Las Vegas Real Estate Median Prices New Home Sales
Las Vegas new home prices are a strong indicator of the purchasing power of home buyers in the Las Vegas market. If median prices are increasing over a period of time then the Las Vegas market is strong and supply is low or moderate compared to buyer demand.
The graph and numbers below represent the median sold price of Las Vegas residential new homes. Las Vegas sales of land, multifamily, etc. are not included. The numbers are pulled from the Southern Nevada Home Builders Association. Relevant sales for this graph are Las Vegas single family residences. The numbers are usually pulled annually and no warranty or guarantee is provided by the SNHBA so these numbers are informational only. Please see the site disclaimer.
Las Vegas Median Prices
It is important to track the median prices in the Las Vegas market to get a feel for where it is headed.
Numbers below are in hundreds of thousands of dollars for Las Vegas new homes sold annually. The results are listed in reverse order with oldest dates at the bottom and most recent at the top.
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Graph in Thousands of Dollars: |
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Amount |
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| 2007 |
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$280,085 |
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| 2006 |
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$335,315 |
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| 2005 |
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$309,990 |
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| 2004 |
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$290,287 |
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| 2003 |
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$209,611 |
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| 2002 |
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$186,827 |
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| 2001 |
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$178,920 |
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| 2000 |
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$161,893 |
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| 1999 |
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$147,750 |
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| 1996 |
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$127,250 |
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| 1990 |
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$116,990 |
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