LAS VEGAS - MARKET DATA
Updated; March03, 2026. Total “available” listings on the market; 8365, another very small increase from the previousmonth. We should see some jumps over the next few months. Considering this is the prime buying season. The real estate market usually picks up around now. Properties under contract also increased slightly from last month by about 400 or so.We closed 2002in February, up a few hundredfrom last month, which is a good sign. The Median Sales Price for last month was about the same as the month before. A slight drop would not be unexpected. Again, there are still a fair number of price adjustments in the MLS recently,mostly reductions. "Cash Sales" in February were up slightly, but the percentage was about the same from last month at26.5%. A reasonable number. Typically cash deals represent mostly investors, and are usually in the 27% to 29% range. If you have any questions, call, email, or text. I am here to help.
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As a reminder, my numbers are straight from the MLS, and I do them my self. So this is first hand information.
PLUS, MY NUMBERS ARE OUT SOONER THAN JUST ABOUT EVERYONE ELSE.
This chart combines all Re-Sale properties, including Single Family Residential, Condos, Townhomes, and mobile homes, in Las Vegas and Henderson, but does not include Boulder City, Pahrump or Mesquite.
Just as a comparison, back in 2007, we had around 27,000 available listings on the market.
Provided by: Jim Snow
Lic. # S.66228
Realtor / CPRES / SFR / MRP / CNE
Compass Realty & Management
8880 W Sunset Rd #290
Las Vegas, NV 89148
Direct line: 702-496-8618
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Listings This is the number of re-sale homes currently “available” on the market. It includes Single Family, condo’s, townhouses, and mobile homes.
Contracts This is the number of properties that are currently on the market, but under contract, and in escrow. They could be in “Pending” status, which will probably close with in the next thirty days. But they could also be in “Contingent” status, which means they have some type of contingency still outstanding, usually for financing or inspections, or short sale approval.
Closed This is the number of homes that actually recorded and closed during the month. These are “SOLDS”, a done deal.
Cash These are closed transaction where the buyer paid all cash
The Median Price Chart down below is from Las Vegas Realtors, our association. This sales price is for all single family, condos, and townhouses, which is why my numbers may vary slightly from other reports.
Special Note
None at this time.
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