The data is in on the Las Vegas Real Estate market for the second quarter of 2018 and the numbers are impressive.
Las Vegas Real Estate New Housing Trends
New and Existing Homes Sold the last 12 months, 54,600.
Median Price New and Existing Homes the last 12 months, $267,100.
Single Family and Multi-Family Permits the last 12 months, 10,351 and 3,497
New Home Permits, Q2 2017: 4,274
Q2 2018: 6,106 an increase of 30%
New Home Closings, Q2 2017: 4,156
Q2 2018: 5,156 an increase of 19.4%
Median New Home Price, June 2017: $332,931
June 2018: $389,393 an increase of 14.5%
Las Vegas Real Estate Top Builders by Closing (last 12 months)
- DR Horton
- KB Home
- Richmond American Homes
- Pulte/Del Webb
- Century Communities
- Pardee Homes
- American West
Las Vegas Real Estate ReSale Statistics
Monthly Closed Sales for June 2017: 3,556
Monthly Closed Sales for June 2018: 3,265 a decrease of 8.9%
Median Sales Price for June 2017: $253,170
Median Sales Price for June 2018: $290,000 an increase of 12.7%
Monthly New Listings for June 2017: 3,927
Monthly New Listings for June 2018: 3,892 a decrease of .9%
Total Dollar Volume Sold for June 2017: $1,056M
Total Dollar Volume Sold for June 2018: $1,103M an increase of 4.3%
Thank you for reading our post, Las Vegas Real Estate: Market Report Q2, 2018. For more Las Vegas real estate market news, information on homes for sale, or general real estate information please visit our website www.jackwoodcock.com or visit our Facebook page https:www.facebook.com/TheJackWoodcockGroup/
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