Las Vegas - Your 20 Second June Market Update

[Josh Edelman]

📊 Las Vegas Market Update – What You Need to Know!
(Based on the past 3 months of single-family home data)

🏡 Home Values
March: $488,950
April: $495,000
May: $495,000

⏳ Time on Market
March: 23 days
April: 20 days
May: 19 days

📉 Current Interest Rates
30-Year Conventional: 6.97%
30-Year VA Loan: 6.50%

🧠 Josh’s Take:
We’re seeing a real shift happening—even if the stats haven’t fully caught up. Sellers are dropping prices and offering full closing cost coverage just to stay competitive. Buyers are walking away with rate buydowns and some amazing deals right now.

Have a great weekend and week ahead! All the best!