Median single-family price: $470K in Q4, ↓1.1% YoY, ↓3.9% MoM.
Condo/townhome median: $275K, ↓5.2% YoY, also ↓ from Nov.
Dec. sales: 2,261 units; homes ↓0.5%, condos/townhomes ↓1.5% YoY.
2025 sales: 28,498 units, lowest since 2007, ↓ from 31,305 in 2024.
More listings without offers; market seen as stabilizing with improved buyer activity and lower mortgage rates.
How the Las Vegas Housing Market Ends the Year | Carol Strom broker, owner, UNLV Real Estate Finance Degree B145311