Top Medium Teams in Las Vegas, Nevada – Ranked by Sides

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    • Rank – City SidesTeam NameCompanyLocationSidesProfile
    1Li TeamKeller WilliamsLas Vegas, NV 129.0View Profile
    2Conforte & OlsonXpand RealtyLas Vegas, NV 100.0View Profile
    3Angarola Minucci GroupBerkshire Hathaway HomeServices Nevada PropertiesLas Vegas, NV 95.0View Profile
    4Matt Suiter GroupBerkshire Hathaway HomeServices Nevada PropertiesLas Vegas, NV 90.0View Profile
    5Willow ManorKeller WilliamsLas Vegas, NV 62.0View Profile
    6McGarey-Campa GroupBerkshire Hathaway HomeServices Nevada PropertiesLas Vegas, NV 8.0View Profile

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    2023 Las Vegas, Nevada Housing Market Summary

    Las Vegas, Nevada started 2023 with a total of 4,038 single-family homes on the market, with a median home price of $485,250 and an average price per square foot of $273. By the end of the year, inventory had decreased to 2,333 homes on the market (-42%), with a median home price of $539,000 (+11%) and an average price per square foot of $296 (+8%).

    At the start of 2023, the median days on market (DOM) was 98 days – by the end of the year, median DOM had decreased to 70 days.

    Las Vegas started the year with 54% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 36% of Las Vegas homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Las Vegas started 2023 as a seller’s market, with an MAI score of 38; by the end of the year, the MAI had rose to 42 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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