For Sale: Homes 60% Off! Some even more. Las Vegas prices continue to drop as the median price of a 1500sf home is nearly 60% off its peak of $295,000 to $123,950. That’s a monthly payment less than $950.00! Great news for those locked out of the market for the past few years. 2500sf homes dropped more than 7% in the last 30 days after increasing 2% the month before. February marks the eleventh consecutive month of price declines – but the end is in sight.
CLICK HERE TO DOWNLOAD MEDIAN PRICE REPORT
[...] again and foreclosure sales are up. Prices are down roughly 60% from their peak, and have declined for 11 straight months. But the rate of decline is slowing. Greed and fear say to wait for prices to fall more, but the [...]