Las Vegas Sales Cool Amid Rising Costs
September 2022 Stats Summary for Greater Las Vegas
As we approach Fall, the Las Vegas real estate market , and the U.S. market as a whole continues to slow down. rising prices and mortgage interest rates are impacting sales. Cost-of-living, even credit cards and auto loans have reached a multi-year high, and all of this combined has cooled home and condo buying activity.
Home and condo prices continue to inch upward, but not with tenacity that we've seen in earlier months. The market is showing signs of leveling off. Here are the stats for the overall Las Vegas real estate market, including homes, condos and townhomes for September 2022 and year to date.