Fresh numbers from Las Vegas Realtors are in:
Single-family median: $473,875 (down 1.3% YoY, off the Nov. 2025 peak of $488,995)
Condo/townhome median: $290,000 (down 4.2% YoY, well off the Oct. 2024 high of $315,000)
Inventory is loosening up — single-family listings without offers up 7.7%, condos/townhomes up 7.9% YoY
LVR president George Kypreos put it well: the market's softening at lower price points, but demand across Southern Nevada is still strong — and we still need more homes for everyone moving here.
Translation for buyers: a little more breathing room and negotiating power right now. Translation for sellers: pricing right and presenting well matters more than ever.
Thinking about buying or selling in this shifting market? Let's talk numbers for your specific situation.
If you're looking for a hard-working real estate agent, you just found him.
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