Las Vegas - Your 20 Second Market Update

[Josh Edelman]

🏡 The Vegas real estate market has been slower. Median residential home prices slipped from about $489K in August to $475K in September, and homes are sitting a bit longer—around 29 days on average. Rents have also cooled off lately, which lines up with what I’ve been seeing out there.

Feels like the market’s resetting as we head into the holidays—more inventory, slower activity, and buyers finally getting some more closing concessions.