LAS VEGAS (KLAS) — Home prices held steady in May, remaining within $5,000 of the all-time highs recorded in the first three months of 2025, according to a Friday report from Las Vegas Realtors (LVR).

With single-family homes going for a median price of $480,000, buyers for condominiums and townhomes saw a $5,700 increase that put the median price at $307,000, the report showed. The median price is the one in the middle — half are higher and half are lower.

"Home prices have been very steady so far this year, with more homes on the market," LVR President George Kypreos said. "This increase in inventory and slower sales pace is giving buyers more options and negotiating power. This is a shift from the highly competitive seller's market we experienced in recent years."

That observation wa

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