Coldwell Banker Premier Realty

The Las Vegas Rental Market

Strengthening throughout 2015 for Single Family and Multifamily Projects
Posted by John McClelland on February 22, 2016 in  uncategorized
After many years of flat rental growth (even negative in 2012), single family rentals experienced strong growth for all of 2015, experiencing year-over-year gains of between 2.2% and 5.5% on a monthly basis, measured with average price per square-foot. Marketing times for single family rentals have also been historically low with median days on market dropping to 13 days in the Summer of 2015 and finishing the seasonally weaker December at 26 days, far below the historical peaks of over 40 days.Figure 1: Average Pr... read more
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Market Snapshot

January 2016 Data
Posted by John McClelland on February 19, 2016 in  uncategorized

  • Single Family Home Prices are up 9.3% year-over-year
  • Home prices have been essentially flat for the past several months
  • Closed transactions are up slightly from the same period last year


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