LAS VEGAS–Southern Nevada home prices ended 2013 on an upswing, with the median price of existing homes up 24% from the same time the year before, according to statistics released this week by the Greater Las Vegas Association of Realtors (GLVAR).

GLVAR reported that the median price of an existing single-family home sold in Southern Nevada during December 2013 was $185,000, up 1.1% from $183,000 in November and up 24.2% from December 2012, when the median price was $149,000. Meanwhile, the median price of existing condominiums and townhomes sold in December was $96,000, down 3% from $99,000 in November, but up 26.3% from $76,000 one year ago.

GLVAR President Heidi Kasama, a longtime local Realtor who succeeded 2013 president Dave Tina starting Jan. 1, said local home prices have been increasing for the past two years, though they have stabilized in recent months. She noted that GLVAR tracked a similar year-over-year increase in local home prices during 2012, when the median price of existing homes sold in Southern Nevada also increased by 24 percent from the start to the end of 2012.