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Las Vegas Statistics Las Vegas Statistics

Note: The following Las Vegas Statistics are from the Greater Las Vegas Board of Realtors and are not any specific area. These are average and median prices from all properties sold in Las Vegas. Source: GLVAR

The median price for a 2 bedroom single family home in Las Vegas as of 8/1/09
is approx.  $
100,000

The average price for a 2 bedroom single family home in Las Vegas as of 8/1/09
is approx.  $125,232

 The median price for a 3 bedroom single family home in Las Vegas as of 8/1/09
 is approx.  $121,000

The average price for a 3 bedroom single family home in Las Vegas as of  8/1/09 
 is approx.  $132,847

The median price for a 4 bedroom single family home in Las Vegas as of 8/1/09 
 is approx.  $175,000

The average price for a 4 bedroom single family home in Las Vegas as of  8/1/09
 is
 approx.  $209,422

 The median price for a 1 bedroom Condo home in Las Vegas as of 8/1/09 
is approx.  $49,900 

The average price for a 1 bedroom Condo home in Las Vegas as of 8/1/09
is approx.  $66,864 

The median price for a 2 bedroom Condo home in Las Vegas as of 8/1/09
is approx.  $69,000 

 The median price for a 2 bedroom Condo home in Las Vegas as of 8/1/09
is  approx.  $85,942 

The average price for a 3 bedroom Condo home in Las Vegas as of 8/1/09
is  approx.  $82,400 

The median price for a 3 bedroom Condo home in Las Vegas as of 8/1/09
  is approx.  $104,577 


Difference Between Average and Median Pricing:
An Average
 is calculated by adding up all the values in a distribution and then dividing the sum by the total number of values contained in that distribution. To find a median value, one takes all of the values in the distribution, sorts in ascending order, lines them up and finds the middle value. Source: National Association of Realtors