This month’s featured market is the greater Las Vegas area, which has seen steady growth over the last year with increasing home prices and local sales. According to a report released by Greater Las Vegas Association of REALTORS® (GLVAR), both local home sales and home prices saw double-digit increases compared to June 2014.

“It’s good for our local homeowners when prices are appreciating at a healthy pace like this and more homes are selling,” said 2015 GLVAR President Keith Lynam, a longtime local REALTOR®.

Over the past year, the median price of single-family homes sold has increased 10.1% and the median price of condos and townhomes has increased by 5.5%. As for the total number of existing local homes sold, GLVAR reports a 14.2% increase over the previous year!

Nevada and the greater Las Vegas area is also a hot spot for international buyers. According to research by Omniture Discovery, Las Vegas is one of the top five U.S. cities for which potential foreign buyers have been most actively searching online. International clients from Canada, Australia, Germany, and the Netherlands are all interested in property in the greater Las Vegas area and with international sales in the U.S. reaching nearly $104 billion this year, the Las Vegas market could continue to grow in global popularity!

Check out ListHub’s 30 day snapshot below to see the Las Vegas stats from June: