Tagged : las vegas market report

Las Vegas Real Estate at A Turning Point

The 2025 Housing Market in Review and What to Expect in 2026

In our Fall Las Vegas market update, we saw increasing inventory, slowing sales and softening prices translating into a more balanced market for both buyers and sellers. That’s good news, both for consumers and for the market’s health.

During the months of November and December 2025, we saw a big swing in market conditions from all-time high prices to a corrective pullback. It wrapped up a year of change that reinforced the unpredictability of real estate markets — and the need for expert strategy around pricing and positioning in the year ahead. In the following report, we highlight crucial end-of-year data, and its impact on the market

Las Vegas Market Report for September & October/25

It’s rare that we experience quiet and calm amid the glitz and glamour of Las Vegas, but after years of a hyper-active real estate market — one characterized by bidding wars and lightning-fast sales — we’re seeing a bit of breathing room return to housing here. The story for the early-Autumn 2025 Las Vegas real estate market is one of opportunity, fueled by a return to market normalcy and balance following years of outsized price growth. As the market recalibrates and home prices drift back into alignment, buyers, sellers and investors all have the chance to make the most of current conditions.

In this update, I’ll walk you through key shifts from price trends and inventory growth to sales pace,

Late Summer Las Vegas Market Report for July & August 2025

In our last market update, we talked about the shift we were seeing to a more balanced market, one marked by rising inventory, more predictable pricing patterns and slower sales processes. That shift has been good news for buyers without putting too much pressure on sellers. If Part 1 of this summer’s update captured the market’s resilience, Part 2 tells a story of how it’s recalibrating. July and August brought steadier prices, along with a clear shift in supply and demand dynamics. 

Here is a quick summary of topics we cover in this article:

• Home Prices High But Holding
• Condo Prices Take a Dip
• Inventory Surges
• Days on Market Lengthen
• Cash and Distressed Sales

Deep Dive Into Summer Housing Trends - Part 1: May and June 2025

Understand the latest market trends with Leslie Hoke’s summer real estate market deep dive for the metropolitan Las Vegas area.

This is part 1 of a two-part series on the shifting market. Look for part 2 in September, once final July and August market data is available from Las Vegas Realtors

Here is a quick summary of topics we cover in this article:

• How an Inventory Surge is Reshaping the Las Vegas Home Market
• May/June Market Snapshot
• Inventory Supply and Availability
• May/June Sales Activity
• Which Strategy is Right for You?

The groundwork for many of our current real estate market challenges was laid more than five years ago at the beginning of the

An Overview of Las Vegas Market Trends in February 2025

The broader economy, and the financial markets in particular, don’t love uncertainty, as evidenced by recent sell-offs across international stock exchanges. However, in times like these, the real estate market can provide welcome stability, especially in a strong residential market like Las Vegas. This was reflected in last month’s market statistics, where inventory growth was matched by home price stability and impressive sales performance, suggesting ongoing solid market conditions.

As investors seek out ways to diversify their portfolios, there may be no better place to put their money than bricks and mortar. That’s good news for the Las Vegas real estate market and for sellers in the

January 2025 Las Vegas Housing Market Overview

Leslie Hoke’s January 2025 report keeps you informed about the latest trends in the Las Vegas real estate market. The story of the national housing sector over the past couple of years has been one of high interest rates, low inventory levels, combined with decreasing buyer demand and total transactions.

In January, however, we finally saw some movements in one of those measures as sellers began listing their properties in greater numbers, and setting the scene for a more active 2025 real estate landscape.

At the same time, wholesale changes coming out of Washington, D.C., may be poised to impact workers and homeowners in the Las Vegas region, as well as the way that homes are purchased in the

The Las Vegas real estate market has been a non-stop adventure this summer. Homes and condo prices have skyrocketed to highs unlike anything we've ever seen. The luxury home market in Las Vegas for new and existing homes is also increasing. We're seeing new builder homes, such as the new "Raider's Stadium" clone mansion by owner Mark Davis; and the record $32.5 million mansion for sale in Henderson's Ascaya community. In addition, rental prices are creeping out of reach for many, with a shortage of new inventory. Help is on the way, with several new rental developments in the works.

Here is the latest news and highlights for the Las Vegas real estate market up to August 2021:

• Las Vegas Home and Condo Prices
• Mark Davis Raider's Mansion

Las Vegas Real Estate Stats & Why You Should Lock In Now!

The Las Vegas home and condo market was anything but dull this past October, showing solid gains over the same time last year. Here are some of the quick stats as reported from GLVAR (The Greater Las Vegas Association of Realtors).

Las Vegas Single Family Homes

Las Vegas Home sales in October were solid, just under 10% higher than 2015. Houses are moving quicker, only remaining on the market an average of 45 days, 21% faster than last year. The median sales price has also risen by 6.3%. Homes are priced realistically, receiving 98% of the asking price. The one area where we are challenged is inventory. In spite of the these positive increases, there are 28% less homes on the market