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Ruby Gambino
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November
9

November 9th, 2024 by

Despite many reports that there would be a major pull back before the election, the Las Vegas Real Estate Market experienced another positive month in October. In a positive sign for Buyers (and an indication that people who've been wanting to sell are finally moving forward) new listings have been going up and creating more options for Buyers. Although homes have been sitting on the market slightly longer (38 days compared to 33 days last October) both the median and average home price have still risen strongly year over year. The median price for a single family home now sits at $475,788 (a 5.7% increase over last year) and the average price sits at $585,762, and while those numbers can fluctuate monthly, our market is well above the national average.

New listings, pending sales and closings are all up compared to last year and the experts are all predicting that with the election being over and the FED continuing to cuts rates we should continue to see increased activity moving into the new year. For any questions or more information on how this affects your Real Estate needs please feel free to contact me.
Categories: Sell a Home
Tags: Home Selling, Home Selling Advice, Find a Realtor, Home Sellers, Homeowners, Sell Home, First-time Home Buyer, Home Buying, Home Buyers, Home Buying Advice, Buy Home
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/20/2026. The listing information on this page last changed on 04/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/20/2026 12:15:29 AM EST) or Las Vegas MLS (last updated Sun 04/19/2026 11:12:31 PM EST). Real estate listings held by brokerage firms other than Wardley Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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