Home prices are going up again in Las Vegas despite interest rates being 1.5% higher than the same time last year. Single family list prices are up $40,000 just since January 20th and the inventory has been falling in Las Vegas for 29 straight weeks. Home prices will likely rise until the summer and then drop going into the fall just like every year.
This video is part of the Las Vegas real estate market update series and is hosted by Las Vegas real estate agents Todd and Oana Miller. If you are thinking of buying or selling in Las Vegas please reach out to us.