Las Vegas region home sales posted their sixth consecutive year-over-year gain last month as distressed properties continued to rule the market. With so many sales involving foreclosures the median sale price slipped to $150,000 - the lowest since spring 2001, a real estate information service reported. A total of 3,317 new and resale houses and condos closed escrow in the Las Vegas-Paradise metro area (Clark County) last month, up 6.1% from January and up 28.2% from a year ago, according to MDA DataQuick. The San Diego-based firm tracks real estate trends nationally via public property records. February marked the 11th consecutive month in which sales of existing single-family detached houses rose on a year-over-year basis, while resale condos have seen an annual sales gain for eight straight months. Total home sales have been held down by the sharp decline in new-home sales, which have fallen on a year-over-year basis for 32 consecutive months. The 322 new detached houses and condos sold in February was the second-lowest monthly new-home total on record low for any month in DataQuick's complete Las Vegas statistics, which go back to 1994. The lowest month for new-home closings was January 2009, when 249 sold. The median price paid for all homes sold in the Las Vegas metro area fell to $150,000, down 5.7% from $159,000 in January and down 40.0% from $250,000 a year ago. Last month's 40.0% annual drop is a record for any month in DataQuick's Las Vegas statistics.