Las Vegas Housing Market Report
August 2026 · Townhomes & Condos
The Las Vegas metro’s largest housing market — every price tier from downtown condos to Summerlin estates. All figures below are sold-side data from Las Vegas REALTORS (GLVAR) via Repliers IDX, refreshed daily.
How has the median sold price trended over 12 months?
Las Vegas · sold-side GLVAR data via Repliers IDX
Are homes selling faster or slower in Las Vegas?
Las Vegas · sold-side GLVAR data via Repliers IDX
How many homes are closing each month?
Las Vegas · sold-side GLVAR data via Repliers IDX
What’s happening in the Las Vegas market this month?
In August 2026, the median sold price in Las Vegas was $247,000 — up 3.3% from the same month a year ago. The average sold price came in at $280,568, and Las Vegas recorded 100 closed home sales for the month, totaling roughly $28,056,765 in volume.
Homes took a median of 45 days to go under contract, 9 days slower than a year ago. That is a balanced pace where correctly priced homes still move.
Sales volume ran lower than a year ago (−8.3%), a read on how much demand is actually transacting rather than just how prices look. Over the trailing 12 months, the median has moved down about 8.2%.
For buyers, the window to negotiate is narrower on the sharpest listings, so getting pre-approved and moving decisively still matters. Well-priced, well-presented Las Vegas homes are still selling; overpriced ones sit. These are sold-side figures from the MLS; for what your specific Las Vegas home is worth today, an address-level analysis beats any monthly average.
How is this Las Vegas market report calculated?
Every figure is sold-side data — median and average closed price, median days on market from list to contract, and the count of homes that actually closed in Las Vegas each month. Year-over-year comparisons use the same month one year earlier. Data comes from Las Vegas REALTORS (GLVAR) through the Repliers IDX feed and refreshes daily; the 12-month charts above lock each completed month so the trend line never shifts after the fact. This is the same data our team uses when we price a Las Vegas home. The figures on this tab reflect townhomes & condos only — use the tabs above to switch property type.
What is your Las Vegas home worth in today’s market?
Averages are a starting point — your home’s value depends on its exact street, condition, and this week’s competition. Get a no-obligation, address-specific analysis from the Nevada Real Estate Group team.
Other market reports: Henderson · North Las Vegas · Boulder City · Pahrump · Mesquite · Summerlin · Green Valley · Mountains Edge · By ZIP code →