A look back by zip code of Las Vegas real estate appreciation.
Notice how the boom starts in 2003 at the edges of Las Vegas Valley, in places like Summerlin, Green Valley/Seven Hills, and Lake Las Vegas.
In 2004, everything is appreciating with Southern Highlands and Aliante showing big gains.
By 2005, the boom has subsided in the suburbs and moved to the older areas around Downtown Las Vegas and The Strip.
Finally, in 2006 prices have flattened out all over Las Vegas Valley.
2007 maybe more of the same before a upturn in 2008? Only time will tell. . .
2006 - 2007 Las Vegas Real Estate Appreciation by Zip CodeNotice how the boom starts in 2003 at the edges of Las Vegas Valley, in places like Summerlin, Green Valley/Seven Hills, and Lake Las Vegas.
In 2004, everything is appreciating with Southern Highlands and Aliante showing big gains.
By 2005, the boom has subsided in the suburbs and moved to the older areas around Downtown Las Vegas and The Strip.
Finally, in 2006 prices have flattened out all over Las Vegas Valley.
2007 maybe more of the same before a upturn in 2008? Only time will tell. . .
Stabilization of Prices in 2006
2005 - 2006 Las Vegas Real Estate Appreciation by Zip CodeOlder areas around Downtown and The Strip catch up to suburbs.
2004 - 2005 Las Vegas Real Estate Appreciation by Zip CodeAll areas appreciating rapidly, especially the edges of the Valley.
2003 - 2004 Las Vegas Real Estate Appreciation by Zip CodeBoom starts at the edges of Las Vegas Valley in 2003.
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