Las Vegas Median Price Report Feb.2009

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

This entry was posted on Wednesday, March 11th, 2009 at 5:43 am and is filed under Las Vegas Market Data. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Las Vegas Median Price Report Feb.2009”

  1. Bridget Magnus » Odds and Ends Says:
    March 19, 2009 at 5:05 pm

    [...] 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 [...]

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