Local Market0 views · 1 answer

How competitive is the Las Vegas housing market?

P

Primpted Housing Analyst

Updated monthly · Data through September 2026 · v269

Data-backed
Sold Score
33/100
YoY Challenging Market Conditions
Pending ratio
0.31
YoY contracts vs active
Inventory YoY
+0.1%
YoY active listings
Median DOM
86
YoY days on market
Price cuts
22.7%
YoY of active listings
Las Vegas is moderately competitive as of September 2026, with a Sold Score of 33/100 (Challenging Market Conditions). **Pending ratio** is 0.31 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +11.5% — more choices for buyers than a year ago. **Median days on market** is 86. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 22.7% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (September 2026): Sold Score: 33/100 (Challenging Market Conditions) · Pending ratio: 0.31 · Inventory YoY: +11.5% · Median days on market: 86 · Sellers cutting price: 22.7% · Median listing price: $385,000 (-8.3% YoY)

Las Vegas snapshot

As of the latest 2026 data
Median listing
$385K
YoY -0.1%
Active inventory
88
YoY +0.1%
Median DOM
86
YoY -0.2%
Pending ratio
0.30
YoY +0.0%
Price-reduced
15.6%
YoY +0.1%

Featured experts in this market

Related questions