Las Vegas home prices rose last month amid a continueddrop in listingsas a trade group said the valley now has a housing shortage.
The median sales price of single-family homes in Southern Nevada in April was $249,000, up 2.9 percent from March and 12.9 percent from April 2016, according to a new report from the Greater Las Vegas Association of Realtors.
Buyers picked up 2,866 such homes last month, down 10.3 percent from March but up 1.7 percent from last April.
Some 5,083 homes were listed without offers at the end of April, down 7.4 percent from March and 30.9 percent from a year ago.
The GLVAR reports data from its listing service, which largely comprises previously owned homes.
“Our housing supply has been tight for a couple of years, but now it’s getting to the point where it’s fair to call this a housing shortage,” GLVAR
Author:Yaniz Beltran Phone: 702-677-9001 Dated: May 26th 2017 Views: 395 About Yaniz: ...
View our latest blog posts in your RSS reader. Click here to access.
Las Vegas home prices rose last month amid a continued drop in li
"When I explained my situation to the Barajas Group I thought I was going to get the same answer from the 3 previous companies. To my surprise and my family they were very dedicated and sincere and after doing what they request I was able to achieve my dream house. Thank you Barajas Group"