Realty One Group - Shannon Smith Group

702.809.0203

Sprite Icon instagram

March 2024

Hi,

Google “the most exciting city in the US” and guess who’s number 1 in large bold print.

“Move over, Miami. Las Vegas is the most fun city in the U.S., according to WalletHub’s 2023 ranking.

Home to dazzling lights, endless casinos, and the new Sphere, the city tops the list for its balance of entertainment and affordability. The personal finance company said that while Vegas isn’t the cheapest city to have fun in, it’s fairly in the middle between the costs of activities and food.

Sin City, which earned a 71.38 score, is known as a flashy tourist destination with many attractions, 4.5-star or higher restaurants and is one of the few cities where public drinking is allowed nearly everywhere. Dec 4, 2023”

Believe it or not, home prices rose 4.7% last month compared to January.

Median home values have been hovering around $450,000 for nearly a year. In February the median price was $467K.

Las Vegas Market Snap Shot
TOTAL PROPERTIES AVAILABLE
Single family:  3,354
Condo/ Town homes: 1,208
High Rise Units: 358
Multi-Family, 2-4 Units:  64
Manufactured Homes: 91
TOTAL PROPERTIES IN ESCROW
Single family: 2,549
Condo/ Town homes: 675
High Rise Units:  76
Multi-Family: 2-4 
Units:  29
Manufactured Homes: 47
PROPERTIES SOLD IN JANUARY
Single family: 1,804
Condo/ Town homes: 512
High Rise Units:  61
Multi-Family, 2-4 
Units:  19
Manufactured Homes: 20
MEDIAN SALES PRICE FOR JANUARY
Single family: $467,072
Condo/ Town homes: $286,000
High Rise Units: $488,000
Multi-Family, 2-4 
Units:  $590,000
Manufactured Homes: $200,000
MEDIAN SOLD DOLLAR PER SQFT FOR JANUARY
Single family: $249 per sqft
Condo/  Town homes: $243 per sqft
High Rise Units:  $473 per sqft
Multi-Family, 2-4 
Units:  $193 per sqft
Manufactured Homes: $142 per sqft
SEARCH FOR

WHAT IS MY HOME WORTH?

Selling your home?
We’re here to help you price it right – get a comparative market analysis today.

Required fields are marked *