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2019 Q3 Las Vegas Land Market Research Report

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LAS 19Q3 LAND 1536x1040

Residential Land Prices Climb

Land sales decreased in the third quarter of 2019. A total of 349 acres were sold with a sales volume of $123.8 million and an average price of $8.14 per square foot.

>> Land sales decreased in the third quarter of 2019

>> Number of sales, acres sold and sales volume all decreased

>> Sales were dominated by commercial and residential land



MR LAS 19Q3 LAND 175x227

This was a weaker performance than in the third quarter of 2018 in terms of acreage sold and sales volume, but an improvement in terms of price per square foot. Much of this difference can be put down to large sales of industrial land at Apex during the third quarter of 2018.

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MR LAS 19Q2 LAND 250x196

2019 Q3 Las Vegas Land Market Research Report

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