October 2017 Single Family Residential (SFR) closed sales were down 12.8% from October and down 4.6% compared to November 2016.
Year to date 2017 closed sales are still up nearly 9% over 2016.
The median closed sales price of a SFR dipped to $261,400 while the average closed sales price of an SFR dropped to $312,465 which is virtually flat.
Residential resale activity cooled only slightly – leaving us with approximately 1.9 months of inventory.
Year-to-Date luxury sales closings are have surpassed both 2013 and 2015 sales.
Team Leader, The Tonnesen Team
Berkshire Hathaway HomeServices, Nevada
3185 St Rose Pkwy #100 Henderson, NV 89052
With over 30 years of experience helping families call Las Vegas "home!"