Friday, July 01, 2005

Las Vegas Real Estate Growth In Numbers

The median prices in various parts of Las Vegas valley is given below

East Las Vegas $186,000

North Las Vegas $232,000

NorthWest Las Vegas $282,000

SouthWest Las Vegas $246,000

South Las Vegas $252,000

Henderson $322,000

South West Las Vegas saw the maximum number of sales - 8,000.

The appreciation rates for the various parts of Las Vegas from last year:

23 percent in the East

41 percent in the North

42 percent in Northwest

44 percent in the Southwest

33 percent in the South

44 percent in Henderson

Total homes sale in Las Vegas is expected to reach 100,000 in 2005 according to respected real estate analyst.