Enjoy this real estate market report for the Las Vegas-Henderson-North Las
Vegas, and greater Las Vegas area.

Enjoy this real estate market report for the Las Vegas-Henderson-North Las Vegas, and greater Las Vegas area.

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Average Price Ranges through August 31st, 2019

The median (average minus the highest and lowest sales) sales price for single-family homes in the Las Vegas area is $300,000 through August 31st, 2019.

Property SubtypeSale Price, Median
Single Family Residential$300,000
Townhouse$210,000
Condominium$145,000
Manufactured Home$140,000
Property TypeSale Price, Median
High Rise$381,000
Multiple Dwelling$310,000
Residential$273,000
Vacant/Subdivided Land$194,500
Residential Rental$2,495

Housing Market Predictions 2019

In higher demand areas of the Valley, we expect to still encounter multiple offers where the majority of home sales now will be more “available” to buyers. 2019 will continue to be a great market for both buyers and sellers.

Existing-Home Sales

A total of 32,710 homes were sold in the city of Las Vegas so far this year.

MonthSales, Number of
Jan3,120
Feb3,350
Mar4,130
Apr4,178
May4,545
Jun4,141
Jul4,503
Aug4,583

Average Time on Market

Days on Market by Month 2019

MonthDays to Sell, Median
Jan26
Feb23
Mar22
Apr19
May20
Jun17
Jul19
Aug22

Days on Market by Property Type

Property SubtypeDays to Sell, Median
Manufactured Home28
Condominium28
Single Family Residential27
Townhouse26
Property TypeDays to Sell, Median
Vacant/Subdivided Land106
High Rise42
Multiple Dwelling29
Residential27
Residential Rental14

Listing Volume

The total number of active listings in the City of Las Vegas in August of 2019 was 12,404 just under the 2 months prior.

MonthActive Listings, Number of
Jan11,948
Feb11,847
Mar11,777
Apr11,988
May12,311
Jun12,570
Jul12,592
Aug12,404

Average List to Close Price

Homes in Las Vegas are selling very close to the price they were originally listed for. Homes not priced right may be reflected in the number of expired listings rather than sales.

MonthClose Price to Original Price Ratio
Jan99.2%
Feb98.8%
Mar99.0%
Apr99.0%
May98.8%
Jun99.5%
Jul98.8%
Aug98.5%
Sep100.0%

Expired Listings in Las Vegas

There were 576 home listings that expired in the month of Augustin the city of Las Vegas. 4,430 listing contracts expired so far in 2019.

The seller may have relisted with the same agent, another agent, or postponed selling altogether. It is possible, the seller decided to lease the property for rental income rather than selling.

Mortgage rates are low and Las Vegas is still a hot market for the home seller.

MonthExpired Listings, Number of
Jan557
Feb499
Mar606
Apr553
May501
Jun594
Jul518
Aug576

North Las Vegas Housing Market

The North Las Vegas housing market ended August 2019 with a median single-family home price of $270,00.

MonthSale Price, Median
Jan$259,900
Feb$255,000
Mar$260,000
Apr$267,000
May$265,000
Jun$272,000
Jul$265,000
Aug$270,000

Henderson Market Values

Henderson, Nevada shows an average price for $319,500.

MonthSale Price, Median
Jan$310,000
Feb$318,500
Mar$315,000
Apr$315,605
May$321,000
Jun$324,950
Jul$315,000
Aug$319,500

Year-to-Year Comparison of Months Supply of Inventory

Effective Months of Availability

Home Values by Neighborhood

Aliante

Property SubtypeSale Price, Median
Single Family Residential$349,000
Townhouse$215,000
Condominium$174,000

Anthem

Property SubtypeSale Price, Median
Single Family Residential$468,000
Condominium$282,500

Anthem Country Club

Property SubtypeSale Price, Median
Single Family Residential$775,000

Ardiente

Property SubtypeSale Price, Median
Single Family Residential$312,000

Arlington Ranch

Property SubtypeSale Price, Median
Single Family Residential$333,250
Townhouse$214,000

Cadence

Property SubtypeSale Price, Median
Single Family Residential$376,000
Townhouse$310,000

Calico Ridge

Property SubtypeSale Price, Median
Single Family Residential$438,994

Canyon Estates

Property SubtypeSale Price, Median
Single Family Residential$685,378
Condominium$142,000

Canyon Gate

Property SubtypeSale Price, Median
Single Family Residential$675,000
Townhouse$217,000
Condominium$158,500

Centennial Hills

Property SubtypeSale Price, Median
Single Family Residential$325,000
Townhouse$218,000
Condominium$155,000

