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Land Resources / News / Nevada
Valley land values slide downward in second quarter
Source: LVBusinessPress.com, by Tony Illia
August 09, 2010 
Valley land values continued spiraling downward in the second quarter as bank foreclosures and distressed sales battered prices, Las Vegas-based business advisory firm Applied Analysis reports. Southern Nevada land values averaged $154,664 an acre at the end of June, or $3.55 per square foot, excluding higher priced resort property. That was a 39.4 percent year-to-year decrease, according to Applied Analysis.
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