Realty One Group - Shannon Smith Group

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Realty One Group

Welcome

It is with great pleasure that Shannon Smith welcomes you to Las Vegas, and to his website. With years of experience in the market, he knows how crucial it is for you to find relevant, up-to- date information. The search is over. This website is designed to be your one-stop shop for real estate in Las Vegas.

This is the moment that you should enjoy the most; looking at the available properties in Las Vegas; imagining yourself living in the home that you have always dreamed about. You don’t want just another database that gives you rehashed property descriptions. You want to walk around the neighborhood from the comfort of your own home. You want to get a clear picture about life in Las Vegas.

That is exactly what you get here. This website has been built with you in mind. From the highest quality property images to the most informative guides and blogs, he is here to make your home buying or selling experience smooth and stress-free.

Part of making your experience with Shannon Smith a pleasant one is the way that he makes himself available to you. You can easily access his contact info to get in touch with him today.

Monthly Newsletter

April 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... Read More

March 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... Read More

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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

Hi! Before, people used to ask me, “When’s the best time to sell a home?” And I’d say — Vegas isn’t like places with snowy winters or nonstop storms. Our market stays active year-round. But if I had to pick a season, I always leaned toward spring. Now? The data has gotten so specific, it actually surprised me. According to Realtor.com, the best week to sell a home in 2025 is happening right now —

April 2025 Newsletter

Hi! I’ve been keeping a close eye on the market, and February brought some big movement—pending home sales jumped over 30% compared to January. That’s not just a small shift; it’s a clear sign that buyers are feeling more confident about the economy and where things are headed. Or maybe it’s just seasonal. Or even a reaction to the new administration. Either way, things are heating up. And I’m not su

February 2025

Happy New Year!! Our Vegas real estate market is already off to an unpredictable start! Wildfires and Potential Impact on Vegas The ongoing wildfires are a reminder of how quickly life can change. Losing everything forces us to reassess what’s truly important, including where we live and how we rebuild. My aunt and cousin, both lost their homes this week, and are now considering relocating to Vegas. While their

January 2025

Shannon Smith, ABR, GRI

BSBA from UNLV in Real Estate

702.809.0203
5550 Painted Mirage Rd #140 Las Vegas, NV 89149
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