An article in the Las Vegas Review Journal stated that home and condo sales are up, way up as a matter of fact. Strangely you won’t see much else in the media about how robust the Las Vegas condo market has become this year. According to statistics provided by the Greater Association of Las Vegas Realtors, 392 condos and townhomes were sold in the month of November. The median price sales price was $90,750, that’s down nearly 50 percent from a year ago. Statistics are based on resale condos only, excluding any private sales not involving a Realtor.
Foreclosures are having an impact on the market, adding inventory and driving down prices. If you are thinking about buying a condominium, call me at 702-493-8033. I’ll email you the latest condo listings that match your criteria. Thanks for reading the Las Vegas condos blog.
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