Report: Las Vegas-area home prices starting to drop

LAS VEGAS, Nev. (FOX5) – Las Vegas Realtors just released the latest housing report. It shows local home prices starting to drop, not by too much though.

The median price of a single-family home was $480,000 in April. That’s down about $5,000 compared to the record high set in the past three months.

The price of condos and townhomes is also down, with an average price of $302,000…

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