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Greater Las Vegas Real Estate Market Overview

Posted by Mastura Zaini-Roberts on Friday, October 6th, 2017 at 9:11am.

August 2017 Single Family Residential (SFR) closed sales were up 4.2% from July and 5.1% better than August 2016.

Year to date 2017 closed sales are now up 10% over 2016.  

The median closed sales price of a SFR remained flat at $260,000 while the average closed sales price of an SFR dipped to $294,696 for a 2.86% decrease.  

Residential resale activity was brisk again in August leaving us with approximately 1.7 months of inventory. 

SFR closings,  Condos/Townhome closings, Hi-Rise sales closings and Luxury Sales closings continued to make gains as well.

     

     

     

Mastura Roberts
(702) 919-5400
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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