Las Vegas Real Estate Market Outlook Today
Things are somewhat looking up in the housing market for Las Vegas Nevada according to ALTOS research for data was updated April 4, 2012. however there is caution urged due to the amount of homes that are left in REO inventory yet to come to the market.
The median single-family home price is $140,566
The median price per square foot is about $73
There about 4002 properties on the market for sale down for nearly 14,000 a year ago.
Foreclosures are predicted to rise in the coming months.
the banks are estimated to have some 41,000 homes yet to be released into the market for resale.