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No. 2 Las Vegas

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No. 2 Las Vegas

Change in Condo Price (2007:Q2-2008:Q2): -28.6%
Median Condo Price: $164,000

"Cities like Las Vegas overbuilt and are stuck with oversupply," says Condo.com’s Swerdlow. Luxury condos in the outlying Las Vegas area are facing an especially rough time.