Buying A House In Las Vegas 2017 Apr 2026

: The median sales price for single-family homes reached approximately $260,000 by mid-year , a 10.2% increase from the previous year. By March 2017, the median resale price had already hit $242,000.

: Builders in Clark County saw a banner year, with 5,762 new-home sales closed through August, an 18.8% increase over the same period in 2016. The median price for new homes reached $342,973 by late summer. Inventory Challenges buying a house in las vegas 2017

The primary challenge for buyers in 2017 was a severe lack of choices: : The median sales price for single-family homes

: Mortgage rates remained relatively low, providing "cheap borrowing costs" that allowed buyers to manage rising prices. 000 by mid-year