Las Vegas home sales, prices increase in September

Fri, Oct 9, 2009 (10:23 a.m.)

Las Vegas area home sales and prices bounced back in September after declining in August.

The Greater Las Vegas Association of Realtors reported today that the 3,358 home sales were 4 percent more than in August. The median price was $138,000, 1.8 percent higher than the $135,500 median price in August.

The sales of town houses and condos increased as well in September — the 859 sales were 6 percent more than in August. The median sales price of $65,720, however, fell 0.9 percent.

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