Las Vegas Housing Market 2018
Here’s a look at the Las Vegas Real Estate Market for April 2018. According to a report released on April 6th by the Greater Las Vegas Association of REALTORS® (GLVAR), homes prices continue to rise while inventory numbers shrink as we head in spring.
From March of 2017 to March of 2018, the median price range for homes in Las Vegas went up by 15.7 percent.
March ended with a total of 3,886 condominiums, townhomes, and single family homes sold. That is an impressive increase from the 2,704 sold in February, but the number is down 1.3 percent from last year at this time. The median price range of houses that sold in Las Vegas during the month of March was $280,000. This amount shows an increase of 15.7 percent from March 2017 and an increase of 1.8 percent from the $275,000 of last month.