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.