Las Vegas Real Estate in September: Sales up 14% YoY, Inventory up 22% 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 Southern Nevada home prices inch up as supply stays tight; GLVAR housing statistics for September 2019 The total number of existing local homes, condos and townhomes sold during September was 3,430. Compared to one year ago, September sales were up 12.9% for homes and up 19.5% for condos and townhomes . As for inventory, by the end of September, GLVAR......(read more)

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