Real Estate Agent · Las Vegas · Member since 2018 · 199 posts · 143 votes
Las Vegas Market Update – What You Need to Know! (Based on past 3 months of single family home market data)
🔹 Did the value of my home go up or down? June: $494,000 July: $491,495 August: $489,000
🔹 How long would it take to sell my home? June: 22 days July: 25 days August: 24 days
🔹 What are interest rates looking like? 30-Year Conventional: 6.29% 30-Year VA Loan: 5.97%
🧠 Josh’s Take: Signs of Momentum The market here in Vegas is still pretty mixed, but I’ve noticed a shift lately. Even though the numbers show things slowing down, the past couple of weeks I’ve personally seen more showings and more homes actually selling. With rates dipping a bit, buyers have a nice little sweet spot right now to jump in—and it feels like some people are starting to take advantage of it.