Las Vegas area residential real estate ended on a slow note in January in a continuation of the holiday slowdown (which is pretty par for the proverbial course.) The average sale price was $281,604 which is down about $1700 from December but a healthy jump from the $255,532 of January 2018. Similarly, the number of homes sold in January were down slightly; 4,448 in January versus 4,584 in December.
As the temperatures warm up, we anticipate that the Las Vegas area market will, too. So until next month, Happy Spring!
Information is deemed reliable but not guaranteed.