Residential sales in the Las Vegas Valley have rebounded year over year, according to multiple reports as some industry experts see a potential light at the end of the tunnel and the return of a balanced market. Closed home sales in February were up 33.6 percent compared to the same month last year, according to Remax’s spring report, which uses Multiple Listing Service data. There were 2,956 closed transactions during the month, but also a marked rise in two other metrics: active inventory was up 15.4 percent and new listings were up 13.3 percent. This is a sign of the market “normalizing” after the roller-coaster ride residential real estate went on during the pandemic, Remax Advantage agent Robert Little said. “Inventory is up year over year, giving buyers more choices and slightly more negotiating power,” he said. “With more competition on the market, pricing and presentation are more important than ever. The days of simply listing and waiting are behind us.…