Las Vegas Real Estate Market Update: Homes Under Contract (April 20–26, 2025)
During the week of April 20th through April 26th, a total of 586 homes went under contract in the Las Vegas area:
Single-Family Homes: 480
Condos and Townhomes: 126
Here’s how they broke down by price range:
Over $1 Million: 37 homes
$750,000–$1 Million: 40 homes
$500,000–$750,000: 143 homes
$300,000–$500,000: 304 homes
Under $300,000: 71 homes
The most active segment remains the $300,000–$500,000 range — a price point critical for both move-up buyers and first-time homeowners.
If you’d like to explore homes currently available in that range, visit my Las Vegas Homes for Sale page for the latest listings.
Las Vegas Real Estate Market Update: 3-Month Trends Compared to 2024
Taking a broader view, here’s how the last three months of accepted offers stack up:
2025 Year-to-Date:
February: 2,491 homes
March: 2,770 homes
April (through April 26): 2,404 homes
2024 (Same Period):
February: 2,433 homes
March: 2,912 homes
April: 2,807 homes
Compared to last year, accepted offers are slightly lower — indicating that today’s market is more stable and strategic, rather than overheated.
Curious how the market affects your home’s value? Get a free, instant estimate on my Home Value page.
Las Vegas Real Estate Market Update: Current Inventory Snapshot
Inventory levels across Las Vegas, Henderson, and North Las Vegas remain moderate:
There’s a strong selection of homes between $300,000–$500,000.
Luxury markets ($1M+) continue to move, but at a more measured pace.
Condo and townhome availability is steady, providing options for downsizers and investors.
If you’re looking to understand why inventory matters to both buyers and sellers, check out the National Association of Realtors’ latest housing reports.
Is It a Good Time to Buy or Sell in Las Vegas?
Based on this Las Vegas real estate market update, it remains a great time for both buyers and sellers — but with smart strategies:
For Buyers: Stabilized mortgage rates and a healthier selection of inventory make this a prime opportunity. Serious buyers can negotiate effectively.
For Sellers: Homes priced and presented properly are still selling quickly and competitively. Preparation and market-savvy marketing are key.
Learn more about today’s financing options with the latest updates from Freddie Mac.
As a seasoned real estate expert with 25 years in the Las Vegas Valley, I’m here to guide you through every step — whether you’re buying your first home, upgrading, or selling your property.