2024 Las Vegas_Henderson Housing Price trends
Posted by Paul Spaulding on
February 2024
Based on the latest data the Las Vegas residential real estate market continued to show signs of cooling down in February 2024 compared to recent peak levels.
Single Family Residential (SFR) Insights:
-2,699 new listings taken
-3,869 available units on the market
-2,597 pending sales
-1,912 closed sales
-Median list price of $532,744
-Average list price of $940,024
-Median sold price of $460,000
-Average sold price of $578,437
-3.0 months of inventory
-30-day absorption rate 49.4%
-Average days on market of 51
The SFR market remains relatively balanced with 3 months of inventory, though tilting towards more of a buyer's market compared to the tight seller's conditions of the past couple of years. Rising inventory levels and days on market, combined…
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