Market Data
Las Vegas Housing Market — Live Data
Live active inventory, trailing-12-month closings, median asking price, and $/sqft for Las Vegas, NV — pulled hourly from the GLVAR MLS via OpenIDX.

Stephen Tomes
Nevada RE License #BS.0146591
- Active inventory
- 13,973
- Closed (12 mo)
- 17,201
- Months of supply
- 9.7
- Median list
- $479,000
Las Vegas live market data
- Active MLS listings
- 13,973
- Closed transactions (12 mo)
- 17,201
- Months of supply
- 9.7
- Median list price
- $479,000
- Active price band
- $1 – $29,500,000
Right now, GLVAR
Trailing 12 months
Indicates a buyer's market
Active inventory
Source: Greater Las Vegas Association of REALTORS® (GLVAR). Months-of-supply = active inventory ÷ (trailing-12-month closings ÷ 12). Block-level conditions vary.
Reading the Las Vegas market
Months-of-supply is the most useful single number for evaluating the Las Vegas market. Under 4 months historically indicates a seller's market (multiple offers common, list-to-close above 100%). Over 6 months indicates a buyer's market (price reductions common, list-to-close under 100%). Between 4 and 6 is balanced.
These numbers vary materially block-by-block in Las Vegas. A guard-gated luxury enclave can sit at 9 months of supply while a sub-$600K family-home pocket two miles away sits at 2.5 — and citywide medians can hide both. When you're ready to move on a specific property, Stephen pulls the data tied to your exact street and floor plan.
Currently active Las Vegas listings
Las Vegas housing market FAQ
Is Las Vegas a buyer's or seller's market right now?+
Today's months-of-supply for Las Vegas, computed from live MLS active inventory and trailing-12-month closings, sits at roughly 9.7 months — historically considered a buyer's market. Block-by-block conditions vary; Stephen pulls neighborhood-specific data on the first call.
What's the median home price in Las Vegas?+
The current median list price for active Las Vegas listings is $479,000.
How fast are Las Vegas homes selling?+
Days-on-market and list-to-close ratios vary block-by-block in Las Vegas. Stephen pulls these specific to the property you're considering — not a citywide average — so your offer strategy is tied to the relevant comp set.
Will Las Vegas home prices go up or down in 2026?+
Stephen does not forecast. He brings forward the data — months-of-supply, absorption rate, year-over-year median, and the relevant comp set — and lets clients make the call with full information. The Las Vegas valley sits in the middle of a multi-year inventory normalisation; conditions are not uniform across submarkets.
How is the Las Vegas luxury market different from the broader market?+
Las Vegas luxury inventory ($1.5M+) typically has longer days-on-market and higher months-of-supply than the median market, but the absolute number of high-end transactions has remained strong through 2025. Many luxury sales never appear on the public MLS — Stephen tracks off-market and pre-list inventory daily.
Get a free Las Vegas CMA
Stephen runs free comparative market analyses on any specific Las Vegas address — for buyers writing offers and sellers planning to list. (702) 703-9077.
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