Salestraq, which provides our local database for new home sales and floor plans, also provides some excellent, easily understandable reports on current real estate market trends in Las Vegas. Below is the latest report that was released with the pertinent sales statistics through the end of August 2013. Since then, the market has remained relatively stable and no major changes are anticipated through the end of the year.
Salestraq Report on Recent Market Activity
THE BOTTOM LINE... The housing market remains a hot topic for those who analyze the Las Vegas economy and are keeping a close eye on its pace of recovery. Nevada has gone from the fastest appreciating housing market in the United States, to the fastest depreciating market in the United