• Skip to main content
  • Skip to header right navigation
  • Skip to site footer

Las Vegas Podcast - Living in Las Vegas

With 5000 people moving here each month, somebody had to spill the beans.

  • LiLV Podcast
  • Hot or Horrible
  • Friends of LiLV
  • About
    • RSS Feeds

Las Vegas Real Estate Sales: Good News, Bad News, Good News

December 10, 2008 | by scaught

According to the Greater Las Vegas Association of Realtor (GLVAR), 2,185 homes were sold in November, which represents a 125% increase from November 2007.  That’s the (very) good news.

Here’s the bad (but not unexpected) news: if you’re a Las Vegas homeowner, the median price of a house dropped 32% from November of 2007, to $186,000.

On the plus side, I would suggest that a median price of $186k makes for a pretty reasonable price to live in an area as large as the Las Vegas Valley.  What’s really good news is that houses are moving quicker off the market.  In November, 47.4% of homes sold within 30 days.


Previous Post: « Station Casinos No Longer Contributing to Employee Retirement Funds
Next Post: Las Vegas "Friend" Added »
Category: Blog Post, Real Estate

Copyright © 2023 · Las Vegas Podcast - Living in Las Vegas · All Rights Reserved · Designed by PodWorx

Privacy | Return to top