
Las Vegas Housing Market Insights
Las Vegas Real Estate Market Update: August 2025
The Market is Slowing—
Here’s the Proof
The strongest signal of a cooling market is days on market (DOM) climbing.
Median DOM: Up 9%
Average DOM: Up 8%
Homes are sitting longer, giving buyers more negotiating power and forcing sellers to get realistic on pricing. The “sell in a weekend” days of 2021 are over.
But there’s a twist: many withdrawn listings are being re-listed, which skews the numbers.
170 listings withdrawn last month
127 re-listed (74%)
Median DOM before withdrawal: 130 days
Median cumulative DOM: 140 days
Pricing Trends
Median Sale Price: Flat at $485K
Average Sale Price: Down 4%
Average List Price: Down almost 6%
The mid-market is holding steady, but high-end listings are seeing the most pressure. Sellers are cutting prices frequently to keep up with buyer expectations.
Inventory & Sales
Inventory: Up 2%, now at its highest level in years
Closed Sales: Up 4%
Even though sales increased slightly, price cuts remain common, and buyers are taking their time. The days of overbidding are long gone.
New Trends Emerging
We’re also tracking fresh signs of market change:
Foreclosures: 37 in progress, 49 bank-owned listings active.
Short Sales: 48 currently on the MLS.
Sale + Rent Listings: 170 homes are listed both for sale and for rent.
These indicators suggest shifting leverage and more creative selling strategies in play.
What Buyers Need to Know
If you’ve been waiting for rates to drop, you may want to rethink that plan. Interest rate cuts keep getting delayed, and when they do drop, competition will spike.
Right now:
Buyers have leverage to negotiate price, closing costs, rate buy-downs, commissions, close dates, furniture, or even solar payoff.
You can buy now, lock in a lower price, then refinance later when rates fall.
Inventory is high, and sellers are making concessions to move their homes.
Bottom line: qualified buyers are in the driver’s seat.
What Sellers Need to Know
You can still sell—but not at 2021 prices.
Homes in good condition and priced competitively are selling.
Overpriced or fixer-upper homes are either sitting or getting price cuts (often $10K+).
Buyers have options and aren’t desperate. If your home isn’t move-in ready, expect to offer incentives or lower your price.
Neighborhood-by-Neighborhood Breakdown
Here’s what’s happening across key areas:
Summerlin: DOM up 52%, sales down 13%. Prices holding, boosted by builder incentives on new construction.
Henderson: DOM up 50%+, but sales rose. Desirable homes still move here.
Northwest: DOM up, listings down—many sellers pulling back.
Southwest: General softening, slight DOM decrease.
North Las Vegas: Sales up, prices up slightly. Affordability is driving demand here.
Is This a Crash? No. But Strategy Matters.
This is a cooling market, not a collapse. Buyers are gaining leverage, sellers are adjusting expectations, and investors are watching affordability trends closely.
The key is to have the right strategy:
Buyers should negotiate now before rates drop and competition returns.
Sellers need realistic pricing and a home in good condition to attract today’s cautious buyers.
Investors should track foreclosures, short sales, and dual sale/rent listings for opportunities.
Las Vegas Real Estate Market Update: July 2025
Key Market Numbers
Here’s where we stand as of the end of last month:
Inventory: Up 9% to 6,437 homes (highest since Dec. 2022).
Homes Sold: Down 8%, from 1,891 to 1,745.
Median List & Sale Price: Both up 1%.
Average List Price: Up 10%.
Average Sale Price: Up 7%.
Median DOM (Days on Market): Up 10%, now 22 days.
Price Reductions: Up 4%, with 3,300 cuts last month.
Interest Rates: Holding steady around 6.8%.
At first glance, prices appear steady. But when we dig deeper, we see outliers skewing the data, like a $17.6M luxury closing that inflated averages while sitting 480 days on the market. Combine that with new construction sales (which often close at list price) pulling numbers up, and the true story emerges: resale homes are softening and buyers are gaining leverage.
Market Context: Why It Feels Cooler Than the Numbers Show
Luxury Outliers: High-dollar sales inflate average prices and DOM.
New Builds on MLS: Builder listings close at list price, hiding resale negotiation trends.
Lagging Data: June sales reflect deals inked in April/May. Real-time demand is softer now.
Agents are feeling it, too. Showings are down, inquiries are light, and listing agents are actively chasing feedback—signs of a true buyer’s market.
