Las Vegas Weekly Market Report

Fri Feb 20 2026

This week the median list price for Las Vegas, NV is $564,450 with the market action
index hovering around 32. This is an increase over last month’s market action index of 31.
Inventory has decreased to 4,024.

Market Action Index

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving
higher for several weeks. This is a Seller’s market so watch for upward pricing pressure
in the near future if the trend continues.

Real-time Market Profile

The market plateau is seen across the price and value. The price per square foot and
median list price have both been reasonably stagnant. Watch the Market Action Index
for persistent changes as a leading indicator before the market moves from these levels.

Price per Square Foot