Las Vegas Real Estate Market Stats and Trends
The market changes fast, but clarity doesn’t have to. This page is where I share simple, real-world stats and what they actually mean for buyers and sellers in Las Vegas, Henderson, and surrounding communities. These numbers are updated regularly, and I’ll always tell you the “so what” behind the data, not just the data itself.
Quick Snap Shot
Stats specific to Las Vegas & Henderson
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New Active Listings (Past 30 days): 3,120
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Units Sold: 1,745
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Months of Supply: 4.6
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Median Sold Price: $470,000
As we move into fall, the Las Vegas housing market continues to give buyers more choices and a little more breathing room. September ended with 7,995 single-family homes available for sale, up from 7,590 in August. Effective housing supply also increased from 4.2 to 4.6 months. September inventory was 6.6% higher than a year ago, while sales were down 7.4%.
Home prices softened slightly again, with the median sales price moving from $475,000 in August to $470,000 in September. New listings totaled 3,120, giving buyers continued opportunities to compare homes and negotiate, while sellers are benefiting from thoughtful pricing, preparation, and strong presentation. Interestingly, September's $470,000 median price was unchanged from the same time last year, showing that while the pace of the market has shifted, home values have remained relatively steady year over year.
As always, the overall numbers are only part of the story. Market conditions can vary quite a bit from one neighborhood, price range, or property type to another. If you're curious about what these changes mean for your home or a neighborhood you're watching, I'm always happy to put together a more personalized look at the numbers.
*Stats shown are for the Las Vegas metro area unless noted. Neighborhoods can behave very differently, so I’m always happy to pull a hyper-local snapshot for your area.
The 5 Market Metrics That Matter (and why)
1) New Active Listings in the Past 30 days
New listings in the past 30 days tells us how many choices buyers have right now. Rising inventory usually means buyers have more leverage. Tight inventory usually means pricing power leans toward sellers.
2) Units sold
The number of listings sold this month is important because it shows the true pace of buyer activity, confirming whether homes are actually moving or simply sitting on the market despite new listings.
3) Months of Supply
This is one of the cleanest “temperature checks” for the market. In general:
Lower months of supply = more seller-leaning
Higher months of supply = more buyer-leaning
But the real truth is: it can be seller-leaning overall and buyer-leaning in one specific neighborhood.
4) Median Sold Price
Median price helps avoid the “one huge luxury sale skewed the average” problem. It’s a helpful trend line. For additional information on Median sales price check out this video.
5) Sale-to-List Price Ratio
This shows how close buyers are paying to the list price. If this is consistently near or above 100%, it usually signals stronger competition. If it’s lower, buyers may have more room to negotiate.
Previous Months Stats
FAQ:
How often do you update these stats?
Typically monthly
Where does the data come from?
Las Vegas Realtors MLS market data
Can you tell me what my home is worth from this page?
This page shows market trends. Your home value depends on condition, upgrades, layout, lot, location, and what your direct competition looks like right now.
What’s the most important number to watch?
All of the numbers are important, each stat gives you insights into the current market. Months of supply and sale-to-list ratio usually give the clearest signal of leverage.