Las Vegas Real Estate Market Update August 2021. Bubble Watch.

An update to the real estate market in Las Vegas for August 2021. Todd and Oana are Las Vegas real estate agents and in this video we talk about the trends in Las Vegas real estate and whether or not there is a bubble building. Key factors such as median list price, number of days on the market, total inventory and sales price are tracked. We will continue to track the data as we approach 2022.

The Las Vegas real estate market has been on fire the last few months and it is showing signs of starting to cool off a bit. The market index dropped from 80 in July 2021 to 75 in August 2021. Both are still showing a strong sellers market, but the trend is in the right direction as we move into 2022. This data does not include new home construction, but only data taken from the MLS.

If you have questions about the Las Vegas real estate market please contact Oana or Todd below.

Todd Miller

Oana Sterlacci-Miller

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