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Home Prices Increase In February

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(Photo by Justin Sullivan/Getty Images)

(Photo by Justin Sullivan/Getty Images)

tate south Tate South
Email Tate at tate.south@cbsradio.com
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(Las Vegas, NV)  —  There are signs of life in Las Vegas’ home market.  The Greater Las Vegas Association of Realtors says more than 3000 homes were sold in February, a nearly 18% increase from a year ago.  The median price for a single-family resale home rose slightly between January and February, to $121,000.  Condominium and town home sales are also perking up.  The median condo price last month was $60,000, the highest since May 2011.

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