Home Prices Just Went Up? Las Vegas Real Estate Update

Median list prices for both single family homes and condos in Las Vegas rose as inventory is down almost 20% since November. List prices are not sales prices, but a forward looking measure of potential future real estate sales activity.

The Las Vegas real estate market has cooled off significantly this year while the number of sales is down substantially. The forecast for Las Vegas real estate is moderating home prices as the number of available properties is starting to fall and new home builders are building less and less homes.

Todd and Oana are real estate agents in Las Vegas and hosts of Talk About Houses, an online real estate YT Channel.

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