January 08, 2021 at 1:47pm | Shauna Gut

January 2021 | Your Area Statistics

Here's your guide to finding out what's going on in your particular area of town.

Let's look at the map below.

You'll notice numbers in different areas of town. Those numbers are probably not something you've seen before.

However, these numbers are how real estate agents have sectioned the valley.

First, let's find your area on the map; be sure to remember the correlating code.

Next, let’s take a closer look at what’s happening in your neighborhood.

You'll get to see how your particular area of town relates to the overall Las Vegas Statistics.

As a reminder...

Las Vegas Area | January 2021

Median Sold Price = $345,000

*Median is the middle number

Average Sold Price = $558,240

*Average is the sum of the numbers divided by how many numbers are being averaged

The fact that the Average is so much higher than the Median tells us that there were more higher priced homes selling this month, bringing UP the average.

Notables This Month:

  • Compared to last month’s sales, most areas were the same or showed a slight decrease in Median Sold Price. 

  • The exceptions were: 

    • Area 202 - East; $235,000 to $250,000

    • Area 302 - South; $286,500 to $292,000

    • Area 401 - North West; $252,500 to $282,500

    • Area 403 - North West; $320,000 to $325,500

    • Area 501 - South West; $323,000 to $334,000

    • Area 502 - South West; $450,000 to $453,000

    • Area 503 - South West; $365,000 to $390,000

    • Area 606 - Henderson; $470,000 to $480,000



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