Las Vegas Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $207,000
    4% ( $7,500 ) vs Mar 2014
  • Median Sales Price
    $175,000
    0% ( $50 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $144,600
    6% ( $8,727 ) vs Mar 2014
  • Foreclosures 8,048
    Homes for Sale 5,934
    Recently Sold 11,123

Market Summary

There are currently 8,048 properties in Las Vegas, NV that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 5,934.

In April, the number of properties that received a foreclosure filing in Las Vegas, NV was 9% higher than the previous month and 37% higher than the same time last year.

Home sales for March 2015 were down 37% compared with the previous month, and down 72% compared with a year ago. The median sales price of a non-distressed home was $175,000. The median sales price of a foreclosure home was $144,600, or 17% lower than non-distressed home sales.

Sales Prices - Las Vegas, NV




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$144,600 (Median Foreclosure Sales Price) $135,873 (Median Foreclosure Sales Price) $137,000 (Median Foreclosure Sales Price) $134,900 (Median Foreclosure Sales Price) $135,050 (Median Foreclosure Sales Price) $132,400 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $174,950 (Median Sales Price) $175,000 (Median Sales Price) $173,000 (Median Sales Price) $172,000 (Median Sales Price) $172,500 (Median Sales Price) $144,600 (Median Foreclosure Sales Price) $135,873 (Median Foreclosure Sales Price) $137,000 (Median Foreclosure Sales Price) $134,900 (Median Foreclosure Sales Price) $135,050 (Median Foreclosure Sales Price) $132,400 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $174,950 (Median Sales Price) $175,000 (Median Sales Price) $173,000 (Median Sales Price) $172,000 (Median Sales Price) $172,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Henderson
285
53.7
% (y-o-y)
$235,000
11.9
% (y-o-y)
22.4%
20.1
% (y-o-y)
North Las Vegas
217
55.9
% (y-o-y)
$167,250
9.0
% (y-o-y)
9.7%
8.8
% (y-o-y)
Pahrump
28
76.5
% (y-o-y)
$75,000
15.5
% (y-o-y)
Data not available
Boulder City
13
59.4
% (y-o-y)
$184,875
1.6
% (y-o-y)
Data not available
Overton
5
0.0
% (y-o-y)
$90,000
13.9
% (y-o-y)
Data not available
Meadview
4
33.3
% (y-o-y)
$38,750
52.3
% (y-o-y)
Data not available
Dolan Springs
4
33.3
% (y-o-y)
$40,000
121.0
% (y-o-y)
Data not available
Jean
2
33.3
% (y-o-y)
Data not available
Data not available
Logandale
2
75.0
% (y-o-y)
Data not available
Data not available

Local Info For Las Vegas

Population:
579,786
Cost of Living Index: 115.80
Crime Index: 157.26     Rating: C+ View crime details
Schools: 242    Average School Rating: C+ View individual school rating
Household Median Income: $54,334
Unemployment: 7.40%
Percentage of vacant homes: 13.03%