First American Market Report

North Las Vegas, NV

Single-Family Homes

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North Las Vegas, NV

Sat Nov 27 2021
This week the median list price for North Las Vegas, NV is $414,232 with the market action index hovering around 79. This is about the same as last month's market action index of 79. Inventory has decreased to 328. Click here to stay informed with the North Las Vegas market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

North Las Vegas, NV

Sat Nov 27 2021
This week the median list price for North Las Vegas, NV is $414,232 with the market action index hovering around 79. This is about the same as last month's market action index of 79. Inventory has decreased to 328. Click here to stay informed with the North Las Vegas market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the North Las Vegas market.
Median List Price $414,232
Median Price of New Listings $399,945
Per Square Foot $215
Average Days on Market 62
Median Days on Market 21
Price Decreased 24%
Price Increased 6%
Relisted 5%
Inventory 328
Median Rent $1,995
Market Action 79
Strong Seller's Market

The market seems to have paused around its high point. The Market Action Index is a good leading indicator for the durability of this trend.

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
$535,500 2,964 6,500 - 8,000 sqft 4 3 15 17 17 35
$435,000 2,046 4,500 - 6,500 sqft 3 2.5 14 25 23 21
$390,495 1,775 4,500 - 6,500 sqft 3 2.5 16 32 37 14
$335,000 1,420 4,500 - 6,500 sqft 3 2 25 26 30 14