First Quarter 2015 Housing Summary

During the first quarter of 2015, home prices increased each month by an average of 7.6% over the first quarter of 2014. Closed properties have dropped by an average of 2.3%. Short sale closings have decreased from 1,149 to 704. Cash transactions have decreased from 3,536 to 2,615. Bank owned sales have decreased from 3,536 to 2,615. Bank owned sales have decreased from 855 to 724 in the first quarter of 2014 to 2015, which is a decrease of 15.3%.

Click on the images below to view the latest Las Vegas housing summary and price appreciation reports:

 

Shawn & Kyle Cunningham
Cunningham Group at RE/MAX Advantage
(702) 823-0855 Shawn
(702) 823-0840 Kyle