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Revised numbers say February Vegas home prices increased

Friday, April 1, 2005 | 11:08 a.m.

Research firm SalesTraq issued a revision of its February housing numbers today.

The price of an existing house in the Las Vegas Valley in February actually increased during that month -- not decreased as previously reported by the firm.

The price of a resale house in the Las Vegas Valley in February was $261,500 -- an $11,000 increase over January. SalesTraq had previously reported that the price of a house had a month-to-month decrease of $15,000.

February's price was 34 percent higher than in February 2004, when the price for a resale house was $195,000, SalesTraq reported.

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