Greater Las Vegas Home Prices Dip in October

The Greater Las Vegas Association of Realtors is reporting this week that local home prices slipped in October, with more homes on the market and fewer people electing to buy homes in Southern Nevada compared to the same time last year. GLVAR reported that the median price for existing single-family homes sold in Southern Nevada was $295,025. That was down 1.7 percent from September - when the median home price hit $300,000 for the first time in more than 11 years. October's median home price was still up 12.2 percent from $263,000 in October of 2017.

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