The sales price for a single-family home in the Las Vegas area declined in April when compared with a year ago, according to a report released this morning by the Las Vegas Realtors trade group.
The median price of existing single-family homes sold in Southern Nevada last month was $473,875 — down 1.3% from April 2025 and below the all-time high of $488,995 set in November 2025.
The median price of condos and townhomes sold in April was $290,000, down 4.2% from April 2025 and well off the record high of $315,000 set in October 2024.
“Our data shows that the local housing market is softening a bit, especially at lower price points,” said George Kypreos, president of Las Vegas Realtors. “But when you look at the big picture, demand for homes here remains strong, and we could still use more homes to serve the steady stream of people moving to Southern Nevada."
The group reported 6,689 single-family homes listed without an offer at the end of April, up 7.7% from one year earlier. The 2,580 condos and townhomes listed without offers represented a 7.9% increase from the same period last year.
“That’s not a lot in a community of about 2.5 million people,” Kypreos said.