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December 2017 Greater Las Vegas Real Estate Market Overview

Posted by Mastura Zaini-Roberts on Thursday, December 7th, 2017 at 1:27pm.

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. 

 

Mastura Roberts
(702) 710-3330
offers@greatlasvegashomes.com

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!"

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