Las Vegas Real Estate: Home Prices Hold Steady in February

The prices of Las Vegas homes remained fairly stable in February for single-family homes as well as condominiums and townhouses, the Greater Las Vegas Association of Realtors reported Tuesday. The median price of single-family Las Vegas homes in February was $286,000, relatively unchanged from January but up 39.4 percent from the same month a year ago. Las Vegas condo and townhouse units showed the same trend at $180,000, a 52.5 percent increase from a year ago but unchanged from January. Real estate in Las Vegas is hardly a bursting bubble.

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