What Buyers Need to Know
Inventory is rising. You finally have breathing room.
Price reductions are common. If a home has been on the market 3+ weeks, you have leverage.
Negotiate aggressively. Longer DOM means flexibility on price, closing costs, and terms.
Best homes still move fast. Be ready to act on well-priced, move-in-ready listings.
If you’re qualified now, you can take advantage of this window. When rates eventually drop, more buyers will jump in—and competition will tighten.
What Sellers Need to Know
Selling is still possible, but strategy matters:
Price smart from day one. Overpricing leads to weeks on market, cuts, and lowball offers.
Make your home easy to show. Limited access turns off buyers in a slower market.
Presentation counts. Clean, staged, and well-marketed homes stand out.
Expect negotiations. Buyers know they have options now.
Neighborhood Breakdown
Summerlin:
Prices down 10%. Luxury-heavy area is seeing price drops and motivated sellers.
Buyers: Big opportunity to negotiate.
Sellers: Demand exists but is highly price-sensitive.
Henderson:
Prices up ~10%. Sellers getting full asking—but often after cuts.
Buyers: Move quickly on well-priced homes.
Sellers: Price accurately to avoid a trail of reductions.
Northwest:
Stable with slight price growth and DOM increase.
Buyers: Good listings still draw competition.
Sellers: Accurate pricing keeps activity steady.
Southwest:
Prices flat, DOM up 27%.
Buyers: Leverage is here.
Sellers: Strong marketing and pricing needed to stand out.
North Las Vegas:
Entry-level hub remains active. Prices dipped slightly, but homes move fast.
Buyers: Value exists here but don’t expect steep discounts.
Sellers: Properly priced homes sell quickly.
Where We’re Headed
We’re nearing 4 months of inventory, the highest in years—a sign of a rebalancing market. Demand is softening under high rates, and while this isn’t a crash, it’s a shift toward normalcy.
If you’re a buyer, this is your chance to negotiate.
If you’re a seller, realistic pricing is key.
Rates are unlikely to fall dramatically soon; affordability will continue to cap demand. This is a strategic market—working with an experienced agent who’s active daily is critical.
Final Thoughts
This is the most balanced market we’ve seen in years. Buyers finally have leverage, and sellers must adjust expectations. Smart strategy—not hype—wins in this environment.
Las Vegas Real Estate Market Update: June 2025
Inventory: Up 8.4% (5,449 → 5,906 homes)
Sales: Down 5.5% (2,001 → 1,891 sold)
Median List Price: Up slightly (from $483K → $485K)
Median Sale Price: Flat ($480K)
Days on Market (DOM): Steady at 20 days
Price Per Sq. Ft.: Down slightly ($265 → $264)
Price Reductions: Up nearly 15% (2,774 → 3,182)
Interest Rates: Rose slightly (6.76% → 6.89%)
Key Takeaways
Inventory is rising steadily. This is the highest level we’ve seen since mid-2022.
Sales are slipping. Buyers are holding back, likely waiting on interest rate relief.
Price cuts are surging. More sellers are lowering prices to meet market realities.
Days on market appear stable—but it’s misleading.
Many agents are withdrawing and relisting homes to “reset” DOM.
This practice can mask how long homes are truly sitting unsold.
Why May Looked Like This
April was volatile across all markets, with trade tensions, economic uncertainty, and stalled buyer activity. That slowdown carried into May. As rates ticked up and affordability stayed tight, buyers pulled back.
The good news? Summer activity could stabilize things if demand holds steady and rates stop climbing. But right now, the market is firmly cooling.
What Buyers Should Know
Leverage is yours. Rising inventory + more price cuts = better negotiating room.
Less competition. Serious buyers have fewer bidding wars to deal with.
Rates are still high, but stable. If you can handle the payment, you can secure favorable terms now and refinance later.
What Sellers Should Know
Pricing smart is critical. Overpricing will lead to weeks on the market and painful price cuts.
Top-dollar days are gone (for now). Buyers are cautious and value-driven.
Presentation matters. Homes that show well and are priced competitively are still moving.
Area-by-Area Breakdown
Here’s how Las Vegas submarkets performed in May:
Summerlin
Median List Price: $878K (+13%)
Median Sale Price: $850K (+9%)
Sale-to-List Ratio: 97% (-3%)
Days on Market: 18 (-5%)
Sales Volume: 130 (-25%)
👉 Luxury demand remains, but price sensitivity is real. Buyers are negotiating harder, and sales volume dropped sharply.
