Las Vegas Real Estate in March: Sales Down 16% YoY, Inventory up 92% 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 inch up to $300,000 as homes selling at slower pace; GLVAR housing statistics for March 2019 Local home prices inched back up to the $300,000 mark in March while fewer properties changed hands and more homes were on the market than one year ago. So says a report released Monday by the Greater Las Vegas Association of REALTORS® (GLVAR). .........(read more)

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