Las Vegas homeowners are selling their properties at the fastest pace since the boom years, but prices remain well below that time, a new report shows.
A total of 18,912 single-family homes and condos were sold in Southern Nevada in the first half of 2015, the most for the January-June time frame since 2006, according to RealtyTrac.
The median sales price last month was $173,000, down 42 percent from a peak of $300,000 in December 2006.
Meanwhile, 12.3 percent of homes sold in July were in the foreclosure process but not yet bank-owned, down from 16 percent a year ago.
Nationally, 1.34 million homes were sold in the first half of the year, the most for that window since 2007, and 6.4 percent of homes sold last month were in the foreclosure process, down from 8 percent a year earlier, RealtyTrac reported.