April 2016 Las Vegas Real Estate Market Update

    Housing Development

    The golden days have returned for Las Vegas homeowners.  Average days on market are down, total sales are up, and price per square foot is up in all categories except one.  Find your market update for your price point below:

    Under $250,000 Market Update
    • 58 Average Days on Market
    • 2,312 Total Sales
    • 2,874 New Listing
    • $165,674 Average List Price
    • $163,245 Average Sales Price
    • $110 per Square Foot

    Click to view infographic.

    $250,000 – $500,000 Market Update
    • 64 Average Days on Market
    • 931 Total Sales
    • 1,644 New Listings
    • $335,345 Average List Price
    • $327,345 Average Sales Price
    • $135 per Square Foot

    Click to view infographic.

    $500,000 – $750,000 Market Update
    • 81 Average Days on Market
    • 77 Total Sales
    • 272 New Listings
    • $604,683 Average List Price
    • $583,683 Average Sales Price
    • $166 per Square Foot

    Click to view infographic.

    $750,000 – $1 Million Market Update
    • 123 Average Days on Market
    • 24 Total Sales
    • 62 New Listings
    • $860,888 Average List Price
    • $825,707 Average Sales Price
    • $210 per Square Foot

    Click to view infographic.

    $1 Million – $2 Million Market Update
    • 89 Average Days on Market
    • 18 Total Sales
    • 81 New Listings
    • $1,284,244 Average List Price
    • $1,198,550 Average Sales Price
    • $266 per Square Foot

    Click to view infographic.

    $2 Million and Up Market Update
    • 89 Average Days on Market
    • 8 Total Sales
    • 22 New Listings
    • $2,957,373 Average List Price
    • $2,530,000 Average Sales Price
    • $337 per Square Foot

    Click to view infographic.

    If this post didn’t answer all of your market questions, please let us know! Email marketingdirector@teamdrivenrealestate.com with even your toughest questions, and we will get them answered for you. Click here to visit our Homepage and sign-up for our Monthly Newsletter. Receive this info conveniently in your Inbox along with other tools!

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