LAS VEGAS (KTNV) — A report released Tuesday by Las Vegas REALTORS® shows local home prices bounced back in November to an all-time high.

LVR reported the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during November was $488,995.

That’s up 1.9% from November of 2024 – and tops the all-time high of $485,000 reached several times earlier this year.

The median price of local condos and townhomes sold in November was $303,750. That’s up 0.8% from November 2024 – but still below the record high of $315,000 set in October 2024.

“Even with this new record for our median home price, overall trends have been shifting more in favor of home buyers,” said LVR President George Kypreos, a longtime local REALTOR®. “We’re selling f

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