The Market Has Changed
— And It’s
Working Against Sellers

The Las Vegas housing market is showing clear signs of strain. Inventory has surged past 9,000 homes. The median price sits at $485,000, but homes are sitting an average of 47 days. Nearly 1 in 5 listings have dropped their price. New home builders are offering aggressive incentives, undercutting resale homes. The result? Traditional listings are getting buried—and sellers are slashing prices just to stay competitive.

 

"In a market like this, putting your home on the MLS and crossing your fingers won’t cut it anymore."

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