Single-Family Las Vegas Homes Prices Are On The Rise

Single-family home prices are on the rise! Is it because the local real estate market is still hot? Is it because Las Vegas condos are still on the rise? Some analysts say yes. They say proof is in the stats.

The Greater Las Vegas Association of Realtors says that the average price for single-family home was $314,950 for the month of March.

That is an increase of almost 7% for local homes from the same time last year.
Greater Las Vegas Association of Realtors said single-family homes increased almost $6,000 or right at 2%, from $309,000 in February.