By VEGAS INC Staff ( contact )

Tuesday, October 7, 2025 - 5 a.m.

Las Vegas home prices declined slightly in September compared to last year while the number of available properties surged, signaling a shift toward a more balanced housing market, according to a industry report published this morning

The median price for existing single-family homes in Southern Nevada dropped to $470,000 in September, down 2.1% from the same month in 2024, Las Vegas Realtors said in its monthly data pull. The figure also marks a decline from the all-time high of $485,000 reached earlier this year.

Condos and townhomes followed a similar pattern, with median prices falling to $294,000 — down 1.8% year-over-year and below the record high of $315,000 set in October 2024.

“We’re going through a bit of a res

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