The GLVAR, Greater Las Vegas Association of Realtors, reports that trends in the Las Vegas real estate resale housing market have continued through October with homes for sale prices remaining stable.
The number of available single-family Las Vegas homes listed in the Las Vegas MLS through October was 23,474. That’s up nearly 13 percent from the previous housing inventory Las Vegas MLS record of 20,815 set in September and is an increase of nearly 54 percent from last October.
The Las Vegas Multiple Listing Service shows the median price of single-family homes in the Las Vegas area last month was $310,000, about the same as last month and up less than 1 percent from last year Las Vegas MLS statistics.
The total number of sold homes in Las Vegas real estate for October was 1,689, down nearly 3 percent from September and down 34.4 percent from one year ago.
The median home sales price for Las Vegas townhomes and condos for sale prices remained at an even $200,000. This price is up 2.6 percent from the same time last year.
Las Vegas condos and Las Vegas townhomes a total of 357 units were sold, down 18.5 percent from the previous month and down 45.2 percent from the previous year.
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Las Vegas homes sales figures through Oct. with stable homes sale prices from the Las Vegas MLS.