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August 22, 2007

North Las Vegas, NV Market Update for July 2007

Here are the latest real estate market statistics for North Las Vegas, Nevada area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 46.5%*

Average June 2007 July 2007 % Change
Asking Price $310,592 $293,940 -5.4%
Sales Price $400,653 $288,581 -28.0%
% of Asking Price 137% 98% -28.5%
$/SQFT $220 $152 -30.9%
Days on Market 75 73 -2.7%
Total Transactions 296 266 -10.1%

Search for homes in North Las Vegas, NV and read a neighborhood overview of the North Las Vegas, NV area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 5,514 properties on the market with 2,564 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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