Las Vegas Real Estate Market Update: August 2025

Trends You Should Know

Published: August 12, 2025 | By Arthur’s Professional Services

Curious about the current state of Las Vegas real estate? Here’s a snapshot of key market stats for mid-2025—plus smart tips for buyers and sellers navigating the evolving landscape.

Las Vegas Housing Market at a Glance

  • Median Sale Price: ~$459,000 — up 2% year-over-year (June 2025) [Source: Redfin]
  • Median Days on Market: ~51 days — up 15 days from last year [Source: Redfin]
  • Housing Inventory Surge: Inventory is up ~77.6% year-over-year (June) [Source: Realtor.com, NY Post]
  • Months of Supply: Approximately 4 months — marking a shift toward a more balanced market [Source: Rice Las Vegas]
  • Listings Without Offers: Single-family homes without offers rose ~70%; condos/townhomes without offers rose ~87.6% [Source: Utah News Dispatch]

These figures show a cooling yet resilient market. Buyers now enjoy more choice, while sellers face longer wait times and increased competition.

What Today’s Stats Mean for You

The Las Vegas housing market is moving toward balance. This gives buyers more negotiation power and choice, while sellers must focus on pricing and presentation to stand out.

Tips for Buyers

  1. Take Advantage of Rising Inventory — With ~77% more listings year-over-year, now’s the time to explore your options before demand catches up.
  2. Act Strategically, Not Hastily — Longer market times (~51 days) give you room to evaluate, but well-priced homes still spark quick interest.
  3. Negotiate Thoughtfully — Fewer competing offers mean you can negotiate on price or terms if you position well.

Tips for Sellers

  1. Stage to Stand Out — With more listings competing for attention, presentation matters now more than ever.
  2. Price with Purpose — Homes are staying on the market longer, so realistic pricing speeds up your sale.
  3. Incentivize or Be Patient — If offers aren’t rolling in, consider upgrades, credits, or simply wait for the right buyer.

Why Partner with a Local Pro

Las Vegas is unique—from shifting inventory dynamics to neighborhood nuances. As a local expert, I help you navigate a cooling yet complex market—whether you’re buying, selling, or evaluating your options.

Let’s talk. Whether you’re curious about your current home value or planning your next move, I can guide you every step of the way.

Contact Arthur’s Anserlian | S.197347 | Pulse Realty Group
📞 702-808-2073
📧 arthur@apslv.com

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