Realtors association not worried
Las Vegas-area home prices have recovered from their one-month dip.
19-month increase streak ends
Las Vegas home prices keep rising, with the median sale price of a single-family home hitting $182,000 in August.
The Las Vegas housing market continues to sizzle, with a new report putting the median sale price of existing single-family homes at $180,000.
High demand and low inventory drove Las Vegas home prices up in May.
Home prices in the Las Vegas area are up 7.3 percent from a month ago and nearly 31 percent from last year as supply stays short.
Southern Nevada’s housing market started 2013 in much the same way it ended 2012, with rising prices and a tight supply.
With Las Vegas home prices rising yet again in December, the Greater Las Vegas Association of Realtors says the area ended last year in positive territory.
Las Vegas home sales continued to decline in July, but prices inched up, according to the Greater Las Vegas Association of Realtors.