Tagged : Las Vegas price trends

The Ultimate Guide to Las Vegas Housing Market Trends Spring 2023-2024

Whether you’re interested in buying a home in Las Vegas or selling your current property, it’s a good idea to familiarize yourself with the state of the Spring 2024 real estate market before getting started. With that in mind, we’ve brought you a closer look at how the Las Vegas market is currently fairing, as well as how these metrics and some key economic factors will shape real estate activity going forward. Keep reading to learn more.

How is the Las Vegas housing market doing currently?

Key metrics point to the fact that the Las Vegas April housing market is currently experiencing a flurry of activity, even across multiple types of housing. Let’s take a look at how

September 2020 Stats & Price Trends for Las Vegas Real Estate

Sales and price trends for Las Vegas real estate showed dramatic increases this September. Not only the number of sales, but property values, the percent of list price that sellers received and improvements to the number of days on the market. It was a "win win" for both buyers and sellers of Las Vegas Homes and condos.

Las Vegas Single-Family Home Sales

September closed home sales at 2,178 were up 18.4% from September 2019. What a boost that was! It was as though buyers jumped off the fence and said, "I'm in!" This, in spite of a 12.6% increase in average home prices - currently sitting at $405,641. Sellers received a record 99% of the average list price and homes only remained on

Admittedly, I was somewhat apprehensive pulling the stats together for the June 2020 report on Las Vegas real estate sales. But, after running the numbers, I've got every reason to be optimistic. Although sales haven't reached 2019 heights, sales for both single-family homes and condos have increased since May, and prices are also on the rise. Sellers are getting over 98% of their asking price and homes are selling quicker than ever, after an average of just 38 days on the market.

Las Vegas Single Family Home Sales for June 2020

Single-Family Home sales surpassed April and May by 47% with 1,596 Closed Sales.

Single-Family Home Closed Sales
May: 1,084
June: 1,596

Average Sales Price
May: $375,241
June: $378,957 up 6.7% from June 2019