Due to typical seasonal drops in market activity, it came as no surprise that January sales were down while home prices continued their rise at a gradual pace. Although the median price remains below its 2006 peak of $315,000, it is now nearly double its 2012 low of $118,000. We are also seeing other positive trends in the valley housing market such as fewer distressed sales and a more balanced market in terms of available inventory.
Shawn & Kyle Cunningham
Cunningham Group, RE/MAX Advantage
9555 S. Eastern Ave #270, Las Vegas, NV 89123