(Las Vegas, NV) Home prices continue to rise in Las Vegas. The Greater Las Vegas Association of Realtors says nearly 27-hundred single-family homes were sold in November, down more than 15-percent from a year ago. But the median home price is now 146-thousand dollars, up nearly 17-percent over November 2011.
Short sales now account for four out of ten transactions. Foreclosure sales are down in Vegas, but still make up nearly 11-percent of total home sales.