

Las Vegas Housing Prices Remain Stable but Inventory Low
Las Vegas housing prices held steady in January at a median of $345,000, which broke the record in November and remained unchanged in December. But, according to The Las Vegas Realtor Association, inventory remains extremely low around the valley. I believe this is in part due to Appraisers being conservative in their valuations. A healthy market is six months of inventory (days on market before an offer is accepted) as of today, we are around 3 weeks. The current lack of inventory makes it difficult for both realtors and home buyers. Every time you go try to show a listing