Market Report — Monthly Series

The Las Vegas Market Report

← All guides

Once a month, after the Las Vegas REALTORS publish the prior month’s closings, I write up what the numbers mean for the three kinds of clients I work with: people moving from California, buyers from $500,000 to luxury, and investors. Every edition stays online under its own date, so you can see what I said and whether it held up. Rules and laws move on a slower clock and live on their own page, updated quarterly.

Monthly · One Field

Get This Report by Email Each Month

One email when each edition is published, mid-month, after the Las Vegas REALTORS release the prior month’s closings: the median, the supply, rates, and what it means if you are moving, buying, or investing. Written by me, not a drip campaign.

One email a month. Reply “stop” and you are off the list. Privacy policy.

Latest Edition

October 2026 Edition

Las Vegas Market Report: October 2026

A $470,000 median, five months of supply and 7.40% rates. What California equity buys here this month, county by county; where future supply above $1 million is coming from; and the rules investors need on their list, from HOA rental caps to short-term rentals.

Read the October report →
Law & Rules · Quarterly

Nevada Real Estate Law Changes: What Took Effect and What Is Coming

Written brokerage agreements, the all-in rent rule, HOA solar deadlines, the casita law and its HOA rental amendments, delayed-marketing listings, and what the 2027 Legislature may bring. Each item says who it touches and what I check before an offer.

Read the law update →

All Editions

EditionData monthSingle-family medianMonths of supplyThe one-line read
October 2026September 2026$470,000About 5Prices flat, pace slower; rates at 7.40% did more to sales than anything local.
September 2026August 2026$475,0004.5+Balanced market tilting to buyers below the median; Fed raised rates the week the numbers landed.

Editions are added here as they publish, normally between the 10th and the 20th of each month. Earlier pricing commentary from August 2026 was folded into the September edition.

The Long View

The monthly editions use closed-sale medians from the Las Vegas REALTORS. The chart below is the other lens: Zillow’s typical home value for the two Summerlin halves, Henderson, and the metro, three years back. It is an index of a typical home rather than a median of what sold, so it moves more smoothly and is the better tool for the direction of a neighborhood over time. Prices climbed through early 2025 and have eased by one to three percent since, depending on the area.

Typical single-family home value, last 36 months Zillow Home Value Index for Summerlin South, Summerlin North, Henderson, and the Las Vegas metro, 2023-08 to 2026-08. $400K $450K $500K $550K $600K $650K $700K $750K Jan 2024 Jul 2024 Jan 2025 Jul 2025 Jan 2026 Jul 2026 Summerlin South $724K Summerlin North $662K Henderson $497K Las Vegas metro $444K Chart: Vegas VIP Me, vegasvipme.com · Data: Zillow Research (ZHVI), through Aug 2026
Typical single-family home value, 2023–2026. Source: Zillow Home Value Index, single-family, mid-tier, smoothed and seasonally adjusted, through August 2026. An index value is an estimate of the typical home, not a median of closed sales. This chart and table may be reproduced with credit to Vegas VIP Me (linked to vegasvipme.com) and to Zillow Research.
AreaAugust 20261-year change3-year change
Summerlin South$724K-1.1%+11.7%
Summerlin North$662K-2.1%+9.6%
Henderson$497K-2.3%+3.9%
Las Vegas metro$444K-2.7%+3.7%

How to Read These Reports

Terms Used Every Month
Median sale price
The middle closed price for the month; half sold for more, half for less. It says less about luxury than about the market as a whole, which is why the editions treat the segments separately.
Months of supply
Listings without an offer divided by the month’s sales. Below four months favors sellers; above six favors buyers; the space between is balanced.
Sold within 60 days
The share of closed homes that went under contract inside two months of listing. When it falls, sellers who priced to the last peak are the ones waiting.
Typical home value (ZHVI)
Zillow’s estimate of the value of a typical home in an area, smoothed and seasonally adjusted. An estimate, not a sale, and never a substitute for comparable sales on the specific property.
Free, No Obligation

Want the Report for Your Price Point Each Month?

Tell me your budget, timeline, and which of the three readers you are. I’ll send the parts that apply, with current pricing for the neighborhoods that fit, when each edition publishes.

Planning a golf, spa, or convention trip instead? Use the concierge form →

I read and reply to every message myself, within one business day. Prefer plain email? (new inquiries get a faster reply through the form).