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LVR: Las Vegas home prices break record

Posted at 6:40 AM, Jul 07, 2020
and last updated 2020-07-07 09:47:16-04

Home prices in Las Vegas have broken a record.

According to new numbers from the Las Vegas Realtors, the median price for a single family home was $325,000 in June. That tops the previous record of $319,000 set in March.

The LVR adds that home sales increased nearly 45% last month, and while inventory is tight, more homes are being added.