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Category Archives: Monthly Market Update

August Market Update for Las Vegas

The Las Vegas area real estate market has been unbelievable this summer. July sales were through the roof; 6,592 homes sold, a number we haven’t seen since August 2018. And although August total sales were down, the average sale price of $324,950 is a new high in our post-recession market. What is going on? We […]


April 2020 Las Vegas Market Update

The Las Vegas area real estate market has been under the influence of COVID-19 containment measure for well over a month now.  We have been publishing updates on the number of listings, pending sales and closed sales for the previous seven days, three times a week.  The numbers have been remarkably stable.  In the $350,000 […]



Las Vegas Real Estate 2019 In Review

Fireworks on New Year’s Eve weren’t the only bang heard through the Las Vegas area. December ended the year with a market high average sale price of $315,358. 2019 was a good year for sellers. We’ve seen a level of stability between supply and demand that have kept the market growing, but not at an […]


October 2019 Las Vegas Market Update

The number of homes that sold in October rose from 5,620 in September to 5,980 while the number of new listings on the market increased from 7,662 to 7,884 . The average price decreased slightly, from $298,691 to $296,726. Overall, the market is chugging along nicely in a normal seasonal manner. Generally speaking, we wouldn’t […]


September 2019 Las Vegas Market Update

The number of homes that sold in September dropped from 6,545 in August to 5,616 (though is up over 400 homes from September 2018) while the number of new listings on the market dropped from 8,623 to 7,660. The average price increased slightly, from $295,029 to $298,565. Last month’s average price is the highest we’ve […]



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 […]