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Greater Las Vegas Real Estate Market Overview

Posted by Julie Wright on Monday, November 6th, 2017 at 9:51am.

October 2017 Single Family Residential (SFR) closed sales were up 1.6% from September and up 13.2% compared to October 2016.

Year to date 2017 closed sales are still up 9.8% over 2016.  

The median closed sales price of a SFR dipped to $263,000 while the average closed sales price of an SFR jumped to $313,032 for a modest 1.2% increase.  

Residential resale activity continues to be brisk – leaving us with approximately 1.8 months of inventory.  

Year-to-Date luxury sales closings are on the verge of surpassing both 2013 and 2015 results and are up nearly 42% over last year.

 

 

 

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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