Over 100 Percent Increase Of Las Vegas Homes Sold In February 2009

ForeclosuresOver 108.4 percent increase of Las Vegas homes sold in February 2009 from the same month a year ago according to the multiple listing service data.  Foreclosures and bank owned properties dominate the Las Vegas real estate market, approximately three-fourths of sales, drive median prices downward.  This trend will continue forward of sales due to falling prices.

The amount of single family homes sold during February 2009 was 2,288 units, an increase of 2.9 percent from Jan.  This was a huge increase from last year’s total.  Because of the distressed property domination the median price of residential real estate declined 36.9 percent year to date and came in at $155,603.

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North Las Vegas Homes For Sale Near Providence Have Buyer Discounts

Las Vegas HomeNorth Las Vegas homes for sale near Providence have buyer discounts.  The new homes by Harmon Homes are adjacent to the master plan of Providence Las Vegas.

12 home sites have a minimum of $10,000 discount and the largest floor plan is $95 per square foot.  The new north Las Vegas homes are priced from $179,000 to $213,000.

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Homes For Sale In Las Vegas Real Estate Fall To $77 Per Square Foot

Harmony HomesHomes for sale in Las Vegas real estate fall to $77 per square foot.  A new floor plan offered by Harmony Homes is located in their Harmony Pointe Collection in North Las Vegas.

The new North Las Vegas homes offer their largest floor plan with five bedrooms and three bathrooms.  The new home is 3,023 square feet with large living areas.

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New North Las Vegas Homes Offer Builder Incentives To New Home Buyers

Franklin Park HomesNew north Las Vegas homes offer builder incentives to new homes buyers.  Special pricing and some included home furnishings will be included with the purchase of a home by Meritage Homes until the end of February.

New home designs have been introduced for 2009.  The 10 new plans include efficient use of space that are affordable to first time home buyers.  Four neighborhoods that will showcase the designs are Andover, Brookline, Salem and Concord at Northern Terrace.

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