January 2026 Las Vegas Market Update
I’m excited to share the latest snapshot of the Las Vegas Valley single-family home market for January 2026.
A total of 1,460 homes sold in January.
⬇️ 20% compared to last month
⬇️ 8% compared to this time last year
⏳ Pending Sales
There are currently 2,035 homes pending.
⬆️ 41% vs. previous month
⬆️ 7% vs. previous year
📦 Inventory (Available Homes)
We’re seeing 6,839 homes available on the market.
⬇️ 6% month over month
⬆️ 2% year over year
💰 Average Sales Price
The average sales price is now $618,103.
⬆️ 2% vs. last month
⬆️ 3% vs. last year
What This Means
Pending sales are up significantly, signaling strong buyer activity moving into early 2026. While closed sales dipped month-to-month, rising prices and increased pending transactions suggest continued demand in the market.
Insights into Las Vegas Valley's Residential Markets
Discover the latest MLS developments throughout the Las Vegas Valley to gain a detailed perspective on today’s real estate landscape. Stay informed about broader sales trends and key insights into new and existing homes. Please note that our data covers a variety of residential property types, providing a more precise snapshot of the wide range of options available to homebuyers.
