November brought some movement (and a few plot twists) to the Las Vegas housing market. We saw prices continue their upward climb, available homes tighten a bit, and buyers slow their pace all at the same time. Translation? This market isn’t racing ahead, but it isn’t cooling off either, it’s leveling into a more thoughtful, strategic season. Homes are still selling (even more than last month!), but buyers are taking their time, and sellers need to be more intentional about pricing and presentation. Here’s a quick snapshot of how the numbers shook out in November before we break down what it all means for buyers, sellers, and anyone watching from the sidelines.
| Metric | October 2025 | November 2025 | Month-over-Month Change |
|---|---|---|---|
| Median Home Price (Single-Family) | $474,000 | $488,000 | ⬆️ +3.0% |
| Available Homes (No Offers, Single-Family) | 7,538 | 7,033 | ⬇️ −6.7% |
| Homes Sold (Closed) | 1,724 | 1,918 | ⬆️ +11.3% |
| Median Days on Market | 57 days | 64 days | ⬆️ +7 days (+12.3%) |
What This Means for Buyers
Buyers, don’t panic, this is not a “run for the hills” market. While prices did rise again in November, the increase in days on market is quietly working in your favor. Homes are sitting longer, which means sellers aren’t getting those lightning-fast offers we saw in past years.
Here’s where opportunity sneaks in:
- Homes that have been listed for 30+ days often have more flexible sellers
- You may see room for price negotiations, seller credits, or repairs
- Less frenzy = more time to think, inspect, and negotiate smartly
If you’re buying, strategy matters more than speed right now. And yes, I’ll happily guide you through it step by step.
What This Means for Sellers
Sellers, this market is still working for you but it’s no longer on autopilot. Even with 11% more closed sales, buyers are clearly taking their time. Translation? You need to be intentional.
Key seller takeaways:
- Pricing correctly from day one is critical
- Homes that show beautifully (hello, staging!) stand out
- Overpricing = longer days on market = buyer skepticism
Buyers today have options, patience, and calculators. A thoughtful pricing and marketing strategy can be the difference between “sold” and “still available.” This is where having a proactive plan really shines (and yes, I help with that).
Big Picture Bethany Takeaway
November 2025 showed us a market that’s active but thoughtful. Prices are rising, inventory is tighter, and buyers are slower but that balance creates opportunity on both sides of the transaction.
Whether you’re buying, selling, or relocating to fabulous Las Vegas (hello future locals!), having a knowledgeable guide makes all the difference. If you’re wondering how this market affects your plans, let’s chat.
Anytime between “now” and “right now” is a good time to take action on shaping your best life, and that includes where you live. Let’s get the ball rolling on your next steps.
(702) 374-6807. Or drop me a line here.
