Southern Nevada single-family median $481,995, ↓0.6% yearly.
Condos/townhomes median $285,000 in February, ↓5.9% yearly.
2,088 homes/condos/townhomes sold last month; single-family sales ↓9.4%, condos/townhomes ↓8% vs February 2025.
Single-family inventory 6,131 (↑17.2% yearly); condos/townhomes 2,505 (↑23.7%).
Inventory now >4-month supply vs just over 3 months yearly; LVR president cites buyer’s market signs, pent-up demand.
Las Vegas Housing Market Shifts to Buyers in Mid-Q1 | Carol Strom real estate broker. Founder of USAfitpros.com 50 state Telehealth and Labs bolt-on virtual LegitScript business