Please note that this is is only for Single Family homes in Las Vegas and technically for May data but we are reporting it in June. Currently there are 3893 available homes and 2226 homes have closed in the last 30 days. The absorption rate is roughly 1.75 months so this is how ling is is taking to sell your home. The average sales price is $562,000 while the median sales price is $445,000. This year is predicted to be one of the slowest years in the last 10, but with the demand not slowing down, only time will tell.
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