The Las Vegas housing market closed out October on a stronger note, showing resilience as we head toward the holiday season.
This week’s market update shows:
🏠 827 New Listings
📝 497 Under Contract
🔑 510 Sold
⏱️ 47 Days on Market
💰 Median Price: $483,000
For the week ending November 2, 2025, Las Vegas saw 827 new listings, 497 homes go under contract, and 510 closings. Days on market averaged 47, and the median sales price rose to $483,000.
That increase comes after several weeks of upward movement and this time, a $12.5 million sale helped push the median price higher. Luxury sales don’t necessarily reflect what’s happening in entry-level or mid-range neighborhoods, but they do impact our overall numbers. It’s a reminder that Las Vegas is a city of distinct micro-markets, and each tells its own story.
Across Summerlin, Henderson, and the Northwest, inventory remains steady, and buyers are still active thanks to slightly lower mortgage rates. While national averages sit around 6.3%, local buyers are seeing mid-5% rates, and some builders are rolling out year-end promotions with rates below 3%.
For buyers, these incentives could translate into tens of thousands in savings. For sellers, steady demand and low inventory are helping keep prices stable. Either way, this is a strategic moment to have a plan whether you’re buying before rates shift or listing ahead of the new year.
As I continue to track the data, I’ll also be adding more micro-market reports to help you see what’s really happening in your area. Because what’s true for Henderson may look very different in Summerlin or the Northwest.
If you’re curious about how today’s market affects your home value or buying power, reach out for a personal strategy session.
