Las Vegas Home Prices Continue to Rise, but Remain Below Peak

According to a recent report by Las Vegas Realtors, the median price of existing single-family homes in Southern Nevada increased by 9.4% year-over-year to $465,000 in March. Condos and townhomes also experienced a price increase of 8.7% to $282,500. Despite the gains, prices remain below the all-time highs recorded in 2022. The housing market is showing signs of recovery after a slow 2023 due to tight supply and high mortgage rates. However, the supply of homes for sale remains low, which continues to put upward pressure on prices.

Portland’s Inner NE Real Estate Market: A Weekly Roundup

In the past week, Portland’s inner NE neighborhood witnessed a flurry of residential real estate transactions, with 23 properties changing hands. The most expensive sale was a single-family house at 4447 N.E. Shaver Street, which commanded a price tag of $1.4 million. The average sale price stood at $621,677, while the average price per square foot was $382.

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