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Las Vegas Market Trends

Today, November 7, 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. BedroomsJul - Sep '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$63,000-37.0%$65,000$100,000$117,500
2 bedrooms$80,000-41.4%$85,505$136,500$182,875
3 bedrooms$122,794-30.4%$123,862$176,388$250,000
4 bedrooms$168,000-27.0%$171,000$230,000$330,000
All properties$130,000-33.8%$132,500$196,250$260,000
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Las Vegas Summary

The median sales price for homes in Las Vegas NV for Jul 09 to Sep 09 was $130,000. This represents a decline of 1.9%, or $2,500, compared to the prior quarter and a decrease of 33.8% compared to the prior year. Sales prices have depreciated 50% over the last 5 years in Las Vegas.

The average listing price for Las Vegas homes for sale on Trulia was $290,520 for the week ending Oct 28, which represents an increase of 0.9%, or $2,464, compared to the prior week and a decline of 2.4%, or $7,283, compared to the week ending Oct 07. Average price per square foot for Las Vegas NV was $88, a decrease of 38% 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
Oct 28
w-o-wWeek ending
Oct 21
Week ending
Oct 14
Week ending
Oct 7
1 bedroom$180,745+1.6%$177,928$183,860$182,804
2 bedrooms$168,986+0.3%$168,422$175,267$177,095
3 bedrooms$188,936-0.4%$189,692$193,513$192,990
4 bedrooms$342,731+0.6%$340,538$343,683$357,334
All properties$290,520+0.9%$288,056$294,360$297,803
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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. BedroomsJul - Sep '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$145-35.8%$2,962$226$189
2 bedrooms$86-56.3%$1,037$197$164
3 bedrooms$84-39.1%$142$138$161
4 bedrooms$84-26.3%$87$114$180
All properties$88-38.0%$417$142$170
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Popular Neighborhoods in Las Vegas

Neighborhoods Week ending
Oct 28
w-o-w Week ending
Oct 21
Week ending
Oct 14
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 +1 7 6

Homes for Sale in Las Vegas

10276 South Dapple Gray Road, Las Vegas NV
10276 S Da…
$217,900
4 br  2 ½ ba
8680 White River Drive, Las Vegas NV
8680 White…
$114,900
3 br  1 ½ ba
Address Not Disclosed, Las Vegas NV
Address Not…
$59,000
3 br  2 ba
8832 Crooked Shell Avenue, Las Vegas NV
8832 Crook…
$114,500
3 br  2 ba
4544 Coronado Hills Way, Las Vegas NV
4544 Coron…
$83,000
3 br  3 ba
10316 Cherry Brook Street, Las Vegas NV
10316 Cher…
$160,000
4 br  3 ba
View all Las Vegas Homes for Sale
 
Stats & Trends
Las Vegas

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
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Nearby Cities

Cities
Median
sales price
Average
listing price
Mount Charleston
$355,638
$700,852
Cold Creek
$91,429
$228,429
Henderson
$180,000
$406,517
North Las Vegas
$118,423
$145,048
Boulder City
$235,000
$494,291
Moapa
$108,000
$351,785
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Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
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.