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Las Vegas

Why you'd want to live in Las Vegas

Las Vegas has a reputation as an adults-only playground, thanks to an iconic stretch of Las Vegas Boulevard. However, just beyond the Strip, residents enjoy pleasant suburban communities, world-class restaurants and beautiful parks undisturbed by the glare of neon lights. Cultural institutions like the Smith Center for the Performing Artsand numerous museums offer quiet alternatives to the Strip, while nearby state and national parks – including Lake Mead, Red Rock Canyon National Conservation Area, Spring Mountain Ranch State Park and Valley of Fire State Park – offer ample opportunities to enjoy the outdoors. It seems like there is always something happening in Las Vegas. The Las Vegas Food & Wine Festival, along with the myriad celebrity chef restaurants on the Strip, keep foodies busy, while bibliophiles gravitate toward the annual Las Vegas Book Festival. For better or worse, Las Vegas' popularity as a tourist destination, combined with population growth, can give the metro area a revolving-door feel. Many Las Vegans are not native to the area, and new people are continually moving here. via realestate.usnews.com

Las Vegas Market Report

$737,958

AVERAGE PRICE OF 6,809 HOMES

$523,333

AVERAGE PRICE OF 155 DISTRESSED HOMES

$2,735,362

AVERAGE PRICE OF 836 MULTI-MILLION DOLLAR HOMES

$815,199

AVERAGE PRICE OF 657 NEWLY BUILT HOMES

$1,286,145

AVERAGE PRICE OF 1,437 HOMES WITH A POOL

$605,363

AVERAGE PRICE OF 330 REDUCED PRICE HOMES

Average Home

Average Price $737,958
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.55 baths

Average Price by Bedrooms

1 bedroom $339,057
2 bedrooms $414,591
3 bedrooms $536,095
4 bedrooms $834,859
5 bedrooms $1,252,642
Las Vegas Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 6,540 6,234 6,054 5,941 6,057
Average Price $743,729 $735,626 $722,460 $718,401 $712,309
Avg Price Change +1.10% +1.82% +0.57% +0.86% +0.10%
Median Price $449,998 $449,158 $442,650 $441,160 $441,729
Med Price Change +0.19% +1.47% +0.34% -0.13% -0.97%
Avg Bedrooms 2.84 beds 2.84 beds 2.83 beds 2.84 beds 2.84 beds
Avg Bathrooms 2.52 baths 2.51 baths 2.5 baths 2.51 baths 2.51 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palo Verde 634 $980,744 55 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 6,809 $737,958 79 days
Distressed Homes 155 $523,333 129 days
Multi-Million Dollar Homes 836 $2,735,362 127 days
Newly Built Homes 657 $815,199 67 days
Homes with a Pool 1,437 $1,286,145 64 days
Reduced Price Homes 330 $605,363 53 days
Advantage Realty Ltd
Karen Cocchiaro-License Number: B0144644
205 E Warm Springs Rd, Ste 100
Las Vegas, NV 89119
702-333-0090

UP5DB701E1507748.jpgThe data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. The information being provided is for the consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. GLVAR MLS deems information reliable but not guaranteed. Copyright 2024 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
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