The median sales price of previously owned single-family homes — the bulk of the market — was a record $325,000 last month, up 3.2 percent from May and 6.9 percent from June 2019.
Housing
A Mediterranean-style mansion on the south shore of Lake Las Vegas has hit the market for $5.95 million, and it’s as if you’re transported to northern Italy with its views overlooking the water.
Despite the uptick, the “process of actually getting those homes built is still being quite dramatically affected” Home Builders Research President Andrew Smith wrote in a report.
Governor Steve Sisolak announced Thursday that the eviction moratorium enacted at the start of the coronavirus crisis will be discontinued in phases over the summer.
At least 230 Nevadans have been slapped with a notice of default over late HOA payments.
The 63-unit Share Downtown, at the corner of Casino Center Boulevard and Colorado Avenue, is scheduled to open later this month, with the first 16 units now available for lease, management announced Wednesday.
Las Vegas house sales plunged last month from year-ago levels, but prices ticked higher, a new report says.
Homebuilding activity dropped sharply in Las Vegas last month amid the pandemic-sparked economic shutdown. But the worst may be over for the local housing market, a new report says.
After Siegfried & Roy’s run ended on the Las Vegas Strip, they made millions in one of Southern Nevada’s other favorite pastimes: real estate.
The market hasn’t collapsed after the coronavirus outbreak shut down much of Southern Nevada’s economy virtually overnight, but tenants have sought rent relief and struggled to pay on time.
A Las Vegas home designed in the 1970s as an underground shelter with five bedrooms, pool, terraces and a waterfall is back on the market.
Las Vegas’ housing market is slowly chugging along, but many buyers have canceled amid skyrocketing job losses, and the sales pipeline has shrunk fast.
Don’t expect a big burst of real estate action anytime soon.
The median sales price of previously owned single-family homes — the bulk of the market — was $310,000 in April, up 3.3 percent from the same month last year.
Las Vegas home prices rose slower than the national average in February, before the coronavirus pandemic started shutting down much of the U.S. economy.
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