December Real Estate Market Update: Navigating Buying and Selling in Las Vegas

As we head out of the holiday season, it’s a great time to take a clear look at where the Las Vegas real estate market stands. Especially if you’re thinking about buying, selling, or doing both at the same time. Understanding what’s happening right now can help you plan with confidence and avoid surprises.

​Here’s a snapshot of the current Las Vegas single-family home market and what it means for your next move.

Las Vegas Market Overview (December 2025)

Inventory and Supply

​Las Vegas currently has a 3.66-month supply of inventory. That means the market is fairly balanced for both buyers and sellers. Inventory is down about 9% from last month, but it’s still 21% higher than this time last year.

What this tells us: homes are moving, but buyers still have choices. For people buying and selling at the same time, this balance helps make timing more manageable.

New Listings

This month, 1,300 new homes hit the market with a median list price of $513,325.

That’s a healthy number of new listings, which is good news for buyers who want options. Sellers benefit too, because well-priced homes are still getting attention.

Active Listings and Pricing

There are currently 4,700 active listings, with a median price of $549,990.

This shows that buyers can take time to compare homes, while sellers need to price and present their homes carefully to stand out.

Pending Listings

Right now, 912 homes are under contract, with a median list price of $475,000. These homes are taking about 44 days to go pending.

This is an important number if you’re selling, because it shows how long buyers are taking to make decisions and helps you plan your next step.

Sold Listings

Homes that sold this month had a median sold price of $470,000 and sold for about 99.5% of their list price. The average home spent 37 days on the market.

This tells us buyers and sellers are meeting close to the middle, which is a strong sign of a steady market. Smart pricing and good marketing still matter.

What This Means for You

The Las Vegas market right now offers real opportunities, especially for homeowners who need to sell and buy at the same time. With stable prices, steady inventory, and active buyers, careful planning can help you move smoothly from one home to the next.

If you’re wondering how these numbers affect your personal situation, or how to time your sale and purchase, I’m here to help you think it through.

📲 Reach out anytime to talk about your goals, your timeline, and your options. Whether you’re just starting to plan or ready to make a move, I’ll guide you every step of the way.

P.S. If you’re curious how your neighborhood fits into these trends, I’m just a call or email away.

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