The Las Vegas housing market saw a decline in December 2025, with the median price for single-family homes at $470,000, down 1.1% from the previous year and 3.9% from November. Condo and townhome prices dropped 5.2% year-over-year. Home sales totaled 2,261 in December, slightly down from the prior year. Annual sales in 2025 were the lowest since 2007, with 28,498 properties sold. Listings without offers increased significantly.
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