Las Vegas Real Estate News

In Las Vegas visit, Biden outlines plan to lower housing costs for the working class

President Joe Biden speaks during a Month of Action event at the Stupak Community Center Tuesday, March 19, 2024. Biden addressed his plans to make housing more affordable.

Biden laid out a proposal for a mortgage relief credit that would provide homeowners with a $10,000 tax credit over two years. The relief credit, according to the White House, would provide middle-class first-time homebuyers with …

Las Vegas luxury homes continue to raise the bar on opulence, hospitality

A view of the living room in a Dynasty Penthouse at the Waldorf Astoria Las Vegas Wednesday, Feb. 21, 2024. A similar penthouse at the Waldorf Astoria Las Vegas recently sold for $9.5 million.

Rising 47 stories above the Las Vegas Strip, the Waldorf Astoria penthouse offers sweeping skyline views of the bright casino lights and the steady stream of jets slipping in and out of the city ...

Las Vegas home sale prices up 3.4% in Feb., continuing recovery from 2023

A KB Home roof is tiled during the Super Saturday sales event at the master-planned community of Inspirada on Saturday, Oct. 4, 2014.

Home sales in Las Vegas are continuing an upward trend after a record-breaking slow year in 2023, according to a release today from Las Vegas Realtors.

Radon testing program comes with advantages, drawbacks for homeowners and buyers

A radon test kit is shown on a map of Clark County showing radon potential by zip code at the Local Realty office Thursday, Jan. 11, 2024. The red color indicates a high potential for radon exposure.

A program to make people aware of the dangers of potentially cancer-causing radon gas in homes enlists real estate agents to distribute testing kits to their clients. But getting those clients ...

Home sales historically low in 2023, though prices were up for year

A home for sale is shown in a residential area near Wigwam Avenue and Buffalo Drive Thursday, June 9, 2022.

Las Vegas in 2023 saw its slowest year for local home sales in at least a decade, Las Vegas Realtors announced Tuesday. Last year marked the region's fewest local property sales since at least 2014, and likely since the Great Recession ...

Report: Las Vegas area has low supply of homes for sale

This February 2016 photo shows a house for sale in the Las Vegas Valley.

The report additionally showed the local housing supply continuing to shrink and fewer total homes being sold.

Las Vegas Realtor: F1 fever is fueling unprecedented surge in high-rise condo sales

The Las Vegas Grand Prix grandstands, paddock and final turn 17, from the 36th floor penthouse suite at The Signature at MGM Grand in Las Vegas on Sunday, November 12, 2023.

Prices for luxury units at the Signature “have increased anywhere from 30% to 50% depending on the type of unit” because of the race, Williams said. One unit, a 520-square-foot property listed for $320,000 ...

October listed homes nearly halved from last year in Las Vegas area

A home for sale is shown in a residential area near Wigwam Avenue and Buffalo Drive Thursday, June 9, 2022.

There were 4,213 single-family homes listed for sale in the Las Vegas area at the end of October without an offer, according to a report released this morning by Las Vegas Realtors.

Report: Average sales price of homes $450K in September in Las Vegas

Two homes are for sale on Bermuda and Pebble roads in Henderson in this March 9, 2010, file photo.

The median sales price of an existing single-family home sold in Southern Nevada was $450,000 in September ...

Demand for Las Vegas condos, townhomes drives prices to all-time high

Homes for sale are shown in the Villas at Black Mountain development near Horizon Ridge Parkway and Gibson Road in Henderson Wednesday, June 1, 2011.

The median sales price of local condos and townhomes reached an all-time high of $287,000 in August, while single-family homes around the valley remained relatively stable at $447,435, according to a Wednesday release from Las Vegas Realtors. The median price of homes ...

Report: Single-family homes in Vegas sold for $450K on average in July

The Las Vegas skyline and homes are shown from over the ridge of a construction site for a new residential community at the edge of North Las Vegas, Aug. 11, 2018.

The median sales price of existing single-family homes in Southern Nevada was $450,000, increasing 2% from the previous month but down just over 3% compared to the same ...

This time around, homeowners are better positioned to weather a recession

house life raft

Though fears of an oncoming recession remain potent, Las Vegas mortgage experts say existing and aspiring homeowners shouldn’t worry about a housing market crisis to rival that ...

Vegas Inc Presents The 2023 Real Estate Awards

Vegas Inc Presents The 2023 Real Estate Awards

A region’s real estate market is often representative of the area’s growth and progress, and while housing markets are known to experience fluctuations, Las Vegas has never failed to bounce back.

Report: Las Vegas home prices hit plateau in June

A home for sale is shown in a residential area near Wigwam Avenue and Buffalo Drive Thursday, June 9, 2022.

The median sales price of a single-family home in Southern Nevada was $440,990 in June, putting an end to a steady increase of local home prices in recent months, according to a report by ...

Home sale prices in Las Vegas bounce back slightly in May, still down from '22

The Concord Group, a national real estate consulting firm, says foreclosures of existing homes, like these in Henderson, are making it hard for builders to sell new homes. The company thinks the local new-home market will recover within three years, later than some local experts predict.

The median sales price of a single-family home sold in the Las Vegas area in May was $442,120, according to a report this morning from Las Vegas Realtors. That’s a 2.8% increase ...