Las Vegas Real Estate Market Update: January 2025

Market Overview

The Las Vegas real estate market continues to show strong performance as we enter 2025. With inventory levels remaining low and demand staying steady, we're seeing a balanced market that favors both buyers and sellers.

Key Market Statistics

• Median home price: $450,000 (up 3.2% from last year)
• Average days on market: 28 days
• Inventory levels: 2.1 months supply
• New listings: 1,247 (up 8% from December)

What This Means for You

For buyers: The market offers good opportunities with reasonable pricing and a decent selection of homes. Interest rates have stabilized, making it a good time to secure financing.

For sellers: Homes are selling quickly when priced correctly. The low inventory means less competition, but buyers are still discerning about value.

As your trusted Las Vegas real estate expert, I'm here to help you navigate this market successfully. Whether you're buying your first home, upgrading, or downsizing, I'll provide the guidance and expertise you need.