March 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 | March 2021
Median Sold Price = $355,000
*Median is the middle
Median Sold Price this month is exactly the same as last month ... and the month before that.
Average Sold Price = $441,070
*Average is the sum
of the numbers divided by how many numbers are being averaged
Average Sold Price this month is dramatically lower than last month. From $558,240 to $425,243. But not to worry, this just means that fewer high-dollar luxury homes were sold this month from last month.