Las Vegas home prices rise in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Las Vegas rose by $37,000 while total sales decreased by 0.3%, according to BlockShopper.com.

From January through March of 2018, there were 3,332 homes sold, with a median sale price of $232,000 – a 19% increase over the $195,000 median sale price for the same period of the previous year. There were 3,343 homes sold in Las Vegas in the first quarter of 2017.

The following table compares Las Vegas to other Clark County cities with similar median sales prices in the first quarter of 2018:

City Jan. – Mar. 2018 Home Sales Jan. – Mar. 2017 Home Sales % change (Total Home Sales) Jan. – Mar. 2018 Median Sales Price Jan. – Mar. 2017 Median Sales Price % change (Median Sales Price)
Summerlin South CDP 5 14 -64.3% $374,000 $374,000 0%
Unincorporated 21 23 -8.7% $301,000 $250,000 20.4%
Henderson 1,671 1,682 -0.7% $287,000 $247,500 16%
Las Vegas (unincorporated) 2,089 2,275 -8.2% $255,000 $225,000 13.3%
Boulder City 97 115 -15.7% $245,000 $215,000 14%
Las Vegas 3,332 3,343 -0.3% $232,000 $195,000 19%
North Las Vegas 1,191 1,180 0.9% $228,000 $188,557 20.9%
Mesquite 165 151 9.3% $199,000 $161,000 23.6%
Whitney CDP 233 254 -8.3% $195,000 $155,000 25.8%
Sunrise Manor CDP 809 889 -9% $173,000 $146,000 18.5%
Moapa Valley CDP 33 50 -34% $132,000 $120,000 10%


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