Las Vegas Real Estate News

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.

6 December 2023

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 ...

16 November 2023
By Grace Da Rocha

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.

7 November 2023
By Las Vegas Sun Staff

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 ...

6 October 2023
By Ray Brewer

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 ...

6 September 2023
By Katie Ann McCarver

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 ...

8 August 2023
By Katie Ann McCarver

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 ...

31 July 2023
By Katie Ann McCarver

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.

27 July 2023
Sierra Smart

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 ...

6 July 2023
By Katie Ann McCarver

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 ...

6 June 2023
By Ray Brewer

Home prices in Las Vegas rise in April; listings without offers soaring

In this Feb. 8, 2008, file photo, a for-sale sign stands in front of a bank-owned home in Las Vegas.

Local home prices in Southern Nevada rebounded slightly in April, with a median sale price of $430,000 for existing single-family homes and $270,000 for condos and townhomes, according to a release today from Las Vegas Realtors. The median price of existing single-family homes sold in ...

9 May 2023
By Katie Ann McCarver

Home prices 'remarkably stable' in March, say Las Vegas Realtors

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

The median sale price of homes in Southern Nevada last month was $425,000 for single-family homes and $260,000 for condos and townhomes, as the local housing market in 2023 remains “remarkably stable,” according to a Thursday release ...

6 April 2023
By Katie Ann McCarver

Siegfried & Roy mansion hits Las Vegas housing market at $3M

Siegfried & Roy's former home is shown Friday, March 10, 2023.

The real estate market in Las Vegas has gotten a bit wilder with the mansion of internationally known late magicians Siegfried & Roy up for sale, touting homeowner essentials like central air conditioning … and tiger cages. It entered the Las Vegas housing market ...

10 March 2023
By Grace Da Rocha

February home prices similar to Jan.'s but down from last year

After a period of relative stability, home prices in the Las Vegas Valley are headed down again.

The median sale price of a single-family home in Southern Nevada was just under $425,000 in February, as more homes became available for sale and fewer changed hands compared to ...

7 March 2023
By Katie Ann McCarver

January home prices in Las Vegas down 2.3% from 2022

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

The median sale price of a single-family home in the Las Vegas area was $425,000 in January, according to figures released this morning by the Las Vegas Realtors trade group. The price is ...

5 February 2023
By Ray Brewer
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