Overview Las Vegas Real Estate Market-Condo, Town-Homes 2016

Masoud Saberzadeh Las Vegas Real Estate Market Analysis Blog 1 Comment

The median sales price for Las Vegas condos and town-homes appreciated by 8%-10% last year

In this video, we take a look back at the Las Vegas real estate market for condos and townhomes in 2015 to show that the median sales price of Las Vegas condos and townhomes, excluding high-rise condos have increased by 8%-10%. We also provide an overview the market for 2016.


If you don’t like videos, please see video transcript of Las Vegas real estate market overview condo, townhomes 2016 here

We have shown that the median sales price of Las Vegas Valley condos and town-homes appreciated by about 8%-10% in 2015 and given the unusual market activity in December last year, barring surprises 2016 should be similar to past year.

Please find the graphs and charts that we used in Las Vegas real estate market 2016- condos and town-homes video below

Monthly median sales prices for Las Vegas condos and town homes, the number of sold units, the ratio of sales price over asking price and median days on the market, excluding Las Vegas high rise condos. You can horizontally scroll the tables to see all data

DateJANFEBMARAPRMAYJUNEJULYAUGSEPOCTNOVDEC
GLVAR Median sales price$105$105$115$115$112$115$115$110$119$105$111.5$117
Our Median sales price$100$98$100$106$105$106.5$108$105$110$99$102$110
Sold units389433559556554579565554508527432537
Sales price/asking list97%97%97%97%97%98%98%98%98%98%97%98%
Days on Market434844363836383535353536

January 2015 GLVAR Las Vegas real estate housing market report

GLVAR reported the median price of local condominiums and townhomes sold in December was $105,000, down 5.8 percent from $111,450 in November, but up 9.4 percent from one year ago.

February-2015 GLVAR Las Vegas real estate housing market report

GLVAR reported the median price of all local condominiums and townhomes, including high-rise condos, sold in January was $105,000. That was unchanged from December, but up 10.5 percent from one year ago.

Greater Las Vegas condos and town-homes units sold in 2015

Overview Las Vegas Real Estate Market-Condo, Town-Homes 2016 was last modified: August 2nd, 2017 by Masoud Saberzadeh