Henderson
Median List Price: $650K (-4%)
Median Sale Price: $640K (-5%)
Sale-to-List Ratio: 98.5% (-1.5%)
Days on Market: 24 (+100%)
Sales Volume: 97 (+6.5%)
👉 Even with softening prices and longer DOM, sales rose—showing steady demand in desirable neighborhoods.
Southwest
Median List Price: $535K (-1%)
Median Sale Price: $530K (-1%)
Sale-to-List Ratio: 99% (flat)
Days on Market: 22 (-4%)
Sales Volume: 225 (-12%)
👉 A balanced mid-market area. Homes are selling close to ask, but sales volume is slipping.
Northwest
Median List Price: $520K (-1%)
Median Sale Price: $514K (flat)
Sale-to-List Ratio: 99% (+0.5%)
Days on Market: 18 (-5%)
Sales Volume: 297 (-1%)
👉 Consistent and value-driven. Strong activity and the highest sales volume in Vegas.
North Las Vegas
Median List Price: $435K (+1%)
Median Sale Price: $431K (+1%)
Sale-to-List Ratio: 99% (flat)
Days on Market: 18 (-14%)
Sales Volume: 260 (flat)
👉 Still the most affordable entry-level market. Fast-moving, stable, and investor-friendly.
Where the Market is Heading
High rates keep buyers cautious. Until rates ease, demand will remain tempered.
Price reductions will continue. Sellers are chasing the market downward to meet buyer budgets.
Once rates dip, demand will spike. Expect more competition if rates fall even modestly.
For now, this is a cooling but stable market—not a crash. It’s a strategic environment where buyers hold leverage, and sellers need realistic pricing to get deals done.
Final Thoughts
If you’re a buyer, this is your best negotiating window in years.
If you’re a seller, you need strategy, sharp pricing, and strong marketing to stand out.
Las Vegas Real Estate Market Update: May 2025
Greater Las Vegas Market Overview
Here’s what happened across the entire Las Vegas Valley in April:
Inventory: 4,890 → 5,449 homes (+11.4%)
Homes Sold: 1,929 → 2,001 (+3.7%)
Median List Price: $487K → $483K (-0.8%)
Median Sale Price: $480K (flat)
Days on Market (DOM): 24 → 20 days (-16%)
Price Per Sq. Ft.: $262 → $265 (+1%)
Price Reductions: 2,500 → 2,700 (+7%)
Interest Rates: 6.76% → 6.65% (-1.6%)
What This Means for Buyers
More inventory, more options. Homes are sitting longer and price reductions are climbing.
Negotiation power is growing. Homes on the market 30+ days are the best opportunities.
Rates dipped slightly, making monthly payments a bit more manageable.
Buy now, refinance later? If you believe rates will drop, buying before competition surges could be smart.
Bottom line: It’s still a balanced market (3 months of inventory), but it’s tilting toward buyers.
What This Means for Sellers
More competition. Listings are up, and buyers are choosier.
Price smart. Turnkey homes in high-demand areas still sell quickly, but bidding wars are rare.
Show well. Staging and presentation matter more than ever.
Bottom line: Homes are still selling, but sellers must be strategic and realistic with pricing.
Area-by-Area Breakdown
We’ve added a new segment this month: an area-by-area comparison so you can see how each part of Las Vegas stacks up.
Summerlin
Median Sale Price: $775K
Median List Price: $777K
Sale-to-List Ratio: 99.9%
Median DOM: 19 days
Homes Listed: 303
Homes Sold: 173
Summerlin remains luxury-driven and competitive. High-income buyers are less sensitive to interest rates, and homes sell quickly, close to list price.
👉 Tip for buyers: Don’t lowball here. Well-priced homes move fast.
👉 Tip for sellers: Present your home well—this area holds value.
Henderson
Median Sale Price: $675K
Median List Price: $675K
Sale-to-List Ratio: 100%
Median DOM: 11 days
Homes Listed: 238
Homes Sold: 91
Henderson is high-demand and lifestyle-driven—fast sales, full-price offers, and steady demand thanks to great schools, low crime, and suburban appeal.
👉 Buyers: Be prepared to pay asking if you want in.
👉 Sellers: Price accurately and expect multiple offers if your home is turnkey.
