What’s Happening in Las Vegas Real Estate For 2025

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  • 2025
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What's Happening in Las Vegas Real Estate For 202

What’s Happening in Las Vegas Real Estate For 2025

Stay ahead of the curve with the latest insights on what’s happening in Las Vegas real estate market for 2025! In this video, we’ll dive into the current trends, updates, and predictions that are shaping the industry. From housing prices to market forecasts, we’ll cover it all. Whether you’re a real estate investor, agent, or simply looking to buy or sell a property, this video is for you.

Get ready to learn what’s happening in Las Vegas real estate for 2025 and how you can navigate the market with confidence.

 

What’s Happening in 2025 Las Vegas Real Estate Market?

In the Las Vegas real estate market, March 2025 saw a median home sale price of around 439,000, which was a 7.2% increase from the prior year.  While there were 9,111 homes for sale, up 17% from February, a significant 55.5% of homes sold below the asking price. Inventory levels, including single-family homes, have shown fluctuations, with some increases and declines in recent months. Overall, the market is experiencing a cooling trend after the pandemic boom, with some signs of returning to a more balanced state. 

Elaboration:
  • Price Trends:
    The median home sale price in Las Vegas continued to climb in March 2025, indicating ongoing demand and value growth in the housing market. 
    Average Price $425K-$475K

  • Inventory Levels:
    While there was an increase in homes for sale compared to the previous month, the market overall showed a decrease in inventory compared to the peak seen in October and November of 2024. Single-family home inventory also saw a 12.5% increase over 30 days. 

  • Sales Below Ask

What’s Happening in 2025 Las Vegas Real Estate Market?

Current 30-year fixed mortgage rates are fluctuating around 6.80% – 7.00%, with APRs ranging from 6.85% to 7.129%. 15-year fixed rates are generally around 6.02% – 6.271% with corresponding APRs of 6.10% – 6.279%. These rates can vary based on loan type (e.g., FHA, VA) and other factors.

Interest Rates For Nevada 2025

Today’s 30-year fixed mortgage rates

6.875%  to 7.046% Rate

What's Happening in Las Vegas Real Estate For 2025

 

 

 

 

 

 

 

 

 

 

 

Shane Judge Realtor Las Vegas

 

 

 

 

 

 

 

 

 

 

 

 

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ABOUT ME:

I’m Shane your Las Vegas Real Estate Advisor! If you’ve just discovered my channel, here are some credentials on why I should be your go-to Las Vegas Real Estate Advisor. First off, being an entrepreneur and business owner led me to invest in both residential and commercial properties for the past decade. Although I’ve experienced different regions of the west coast I decided to make Las Vegas my home. Why? Because of the cost of living, extensive outdoor activities, boundless entertainment options, tax benefits and having an international airport that has flights that are within an hour to some of the most amazing destinations in America.

What’s Happening in Las Vegas Real Estate For 2025

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