Category Archives: Las Vegas Real Estate Market Information

June 2019 Las Vegas Market Update

We’re seeing some interesting market trends here in our Valley.  We still only have a 3 month inventory of houses for sale – which means it should take 3 months for a house to sell.  Buyers are taking their time, though, so sales are down a little from previous months.  Buyers are price conscious and […]

May 2019 Las Vegas Area Market Update

The Las Vegas area real estate market showed signs of heating up along with summer temperatures in May. Summer is traditionally the most active time in real estate, in large part as families plan moves during summer vacations when school is out. The number of homes that sold in May increased from 5,945 in April […]

March 2019 Las Vegas Area Market Update

Home sales rallied in March for the Las Vegas area real estate market, with the number of sales increasing from 4,667 in February to 5,814 in March. The average sale price regained much of the ground it lost during the 2018 holiday season when the high was $290,973 in August 2018. March data shows an […]

February 2019 Las Vegas Area Market Update

The Las Vegas area real estate market showed signs of warming after the holiday doldrums. The number of homes that sold increased from 4,448 in January to 4,667 in February, while the average sale price increased from $281,599 to $284,502 during the same time frame. Las Vegas still offers a great real estate market, but […]

January 2019 Las Vegas Area Market Update

Las Vegas area residential real estate ended on a slow note in January in a continuation of the holiday slowdown (which is pretty par for the proverbial course.) The average sale price was $281,604 which is down about $1700 from December but a healthy jump from the $255,532 of January 2018.  Similarly, the number of […]

2018 Las Vegas Area Real Estate In Review

The 2018 Las Vegas real estate market ended on a positive note for sellers. The average sale price of $284,379 held pretty stable through the traditionally quiet holiday season. Compared to previous years, 2018 has demonstrated that our real estate market has reached stability, but definitely favors sellers. The number of sales per year has […]

Markets In A Minute

Some interesting statistics provided by Charity Bond of On Q Financial. Although last week’s jobs numbers were lower than expected, employment remains strong. Unemployment claims this week unexpectedly fell to 213,000. The strong labor market and robust economy are pushing up inflation, which could pressure rates higher. Import duties are also boosting price pressures. Inflation […]