Home prices in Southern Nevada are back to record highs.

The median sales price for previously owned single-family homes in July in Southern Nevada was $485,000, up 1 percent from the same month last year, according to a new report from trade association Las Vegas Realtors.

Last month’s median matched the all-time high originally set in January of this year.

At the same time, sales volume has tumbled from a year ago, and inventory has soared.

Buyers picked up 2,021 single-family houses last month, down 5.8 percent from July of last year, according to the association, which pulls data from its resale-heavy listing service.

At the end of July, 7,147 houses were listed for sale without any offers, up 54.2 percent from a year earlier, while 2,622 condos and townhomes were listed without o

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