{"id":1004050364,"date":"2012-10-20T19:29:19","date_gmt":"2012-10-21T03:29:19","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=75227"},"modified":"2022-12-09T00:46:02","modified_gmt":"2022-12-09T08:46:02","slug":"home-prices-continue-8-month-rebound-realtors-report","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/home-prices-continue-8-month-rebound-realtors-report\/","title":{"rendered":"Home Prices Continue 8-Month Rebound: Realtors Report"},"content":{"rendered":"

By Alex Girda, Associate Editor<\/p>\n

Continuing its turnaround, Las Vegas’ housing market has recorded eight consecutive months of increasing prices, a trend fueled mainly by diminishing supply and a record number of short sales, the Greater Las Vegas\u00a0 Association of Realtors reported..\"\"<\/a><\/p>\n

In September, 3,298 homes, condo units and townhomes changed hands\u2014about 400 fewer than during the previous month. However, the median price increased 1.4 percent from August to September. Short sales accounted for 44.8 percent of transactions in September.<\/p>\n

The uptick in pricing reflects a continuing contraction of supply, which\u00a0declined slightly from 3,830 condominiums and townhomes in August to 3,805 in September. Last month\u2019s figure also reflects an even more telling decline of 7.8 percent compared to Sept. 2011. Homes listed for sale with no\u00a0pending or contingent offer also dropped 1.0 percent from the previous month.<\/p>\n

According to Kolleen Kelley, president of the local Realtors\u2019 chapter, the market should continue to improve provided that the lid stays on supply. \u201cIf you look at the asking prices of homes being listed for sale, they\u2019re up across the board by double digits compared to this time last year,\u201d she noted.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Continuing its turnaround, Las Vegas’ housing market has recorded eight consecutive months of increasing prices, a trend fueled mainly by diminishing supply and a record number of short sales, the Greater Las Vegas Association of Realtors reported..<\/p>\n","protected":false},"author":237,"featured_media":1004506649,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1593,21742],"tags":[],"class_list":["post-1004050364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-las-vegas","category-latest"],"acf":[],"yoast_head":"\nHome Prices Continue 8-Month Rebound: Realtors Report - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/home-prices-continue-8-month-rebound-realtors-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home Prices Continue 8-Month Rebound: Realtors Report\" \/>\n<meta property=\"og:description\" content=\"Continuing its turnaround, Las Vegas' housing market has recorded eight consecutive months of increasing prices, a trend fueled mainly by diminishing supply and a record number of short sales, the Greater Las Vegas Association of Realtors reported..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/home-prices-continue-8-month-rebound-realtors-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-10-21T03:29:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:46:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/vantage-lofts.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/home-prices-continue-8-month-rebound-realtors-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/home-prices-continue-8-month-rebound-realtors-report\\\/\"},\"author\":{\"name\":\"Anca Gagiuc\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"headline\":\"Home Prices Continue 8-Month Rebound: Realtors Report\",\"datePublished\":\"2012-10-21T03:29:19+00:00\",\"dateModified\":\"2022-12-09T08:46:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/home-prices-continue-8-month-rebound-realtors-report\\\/\"},\"wordCount\":193,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/home-prices-continue-8-month-rebound-realtors-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/vantage-lofts.jpg\",\"articleSection\":[\"Las Vegas\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/home-prices-continue-8-month-rebound-realtors-report\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/home-prices-continue-8-month-rebound-realtors-report\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/home-prices-continue-8-month-rebound-realtors-report\\\/\",\"name\":\"Home Prices Continue 8-Month Rebound: Realtors Report - 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