The median price of existing single-family homes in Southern Nevada rose to $475,000 in June, up 7.7% from last year. Condos and townhomes also saw an increase, reaching a median price of $295,000, up 7.3% from a year ago. Despite a national sales decline, Southern Nevada's housing market is performing well, with more homes available for sale. In June, 4,114 homes and 1,367 condos/townhomes were listed without offers, showing an increase from the previous year. Cash transactions accounted for nearly 27% of all sales in June, up from last year but lower than the peak in 2013.
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