Existing-home sales in Las Vegas Valley post best showing in 14 months

Robison, Jennifer
June 2008
Las Vegas Business Press (10712186);6/30/2008, Vol. 25 Issue 26, pP17
The article reports on the sales of homes in Las Vegas, Nevada in May 2008. According to Home Builders Research and Sales Traq, sales of existing homes were higher compared to sales of newly built homes. Experts reportedly said that inexpensive foreclosures are dominating the market of higher priced new homes. Median resale price in May was posted at $215,000 versus $269,900 for foreclosed and new properties, respectively.


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