Altos Market Data for Realtors

Las Vegas, NV

Single-Family Homes

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Las Vegas, NV

Sat May 28 2022
This week the median list price for Las Vegas, NV is $599,000 with the market action index hovering around 74. This is less than last month's market action index of 79. Inventory has increased to 2,091. 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.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Las Vegas, NV

Sat May 28 2022
This week the median list price for Las Vegas, NV is $599,000 with the market action index hovering around 74. This is less than last month's market action index of 79. Inventory has increased to 2,091. 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.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Las Vegas market.
Median List Price $599,000
Median Price of New Listings $539,000
Per Square Foot $276
Average Days on Market 66
Median Days on Market 21
Price Decreased 29%
Price Increased 8%
Relisted 8%
Inventory 2,091
Median Rent
Market Action 74
Strong Seller's Market

Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,350,000 3,931 0.25 - 0.5 acre 4 3.8 19 110 58 28
$698,000 2,638 6,500 - 8,000 sqft 4 2.8 19 131 89 21
$520,000 1,991 4,500 - 6,500 sqft 3 2.5 20 184 127 14
$399,900 1,443 4,500 - 6,500 sqft 3 2 30 192 160 7