Las Vegas Market Update – April 2011

March Soars Past February and Betters Last Year! Single family residential (SFR) closings for March were up 31% from February and 6.6% better than March 2010. The median sales price of an SFR dipped 1.6% to $125,950.  Overall inventory continues to slowly shrink while available REO inventory remains steady at the 2800 level.  Average SFR closings …

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