Champion Village

Property SubtypeSale Price, Median
Single Family Residential$380,000

Coronado Ranch

Property SubtypeSale Price, Median
Single Family Residential$362,000
Townhouse$315,000

Desert Shores

Property SubtypeSale Price, Median
Single Family Residential$375,000
Townhouse$303,000
Condominium$135,000

Desert Trails

Property SubtypeSale Price, Median
Single Family Residential$299,900

Eldorado

Property SubtypeSale Price, Median
Single Family Residential$310,000
Townhouse$247,000

Elkhorn Ranch

Property SubtypeSale Price, Median
Single Family Residential$258,500
Townhouse$227,000

Elkhorn Springs

Property SubtypeSale Price, Median
Single Family Residential$267,000

Foothills at MacDonald Ranch

Property SubtypeSale Price, Median
Single Family Residential$784,900

Green Valley

Property SubtypeSale Price, Median
Single Family Residential$346,500
Townhouse$231,650
Condominium$185,000

Green Valley Ranch

Property SubtypeSale Price, Median
Single Family Residential$425,500
Townhouse$296,000
Condominium$239,999

Green Valley South

Property SubtypeSale Price, Median
Single Family Residential$319,950
Townhouse$235,000
Condominium$199,000

Higlands Ranch

Property SubtypeSale Price, Median
Single Family Residential$360,000

Hillsboro

Property SubtypeSale Price, Median
Single Family Residential$661,000

Inspirada

Property SubtypeSale Price, Median
Single Family Residential$390,000
Townhouse$315,450
Condominium$278,500

Iron Mountain Ranch

Property SubtypeSale Price, Median
Single Family Residential$305,000

Lake Las Vegas

Property SubtypeSale Price, Median
Single Family Residential$570,000
Townhouse$393,000
Condominium$280,000

Las Casitas

Property SubtypeSale Price, Median
Townhouse$152,500
Condominium$138,000

Las Vegas Country Club

Property SubtypeSale Price, Median
Single Family Residential$395,000
Townhouse$240,000
Condominium$133,500

Legacy

Property SubtypeSale Price, Median
Single Family Residential$477,500
Townhouse$268,000
Condominium$139,900

Lone Mountain

Property SubtypeSale Price, Median
Single Family Residential$329,500
Condominium$176,500

Lone Mountain West

Property SubtypeSale Price, Median
Single Family Residential$310,000
Townhouse$231,000

Los Prados

Property SubtypeSale Price, Median
Single Family Residential$320,000
Townhouse$235,000

Lynbrook

Property SubtypeSale Price, Median
Single Family Residential$315,000

MacDonald Highlands

Property SubtypeSale Price, Median
Single Family Residential$1,815,000
Townhouse$1,519,110

MacDonald Ranch

Property SubtypeSale Price, Median
Single Family Residential$517,500

Madeira Canyon

Property SubtypeSale Price, Median
Single Family Residential$590,000

McNeill

Property SubtypeSale Price, Median
Single Family Residential$451,250

Mesa Verde

Property SubtypeSale Price, Median
Townhouse$252,380
Single Family Residential$207,000

Mira Villa

Property SubtypeSale Price, Median
Condominium$875,000

Mission Hills

Property SubtypeSale Price, Median
Single Family Residential$500,000
Condominium$200,000

Monaco

Property SubtypeSale Price, Median
Single Family Residential$300,000

Montecito

Property SubtypeSale Price, Median
Single Family Residential$490,000

Mountain Falls

Property SubtypeSale Price, Median
Single Family Residential$257,000

Mountains Edge

Property SubtypeSale Price, Median
Single Family Residential$315,000
Townhouse$240,500

Mount Charleston Golf Estates

Property SubtypeSale Price, Median
Townhouse$91,000

Nevada Trails

Property SubtypeSale Price, Median
Single Family Residential$440,000

North Shores

Property SubtypeSale Price, Median
Single Family Residential$289,500
Townhouse$217,000
Condominium$170,000

Painted Desert

Property SubtypeSale Price, Median
Single Family Residential$329,000
Townhouse$227,000
Condominium$195,000

Paradise Hills

Property SubtypeSale Price, Median
Single Family Residential$350,000
Townhouse$174,500

Peccole Ranch

Property SubtypeSale Price, Median
Single Family Residential$330,000
Condominium$199,450

Providence

Property SubtypeSale Price, Median
Single Family Residential$312,500

Queensridge

Property SubtypeSale Price, Median
Single Family Residential$750,000
Townhouse$300,000

Rancho Circle

Property SubtypeSale Price, Median
Single Family Residential$700,000
Condominium$81,000

