In early 2019 Las Vegas home prices were rising at the fastest rate in the nation. But Las Vegas ended 2019 with some of the slowest-rising prices in the nation. In December, Southern Nevada prices were up 2.6% year-over-year in December, compared to 3.8% nationwide, according to the S&P CoreLogic Case-Shiller index . Phoenix saw a a 6.5% price gain. Charlotte, North Carolina, saw a 5.3% price gain. Tampa, Florida saw a 5.2% price gain. Prices rose just 1% in Chicago and New York. (Las Vegas Review-Journal)
Las Vegas’ housing market had another big jump in sales from year-ago levels as prices stayed relatively flat, a new report shows. (James Schaeffer / Las Vegas Review-Journal)
Home prices rose in every ZIP code in the Las Vegas Valley in 2018 for the second year in a row, according to SalesTraq. Prices grew fastest in older, more centrally located areas. But prices were highest in the suburbs. The top three ZIP codes for price growth were 89119 (29.8%), 89146 (25%) and 89030 (24.6%). The top three ZIP codes for median sales prices were 89138 ($464,500), 89135 ($420,500) and 89052 ($370,000).
Las Vegas house prices are rising Southern Nevada prices were up 12.8 percent year-over-year in October. Nationally, home prices were up 5.5 percent year-over-year . Buyers are pulling back. Around 7,000 Las Vegas houses were on the market without offers at the end of November, up 54 percent year-over-year. Las Vegas home prices have been rising at one of the fastest rates in the country