According to a recent report from GLVAR, the median price of single-family homes dipped from $202,500 in September to $199,900 in October. This is down 1.3 percent month-to-month. Year-to-year, the single-family median home price was up 8.1 percent from $185,000 last October.
The recent decline was not unexpected, as home sales typically tend to slow down with the arrival of cold weather and the holiday season.
Read more at the article:
http://www.reviewjournal.com/business/housing/las-vegas-home-resales-ebb-prices-fall-realtors-report-notes
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