LAS VEGAS (DQNews) -- Home sales rose more than usual in the Las Vegas region last month compared with May but fell short of a year earlier amid exceptionally weak new-home sales. The median price paid for a home dropped from both May and a year earlier as foreclosure resales and sub-$100,000 transactions accounted for a higher portion of all transactions, a real estate information service reported.In June, 5,262 new and resale houses and condos closed escrow in the Las Vegas-Paradise metro area (Clark County), up 15.1% from May but down 5.1% from June 2010, according to San Diego-based DataQuick.. The firm tracks real estate trends nationally via public property records.
Las Vegas Homes Draw Absentee, Cash Buyers
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