Real Estate Agent · Las Vegas · Member since 2018 · 198 posts · 143 votes
📊 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!