Southwest
Median Sale Price: $535K
Median List Price: $540K
Sale-to-List Ratio: 99.1%
Median DOM: 23 days
Homes Listed: 458
Homes Sold: 255
The fastest-growing area of Las Vegas shows slightly longer DOM and price flexibility. Buyers are more selective here, often comparing to nearby Henderson or Summerlin.
👉 Buyers: Look for negotiable listings—especially those on the market 30+ days.
👉 Sellers: Pricing optimism is leading to reductions; be realistic to move quickly.
Northwest
Median Sale Price: $515K
Median List Price: $527K
Sale-to-List Ratio: 97.7%
Median DOM: 19 days
Homes Listed: 523
Homes Sold: 301
The Northwest is value-focused. Homes are larger with bigger lots but priced lower than Summerlin or Henderson. Demand is steady, but buyers negotiate more here.
👉 Buyers: Great for value-seekers who want space without luxury premiums.
👉 Sellers: Price competitively—overpricing leads to cuts.
North Las Vegas
Median Sale Price: $425K
Median List Price: $429K
Sale-to-List Ratio: 99%
Median DOM: 21 days
Homes Listed: 399
Homes Sold: 261
North Las Vegas remains affordable and investor-friendly. Demand is steady, driven by first-time buyers and budget-conscious investors.
👉 Buyers: Fast-moving entry-level market; be ready to act.
👉 Sellers: Well-priced homes sell near ask quickly.
Where the Market Is Heading
Inventory keeps rising. More choices, less urgency.
Price cuts are climbing. Buyers are pushing back on pricing.
Rates dipped slightly. If rates fall further, expect buyer competition to surge again.
Lifestyle markets (Summerlin & Henderson) will remain strong.
Value-driven markets (North Las Vegas & Northwest) will stay active for first-time buyers and investors.
This is not a crash. It’s a balancing market rewarding smart strategy, realistic pricing, and move-in-ready homes.
Final Thoughts
Buyers: Leverage is shifting toward you. Negotiate, but act quickly on well-priced homes.
Sellers: Prep, price accurately, and market strategically to stand out.
Las Vegas Real Estate Market Update: April 2025
Las Vegas Market Snapshot (March 2025 Data)
Inventory: 4,887 → 4,890 (flat)
Homes Sold: 1,357 → 1,929 (+42%)
Median List Price: $485K → $487K (+0.4%)
Median Sale Price: $476K → $480K (+0.8%)
Days on Market (DOM): Steady at 24 days
Price per Sq. Ft.: $258 → $262 (+1.5%)
Price Reductions: 2,296 → 2,575 (+12%)
Interest Rates: 6.76% → 6.13% (significant drop)
Key Takeaways
The biggest story this month is interest rates. Mortgage rates dropped from the high 6s to the low 6s, which has a major impact on affordability and monthly payments.
For example, on a $600K home purchase, this rate drop translates to $200–$300 less per month—a huge difference for buyers.
What This Means for Buyers
Lower rates = better affordability. Your purchasing power just increased.
More inventory to choose from. Listings are steady and builders are still offering incentives.
Busy season ahead. Spring and early summer are historically the most active months for real estate. With rates easing, expect competition to pick up.
Pro Tip: If rates drop further, prices will likely climb. Buying now and refinancing later could be the winning move.
What This Means for Sellers
Lower rates help you, too. More qualified buyers means stronger demand for well-priced homes.
Buyers focus on monthly payment. As payments drop, they stretch budgets higher—benefiting sellers.
Still competitive. Homes need to be priced smartly and show well to stand out. Turnkey properties in desirable areas sell fastest.
Market Context
While real estate activity is picking up, other asset classes are struggling:
Stock market: Down significantly in March.
Cryptocurrency: Pulled back sharply.
Gold: Rallying as investors seek safe havens.
Real estate remains a tangible, income-producing asset. Unlike gold, a property can be lived in or rented out, making it a preferred hedge for many investors.
Outlook for Spring & Summer
Expect a busier market as interest rates stay low or dip further.
Builders will stay competitive with incentives to clear inventory.
Buyers who act now can take advantage of less competition before peak summer demand hits.
Las Vegas Real Estate Market Update: March 2025
Las Vegas Market Snapshot
Inventory: 4,797 → 4,887 homes (+1.9%)
Homes Sold: 1,319 → 1,357 (+2.9%)
Median List Price: $489K → $485K (-0.8%)
Median Sale Price: $485K → $476K (-1.9%)
Days on Market (DOM): 33 → 24 (-27%)
Price per Sq. Ft.: $261 → $258 (-1.1%)
Price Reductions: 2,145 → 2,296 (+7%)
Interest Rates: 6.85% → 6.76% (slight dip; VA & first-time buyer loans in the low 6s)
Key Takeaways
Homes are selling faster. DOM dropped from 33 to 24 days—well-priced homes are moving quickly.
