Las Vegas Home Prices will Increase, say Local Real Estate Agents

Lori Ballen, the owner of this website, benefits from purchases made through her affiliate links.

Nevada has progressively recovered from the housing market crash and continues to do so. Today, the Nevada real estate market is strong.

Confidence in Today’s Housing Prices

Recently The Nevada association of Realtors® (NVAR) held an online survey through the state . It consisted of about 600 Realtors® who were asked  how they feel about today’s housing market.

71% believe there’s been an improvement in the market over the last year. This response is an improvement over the 65% who answered positively in the same survey back in 2015.

“We are feeling positive about what’s happening in Las Vegas yet always keep our eyes open for what might be coming. There is always some sort of speculation on another crash and return of distressed properties such as short sales. What we are seeing today is steady market over what we saw years ago and home prices still rising. The last year has been good for buyers, sellers, and real estate agents in Nevada”, Lori Ballen

Lori Ballen Realtor®, who lives and works in Las Vegas (Summerlin), said the respons in the survey is not surprising. She has seen the same over the past year. There has also been incredible agent count growth in Southern Nevada which indicates people are looking at real estate as a good career again.

People also ask: The Buyer missed the Closing Date, Now what?

Prediction in the future Housing Market

In other surveys, the majority of real estate agents are responding that they expect to see home prices still go up. This prediction covers both resale homes and new construction. Based on this information, anyone thinking of buying in the near future should move sooner than later. It’s a great time to sell a house in Las Vegas and is expected to be over the next 12 months.

The median price range of houses that sold in Las Vegas during the month of March 2017 was $242,000

People also ask: How to I Buy a House in Las Vegas?

See also  Las Vegas Real Estate Market Report - November 2018

Here are homes for Sale in Las Vegas

Click on the price or feature of the Real Estate You would like to see. You'll be taken to a page of MLS listings just as you requested. When you see something you like, Call 1-800-805-8354.
Shop All Las Vegas Homes For Sale


Share This:

Lori Ballen, REALTOR®

Lori Ballen, Realtor

Hi! I’m Lori Ballen REALTOR®. My team serves the Greater Las Vegas area from Summerlin to Boulder City, and everything in between. You can reach us at 702-604-7739.

Contact Lori

Las Vegas Real Estate Market Report
Lori Ballen

Mountains Edge Las Vegas Real Estate Market Report

In April 2019, the average price per square foot of a home listed in the MLS in Mountains Edge was $129. For a quick “do it yourself” market value, take your square footage and multiply it by $129. The rest of the Las Vegas real estate market had an average of $133 per square foot for April.

Read More »