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Las Vegas Market Trends

Today, December 21, 2009

Median Sales Price in Las Vegas

Embed Info
1 yr 5 yr Max
Las Vegas median sales prices
Number of sold homes in Las Vegas
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$67,000-28.7%$62,180$94,000$125,055
2 bedrooms$80,250-32.0%$84,000$118,000$186,784
3 bedrooms$122,260-24.3%$124,000$161,600$259,004
4 bedrooms$165,000-23.1%$170,000$214,500$346,218
All properties$130,000-27.8%$131,090$180,000$271,028
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Las Vegas Summary

The median sales price for homes in Las Vegas NV for Sep 09 to Nov 09 was $130,000. This represents a decline of 0.8%, or $1,090, compared to the prior quarter and a decrease of 27.8% compared to the prior year. Sales prices have depreciated 52% over the last 5 years in Las Vegas.

The average listing price for Las Vegas homes for sale on Trulia was $318,678 for the week ending Dec 08, which represents an increase of 1.5%, or $4,693, compared to the prior week and an increase of 5.7%, or $17,216, compared to the week ending Nov 17. Average price per square foot for Las Vegas NV was $113, a decrease of 5% compared to the same period last year. Popular neighborhoods in Las Vegas include Las Vegas, Summerlin, Sunrise Manor, Spring Valley, Summerlin South, and Winchester.

 

Average Listing Price in Las Vegas

Embed Info
1 yr 5 yr Max
Las Vegas average property price
Las Vegas – number of properties
No. BedroomsWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
1 bedroom$182,814-2.6%$187,637$191,529$177,776
2 bedrooms$185,396+6.3%$174,332$181,068$166,560
3 bedrooms$195,182-0.3%$195,804$197,237$194,613
4 bedrooms$380,315+2.2%$372,006$375,489$360,629
All properties$318,678+1.5%$313,985$312,024$301,462
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Average Price Per Sqft for Homes in Las Vegas

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1 yr 5 yr Max
Las Vegas average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$214-37.1%$1,527$340$5,046
2 bedrooms$164+21.5%$641$135$936
3 bedrooms$88-19.3%$125$109$287
4 bedrooms$85-20.6%$86$107$178
All properties$113-5.0%$266$119$428
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Popular Neighborhoods in Las Vegas

Neighborhoods Week ending
Dec 9
w-o-w Week ending
Dec 2
Week ending
Nov 25
Las Vegas 1 — 1 1
Summerlin 2 — 2 2
Sunrise Manor 3 — 3 3
Spring Valley 4 — 4 4
Summerlin South 5 — 5 5
Winchester 6 — 6 6

Homes for Sale in Las Vegas

9146 White Rock Peak Street, Las Vegas NV
9146 White…
$160,001
2 br  2 ½ ba
10055 Wild Calla Street, Las Vegas NV
10055 Wild…
$400,001
2 br  2 ba
Address Not Disclosed, Las Vegas NV
Address Not…
$70,000
3 br  2 ½ ba
5760 Royal Castle Lane, Las Vegas NV
5760 Royal…
$450,000
3 br  2 ½ ba
5 Promontory Pointe Lane, Las Vegas NV
5 Promonto…
$10,950,000
5 br  8 ½ ba
9393 Valley Ranch Avenue, Las Vegas NV
9393 Valley…
$165,990
3 br  2 ba
View all Las Vegas Homes for Sale
 
Stats & Trends
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Real Estate Overview

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Community Info

Neighborhoods

Las Vegas

Summerlin

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  • Canyon Gate
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  • Peccole Ranch
  • Spring Valley
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  • Sunrise Manor
  • The Lakes/Country Club
  • Winchester
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  • 89044
  • 89054
  • 89101
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Nearby Cities

Cities
Median
sales price
Average
listing price
Mount Charleston
$323,000
$731,680
Cold Creek
$91,429
$246,000
Henderson
$178,500
$441,557
North Las Vegas
$120,000
$150,331
Boulder City
$233,253
$461,658
Moapa
$135,800
$359,227
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.