What a Difference a Month Makes! Overall closings for 2016 are approximately 10% higher than last year. The median closed sales price of a Single Family Residence (SFR) improved to $229,000 in May resulting in a 3.5% increase while the average closed sales price of an SFR soared to $272,795 representing a 7.8% increase over April, which was … More Las Vegas Real Estate Market Update – June 2016