Las Vegas housing market shows signs of stabilization with a slight decline in median single-family home prices to $480,000 and condo prices averaging $302,000. Inventory has surged, with single-family home listings up 78% and condos up 91% year-over-year, easing buyer competition. The market now offers over three months of housing supply, indicating a more balanced environment with stable prices and...
2025
In March, Las Vegas home prices rose slightly, with a median listing price of $469.9K, and the price per sq ft increased 0.2%. There were 5,399 homes for sale in Las Vegas, up 7.3% MoM and up 73.8% yearly....
Las Vegas offers diverse real estate opportunities driven by population growth, economic diversification, and infrastructure investment. Key submarkets like Summerlin, Henderson, and Downtown attract residential and commercial development. Success requires local expertise, off-market insights, and on-site evaluations. Amenities like pools boost property value in the hot climate. Long-term strategies...
The median price of single-family homes in Southern Nevada slightly decreased to $480,000 in April, down 1% from the recent high but still over 2% higher than last year. Housing supply surged by 78%, with more than 6,200 homes available without offers. This increase in inventory signals a stable local housing market, providing more options for buyers. Continue to full article...
Las Vegas home prices dipped slightly in April, with the median single-family price down to $480K.Condo and townhome prices followed, averaging $302K, reflecting broader stabilization across housing types....
Home sellers are increasingly offering concessions like repairs and closing cost coverage as the market shifts toward buyers, especially in the Western U.S. About 44.4% of sellers gave concessions in early 2025, near the highest since 2019. Seattle and Portland lead with over 60% of sellers offering concessions due to high mortgage rates, prices, and economic uncertainty. Concessions are common for...
Over 39% of Las Vegas residents rent, placing Nevada fourth nationally in renter-occupied housing. A thriving tourism economy supports a robust rental market and long-term investment opportunities....
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The Las Vegas metro area’s most expensive homes range from $260,340 in Laughlin to $551,751 in Mount Charleston. Home values have generally increased over the past five years, with Laughlin seeing a 50.3% rise and Las Vegas a 48% rise. High mortgage rates at 6.83% and record home prices impact affordability. Location, size, age, and condition influence home values across these cities. Continue...