Las Vegas Real Estate Market Update Week Ending August 31, 2025
📊 Las Vegas Real Estate Market Update Week Ending August 31, 2025
As we head into September, the Las Vegas housing market is starting to show signs of shifting but we’re far from a full stop.
This past week, 978 new listings hit the market, and we wrapped the month with 635 closings a strong finish to summer. That said, accepted offers have been slowing over the past couple of weeks, and some media outlets are calling this a “stalled market.”
So, what’s really happening?
📈 The median sales price jumped back up to $482,000, indicating that demand is still there especially for well-prepped, properly priced homes.
📉 Interest rates are holding at 6.6%, the lowest we’ve seen in 10 months.
📆 Days on market averaged 44, reflecting slightly more time for homes to sell compared to earlier in the year.
🔍 Under contract volume came in at 523 signaling that while buyer activity has slowed, the market is still moving.
As we transition into the fall season, strategy matters more than ever. Whether you're thinking of buying, selling, or just trying to understand where things are headed, I’m here to help you make informed, confident decisions.
✨ I’d love to be your partner for your real estate journey! Message me when you're ready to make a plan to win in this market!
