Las Vegas, NV January 2007 MLS Update

Here are the latest real estate market statistics for Las Vegas, NV. These numbers represent single family (SFR) homes and condos. The number of homes on the market where the asking price has been reduced *: 32.3%

Average	December 2006	January 2007	% Change
Asking Price	$352,604	$355,711	0.9%
Sales Price	$341,961	$346,264	1.3%
% of Asking Price	97%	97%	0.0%
$/SQFT	$193	$194	0.5%
Days on Market	110	117	6.4%
Total Transactions	1,164	1,065	-8.5%

Read detailed neighborhood overviews for real estate in Las Vegas, NV. Search for Las Vegas, NV homes and condos for sale. Read more about neighborhood profiles of the greater Las Vegas, NV area.

All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 2/8/2007: 11,065 properties on the market with 3,573 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.