Las Vegas Real Estate Blog

Business Las Vegas is reporting that Las Vegas Valley land prices have begun to return to normal…well normal by Las Vegas standards.

In 2005, Applied Analysis found that the average price per acre was $479,200. This was a 38% increase over the previous year. Fourth quarter 2005 found the average price per acre at $367,200. This was a 47% decline quarter over quarter and a 28% decline from the year-ago quarter.

For more information, contact MillionSaverHomes.com a local Las Vegas real estate broker at 702.212.3513.

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This entry was posted on Monday, April 3rd, 2006 at 8:39 am and is filed under Las Vegas Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.