The Sodhi Group's Market Report

Las Vegas, NV 89113

Single-Family Homes

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Las Vegas, NV 89113

Fri Sep 20 2019
This week the median list price for Las Vegas, NV 89113 is $469,500 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has held steady at or around 132. Click here to stay informed with the Las Vegas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Las Vegas, NV 89113

Fri Sep 20 2019
This week the median list price for Las Vegas, NV 89113 is $469,500 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has held steady at or around 132. Click here to stay informed with the Las Vegas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Las Vegas market.
Median List Price $469,500
Per Square Foot $185
Days on Market 100
Price Decreased 36%
Price Increased 4%
Relisted 4%
Inventory 132
Median House Rent $1,850
Most Expensive $18,500,000
Least Expensive $240,000
Market Action Index
Slight Seller's Advantage
36

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$974,500 4,514 0.25 - 0.5 acre 4 5 22 1 1 144
$559,999 3,034 6,500 - 8,000 sqft 3 3 17 3 2 92
$399,900 2,427 4,500 - 6,500 sqft 4 3 5 2 4 78
$299,900 1,594 0 - 4,500 sqft 3 3 15 4 6 84