Foreclosures in and near 89108 - Las Vegas, NV

Las Vegas Real Estate Facts and Amenities

Las Vegas, today, has about 14,855 properties that are in some stage of foreclosure. Las Vegas's foreclosure, based on these statistics, seems to be booming. However, this does not show positive growth in Las Vegas's real estate market. In September, there were 57% more foreclosure filings than during the previous month and it is at least 105% higher from the same time last year. Home sales were about 15% down from the previous month during this past August. They have also gone down by about 22% from the past year as well. One good thing to note is that the median sales price of a non-distressed home is about $159, 900 while the median sales price for a foreclosed home is $137,000. Las Vegas is where people all over the world come to gamble and the city has many famous casinos, such as Caesar's Palace and the Bellagio. There are also a very vibrant club scene in Las Vegas. Its tourism sector is probably what brings the city the most profit.