a slight warming trend in March. https://vegasinc.com/business/real-estate/2017/apr/06/winter-growth-bodes-well-for-local-real-estate-mar/

Existing-home prices jumped just less than 1 percent last month, bringing the median resale price to $242,000 in Southern Nevada, according to statistics released today by the Greater Las Vegas Association of Realtors (GLVAR).  Growth in the winter months always flashes as an encouraging sign for the local market, as spring and summer historically stand as the strongest months for home sales. http://www.rosemarielv.net

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and help you with your real estate needs.

agent photo
Regards,
Rosemarie Cortez-Kudo-REALTOR
Signature Real Estate Group
9525 Hillwood Dr., Suite 120
Las Vegas, NV 89134
Phone: 702-232-5407
Fax: 702-948-5212
Email: sammki@aol.com

Quick Search


view all


Any

Any

No Min.

No Max.

Contact Me







* fields are required

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and help you with your real estate needs.

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu