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Monday, November 12, 2007

Las Vegas Housing Market - Single Family Residential - October 2007 Market Stats

Availability at End of Period:
# of available units listed: 23,917
Average list price of available units: $447,752

New Listings This Period:
# of new listings: 5,202
Average price of new listings: $413,835

Units Sold This Period:
# of units sold: 974
Change from October, 2006: -42.3%
Average price of units sold: $374,625
Change from October, 2006: +1.5%
Median price of units sold: $274,725
Change from October, 2006: -11.4

The highest number of homes sold in MLS Area 103 (North Las Vegas) - 111 homes sold with the median sold price of $270,000. The average sold price was $422, 230.

The lowest number of homes sold in MLS Area 701 (Boulder City) - 2 homes sold with the median sold price of $427,500. The average sold price was $427,500.

Source: Greater Las Vegas Association of REALTORS.


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