Rancho Las Palmas

Property SubtypeSale Price, Median
Single Family Residential$252,000

Red Rock Country Club

Property SubtypeSale Price, Median
Single Family Residential$922,000

Rhodes Ranch

Property SubtypeSale Price, Median
Single Family Residential$388,944
Condominium$176,000

Roma Hills

Property SubtypeSale Price, Median
Single Family Residential$1,270,000

Scotch 80’s

Property SubtypeSale Price, Median
Single Family Residential$757,500

Seven Hills

Property SubtypeSale Price, Median
Single Family Residential$487,500
Condominium$160,950

Shadow Hills

Property SubtypeSale Price, Median
Single Family Residential$377,450

Siena

Property SubtypeSale Price, Median
Single Family Residential$460,000
Townhouse$305,000

Silver Springs

Property SubtypeSale Price, Median
Single Family Residential$275,000

Silverado Ranch

Property SubtypeSale Price, Median
Single Family Residential$295,000
Townhouse$239,900
Condominium$156,600

Silverstone Ranch

Property SubtypeSale Price, Median
Single Family Residential$360,000
Townhouse$270,000
Condominium$167,000

Skye Canyon

Property SubtypeSale Price, Median
Single Family Residential$415,000

Solera

Property SubtypeSale Price, Median
Townhouse$313,700
Single Family Residential$305,000

South Shore

Property SubtypeSale Price, Median
Single Family Residential$360,000
Condominium$150,000

South Valley Ranch

Property SubtypeSale Price, Median
Single Family Residential$258,500
Condominium$162,000

Southern Highlands

Property SubtypeSale Price, Median
Single Family Residential$373,500
Townhouse$278,000

Southern Terrace

Property SubtypeSale Price, Median
Single Family Residential$319,000

Southfork

Property SubtypeSale Price, Median
Single Family Residential$470,000
Townhouse$263,500

Southwest Ranch

Property SubtypeSale Price, Median
Single Family Residential$299,500

Spanish Hill

Property SubtypeSale Price, Median
Single Family Residential$975,000

Spanish Oaks

Property SubtypeSale Price, Median
Single Family Residential$478,944

Spanish Trail

Property SubtypeSale Price, Median
Single Family Residential$575,000
Townhouse$309,000
Condominium$196,000

Spring Mountain Ranch

Property SubtypeSale Price, Median
Single Family Residential$297,500
Condominium$143,000

Spring Valley

Property SubtypeSale Price, Median
Single Family Residential$301,000
Townhouse$216,550
Condominium$153,500

Stallion Mountain

Property SubtypeSale Price, Median
Single Family Residential$270,000

Summerlin

Property SubtypeSale Price, Median
Single Family Residential$470,000
Townhouse$318,000
Condominium$233,500

Summerlin Hills

Property SubtypeSale Price, Median
Single Family Residential$374,950
Condominium$215,000

Summerlin North

Property SubtypeSale Price, Median
Single Family Residential$370,000
Townhouse$299,900
Condominium$227,500

Summerlin South

Property SubtypeSale Price, Median
Single Family Residential$442,250
Townhouse$382,700
Condominium$334,000

Summerlin West

Property SubtypeSale Price, Median
Single Family Residential$510,000
Condominium$371,938
Townhouse$311,000

Sun City Aliante

Property SubtypeSale Price, Median
Single Family Residential$265,000

Sun City Anthem

Property SubtypeSale Price, Median
Single Family Residential$415,000
Townhouse$341,000

Sun City MacDonald Ranch

Property SubtypeSale Price, Median
Single Family Residential$314,500
Townhouse$264,000

Sun City Summerlin

Property SubtypeSale Price, Median
Single Family Residential$336,500
Townhouse$260,000

Sunridge at MacDonald Ranch

Property SubtypeSale Price, Median
Single Family Residential$397,000

The Bluffs

Property SubtypeSale Price, Median
Single Family Residential$309,000
Townhouse$219,000

The Lakes

Property SubtypeSale Price, Median
Townhouse$383,000
Single Family Residential$342,750
Condominium$156,000

The Mesa

Property SubtypeSale Price, Median
Townhouse$381,000

The Pueblo

Property SubtypeSale Price, Median
Single Family Residential$562,500

The Ridges

Property SubtypeSale Price, Median
Single Family Residential$1,692,500
Condominium$800,000

The Vineyards

Property SubtypeSale Price, Median
Single Family Residential$806,000

The Vistas

Property SubtypeSale Price, Median
Single Family Residential$329,500

The Willows

Property SubtypeSale Price, Median
Single Family Residential$295,000

Tierra De Las Palmas

Property SubtypeSale Price, Median
Single Family Residential$265,000
Condominium$122,000

