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Resources · Market Reports

Las Vegas Real Estate
Market Reports

Real estate markets change. Explore current Las Vegas-area market information to better understand what is happening with housing activity, pricing, inventory, and market conditions.

Sandy Margolin | Real Broker · Las Vegas · Henderson · Summerlin

Real Estate Market Update

Weekly Market Snapshot

Single Family Residential · Clark County · Week of November 2, 2026

Median List Price

~$449,700

Realtor.com, Las Vegas, NV homes for sale snapshot, median list price. Approximate; figures vary by source and snapshot date.

Avg Days on Market

74

Redfin, Las Vegas average days on market for active listings, 2026 snapshot.

Avg Price / Sq Ft

$252

Redfin, Las Vegas average price per square foot, October 2026 snapshot.

Active Listings

~10,600

Realtor.com, Las Vegas, NV homes for sale snapshot. Counts vary by source, property type, and snapshot date.

Median Rent

$1,732

-0.1% MoM

Zillow Observed Rent Index, Las Vegas metro, September 2026; down 0.1% month over month and up 0.5% year over year.

% Sold Above List

~21%

Redfin, Las Vegas metro, share of homes sold above list price, May 2026 snapshot.

% Price Decreases

~23%

Realtor.com, share of Las Vegas listings with a price reduction, July 2026 analysis.

Figures are a snapshot from Realtor.com, Redfin, and Zillow and may differ from live MLS counts.

What this week's numbers mean

This week's numbers say what they have been saying for a while: more homes for buyers to choose from, steadier asking prices, and a market that rewards realistic pricing. Realtor.com's Las Vegas snapshot shows about 10,600 homes for sale with a median list price near $449,700, while Las Vegas REALTORS counted roughly 8,000 single-family homes without accepted offers at the end of September, up 6.6% from a year earlier, and roughly one in four active listings has taken a price cut. Homes are still selling in about 74 days, so a thoughtfully priced home continues to move while overpriced listings get passed over, which is exactly why pricing against current evidence matters more than ever.

Market conditions change weekly, and valley-wide numbers rarely tell your street's story. For current numbers on a specific property, contact Sandy Margolin.

Updated week of November 2, 2026

Sources: Realtor.com · Redfin · Zillow Observed Rent Index

Understanding Market Statistics

Las Vegas Valley markets can behave differently by area, community, property type, price range, condition, and other property characteristics. Broad market statistics are useful for understanding trends, but individual buying and selling decisions require property-specific analysis.

A home's likely market value should not be determined from one general statistic alone. With 36+ years of Las Vegas real estate experience and a background in property appraisal, Sandy Margolin helps clients interpret market data in the context of their specific property and goals.

Want to Know What the Market Means for Your Home or Move?

Market reports provide context. For a property-specific analysis tailored to your situation, schedule a private strategy session or explore common real estate questions.