The Mid-Spring Surge
I know, I know—your Homegirl has been a little quiet on the feed, but I haven’t been quiet in the market!
While I was away, the Southern Nevada market officially traded its winter coat for a springtime sprint. We aren’t just shifting anymore; we are in a full-blown surge.
I’ve got the receipts, and they are telling a story of massive opportunity. We are looking at 1,078 new listings hitting the streets in just the last seven days alone.
While I was away, the Southern Nevada market officially traded its winter coat for a springtime sprint. We aren’t just shifting anymore; we are in a full-blown surge. 
If you were waiting for the right time to have some actual choices, that time is officially now. With 9,712 total homes available, the shelf space for your next move is the best we’ve seen all year. But don’t get too comfortable—with 724 closed sales this week, the high-quality vibes are getting snatched up fast. Let’s decode what these March numbers actually mean for your move. 
RESIDENTIAL AVERAGE PRICE
Rolling 12-month period, along with percentage increase or decrease from the previous year.-
$598,930 Last Year
-
2.7% Increase
RESIDENTIAL HOMES SOLD
Rolling 12-month period, along with percentage increase or decrease from the previous year.-
33,150 Last Year
-
-8.0% Decrease
CURRENT NUMBER OF
RESIDENTIAL OFFERINGS AVAILABLE NOW
RESIDENTIAL MEDIAN PRICE
Rolling 12-month period, along with percentage increase or decrease from the previous year.-
$475,000 Last Year
-
1.1% Increase
-
Las Vegas Single Family Residences 4,151
-
Henderson Single Family Residences 1,353
-
North Las Vegas Single Family Residences 599
-
Condos 1,532
-
Townhomes 1,144
-
Manufactured Homes 301
-
Coming Soon Listings 97
-
Total Under Contract 3.312
-
Total REO/Bank Owned 54
-
Total Short Sales 91
-
Total NOD/Foreclosures 48
-
Total Homes Priced $750K or More 1,908
-
Total Homes Priced $300-$750K 5,909
-
Total Homes Priced $300K or Less 1,953
-
Total Expired in the Last 30 Days 568
-
Total Sold in the Last 30 Days 2,738
-
Average Days On Market 44
-
Months Supply of Available Inventory 4.7
Strategic Equity in a Shifting Market
Let’s talk real numbers and real equity. 👩🏾💻 The median sales price is holding strong at $480,000, which is actually up over 1% from this time last year. That means despite all the noise you might hear, your home equity is standing its ground like a boss. 🛡️✨
However, I’m seeing something you need to pay attention to: 885 price reductions this past week. 📉 This is the market’s way of rewarding the strategic and the prepared while cooling off anyone who overreached on their initial ask. For my sellers, this means precision pricing is more critical than ever to stay under that 45-day average on market. For my buyers, especially those looking in the $750k+ luxury bracket (which currently has 1,908 options!), this rise in inventory represents a unique window of leverage. Whether you’re cashing out or leveling up, success this season is defined by a data-driven strategy, not just a feeling.
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