Las Vegas Valley Market Update – October 2025

The Las Vegas housing market continues to find its balance this fall. While prices have softened slightly, the story underneath the numbers is one of stability, opportunity, and shifting leverage between buyers and sellers.

Median Home Price: $480,000 (⬇️ from last month)
After holding steady through summer, prices dipped modestly heading into September. This is typical for early fall, when seasonal slowdowns meet higher inventory. Sellers should focus on strategic pricing and standout presentation to stay competitive.

Average Days on Market: 41 (⬆️ from last month)
Homes are spending a little more time on the market — but that doesn’t necessarily mean demand is disappearing. Buyers are simply taking longer to compare their options, negotiate, and ensure they’re making smart moves.

Inventory: 7,147 Single-Family Homes Available
We’re seeing the healthiest level of inventory in years. This gives buyers breathing room and sellers valuable feedback on how pricing and presentation influence results. A balanced market means more realistic expectations on both sides.

Homes Sold: 2,021 (⬆️ from last month)
Despite higher days on market, overall sales activity increased — showing that serious buyers are still out there and well-qualified. With the right marketing and local expertise, homes are still moving at strong values.

 What This Means for You

• For Buyers:
  Now is a strategic time to enter the market. You’ll find more choices, more negotiating power, and less pressure to rush. Pair that with a good rate lock strategy, and you can make a smart long-term move.

• For Sellers:
  Pricing and presentation matter more than ever. Homes that are staged, marketed professionally, and priced in line with current data continue to sell well — even with more competition.

• For Investors:
  The return of balanced conditions often marks the best buying opportunities. With inventory climbing, it’s worth reevaluating your portfolio before year-end.

 Ready to Talk Strategy?

Whether you’re thinking about buying, selling, or simply staying informed, our team can help you interpret how these numbers impact your goals.

Schedule your Free Real Estate Checkup and get a personalized snapshot of your home value, equity position, and best next move.