Las Vegas Real Estate | Las Vegas Homes & Real Estate

Tue 16 Sep 2008

Las Vegas Real Estate

Posted by LVRE under Las Vegas

Las Vegas Real Estate

Las Vegas has come a long way from the days of “Bugsy” Seigel and his infamous Flamingo Hotel with its trademark neon pink flamingos. Today it still maintains its status as a world-class entertainment Mecca, but also family oriented.

As the nation has seen a steady decline in the real estate market there have been as many as 28,000 new homes constructed in recent years in the Las Vegas area. The New York Times recently listed Las Vegas as on of the Top Cities in which to purchase real estate. This could never be more pertinent than in today’s tenuous economy.

As of the 2000 census the population of Las Vegas was 478,434, residing in 176,750 households with 117,538 families making up the cities demographics. Almost one third of the 176,750 contained minor children. Almost half were married and just a little over 10% were listed as single parent households. One third were non-family households and 25% were listed as single individuals. 7% listed as having someone over 65 living with them. The median age is 34 with the median salary approximately $53,000.

The MLS currently list 28,465 available properties broken down into the following property types: 19,067 Single Family Home; 4,678 condominiums, this includes townhouses and Co-Ops. 277 multi-family dwellings, 119 mobile or manufactured homes as well as 3,576 rentals.

There is an incredible selection of real estate currently available in Las Vegas, be it either a five plus million dollar high rise condo in the heart of the city or a more modest home in the suburbs.

Las Vegas is a wonderful place to live, work, and raise a family. The Las Vegas real estate market is clearly a primed market for those who wish to relocate from more costly areas of the nation. If you are interested in finding out more about relocation to Las Vegas or are interested in reviewing current market prices on either homes or condos for sale within the Las Vegas area, please visit: www.senasellsvegas.com

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- 2000 census, Bugsy Seigel, census, Co-Ops, economy, Flamingo Hotel, high rise condo, Households, Las Vegas, Las Vegas Real Estate, married, New York Times, non-family households, population, purchase real estate, rentals, single parent, Top Cities, townhouses
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