Las Vegas Weekly Market Report
Fri Jun 13 2025
This week the median list price for Las Vegas, NV is $585,000 with the market action
index hovering around 37. This is less than last month’s market action index of 39.
Inventory has held steady at or around 4,148.
Market Action Index
Market Narrative
The market has started cooling and prices have been flat for several weeks. Since we’re
in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely
follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward
pressure on prices.
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
