Las Vegas Housing Market Update - July 2019
As of today, we have 7827 single family homes listed for sale in Las Vegas and Henderson. Condos, town homes and high rise properties add 2469 options for buyers. Total number of homes for sale is 10,296. That’s a slight drop from the 10,432 we had available on the day we did last month’s report. It’s 63% more inventory of homes for sale than in our July 2018 update.
We sold 3064 single family homes in July, up slightly from 2904 in June. Buyers picked up 757 condos and town homes in July. Total homes sold was 3821. That was a nice increase from the 3671 we sold in June. It’s a 5.5% drop from how many we sold in July 2018.
The median home price dipped slightly to $303K, a .3% decrease from…