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The hot, new update is out on Southern Nevada's cooling housing market. Home prices in the Las Vegas area decreased in September, according to new figures from a local industry group. The median price for a single-family home sold in Southern Nevada during September was $470,000, the Las Vegas REALTORS report revealed. That's down about 2.1% from the year-ago month and down from the median $480,000 price reported in August. The all-time high of $485,000 was set multiple times already this year. But the supply is still high. By the end of September, there were just over 7,500 homes for sale without any offers, an increase of over 37% compared to the same time last year. #realestate #housingmarket #economy #realtor #affordablehousing MORE: https://news3lv.com/news/arc/whats-ah... ______________ Never miss an upload from News 3 Las Vegas! Subscribe on YouTube: https://www.youtube.com/user/News3Las... Follow News 3 on social media: News 3 Las Vegas on Facebook: / news3lasvegas News 3 Las Vegas on X: / news3lv News 3 Las Vegas on Instagram: / news3lv For all of the day’s top local and national news, visit http://www.news3lv.com Watch our live newscasts and other live video at https://news3lv.com/watch Have a news tip? Send it directly to us: Email us: [email protected] Call the Newsroom: 702-657-3150 #ksnv #News3LasVegas #localnews #lasvegas #nevada #video #news KSNV NBC News 3 Las Vegas covers news, sports, weather and traffic for the Las Vegas, Nevada area including Paradise, Spring Valley, Henderson, North Las Vegas, Indian Springs, Sloan, Searchlight, Laughlin and Nellis.