ChatGPT said:
As of June 2025, the Las Vegas real estate market is experiencing a notable increase in available properties, offering a range of opportunities for prospective buyers.
📈 Market Overview
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Active Listings: Approximately 6,484 homes are currently on the market in Las Vegas, reflecting a 10% increase from April .ricelasvegas.com
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Median Home Prices: The median price for single-family homes stands at $485,000, maintaining stability over recent months .retirebetternow.com
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Market Dynamics: Homes are selling at about 98% of their list price, with an average of 33 days on the market, indicating a balanced environment for both buyers and sellers .kingvegashomes.com
🏘️ Property Types & Price Ranges
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Entry-Level Homes: Listings under $300K are available, including condos and smaller single-family homes .zillow.com
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Mid-Range Options: Homes priced between $400K and $500K are prevalent, especially in neighborhoods like Spring Valley and Paradise .
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Luxury Market: The luxury segment features over 4,900 listings, with properties ranging from $1 million to over $25 million .sothebysrealty.com
🏙️ Neighborhood Highlights
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Summerlin: Offers a mix of family-friendly communities and upscale homes.
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Henderson: Known for its suburban appeal and access to outdoor amenities.
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Enterprise & Paradise: Provide a variety of housing options, from affordable condos to luxury estates.
🔮 Market Outlook
The increase in listings suggests a shift towards a more buyer-friendly market. While prices remain stable, the growing inventory may lead to more competitive pricing and opportunities for buyers in the coming months.nypost.com
nypost.com
wsj.com