Las Vegas Homes For Sale Continue to Appreciate.
Las Vegas homes for sale reached new highs this year. Between May 2004 and May 2005, the median price of Las Vegas homes for sale rose 13%. The median price for a house broke the $300,000 mark for the first time.
KVBC Las Vegas reports that the number of Las Vegas homes for sale also jumped in 2005, increasing by 50% over a year ago.
Last year, Las Vegas led the nation in home value appreciation, with pricing increasing more than 50%.