Town Center

Property SubtypeSale Price, Median
Single Family Residential$329,900

Tuscany

Property SubtypeSale Price, Median
Single Family Residential$394,750
Townhouse$320,000

Valley Vista

Property SubtypeSale Price, Median
Single Family Residential$343,500

Whitney Ranch

Property SubtypeSale Price, Median
Single Family Residential$320,000
Condominium$125,000

Winery

Property SubtypeSale Price, Median
Single Family Residential$272,350

Woodcrest

Property SubtypeSale Price, Median
Single Family Residential$228,000

Las Vegas Zip Codes

89044

Property SubtypeSale Price, Median
Single Family Residential$374,900
Townhouse$312,500
Condominium$278,500
Manufactured Home

89054

Property SubtypeSale Price, Median
Manufactured Home$99,880

89101

Property SubtypeSale Price, Median
Single Family Residential$194,000
Condominium$155,000
Townhouse$115,600

89102

Property SubtypeSale Price, Median
Single Family Residential$271,000
Townhouse$173,000
Condominium$120,000

89103

Property SubtypeSale Price, Median
Single Family Residential$282,500
Townhouse$185,500
Manufactured Home$132,500
Condominium$130,000

89104

Property SubtypeSale Price, Median
Single Family Residential$235,000
Townhouse$202,250
Condominium$128,000

89105

Property SubtypeSale Price, Median
Single Family Residential$757,500

89106

Property SubtypeSale Price, Median
Single Family Residential$199,900
Townhouse$95,500
Condominium$50,000

89107

Property SubtypeSale Price, Median
Single Family Residential$237,000
Townhouse$185,000
Condominium$111,500

89108

Property SubtypeSale Price, Median
Single Family Residential$240,000
Townhouse$140,000
Manufactured Home$140,000
Condominium$127,500

89109

Property SubtypeSale Price, Median
Single Family Residential$395,000
Townhouse$240,000
Condominium$133,0008

89110

Property SubtypeSale Price, Median
Single Family Residential$234,900
Townhouse$129,900
Manufactured Home$115,500
Condominium$109,999

89113

Property SubtypeSale Price, Median
Single Family Residential$362,769
Townhouse$299,500
Condominium$170,000

89114

Property SubtypeSale Price, Median
Single Family Residential$320,000

89115

Property SubtypeSale Price, Median
Single Family Residential$225,000
Townhouse$168,614
Condominium$88,500
Manufactured Home$76,000

89116

Property SubtypeSale Price, Median
Single Family Residential$352,000
Condominium$69,250

89117

Property SubtypeSale Price, Median
Single Family Residential$365,000
Townhouse$250,000
Condominium$153,000
Manufactured Home$127,000

89118

Property SubtypeSale Price, Median
Single Family Residential$314,000
Townhouse$255,000
Condominium$148,250

89119

Property SubtypeSale Price, Median
Single Family Residential$250,000
Townhouse$123,000
Condominium$113,000
Manufactured Home$93,500

89120

Property SubtypeSale Price, Median
Single Family Residential$285,000
Manufactured Home$156,000
Condominium$140,000
Townhouse$136,500

89121

Property SubtypeSale Price, Median
Single Family Residential$250,000
Townhouse$185,000
Manufactured Home$128,000
Condominium$126,000

89122

Property SubtypeSale Price, Median
Single Family Residential$241,000
Townhouse$183,500
Manufactured Home$146,000
Condominium$122,500

89123

Property SubtypeSale Price, Median
Single Family Residential$316,625
Townhouse$229,450
Condominium$185,000

89124

Property SubtypeSale Price, Median
Single Family Residential$330,000

89128

Property SubtypeSale Price, Median
Single Family Residential$316,000
Townhouse$212,000
Condominium$149,900

89129

Property SubtypeSale Price, Median
Single Family Residential$305,000
Townhouse$224,950
Condominium$178,000

89130

Property SubtypeSale Price, Median
Single Family Residential$288,900
Townhouse$227,500
Condominium$148,500

89131

Property SubtypeSale Price, Median
Single Family Residential$346,500
Townhouse$250,000
Condominium$146,000

89132

Property SubtypeSale Price, Median
Townhouse$266,999

89134

Property SubtypeSale Price, Median
Single Family Residential$360,000
Townhouse$260,000
Condominium$238,875

89135

Property SubtypeSale Price, Median
Single Family Residential$463,500
Condominium$376,975
Townhouse$362,500

