This Las Vegas Housing Market data covers real estate trends in home buying and selling, median listing price, the median sales price, number of monthly transactions, and other relevant information about the area’s real estate. The data covers the greater Las Vegas Region including Las Vegas, Summerlin, Peccole Ranch, Fairway Pointe, Mountains Edge, Queensridge, Rhodes Ranch, Summerlin Hills, Summerlin North, Summerlin South & Summerlin West. This data is accurate as of January 1, 2023 and will be updated monthly. To receive email alerts when new data is added please subscribe to our Las Vegas Housing Market Report Update below and include your neighborhood and/or zip code for a more customized report.
December 2022 Las Vegas Housing Market Update
For the greater Las Vegas area real estate market, inventories of new homes are at record lows, buyer demands are at record highs, and this is creating a profound seller’s market. Buyers need to have a letter showing they are pre-qualified or have proof of funds before viewing homes. Many homes are only available for 24 hours before selling and so serious buyers must be ready to make an offer when viewing homes. New home construction is still backlogged months out and in some cases it may be over a year before a new community may be built due to backlogs of permits and paperwork.
Greater Las Vegas Housing Market Report – December 2022 ALL REGIONS
Las Vegas Real Estate Market Report February 2023
| Median Listing Price | Growth From Last Month | Homes Available | Growth From Last Month | Median Sold Price | Growth From Last Month | ||
|---|---|---|---|---|---|---|---|
| Las Vegas | |||||||
| Houses for sale | $449,900 | -2.2% | 6,211 | -15.4 | |||
| Houses Sold | 1,534 | +0.9% | $425,000 | -1.4% | |||
| Condos and Townhouses for Sale | $270,000 | +1.0% | 1,390 | -14.9% | |||
| Condos and Townhouses Sold | 392 | -15.2% | $246,950 | -5.0% | |||
Find out your home’s TRUE value
Instant home evaluators like the ones you find online today can be off by as much as 15-20% which is a LOT in today’s market.
A CMA includes information like:
- Comparative Properties that have sold and closed within the last 6 months
- Comparative Active listings – properties currently for sale
- Comparative Pending sales – listings that have sold but not yet closed
- Comparative Expired listings – properties that did not sell during the listing period
- A detailed report on your Home and the estimate of its value based on today’s market
What can you expect to see in the CMA that I prepare for you?
A completed CMA is presented in the form of a report, which includes the all of the items above, suggested selling price, detailed information about your home, and the comparable properties that were researched to determine its value.
Best of all it’s FREE!
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It's a SELLERS Market! Even if you are even just THINKING about selling, knowing what your home's TRUE market value is valuable information. Fill in your info below and we will send you a complete Market Value Report that shows you what it is REALLY worth in today's market.
LAS VEGAS REAL ESTATE MARKET DATA
Click on the “VIEW Market Report” button below to view more statistics about the Las Vegas housing market including average selling price, number of active homes, recently sold properties, demographics and more.
