Coldwell Banker Premier Realty

The Las Vegas Condo Market is Interesting Again

Prices move rather dramatically against low supply
Posted by John McClelland on December 14, 2016 in  uncategorized
We normally focus most of our attention on the single family market since the Clark County housing stock is dominated by single family. However, condominiums, which make up about nine percent of the housing stock, has gained our attention due to price movement within the sector. In year-over-year measured from November, median prices are up almost 16% while single family homes have risen by 9%. Median days on market for condominiums has shrunk to 23 days while single family also remains at a below typical 27 days.M... read more


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