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2018 Las Vegas Market Stats

James Hughes

James Hughes was born in Reno, NV and spent most of his life in Nevada, Southern California, and Tucson, Arizona...

James Hughes was born in Reno, NV and spent most of his life in Nevada, Southern California, and Tucson, Arizona...

Jan 31 1 minutes read

Review The 2018 Las Vegas Real Estate Market.

Whether you’re buying or selling, it is beneficial to understand what’s going on in your market. The most important data to look at is the number of homes sold, average sales price, and average days on market. These are the numbers that will make or break your decision to sell your home. Stay up to date on our local market by looking over these stats.

Single Family Residence.

$290K

Median Home Price, Up 13.1%

32,129

Total Units Sold, Down 7.2%

32 Days

Average Days On Market, Down 18%

Condos & Townhomes.

$163K

Median Condo Price, Up 21.4%

7,836 Units

Total Units Sold, Up 1%

28 Days

Average Days On Market, Down 9.7%

Combined Las Vegas Stats 

$270K

Median House Price

17%

Up From 2017

39,965

Total Homes Sold

What's My Home Worth, Today?

The market is constantly changing based on available inventory, recent sales, interest rates, time of year, and many other factors.

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