Las Vegas housing market sees record condo prices at $315K, despite many homes unsold.

In October, the Las Vegas housing market saw a rise in inventory and record high prices for condos and townhomes, with a median price of $315,000, up 14.3% year-over-year. Single-family homes had a median price of $475,531, a 5.9% increase from last year. Despite these price increases, many homes remained unsold: 5,784 single-family homes and 1,799 condos and townhomes. The market may shift after the election, according to Las Vegas Realtors.

November 06, 2024
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