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

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Rank – City VolumeTeam NameCompanyLocationVolumeProfile
Conforte & OlsonXpand RealtyLas Vegas, NV$77,584,383View Profile
Li TeamKeller WilliamsLas Vegas, NV$68,167,337View Profile
Angarola Minucci GroupBerkshire Hathaway HomeServices Nevada PropertiesLas Vegas, NV$48,336,833View Profile
McGarey-Campa GroupBerkshire Hathaway HomeServices Nevada PropertiesLas Vegas, NV$38,045,667View Profile
Matt Suiter GroupBerkshire Hathaway HomeServices Nevada PropertiesLas Vegas, NV$35,394,667View Profile
Willow ManorKeller WilliamsLas Vegas, NV$29,013,430View 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

Housing inventory falls as mortgage rates drop 

Sep 01, 2024By

Have we seen the peak in housing inventory for 2024? The best part about 2024 has been that higher mortgage rates have created an inventory buffer, so if the economy gets softer and rates fall, we have many more homes to work with than we had in 2020-2023. I have consistently written that with mortgage rates above 7%, inventory […]

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