by Admin MARKET UPDATE ON SALES ACTIVITIES FOR THE MONTH OF MAY, 2024 Published: Friday, June 14, 2024 10:55:20 AM Key Highlights Median price of existing single-family homes sold in Southern Nevada in May 2024 was $473,000, up 7.0% from May 2023. Median price of local condos and townhomes sold in May 2024 was $295,000, up 7.3% from May 2023. 3,091 existing local homes, condos, and townhomes sold in May 2024, up 3.7% for homes and up 0.9% for condos and townhomes from May 2023. Local housing supply in May 2024 equates to less than two months, which is similar to one year ago. Distressed sales (short sales and foreclosures) remain near historically low levels, accounting for 1.1% of all existing local property sales in May 2024. Comments (0) Comments Member User name First Name Last Name Gender Marital status City Country About Me Activities Last Activity: Comments: Ratings: Leave your comments here: Don't you have anything to say ? ;-) Invalid. Can't contain links. Name (required): What's your name? Invalid. Can't contain links. Email me about follow up comments Combined code from above:
by Admin MARKET UPDATE ON SALES ACTIVITIES FOR THE MONTH OF MAY, 2024 Published: Friday, June 14, 2024 10:55:20 AM Key Highlights Median price of existing single-family homes sold in Southern Nevada in May 2024 was $473,000, up 7.0% from May 2023. Median price of local condos and townhomes sold in May 2024 was $295,000, up 7.3% from May 2023. 3,091 existing local homes, condos, and townhomes sold in May 2024, up 3.7% for homes and up 0.9% for condos and townhomes from May 2023. Local housing supply in May 2024 equates to less than two months, which is similar to one year ago. Distressed sales (short sales and foreclosures) remain near historically low levels, accounting for 1.1% of all existing local property sales in May 2024.