Get free access to our world class MLS search tools, save your favorite listings, create saved searches & much more!

The Las Vegas Housing Market is expected to remain sound and stable

Posted by Julie Wright on Tuesday, January 7th, 2020 at 12:04pm.

The Las Vegas housing market continues to ride a wave of stability as the median price for an existing single-family home in Southern Nevada last month was just under $313,000.

That represents a 6% jump from December 2018 and a rise from about $307,000 in November of last year.

The all-time high for Las Vegas was $315,000 in June 2006, just before the recession that eventually led to area home prices bottoming out at $112,000 in 2012.

“As we begin a new year and a new decade, I think you can sum up the state of the local housing market with two words — stable and sustainable,” Blanchard said. “We ended last year with a fairly strong month of December, which is usually one of our slowest months.”

Read more on Vegasinc.

Check out some Great Las Vegas Homes Today

New Listings First

No listings were found matching your search criteria.

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!"



Related Blog Posts

Las Vegas Among Top 8 Cities for People Who Hate to Pay Taxes!

April 15th is almost upon us, and if you are like most people, you are sitting hunched over your desk trying to find just one more deduction to claim before dropping your tax return in the mail. So if tax time has got you down, maybe you should consider moving and buying a home in Las Vegas. The following are excerpts...

Flip This House aka Empty Your Wallet

Over the past month, the Las Vegas real estate market has been literally flooded with would-be flippers,  making up to 30 bids each per week.  They are offering anywhere between 70 to 80 cents on the dollar on homes listed for sale around the Valley, hoping to get just one offer accepted so they can get started on th...

Henderson Nevada Home for Sale - 353 Brilliant Summit Circle Henderson, NV 89052

This beautiful Henderson Nevada Home for Sale is a 3 bedroom, 2 bath single-family residence is located in the heart of the affluent master-planned community of Green Valley Ranch. The Henderson home is a much sought-after single story with approximately 1,774 square feet of living area and a 2-car garage. It feature...

4 Common Credit Mistakes Frequently Made By Homebuyers

As I'm sure you know, there are way more than 4 activities that you should or should not do in order to improve your credit, but these 4 in particular seem to trip a lot of clients up and have even been known to ruin the the loan even after an initial approval. So make sure that you stay on the straight and narrow by...

Did You Miss These Tax Deductions?

One of my favorite things to do each year, is to park outside the Post Office on April 15th and watch the parade of cars as last minute procrastinators get in line to post their taxes before the deadline. Miraculously, everyone seems to be in a pretty good mood - after all, we are all in this tax thing together. Jokes...

Leave a Comment

Have a Question?

Contact Us

Follow Us