Report: Fewer Las Vegas homes sold in February as prices dip from record highs

LAS VEGAS (FOX5) — A monthly housing report released Friday shows fewer homes selling and more available for sale in Southern Nevada, with median prices declining from recent record highs.

The median price of existing single-family homes sold through the Multiple Listing Service in February was $481,995 — down 0.6% from one year earlier and below the all-time high of $488,995 set in November 2025. The median price of condos and townhomes sold in February was $285,000, down 5.9% from February 2025 and off the record high of $315,000 set in October 2024.

By the end of February, 6,131 single-family homes were listed for sale without any offer — up 17.2% from one year earlier. The number of condos and townhomes listed without offers rose 23.7% year-over-year to 2,505…

Story continues

TRENDING NOW

LATEST LOCAL NEWS