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

New Active Listings (Past 30 days): 3,149
Units Sold: 1,445
Months of Supply: 4.3
Median Sold Price: $470,000

As we move further into the year, the Las Vegas housing market continues to settle into a more balanced rhythm from the holiday season. Inventory remains elevated, and buyers have more flexibility. The current median sales price for single-family homes is $470,000, which is 3.1% down from last year, and staying the same over last month.

Effective availability now sits at 4.3 months of supply, up 29.6% compared to last year. In practical terms, buyers have more time and more options, while sellers need to be thoughtful about pricing and presentation. Homes are still selling, but strategy matters more than ever.

This is not a market driven by extremes. It is a market driven by positioning. When pricing aligns with current conditions and marketing is executed well, strong results are still very achievable. Thoughtful planning and hyper-local insight continue to make all the difference.

*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.