89138

Property SubtypeSale Price, Median
Single Family Residential$510,000
Condominium$364,900
Townhouse$335,500

89139

Property SubtypeSale Price, Median
Single Family Residential$296,000
Condominium$145,750

89141

Property SubtypeSale Price, Median
Single Family Residential$341,000
Townhouse$260,000

89142

Property SubtypeSale Price, Median
Single Family Residential$235,000
Townhouse$191,000
Condominium$119,000
Manufactured Home$86,500

89143

Property SubtypeSale Price, Median
Single Family Residential$288,950
Townhouse$248,000

89144

Property SubtypeSale Price, Median
Single Family Residential$394,000
Townhouse$295,000
Condominium$220,000

89145

Single Family Residential$265,000
Townhouse$215,000
Condominium$141,000

89146

Property SubtypeSale Price, Median
Single Family Residential$347,450
Townhouse$190,000
Condominium$145,000

89147

Property SubtypeSale Price, Median
Single Family Residential$300,000
Townhouse$230,000
Condominium$165,000

89148

Property SubtypeSale Price, Median
Single Family Residential$332,470
Townhouse$287,876
Condominium$175,000

89149

Property SubtypeSale Price, Median
Single Family Residential$328,450
Townhouse$225,000
Condominium$177,900

89156

Property SubtypeSale Price, Median
Single Family Residential$235,000
Townhouse$180,000
Manufactured Home$100,000
Condominium$94,000

89160

Property SubtypeSale Price, Median
Single Family Residential$265,000

89161

Property SubtypeSale Price, Median
Single Family Residential$736,500

89166

Property SubtypeSale Price, Median
Single Family Residential$318,000
Manufactured Home$310,000
Condominium$130,000

89169

Property SubtypeSale Price, Median
Single Family Residential$246,500
Condominium$86,000
Townhouse$85,000

89176

Property SubtypeSale Price, Median
Single Family Residential$285,000

89178

Property SubtypeSale Price, Median
Single Family Residential$310,000
Townhouse$237,000
Condominium$190,000

89179

Property SubtypeSale Price, Median
Single Family Residential$321,000

89183

Property SubtypeSale Price, Median
Single Family Residential$285,000
Townhouse$258,000
Condominium$162,500

89186

Property SubtypeSale Price, Median
Single Family Residential$280,000

89193

Property SubtypeSale Price, Median
Townhouse$155,000
Condominium$152,000

Henderson Zip Code Home Prices

89002

Property SubtypeSale Price, Median
Single Family Residential$340,000
Townhouse$226,000

89011

Property SubtypeSale Price, Median
Single Family Residential$338,000
Condominium$270,000
Townhouse$222,000

89012

Property SubtypeSale Price, Median
Single Family Residential$362,000
Townhouse$264,500
Condominium$215,000

89014

Property SubtypeSale Price, Median
Single Family Residential$330,000
Manufactured Home$220,000
Townhouse$212,495
Condominium$171,500

89015

Property SubtypeSale Price, Median
Single Family Residential$275,000
Townhouse$182,000
Manufactured Home$162,450
Condominium$142,250

89044

Property SubtypeSale Price, Median
Single Family Residential$374,900
Townhouse$312,500
Condominium$278,500
Manufactured Home$134,000

89052

Property SubtypeSale Price, Median
Single Family Residential$435,000
Townhouse$286,250
Condominium$195,000

89074

Property SubtypeSale Price, Median
Single Family Residential$340,000
Townhouse$241,000
Condominium$180,000

North Las Vegas Home Prices by Zip

89030

Property SubtypeSale Price, Median
Single Family Residential$195,000
Townhouse$99,000
Manufactured Home$74,900
Condominium$73,500

89031

Property SubtypeSale Price, Median
Single Family Residential$265,000
Townhouse$217,500
Condominium$184,950

89032

Property SubtypeSale Price, Median
Single Family Residential$255,000
Townhouse$235,000
Condominium$120,000

89081

Property SubtypeSale Price, Median
Single Family Residential$282,500
Condominium$174,250

89084

Property SubtypeSale Price, Median
Single Family Residential$315,000
Townhouse$216,000
Condominium$173,000

89085

Property SubtypeSale Price, Median
Single Family Residential$345,000

89086

Property SubtypeSale Price, Median
Single Family Residential$303,000

Featured Listings

Summary
Las Vegas Real Estate Market Report - This Month 2019
Article Name
Las Vegas Real Estate Market Report - This Month 2019
Description
At the end of the month, there were 7,959 single-family homes on the market in Las Vegas. Read More about what's happening in the Las Vegas Real Estate Market here.
Author
Publisher Name
Lori Ballen Team
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