The Greater Las Vegas Association of Realtors recently reported the median price of a single-family home fell $2,500 in January compared to December.

However, the average single-family home price of $382,518 is up 16.4 percent from 12 months ago.

So, despite the slight downturn, it's still good news for Vegas homeowners.

For condominiums and townhomes, the median sales price in January was $196,299. That's up 9.1 percent from last January.

Perhaps Vegas is returning to a more normal housing market. Of course, that's to be expected after 20 to 40 percent appreciation over the past few years.