March Sales Shows Signs of Recovery Amid Rising Prices
Las Vegas real estate sales in March 2022 showed definite signs of recovery after a slow start in January. Although real estate prices rose an average of 23% in March 2022, buyers remained steadfast. Las Vegas homes and condos virtually flew off the shelf, remaining on the market an average of 21 days. Sellers received an average of 101.1% of their asking price. A shortage of inventory is keeping overall sales from climbing, as folks are demonstrating reluctance when it comes to listing their homes.
Las Vegas Single-Family Home Sales: March 2022
March 2022 Single-family home sales in the Las Vegas area are down -12.6 from March 2021. While the demand remains high, lower sales
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