Pahrump residential real estate ends year on high note
Real Estate numbers ended the year on a positive note, which reflects what the area saw much of the year in 2015.
Pahrump saw 47 single-family residential units sold in December at a median price of $180,000. However, with an average price of $436,888, the total inventory sold was $20.53 million, according to numbers released by the Greater Las Vegas Association of Realtors.
The units sold were the highest amount in a single month in all of 2015 and the most homes sold since May 2013 when 48 home were sold in town, at a median price of $135,750.
That number represents a big jump over December 2014 which saw 31 homes sold in the valley, with a median price of $166,000.
In all, 2015 saw 408 single-family residential units sold, which is a jump over 2014, which had 344 homes sold, representing an 18.6 percent increase.
