Las Vegas Real Estate in September: Sales up 16% YoY, Inventory down 31% YoY

This report is for closed sales in September; sales are counted at the close of escrow, so the contracts for these homes were mostly signed in July and August. The Las Vegas Realtors reported Southern Nevada home prices keep climbing amid housing shortage, LVR housing statistics for September 2020 LVR reported a total of 3,996 existing local homes, condos and townhomes were sold during September. Compared to the same time last year, September sales were up 18.9% for homes and up 6.8% for condos and townhomes. ... By the end of September, LVR reported 4,798 single-family homes listed for sale......(read more)

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