Prices dipped slightly. Median sale price softened but remains historically strong.
Rates eased down. Buyers are more active when rates are in the low 6s versus high 6s.
Price reductions rising. Sellers are adjusting to realistic market conditions.
Inventory is inching up. More options are giving buyers negotiating power.
What This Means for Sellers
Homes are selling faster—but only if priced right.
Slight dips in price + ongoing reductions show that overpricing isn’t working.
Lower interest rates expand buyer affordability, which benefits sellers ready to list now.
Presentation matters: turnkey homes sell fastest in this market.
What This Means for Buyers
Slightly lower rates = better affordability (and VA/first-time programs are even lower).
Rising inventory = more negotiating power and less competition.
List price declines and steady DOM make this a value-driven market with realistic sellers.
With rates fluctuating in the 6s for two years, waiting for major drops could backfire—if rates fall, buyer demand will surge again.
Market Trends & Outlook
Seasonality is a factor: Winter is traditionally slower. Expect the market to heat up in late spring and early summer.
Fewer February contracts: February saw the fewest homes go under contract since post-pandemic. March closings will likely reflect this slowdown.
Rising inventory ahead: More sellers are expected to list as we move into spring and summer—historically the busiest season.
Economic uncertainty: With recent stock market drops and Bitcoin hitting a 90-day low, buyers remain cautious about making big financial moves.
Prediction: A Slower Spring, Stronger Summer
Expect a slower spring with fewer March closings, followed by a busier summer market fueled by seasonal activity, tax refunds, and stable-to-lower interest rates.
Bottom Line
Sellers: Price smart and prepare your home. Well-positioned listings are selling faster.
Buyers: With lower rates and more inventory, you have leverage now—but expect competition to ramp up by summer.
Las Vegas Real Estate Market Update: February 2025
Las Vegas Market Snapshot
Inventory: 5,079 → 4,797 homes (-5.5%)
Homes Sold: 1,663 → 1,319 (-20.7%)
Median List Price: $479K → $489K (+2.1%)
Median Sale Price: $475K → $485K (+2.1%)
Days on Market (DOM): 29 → 33 (+13.8%)
Price per Sq. Ft.: $260 → $261 (flat)
Price Reductions: 1,512 → 2,045 (+35%)
Interest Rates: 6.81% → 6.85% (flat)
Key Takeaways
Prices are up despite longer DOM and increased price reductions.
Sellers are more motivated. Many adjusted pricing in January after holding steady through the holidays.
Inventory is slightly down, but still healthy—buyers still have options.
Interest rates remain stable, fluctuating in the high 6s, impacting buyer activity.
What This Means for Sellers
Days on market increased due to holiday delays (closings from December escrows + office closures).
Price reductions rose as sellers became more flexible post-holidays.
Median sale price increased, signaling buyers are still willing to pay for well-priced homes.
Sellers who price realistically and offer buyer incentives (like closing cost credits or rate buydowns) are seeing stronger results.
What This Means for Buyers
Rates are stable, but there’s no sign of big drops soon. Even modest cuts (¼-point) likely won’t come until later in 2025.
Price reductions + motivated sellers = room to negotiate.
New construction offers huge incentives. Builders are offering rate buydowns (FHA/VA rates as low as 3%) and credits to attract buyers.
If you’re rate-sensitive, new builds are worth serious consideration.
The Buyer Agent Commission Shift
Since August 2024, listing agents can no longer advertise buyer agent commissions. The result:
Buyers often request sellers to pay their agent’s fee in offers.
Motivated sellers are agreeing to these terms—similar to how the market worked before.
Builders are also covering buyer agent commissions, rolling the cost into pricing.
Bottom line: the market has adjusted, but sellers should expect these requests in today’s deals.
Why Prices Are Rising Despite Slower Sales
Two major factors are driving upward price pressure:
Built-in concessions: Sellers are padding prices to offset commissions and buyer credits for rate buydowns.
Population growth: Continued migration from California (wildfires, high costs) and major Vegas projects (movie studios, high-speed rail, pro sports) are fueling demand.
