Las Vegas Condo Feb 2018

Las Vegas, NV

Mon Feb 12 2018 
This week the median list price for Las Vegas, NV is $208,888 with the market action index hovering around 44. This is an increase over last month's market action index of 41. Inventory has held steady at or around 1021. Click here to stay informed with the Las Vegas market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today

Last Month

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Las Vegas market.

Median List Price		$208,888
Per Square Foot		$170
Days on Market		77
Price Decreased		13%
Price Increased		6%
Relisted		8%
Inventory		1021
Most Expensive		$15,000,000
Least Expensive		$29,500
Market Action Index  Slight Seller's Advantage		44

• Median List Price 

 Market Segments

Click and drag in the plot area to zoom in.

 Avg 7-Day: $130,000

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$580,000	1,735	0 - 4,500 sqft	2	2	12	16	28	105
$264,900	1,251	0 - 4,500 sqft	2	2	13	45	64	73
$165,000	1,145	0 - 4,500 sqft	2	2	24	91	111	51
$112,250	916	0 - 4,500 sqft	2	1	29	76	108	78

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