Las Vegas Real Estate in February: Sales Down 7% YoY, Inventory up 105% YoY

This is a key former distressed market to follow since Las Vegas saw the largest price decline, following the housing bubble, of any of the Case-Shiller composite 20 cities. The Greater Las Vegas Association of Realtors reported Local home prices dip below $300,000 as homes sell at slower pace, GLVAR housing statistics for February 2019 Local home prices dipped below $300,000 in February while fewer properties changed hands and more homes were on the market than one year ago. That's according to a report released Wednesday by the Greater Las Vegas Association of REALTORS® (GLVAR).......(read more)

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