Here are some highlights from the monthly report of the Greater Las Vegas Association of Realtors:

GLVAR reported the median price of single-family homes sold through its Multiple Listing Service during September was $202,500, up 1.3 percent from an even $200,000 in July and August and up 12.5 percent from one year ago. Meanwhile, the median price of condominiums and townhomes sold in September was $104,250, down 0.7 percent from $105,000 in August, but up 9.7 percent from one year ago.

“Our housing prices went up slightly last month, but they really haven’t changed much these past few months,” said GLVAR President Heidi Kasama, a longtime local REALTOR®. “Our market is entering a more stable time, with inventory levels increasing slightly and price increases moderating. Overall, I still think this is a great time for buyers to enter the market since they have more homes to choose from, as well as historically low mortgage interest rates.”

Kasama pointed out that GLVAR’s median local home price is still well below the June 2006 peak of $315,000. Single-family home prices bottomed out at a median of $118,000 in January 2012 before increasing by 24 percent per year in 2012 and 2013.