LudvigsenGroup RealEstate - Zahler Properties

08/25/2026

08/24/2026

Las Vegas Residential Market
Quick-hit numbers (prior week in parentheses • % change)
• New Listings: 1,000 (1,103) ▼ 9.3%
• Back on Market: 157 (166) ▼ 5.4%
• Under Contract (Show + No Show): 639 (689) ▼ 7.3% [286 + 353 vs. 309 + 380]
• Sold (SFR): 376 (370) ▲ 1.6%
• Contingent on Sale: 16 (8) ▲ 100.0%
• 30-Yr Avg Mortgage Rate: 6.62% (6.63%) ▼ 0.01 pt
• Month-to-Date Median SFR Price: $473,000 ($469,990) ▲ 0.6%
What we’re seeing

Inventory pulled back: new listings dropped ~9%, but still stayed at 1,000 for the week.
Demand softened: pendings fell ~7%, continuing a more selective buyer pace.
Fewer fall-throughs: back-on-market declined ~5%, which helps deal quality.
Closings were stable: sold SFR activity increased slightly, basically flat week over week.
Rates were nearly unchanged: 6.62% vs. 6.63%, so payment math did not materially improve.
Median price firmed slightly: MTD median rose to $473k after last week’s rebound.
Contingent chains doubled from a small base: watch sale-contingent timelines and linked-transaction risk.

08/23/2026

https://www.facebook.com/share/p/1EmgtMZk4S/?mibextid=wwXIfr

The federal government sold more than 100 acres of land in Southern Nevada for nearly $70 million through a recent auction.

08/21/2026

New to the market! Guard gated on the east side!

08/21/2026

08/18/2026

https://www.facebook.com/share/p/1FduSPt5v2/?mibextid=wwXIfr

ICYMI: The Las Vegas facility, which will be Nevada’s first standalone children’s hospital, will initially have about 200 beds, with room for future expansion.

08/17/2026

Las Vegas Residential Market
Quick-hit numbers (prior week in parentheses • % change)
• New Listings: 1,103 (1,109) ▼ 0.5%
• Back on Market: 166 (173) ▼ 4.0%
• Under Contract (Show + No Show): 689 (655) ▲ 5.2% [309 + 380 vs. 310 + 345]
• Sold (SFR): 370 (344) ▲ 7.6%
• Contingent on Sale: 8 (13) ▼ 38.5%
• 30-Yr Avg Mortgage Rate: 6.63% (6.58%) ▲ 0.05 pt
• Month-to-Date Median SFR Price: $469,990 ($459,000) ▲ 2.4%
What we’re seeing

Inventory stayed elevated: new listings were basically flat, still above 1,100 for the week.
Demand improved: pendings rose ~5%, a positive absorption signal after last week’s softer pace.
Fewer fall-throughs: back-on-market declined ~4%, which helps deal quality.
Closings improved: sold SFR activity rose ~8%, though still below some stronger weeks earlier this summer.
Rates moved higher: 6.63% adds payment pressure and keeps buyers focused on affordability.
Median price rebounded: MTD median rose to $469,990 after last week’s sharper drop, suggesting last week may have been partially mix-driven.
Fewer contingent chains: contingent-on-sale declined, which may simplify some timelines.

08/16/2026

https://www.facebook.com/share/1Eneg7NAM3/?mibextid=wwXIfr

A new mixed-use project is penciled for Las Vegas’ Downtown Summerlin area, with plans for hundreds of more apartments and some additional retail space.