The average sale price of single-family homes in Southern Nevada was an even $300,000 in September, which marks the highest transaction amount since June 2006 when it peaked at $315,000, according to the Greater Las Vegas Association of Realtors.
The Las Vegas mansion where pop icon Michael Jackson once lived is up for sale for $9.5 million. The 1.7-acre compound with seven bedrooms and 12 full bathrooms is at 2710 Palomino Lane, near Rancho and Alta drives.
Some home owners may be having some Irish luck and finding a big pot of home equity. And, Las Vegas may have the luckiest home owners of all. Home shoppers who purchased a home in the Las Vegas metro area in January 2012 may have seen their home value increase a whopping 75 percent, on average.