Las Vegas Monthly Market Update — December 2025
Single-Family Homes | Las Vegas Valley
As we closed out 2025, the Las Vegas single-family housing market showed strong signs of seasonal momentum paired with growing inventory—setting the stage for a more balanced start to 2026.
🔑 Key Market Highlights
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2,454 homes sold, up 17% month-over-month and 2% year-over-year, signaling renewed buyer activity after the fall slowdown.
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2,176 homes pending, up 1% from November and 3% from last year, indicating continued demand heading into the new year.
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10,277 homes available, a notable 33% increase from last month and 9% higher than last year, giving buyers more choices than we’ve seen in recent months.
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Average sales price: $546,349, down 2% month-over-month, but still 1% higher year-over-year, reflecting modest price softening without a major correction.
📈 What This Means for Buyers
Inventory growth is creating opportunity. With more homes on the market and prices easing slightly from recent highs, buyers may find improved negotiating power—especially on well-priced homes that have been sitting longer. Sellers remain motivated, and interest rate sensitivity is shaping more realistic pricing strategies.
🏡 What This Means for Sellers
Homes are still selling, but pricing and presentation matter more than ever. While demand remains steady, increased inventory means buyers have options. Sellers who price competitively and prepare their homes well are seeing faster results, while overpriced listings face longer market times.
🔮 Looking Ahead to 2026
The combination of rising inventory and steady demand suggests the market is moving toward healthier balance. If interest rates stabilize, we could see continued activity with less volatility—creating opportunity for both buyers and sellers who act strategically.
If you’re considering a move in 2026 or would like a personalized market analysis for your neighborhood, now is the perfect time to start the conversation.
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.
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