January 2025 Las Vegas Real Estate Market Update (+ Las Vegas Housing Market Predictions 2025)

What's happening in the Las Vegas Housing Market and what do the numbers mean?

In our January 2025 Las Vegas Real Estate Market Update, we review 2024 and discuss Las Vegas housing market predictions for 2025, including:

-2024 housing market shown resilience as houses continued to sell despite the interest rates
-expect continued upward price pressure for properties due to the demand from people moving into the area
-for interest rates, it will probably hover around the 6s and don't expect it to go down to 5
-the continued growth of the luxury housing market in Las Vegas
-good sign for the real estate market with the healthy year-over-year appreciation

All statistics provided by the Las Vegas Association of Realtors

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Steve and Kristen Thomas
The Thomas Group - Real Broker, LLC
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0:00 Intro
2:16 Single Family Homes Median Price
6:45 Units Sold
10:37 Inventory/Number of Units Available
11:01 Months of Inventory
13:38 Condo/Townhomes Median Sales Price
15:07 Units Sold
15:54 Number of Units Available
16:08 Months of Inventory
16:24 New Listings


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