Get free access to our world class MLS search tools, save your favorite listings, create saved searches & much more!

The Las Vegas Housing Market is expected to remain sound and stable

Posted by Mastura Zaini-Roberts on Tuesday, January 7th, 2020 at 12:04pm.

The Las Vegas housing market continues to ride a wave of stability as the median price for an existing single-family home in Southern Nevada last month was just under $313,000.

That represents a 6% jump from December 2018 and a rise from about $307,000 in November of last year.

The all-time high for Las Vegas was $315,000 in June 2006, just before the recession that eventually led to area home prices bottoming out at $112,000 in 2012.

“As we begin a new year and a new decade, I think you can sum up the state of the local housing market with two words — stable and sustainable,” Blanchard said. “We ended last year with a fairly strong month of December, which is usually one of our slowest months.”

Read more on Vegasinc.

Check out some Great Las Vegas Homes Today

1 – 9 of 9 Listings
New Listings First

4 Bed • 3 Bath • 2,392 Sf

$330,000

1416 Evans Canyon Court, North Las Vegas

Immaculate 4 Bedroom Home Plus Loft Upstairs! Spacious Great Room Off The Dream Kitchen, Ss Appliances, Huge Island. All Appliances Stay, Including...

View Listing
View Listing
Reduced 4%

3 Bed • 3 Bath • 2,132 Sf

$292,000

6842 Jungle Fowl Street, North Las Vegas

3 Bed, 2.5 Bath Home With A Loft. Large Master Suite Separate From Other Bedrooms, Kitchen Features Granite Counter Tops, Ss Appliances, Tile Floor...

View Listing

5 Bed • 5 Bath • 3,117 Sf • 1 Acres

$797,000

2940 Rosanna Street, Las Vegas

Stunning Custom Home In Section 10 With Gas Appliances, Public Utilities & 600 Additional Sq/ft Of Living Space. This 5bd/rm 5bth Home Is Truly A T...

View Listing
View Listing
Reduced 6%

5 Bed • 3 Bath • 2,585 Sf

$375,000

147 Spinnaker Drive, Henderson

5 Bedrooms Plus 15x12 Den. Enormous Great Room, Formal Living And Dining! Dual Stair Case Front To Upstairs Beds, Rear Staircase Can Access Master...

View Listing

6 Bed • 7 Bath • 7,212 Sf

$1,650,000

2289 Candlestick Avenue, Henderson

Absolutely Stunning 6 Bedroom Home In Guard Gated Estates At Green Valley Ranch. Master Bed Down With Sitting Room, 2nd Master Upstairs, 3 Beds Up ...

View Listing

4 Bed • 5 Bath • 4,286 Sf

$1,600,000

63 Garibaldi Way, Henderson

Exquisite Modern Designer Contemporary Home Built By The Prestigious, William Lyon Homes. This Fabulous Move-in Ready 2 Story With 3 Car Garage Off...

View Listing
View Listing
Reduced 2%

3 Bed • 2 Bath • 2,340 Sf

$399,000

8115 Desert Cloud Avenue, Las Vegas

3 Bedroom/2bath Large Family Room. This Is The One You’ve Been Waiting For! Great Open, Single Story, Floor Plan, In A Gated Community! Pool/spa, P...

View Listing
View Listing
Reduced 1%

5 Bed • 3 Bath • 2,704 Sf

$419,000

7885 Desert Willow Drive, Las Vegas

Five Bed Rooms, One Down Stairs With 3/4 Bath. Kitchen Been Remodeled, Pool Re Plastered 5/16, New Hot Water Tank 4/18, New French Door 4/19, Gate...

View Listing

3 Bed • 3 Bath • 1,478 Sf

$249,000

1134 Paradise Desert Avenue, Henderson

Great Rental Investment. Beautiful 3 Bedroom 2 1/2 Bath Home Over 1450 Sq Feet On Corner Lot With Some Mountain Views. Open Airy Floor Plan, Granit...

View Listing

Mastura Roberts
(702) 919-5400
offers@greatlasvegashomes.com

Team Leader, The Tonnesen Team
Berkshire Hathaway HomeServices, Nevada
3185 St Rose Pkwy #100 Henderson, NV 89052

With over 30 years of experience helping families call Las Vegas "home!"



Related Blog Posts

Why it sucks to be a millennial homebuyer (and what agents can do)

Zillow Group report details affordability struggles as real estate demand overwhelms supply Key Takeaways Inventory absorption and home prices are rising so fast that homebuyers -- particularly millennials -- are going over budget and turning to friends and relatives for down-payment help. Buye...

Another Client Success Story with Great Las Vegas Homes Agent Marcell Appelgren

I had the pleasure of meeting Lamberto Valdez and his Wife on short notice as they pulled into Las Vegas with no knowledge of the Las Vegas Market. They told me that the last Realtor they met didn't show them any other areas but the Strip.  I had them get into my car and off we went to view all of Las Vegas has to...

Owner Will Carry on Brand New Condos!

Unfortunately as of February 14, 2013, this promotion has been discontinued. Credit is NOT an issue! The developer of The Modern, luxury loft condominium residences, is currently offering a fantastic incentive for buyers. With just 10% down, they can purchase a spectacular brand new condo residence with state-of-the-...

7 ways homeowners can boost the value of their home this winter

Catch the attention of other sellers for outstanding work with homes that move quickly. If you are working with homeowners who are considering selling their home this winter, you may want to help them identify the renovation areas where they’ll get the best return for their dollar. This way, you’ll...

December 2012 Las Vegas Real Estate Update

The end of 2012 is almost here, and for the Las Vegas real estate market it's been mostly good news - FINALLY! The housing inventory is way down, and prices have risen steadily since the first of the year. A "balanced" market in Vegas should be be about 10,000 homes for sale. But as of today's date, there are only 3,89...

Leave a Comment

Property Listed by: of

The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo.

The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Copyright 2020 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

GLVAR deems information reliable but not guaranteed.

Have a Question?

Contact Us

Follow Us