Vegas Median List Price And Asking Price Per Square Foot

Vegas Median List Price And Asking Price Per Square Foot

Las Vegas's median list price for homes was $274,777 this week.  An even better number to know: the asking price per square foot is $127. Use this number to compare properties because it's a better benchmark than just price.

The Las Vegas Market Action Index, calculated by Altos Research, reported we are in a "Seller's Advantage" market. That's because, in my humble opinion, our inventory of realistically priced homes is disastrously low.

Our median sales price last month was $220,400.  Do the math. Do you think sellers are overly optimistic? Or are our prices moving up? (Yeah!) What do you think?

((hugs)) BETH Ellyn

The Las Vegas Real Estate Concierge

Managing State Broker, Nevada

Facebook: Las Vegas Propportunities

Twitter: @yale1974

Beth Ellyn Rosenthal Headshot
Phone: 702-324-6911
Dated: December 2nd 2015
Views: 109
About Beth Ellyn: ...

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