Admittedly, I was somewhat apprehensive pulling the stats together for the June 2020 report on Las Vegas real estate sales. But, after running the numbers, I've got every reason to be optimistic. Although sales haven't reached 2019 heights, sales for both single-family homes and condos have increased since May, and prices are also on the rise. Sellers are getting over 98% of their asking price and homes are selling quicker than ever, after an average of just 38 days on the market.
Las Vegas Single Family Home Sales for June 2020
Single-Family Home sales surpassed April and May by 47% with 1,596 Closed Sales.
Single-Family Home Closed Sales
May: 1,084
June: 1,596
Average Sales Price
May: $375,241
June: $378,957 up 6.7% from June 2019