Las Vegas Valley Real Estate market is slowing due to reduced buyer demand and high mortgage rates.
Pending home sales in the area have dropped, indicating a weaker-than-usual homebuying season.
Active listings have surged, giving buyers more choices in the Las Vegas Real Estate market.
Home prices remain elevated, but growth has slowed as demand continues to weaken.
Experts predict further price drops ahead, shifting more power to buyers in late 2025.
