Photo by Ethan Miller/Getty Images

Vegas Housing Market in a Downward Trend

Las Vegas housing market ended 2018 on a downward trend. There was a big drop in sales and a big increase in available homes for sale. A new report from the Greater Las Vegas Association of Realtors says the number of homes that traded hands was down more than 18% from december 2017. The number of homes listed for sale with no offer was up 72% from the end of 2017. The median sales price of single-family homes last month was $295,250, up 10.2% from a year ago.