Market Outlook for 2025
Rates: Expect mid-to-high 6s for most of the year; no return to 5% in the near future.
Sales: Seasonal patterns will hold. Expect activity to pick up in late spring and summer.
Sellers: Continue offering credits and competitive pricing.
Buyers: Take advantage of builder incentives and motivated sellers before potential rate cuts trigger competition.
Las Vegas remains a strong, stable market with steady growth, backed by jobs, migration, and development.
Bottom Line
Las Vegas real estate is steady, resilient, and poised for gradual growth in 2025.
📩 If buying, selling, or investing is on your 2025 goal list, reach out today. We can strategize around your goals, current market trends, and builder incentives.
Las Vegas Real Estate Market Update: January 2025
2024 Las Vegas Real Estate by the Numbers
Here’s how 2024 stacked up against 2023:
Homes Sold: 20,734 → 21,755 (+4.9%)
Median List Price: $444K → $478K (+7.6%)
Median Sale Price: $439K → $473K (+7.8%)
Days on Market (DOM): 21 → 18 (-15.8%)
Price per Sq. Ft.: $239.50 → $256 (+7%)
Average Interest Rate: 6.42% → 6.85%
What This Means for Sellers
Home values are up. Even with higher rates, buyers paid nearly 8% more for homes than in 2023.
Faster sales. Median DOM dropped to 18 days, showing strong demand.
Solid market conditions. Sellers priced right are seeing quick offers and competitive pricing.
What This Means for Buyers
Higher prices, steady demand. Despite rate increases, Las Vegas remains competitive.
Interest rate sensitivity is clear. Each time even a rumor of rate cuts hit the news, buyer activity spiked.
Opportunities remain. Well-priced homes are still moving fast, but concessions (credits, buydowns) help offset affordability challenges.
Population Growth is Driving Demand
Las Vegas is booming:
Net migration: +54,000 residents in 2024 (about 4,500 per month).
Gross movement: ~10,000 moved in monthly, 5,000 moved out.
Why they’re coming: No state income tax, lower cost of living, and remote work flexibility.
This influx of residents, combined with job growth and major development projects, continues to fuel demand and strengthen the market.
Interest Rates and Buyer Behavior
At the end of 2023, experts predicted rate cuts in 2024—but they didn’t happen. Instead, rates averaged higher than 2023, yet Las Vegas prices still rose nearly 8%.
Each time rates dipped even slightly (¼ point), buyer activity surged.
Showings spiked immediately, and closings followed 30–45 days later.
This pattern shows pent-up demand ready to move the moment rates ease further.
Las Vegas vs. National Market
Las Vegas outperformed the national housing market across the board:
Home Sales: Vegas +5%, National -18%
Median Sale Price: Vegas +7.8%, National +3%
Days on Market: Vegas 18 days, National 61 days
In short: while many markets cooled, Las Vegas accelerated.
Why Las Vegas Stands Out
No state income tax attracts remote workers and retirees.
Lower cost of living compared to neighboring states like California.
Major development projects:
Two new movie studios creating jobs and economic growth.
MLB’s Oakland A’s stadium breaking ground on the Strip (former Tropicana site).
Talks of a future NBA team in Las Vegas.
High-speed rail connecting Southern California to Vegas.
Expanding retirement communities and steady job growth.
All signs point to continued strength in the local market.
Should You Buy or Sell in 2025?
Buyers:
Purchase if it fits your finances, savings, and credit readiness—not just because others are buying.
Consider renting vs. owning costs. If a $3K mortgage fits your budget and long-term goals, it may be time to act.
With incentives and steady demand, now is a stable entry point, especially before rates drop and competition heats up.
Sellers:
The market is still healthy for well-priced homes.
DOM is low, demand is strong, and you can achieve a fair sale price—especially if relocating, downsizing, or upsizing.
2025 Outlook
Las Vegas’ real estate market shows resilience, backed by population growth, job creation, and steady demand.
Rates are likely to stay elevated for much of 2025, but even small drops will trigger activity.
Major developments and migration trends will keep pressure on housing supply.
Expect a stable, competitive market with gradual appreciation.
Final Thoughts
Real estate decisions should be personal. If you’re financially ready and your lifestyle calls for a move, now is a strong time to buy or sell in Las Vegas.
Contact The Jim Fong Group
Jim Fong Group
9580 W Sahara Ave, Suite 200
Las Vegas, NV 89117
(702) 997-2050
Jim@JimmyFong.com