Inventory increased about 5% since last month, while fewer homes were sold. Of the 7,215 homes currently for sale, only 27 are Foreclosures. That represents just 0.37% of all active listings, or approximately 1 out of every 267 homes. From a technical standpoint, this is important. The increase in inventory is being driven mainly by regular homeowners, not distressed or bank owned properties. Most homeowners have eq

August 2026 News Letter

"Shannon, I've been watching homes in my neighborhood, and it seems like everyone is reducing their price. Are home values starting to come down? Should I wait to sell?" That's a good question, and yep, I'm starting to hear similar questions a lot. Here's the truth: even though you're  seeing price reductions, the Vegas median home price just hit another record high. So why are so many homes reducing their pric

July 2026 News Letter

I know it sounds crazy, with all the talk about high interest rates and price drops, but Vegas home prices hit another record high last month. We all know about supply and demand and a lot of people think that when inventory starts increasing, prices should automatically fall. While that can happen, we're not there yet. One of the biggest reasons prices continue to hold steady, and even increase, is that inventory

June 2026 News Letter

I might be creating new terms out here, but the best way I can describe the market right now is this: It’s a “Slower Decision Market.” Buyers are taking their time. Sellers aren’t being forced to sell (and in my opinion, that’s exactly why prices haven’t, and likely won’t plunge). Deals are still happening… just with more thought behind them. So instead of prices dropping, what we’re really seeing is

April 2026 News Letter

Most Realtors will tell you that the best time to put your home on the market is during the spring, between March and June. The reasoning is pretty straightforward: buyer activity increases during this time of year. The weather is nice, families begin planning moves before the next school year, and more people start actively shopping for homes. In the Vegas market right now, homes are taking about 32 days on average to

March 2026 News Letter

Happy Valentines Day! January showed something interesting in our housing market. The number of homes that went pending jumped 28% from 1,638 in January to 2,281 as of today. At the same time, the number of homes that actually closed dropped 21% from 1,741 in December to 1,374 in January.  The drop in closings might sound bad, but the bigger story is the rise in pending homes. Pending’s usually tell us what’s c

February 2026 News Letter

Happpppy New Year!! I’ll start by saying that the market feels different than it did a year ago, not bad, not good either, but just different. Last December, the median price was $480,000, and inventory with about 5,000 homes on the market. Fast forward to December 2025, prices dropped a little to $475,000, but inventory climbed about 6,000 homes. Despite all of the negative headlines, numbers don’t lie! H

January 2026 Newsletter

You know I'm always watching the market, and something's going on. In true Vegas fashion, it looks like the market's setting up for a December plot twist, almost like it wants a "happy ending" to the year. We've got less inventory than last month, but it's not because homes are flying off the market. Fewer homes actually sold. What I'm really seeing is sellers with a ton of equity who aren't budging. If they don't

December 2025 Newsletter

In October, the average days on market was 30 days. Last October, it was 22 days, so homes are taking a little longer to sell than they were a year ago. But remember that average number represents the entire city. Every price range, every condition, and every type of property all blended together. I listed two homes within the past month, both in the median price range and very well taken care of. Each one received

November 2025 News letter

After all the writing on the wall, the news is finally signaling that Vegas has officially shifted into a buyer’s market. To be honest, it’s amazing how long prices managed to hold steady. We’ve been seeing price reductions for a while, yet the median home price somehow stayed flat or increased month after month. That streak finally cracked in September, when the median price took its first noticeable dip fro

October 2025 Newsletter

Homes available increased by 5% compared to July. At the same time, homes sold in August decreased by 9%. This isn’t alarming, but it is an interesting trend. When supply rises and demand falls, basic economics says prices eventually face downward pressure. It’s not immediate, but inventory and the pace of sales point to a shift that can’t be ignored. Values in Las Vegas have been holding steady. The quest

September 2025 News Letter

I’ve been out in the field almost everyday showings homes, doing open houses, and writing offers and I’m starting to notice some a similar mind set with a lot of buyers. Naturally, everyone wants a deal. But I’m noticing more people keep explaining that they’re not desperate. These buyers are serious, qualified, and ready to move... but they’ve been watching the market closely and are expecting room to

August 2025 News letter

I know it’s confusing. One minute you’re seeing headlines about price cuts and homes sitting longer, and then boom: just yesterday, Las Vegas Realtors reported record-high home prices for the month of June in the city. Here’s what’s really happening: The homes that are hitting the market right now ARE NOT distressed. These are sellers with equity and low fixed-rate mortgages, not people in trouble. T

July 2025 Newsletter

Inventory is rising, up 7% since last month and 25% since January, while the number of homes sold has gone down. In January, 2,227 homes sold. By May, that number dropped to 1,983. That’s led to a common question:Should you sell before prices drop? Or, if you’re buying, should you wait? Here’s the short answer:Prices haven’t come down. When you look at the median price, it’s holding steady. Yes, inve

June 2025 Newsletter

Hi , Let’s be real, the market feels slow. Not dead, not quiet, but definitely not fast paced like Vegas is used to. If you watch the news or read the articles, they don’t help and assist at making the housing market seem like it’s about to crash. But here's the twist: homes are still selling. In fact, what we're seeing right now might just be the definition of a healthy real estate market, even if it do

May 2025 news letter