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The average price as of July 2005 has now surpassed $301,000. Many new home builders are continuing to build at a record pace even though the market is showing signs of stabilizing. Part of the reason for the continued appreciation rates of new homes is the constant influx of out-of-state buyers and retirees to the tune of over 6,000/month. This influx of people as well as the hi-rise "manhattanization of las vegas" effect is continuing to propel prices higher. For more information or to start a new home search, visit our new homes in Las Vegas page.

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