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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 Arts and 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 its recent population growth, can give the metro area a revolving-door feel. Many Las Vegans are not native to the area, and recent economic growth means that new people are continually moving here. via realestate.usnews.com

Las Vegas Market Report

$601,202

AVERAGE PRICE OF 7,654 HOMES

$439,833

AVERAGE PRICE OF 111 DISTRESSED HOMES

$2,497,255

AVERAGE PRICE OF 667 MULTI-MILLION DOLLAR HOMES

$904,029

AVERAGE PRICE OF 393 NEWLY BUILT HOMES

$1,022,461

AVERAGE PRICE OF 1,754 HOMES WITH A POOL

$548,357

AVERAGE PRICE OF 215 REDUCED PRICE HOMES

Average Home

Average Price $601,202
Avg Bedrooms 2.94 beds
Avg Bathrooms 2.55 baths

Average Price by Bedrooms

1 bedroom $294,632
2 bedrooms $391,063
3 bedrooms $457,013
4 bedrooms $670,818
5 bedrooms $1,036,078
Las Vegas Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 7,769 7,630 7,326 7,192 7,101
Average Price $595,956 $588,625 $578,751 $572,482 $571,795
Avg Price Change +1.25% +1.71% +1.10% +0.12% +2.40%
Median Price $395,491 $388,411 $379,275 $366,522 $358,434
Med Price Change +1.82% +2.41% +3.48% +2.26% +2.88%
Avg Bedrooms 2.93 beds 2.91 beds 2.89 beds 2.83 beds 2.81 beds
Avg Bathrooms 2.54 baths 2.53 baths 2.52 baths 2.49 baths 2.49 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Clark Ed. W. 465 $729,155 84 days
Desert Oasis 461 $802,766 54 days
Durango 462 $872,062 55 days
Palo Verde 709 $900,968 49 days
Sierra Vista High 508 $527,864 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 7,654 $601,202 71 days
Distressed Homes 111 $439,833 227 days
Multi-Million Dollar Homes 667 $2,497,255 114 days
Newly Built Homes 393 $904,029 82 days
Homes with a Pool 1,754 $1,022,461 64 days
Reduced Price Homes 215 $548,357 41 days
PowerHOUSE Realtors | Realty ONE Group
2831 St. Rose Parkway Suite 100
Henderson, NV 89002
702-210-0943

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 2021 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
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