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June 2016 Las Vegas Real Estate Market Update

Las Vegas area real estate has been in a steady state of recovery for quite some time. As we can see on the graph below, the median home price was at a high point in 2006, hit a low point in the beginning of 2012 and has been increasing slowly but steadily since.

**Median price is the half-way point between lowest and highest prices; half of homes will be below the median price, and half will be above.

 

June 2016

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