It’s the end of August 2020 and the Las Vegas Real Estate Market is strong. The median list price in Vegas is $394,900 which is a slight increase over last month. There were 3, 446 single-family homes listed in the city of Las Vegas.

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2020

Jan$224,900$240,000$269,000$289,894$313,000$335,000
Feb$225,000$248,000$265,000$289,000$315,000$333,950
Mar$235,000$250,000$269,900$299,990$319,000$329,000
Apr$230,000$249,900$269,999$302,500$325,000$330,000
May$237,490$254,900$270,000$308,880$325,000$349,890
Jun$239,900$256,450$275,000$309,990$324,999$350,000
Jul$230,950$250,000$274,500$315,000$324,350$349,900
Aug$239,900$249,900$279,694$314,894$324,500$350,000
Sep$239,000$258,500$279,900$315,000$320,000$350,000
Oct$230,000$250,750$279,888$315,000$329,900$349,990
Nov$230,000$250,000$279,944$309,900$319,000$348,888
Dec$229,900$250,000$275,000$309,900$320,000$345,000
Las Vegas Real Estate Market Report

You can access a real estate market report for your zip code here.

If you need to sell your house, call or text us at 702-604-7739 for an expert analysis on how much you could get today.


Previous Years

  • 2015: $216,800
  • 2016: $237,800
  • 2017: $266,800
  • 2018: $294,600
  • 2019: $310,000

Las Vegas Real Estate Market

North Las Vegas Home Prices 2020

Jan$169,950$185,000$202,500$237,000$267,500$279,000
Feb$175,000$182,000$210,000$241,100$264,250$285,000
Mar$176,000$196,000$215,000$249,900$263,000$293,250
Apr$180,700$199,900$216,000$255,000$272,250$285,000
May$180,000$195,000$215,000$255,000$272,250$299,000
Jun$186,500$196,500$220,000$260,000$276,555$298,000
Jul$179,945$199,500$227,125$265,000$274,900$295,000
Aug$184,450$200,000$227,500$268,000$279,000$300,000
Sep$180,000$205,450$230,000$266,250$281,900$299,000
Oct$184,800$199,000$233,750$265,000$275,000$305,000
Nov$178,000$202,889$230,000$265,000$279,000$310,000
Dec$181,000$205,000$237,450$270,000$283,250$307,450

Henderson Home Prices

Month201520162017201820192020
Jan$249,450$265,000$286,000$319,000$349,000$359,000
Feb$266,500$260,000$291,000$333,000$345,000$361,640
Mar$259,950$273,000$291,450$325,000$346,000$373,000
Apr$260,000$260,000$295,000$342,700$349,450$359,888
May$262,000$285,000$300,000$345,000$358,000$365,000
Jun$273,200$285,500$300,000$340,000$365,000$383,000
Jul$269,450$282,500$310,000$345,000$355,000$382,000
Aug$269,000$284,000$309,000$349,750$365,000$387,000
Sep$263,819$290,000$305,163$344,000$360,000$400,000
Oct$271,750$283,000$315,000$345,000$360,000$396,750
Nov$272,500$290,000$307,500$344,950$355,000$400,000
Dec$279,000$290,500$321,495$343,000$355,000$400,000
Is it a Good Time To Sell Your House In Las Vegas

Las Vegas doesn’t have the seasonality changes that affect some markets. Spring is certainly the most popular time to buy and sell a house in Las Vegas.

It’s always a good time to sell in Las Vegas when you consider months, yet times, when inventory is lower, can entice more buyers.

We see the highest number of real estate listings taken in the Months of June through October and then they taper off. Winter has the least amount of listings and while buyers tend to be in shorter supply, those that are shopping are generally serious buyers. And homes look amazing during the holidays in Las Vegas.

That being said, in the winter months, we do see a close price to list price ratio drop by 2% indicating sellers dropping prices towards the end of the year.

It’s a seller’s market and sellers are seeing top dollar while buyers are benefiting from the extremely low-interest rates.

What is the Average Cost For a House In Las Vegas

Lori Ballen REALTOR® reports that a single-family house located directly in the city of Las Vegas has an average sales price of $345,000. This is not including condo sales, townhome sales, or sales in nearby cities such as Las Vegas and Henderson.

Is the Las Vegas Real Estate Market Going To Crash in 2021

We expect to see a continuation of limited inventory with the influx of out of state buyers.

In Which Month in Las Vegas Does a House Sell The Fastest?

Spring months are generally fast-moving months.

Is it a Buyers or Sellers Market in Las Vegas?

It’s a seller’s market with limited inventory. Buyers need to be prepared to take action fast with their best offer when buying Las Vegas Real estate in 2021.

Who Can I Call to Sell My House in Las Vegas?

Call Lori Ballen Team at 702-604-7739 to buy or sell a house in Las Vegas, North Las Vegas, or Henderson, NV. Lori’s team is one of the top referred and preferred real estate teams in the Greater Las Vegas Area.
Lori Ballen Team is one of the top referred and preferred teams of Las Vegas.

Are Home Values in Southwest Las Vegas Increasing?

The southwest area of Las Vegas is booming. In December of 2015, the median home price for a single-family home in the Southwest part of Las Vegas was $248,000. In December 2018, the median sales price for a single-family property in Southwest Las Vegas was $340,000. The southwest area of Las Vegas is booming. In December of 2015, the median home price for a single-family home in the Southwest part of Las Vegas was $248,000. In December 2018, the median sales price for a single-family property in Southwest Las Vegas was $340,000.

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