Residential Real Estate In Las Vegas Median Prices Record Level Fall
Wednesday, February 11th, 2009 Residential real estate in Las Vegas, NV prices median home prices decline that haven’t been seen for six years. Prices were looking good for the end of Dec. 2008, but prices and sales took a dive.
Median Las Vegas home prices fell to a record low in 2003. The January price was a 8.6 percent decrease from Dec. and year to date huge 36 percent decrease.
The Greater Las Vegas Association of REALTORs or, GLVAR, show a 126.2 percent gain of year to date totals, but fell 11 percent from a month earlier. Home sales levels topped 2,000 at May and finished the year at the same level.
Monster home sale prices at Maravilla Homes in 
42,000 square feet second Las Vegas