Las Vegas real estate trends form Trulia

Las Vegas median sales prices
Number of sold homes in Las Vegas
No. Bedrooms Jun – Aug ’13 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $62,914 +6.1% $60,000 $59,270 $101,751
2 bedrooms $94,000 +25.3% $90,000 $75,000 $143,000
3 bedrooms $150,000 +30.4% $140,000 $115,000 $183,900
4 bedrooms $199,195 +24.6% $190,000 $159,900 $244,161
All properties $165,000 +28.9% $152,803 $128,000 $204,866

Las Vegas Summary

The median sales price for homes in Las Vegas NV for Jun 13 to Aug 13 was $165,000. This represents an increase of 8%, or $12,197, compared to the prior quarter and an increase of 28.9% compared to the prior year. Sales prices have depreciated 19.5% over the last 5 years in Las Vegas. The average listing price for Las Vegas homes for sale on Trulia was $369,997 for the week ending Sep 18, which represents an increase of 2%, or $7,349, compared to the prior week and an increase of 3.3%, or $11,765, compared to the week ending Aug 28. Average price per square foot for Las Vegas NV was $106, an increase of 7.1% compared to the same period last year. Popular neighborhoods in Las Vegas include Las Vegas, Summerlin, Sunrise Manor, Spring Valley, Summerlin South, and Winchester.

Average Listing Price in Las Vegas

Las Vegas average property price
Las Vegas – number of properties
No. Bedrooms Week ending
Sep 18
w-o-w Week ending
Sep 11
Week ending
Sep 4
Week ending
Aug 28
1 bedroom $216,405 -2.3% $221,612 $225,268 $225,281
2 bedrooms $219,573 -2.6% $225,335 $225,462 $217,617
3 bedrooms $285,765 +11.1% $257,326 $259,783 $257,384
4 bedrooms $393,717 -1.2% $398,565 $394,987 $394,204
All properties $369,997 +2.0% $362,648 $364,992 $358,232

source