More good news for the Las Vegas housing market. Stability and low prices have been the theme for months, which is a welcomed sight after some turbulent times. For March, the Greater Las Vegas Association of Realtors (GLVAR) reported the median price of single family was $205,000, unchanged from February, but an increase of 5% from 12 months ago. The condominium and townhome market experienced a significant uptick coming in at $115,000, representing a 9.5% increase from last month and a 14% increase from one year ago.
In total, 3,358 Las Vegas homes, Las Vegas townhomes, and Las Vegas condominiums sold in southern Nevada compared to 2,452 in February, and up nearly 250 homes from this time last year. The percentage gains are staggering, with sales
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