http://www.lvrealty.net/news/category/housing-statistics The taxonomy view with a depth of 0. en http://www.lvrealty.net/news/home-sales-down-2007 <p><img src="http://www.lvrealty.net/files/u3/homesales2007.jpg" alt="home sales 2007" title="home sales 2007" width="500" height="374" align="middle" /><br /> <p align="justify">Overall, <a href="http://www.lvrealty.net/las-vegas/marketstatistics/2007" title="home sales 2007">2007 had the lowest home sales</a> in Las Vegas since 1997. According to the RJ, a total of 43,255 homes were sold last year. At the end of the year, the median new home price dropped 20.1% to $273,359 from December of 2006, according to SalesTraq. Existing home median prices fell as well to $253,000 a 11.2% drop.</p> <p align="justify">Will prices continue to drop? In some areas, prices haven&#39;t dipped that much at all over the course of last year. Location and amenities had a lot to do with homes retaining their value, although new communities are still seeing some increased incentives to buy----some with pricing reductions, others will free extras.</p> http://www.lvrealty.net/news/home-sales-down-2007#comments housing statistics Tue, 26 Feb 2008 06:49:46 +0000 crichey 572 at http://www.lvrealty.net