North Las Vegas Real Estate Trends

By
Real Estate Agent with Keller Williams Realty The Marketplace NV License # 56750

North Las Vegas Real Estate Trends

For February 2011, there were 540 home sales in North Las Vegas with a median price of $110,000.
Of those, 494 were single-family homes with a median price of $115,000. This is a slight increase in sales from January, while pricing remained flat.

Here's a quick look at price, volume and financing trends in the North Las Vegas real estate market.

 

North Las Vegas Real Estate Prices


North Las Vegas Real Estate Sales


North Las Vegas Real Estate Financing



In 2010 there were a total of 7,839 homes sold in North Las Vegas. This area is north of Charleston Boulevard, east of Rancho Road, and west of the I-15 freeway, and includes most of the city of North Las Vegas. The median sale was a 3-bedroom, 1814 square foot home with a selling price of $123,900. The median selling price for a single-family home fell by 4.7% during the year, from $128,000 to $122,000.

To find out more about buying or selling real estate in North Las Vegas, just give me a call at (702) 339-9700, or email me at JohnNovak@kw.com.

(GLVAR deems information reliable but not guaranteed. Data is for MLS areas 101-103.)

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Topic:
Real Estate Market Trends
Location:
Nevada Clark County North Las Vegas
Groups:
ABR-Accredited Buyer Representatives
Market Reports
Market Updates
Posts to Localism
Vacation and Second homes
Tags:
north las vegas homes for sale
north las vegas real estate
north las vegas market statistics

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Rainer
63,700
Brett Reichel
MLO 210215
Pacific Residential Mtg., LLC - NMLS 1477 / WA CL-1477

Thanks!  Great post - I like the stats.  Your market is very interesting to nearly everyone in the country!

Brett

March 27, 2011 01:05 AM
Rainmaker
904,500
Bill Gassett
Metrowest Massachusetts Real Estate
RE/MAX Executive Realty

John I hope the start of the Spring market in treating you well out in North Vegas:)

March 27, 2011 07:43 AM
Rainmaker
1,489,855
John Novak
Henderson, Las Vegas and Summerlin Real Estate
Keller Williams Realty The Marketplace

Brett - You're right about interest; I've had calls from Florida to Washington.

Bill - Activity has picked up this year. Now we need that to lead to more closings!

March 27, 2011 11:52 PM
Anonymous
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Rainmaker
1,489,855

John Novak

Henderson, Las Vegas and Summerlin Real Estate
Ask me about Henderson, Las Vegas, or Summerlin!
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Additional Information

News, statistics, and observations about the residential real estate market in southern Nevada, and my experiences and thoughts about being a REALTOR®.

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