Las Vegas Market Updates

 

 Greater Las Vegas Association of Realtors December 2010 Statistics


New Home Information


AVAILABLE SINGLE FAMILY UNITS LISTED - 12,417 <-1.3% MONTH OVER MONTH>

AVAILABLE CONDO/TOWNHOUSE UNITS LISTED - 2713 <-14.7% MONTH OVER MONTH>

NUMBER OF SINGLE FAMILY UNITS SOILD (NOV '10 TO DEC '10) -3,117 <+12.2% MONTH OVER MONTH>

NUMBER OF CONDO/TOWNHOUSE UNITS SOLD (NOV '10 TO DEC '10) - 1,056 <+21.4% MONTH OVER MONTH>

AVERAGE PRICE OF SINGLE FAMILY UNITS SOLD - $163,736 <+0.7% MONTH OVER MONTH>

AVERAGE PRICE OF CONDO/TOWNHOUSE UNITS SOLD - 81,491 <+6.4% MONTH OVER MONTH>






New Home Information

January-December 2010

New Home Sales (all products) 5,314
New Home Permits* 4,550
Existing Home Sales 42,673
New Home Median Price**
$218,080
Existing Home Median Price $119,000

*Permit activity increased 18 percent compared with activity in 2009
**The median price of a new home reflects traditional product types and omits high/mid-rise prices

Source: Home Builders Research Inc. of Las Vegas. HBR is at www.homebuildersresearch.com, or e-mail
to hbr1@cox.net.

 

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