Market Update
Las Vegas
Q1 2026
Residential Property Snapshot
Single Family Homes & Condos | Q1 2026
Med. Sales Price
$450k
2% less than in
Q1 2025
Q1 2025
Avg. Days On Market
53
20% more than in
Q1 2025
Q1 2025
Closed Sales
1,741
4% fewer than in
Q1 2025
Q1 2025
Inventory
2,399
Data unavailable for
Q1 2025
Q1 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q1 '22 | $429k | $490k | 2821 |
| Q1 '23 | $404k | $474k | 1892 |
| Q1 '24 | $437k | $523k | 1837 |
| Q1 '25 | $460k | $570k | 1809 |
| Q1 '26 | $450k | $560k | 1741 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 59.4% |
|---|---|
| Q1 '26 | 1035 |
| Q1 '25 | 1024 |
| 1YR CHANGE | +1% |
| Closed $500k - $1m | 32.0% |
| Q1 '26 | 557 |
| Q1 '25 | 651 |
| 1YR CHANGE | -14% |
| Closed $1m - $2m | 7.2% |
| Q1 '26 | 125 |
| Q1 '25 | 102 |
| 1YR CHANGE | +23% |
| Closed Over $2m | 1.4% |
| Q1 '26 | 24 |
| Q1 '25 | 32 |
| 1YR CHANGE | -25% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q1 '22 | 24 | $429k |
| Q1 '23 | 55 | $404k |
| Q1 '24 | 40 | $437k |
| Q1 '25 | 44 | $460k |
| Q1 '26 | 53 | $450k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q1 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
n/a
New Listings
New Listings represents the number of properties listed during the quarter.
8%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
n/a
Closed Sales
-4%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
20%
Canyon Gate Country Club
Median
$800k
DOM
71
Sales
17
Inv
38
Desert Shores
Median
$479k
DOM
57
Sales
32
Inv
49
Las Vegas Country Club
Median
$457k
DOM
61
Sales
18
Inv
36
Queensridge
Median
$1.15m
DOM
94
Sales
11
Inv
17
Scotch Eighty
Median
$1.51m
DOM
14
Sales
2
Inv
3
Section 10
Median
$1.14m
DOM
76
Sales
10
Inv
23
Section 11
Median
$595k
DOM
76
Sales
7
Inv
11
Skye Canyon
Median
$598k
DOM
64
Sales
68
Inv
119
Southern highlands Golf Club
Median
$5.7m
DOM
155
Sales
7
Inv
23
Spanish Hills
Median
$455k
DOM
41
Sales
5
Inv
7
The Lakes
Median
$642k
DOM
67
Sales
30
Inv
56