Home prices in Las Vegas saw a decline at the end of the year, with single-family homes selling for a median price of $475,000 and condos/townhomes at $290,000. Despite this drop, prices are higher than a year ago, with single-family homes appreciating 5.6% and condos/townhomes 7.4%. The number of homes available for sale has increased, and more homes were sold in 2024 compared to 2023. December typically reflects a slower market, but the overall housing market appears stable heading into 2025.
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