February 2019 Spotlight On Las Vegas Real Estate Market

Posted by Las Vegas Homes By Leslie - on Tuesday, March 5th, 2019 at 12:26pm.

Las Vegas Real Estate Market Heating Up!

Las Vegas heatwave

This quick look at the market trends for Las Vegas real estate in February 2019 shows stats are on the rise. With 3 months of inventory, more new listings, and rising prices for homes and condos, this is definitely a good time to be buying or selling a home, condo or townhouse in Las Vegas.

Las Vegas real estate stats for February 2019

Stats provided by GLVAR, the Greater Las Vegas Association of Realtors.

Las Vegas Single Family Homes

By the end of February, the Las Vegas real estate market for single-family homes had 3 months worth of inventory, a 57.9% increase over last year. Pending Sales were up 1.7% and Average Sales Prices were up 3.7%. Homes sat on the market a little longer, 49 days, but still received over 98% of the asking price.

View all Las Vegas single-family homes for sale

Las Vegas Townhouses & Condos

As with houses, townhouses and condos in Las Vegas have a healthy 3 months of inventory (up 66.7%), and 13.7% more new listings. There were 576 Pending Sales on the books and Average Sales Prices were up 12.5%.

View all Las Vegas condos for sale

By Leslie Hoke

Las Vegas Homes By Leslie
8010 W Sahara Ave #150, Las Vegas, NV 89117
Direct: (702) 321-1763 Fax: (702) 224-2146
Premier Realty Group

License #S.0062628

Get Las Vegas real estate tips & the latest news delivered right to your email

Leave a Comment