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Sunday, September 6, 2020

Las Vegas Real Estate Market Update

 

Las Vegas Real Estate Market Update

Click below link to get "LIVE" Update

Median Sales Price By Property Type - Las Vegas & Henderson

Due to low inventory, high demands, and all-time low interest rates, sales price continued to climb in August, 2020 except condominium.

Median Sales Price 

Single Family: $317,000 ($315,000 in July 2020)

Condominium: $153,000 ($154,000 in July 2020)

Townhouse: $229,995 ($225,500 in July 2020)

Closed sale in August 2020 decreased to 39,450 homes from 39,828 in July 2020.

Homes for sale continued to decrease as well in August 2020: 10,724. (11,168 in July 2020).

Eviction moratorium was supposed to be lifted on 9/1/2020, however, it was extended another 45 days.

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