We’re still in a seller’s market in Las Vegas, but buyers in the lower price ranges have a great opportunity to find the right home and negotiate a great deal.
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As we move toward the end of summer, our Las Vegas real estate market is doing very well.
Under the $500,000 price point, we’re still in a seller’s market. In this range, we have just over a one-month supply of homes, and the median price is up 16% compared to earlier this year—a time when a lot of buyers were engaged in bidding wars and paying over the appraisal amount to get a home, especially under $300,000.
I’ve seen a small slowdown…