Median Las Vegas home price in February stays stable

Tuesday, March 8, 2005 | 10:59 a.m.

In February 2005 local housing prices continued to remain fairly stable, for both single-family homes and condos and townhomes, statistics from the Greater Las Vegas Association of Realtors show.

The median price of houses sold in February that were listed in the association's Multiple Listing Service (MLS) was $286,000, compared with $285,000 in January. The median price of condos and town homes sold in February for units listed in the MLS was $180,000, unchanged from January.

There were 14,041 available single-family homes listed in the MLS in February, and there were 4,283 new listings.

Statistics are based on records from the MLS, which is largely made up of resale homes listed houses with a Realtor.

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