Las Vegas 4-Month Supply Gives Buyers Upper Hand | Got More Questions? Call or Text Me Keller Williams | Great Las Vegas Homes Team Lic#S.0202099

Median single-family price: $485,000 in July, matching record high and ↑1% YoY.
Inventory surge: single-family ↑54%, condos/townhomes ↑77% vs. last year.
Home sales ↓5.8% (single-family), ↓11.6% (condos/townhomes) YoY; 2,568 properties sold in July.
Market cooling: nearly 4-month supply now, up from just over 2 months last year.
Condo/townhome median: $290,000 in July, ↓2% YoY, below $315,000 record from October 2024.