2022 sept

What Happened in the Las Vegas Real Estate Market in September?

Despite several months of declining sales and more homes available on the market, the Las Vegas valley’s median home price held steady at $450,000 in September.  Sales prices are still up over 10% from the same time last year.  For homeowners who have been on the fence about making a move, now is still a great time to sell and take advantage of increased equity.  For homebuyers, this more balanced market is making it easier to get into a home you truly love at a price and terms that are more equitable.

Median Home Price

$450,000   +10.7% from September 2021

Homes Sold

2,030   -37.6% from September 2021

Homes Without Offers

8,121   +134.5% from September 2021

Homes Sold Within 30 days

56.8%   -27% from September 2021