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Vegas Home Prices Up In November

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(Photo by Ethan Miller/Getty Images)

(Photo by Ethan Miller/Getty Images)

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(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.

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