Las Vegas Real Estate Market Report January 2023

Real Estate Agent with Realty One Group # S.0190863

Las Vegas Real Estate Market Report December 2022 brings the latest facts and figures for the Las Vegas real estate market. With the interest rate hikes of October, affordability was down in November and in December that meant lower prices at closing. This market report brings us the most up to the minute data for the Las Vegas real estate market. With Las Vegas houses down slightly on their median sales prices and Las Vegas condos down slightly on their median sales prices as well, we see the real estate market for Las Vegas is still quite steady. Real estate in Las Vegas is seeing a stable normal market which is better in the long run. In this report, we examine the Las Vegas region as a whole, including Las Vegas, Henderson, North Las Vegas, as well as regions such as Summerlin, Green Valley, Mountains Edge and Southern Highlands.

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Comments (5)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em:

This is an excellent post with great information. Thanks for sharing it.

Have a super fantastic week! Bill

Feb 08, 2023 04:41 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Rocky. Once again the facts are not in line with the national news reports. Does that surprise anyone? Enjoy your day.

Feb 08, 2023 04:58 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Rocky,

You market looks and sounds like a "steady Eddie" market. Just goes to show you real estate is local and don't listen or read those National headlines.

Feb 08, 2023 05:27 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Rocky and thank you for the great information in your blog to share with us today!  Make it a great day!

Feb 08, 2023 09:31 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Rocky the media will always concentrate on the negative, even if there is more positive than negative.  You did a great job in showing that.

Feb 08, 2023 03:47 PM