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Las Vegas Homes For Sale - Wiped Out! The U.S. economy is experiencing serious turmoil and this is now affecting the housing market due to stubbornly high inflation and new economic policies which is creating a lot of uncertainty. Persistent inflation, long-term low inventory and strong buyer demand are creating a perfect storm that continues to drive up home prices while affordability becomes more challenging. Nowhere is this more evident than Las Vegas, where the real estate market has hit record highs even as the total amount of Las Vegas homes for sale surge. Strong demand from out of state buyers, particularly from higher cost of areas like California, has fueled demand for Las Vegas homes for sale. The median price of the nearly 7,000 Las Vegas homes for sale is now $485,000. This is a record high since the start of 2025 and up over 6% from a year ago even as the total amount of Las Vegas homes for sale has surged nearly 60% in the last year. This imbalance has led many homeowners and investors to overprice their properties that can easily be seen on popular platforms like Zillow. As the market now changes and more sellers reduce their prices, many homeowners still profit handsomely thanks to years of appreciation. First time home buyers, however, risked being completely wiped out by this competitive environment. Despite hopes for a price drop, Las Vegas homes for sale continue to attract buyers. As demand persists, Las Vegas homes for sale will likely remain expensive and become even more so in the foreseeable future. If you can buy a home comfortably, especially any of the current Las Vegas homes for sale, it will likely be a wise choice if you hold onto the property long term based on historical appreciation. 🚨 Subscribe to this channel here: 👇👇👇👇👇👇👇 / @lasvegasliving9237 If you are going to be living in Las Vegas Nevada then this is the channel for you! We tell you what it's like to move to Las Vegas and make videos about Las Vegas real estate every week. We work with clients from all over the U.S. that are relocating here and we ABSOLUTELY LOVE IT! Reach out to us day/night/weekends if you are moving here. We've got your back when moving to Las Vegas. Jerry Abbott NV License # S.0183274 Summit Properties 📲 Text: 702-550-9658 📲 Email: [email protected] 🚨 Subscribe to this channel here: 👇👇👇👇👇👇👇 / @lasvegasliving9237 Learn more about Las Vegas, Nevada here: ✅ https://en.wikipedia.org/wiki/Las_Vegas ✅ https://VisitLasVegas.com ✅ https://www.LasVegasNevada.gov ✅ https://vegas.eater.com/ All media clips and articles are publicly available information unless otherwise noted. DISCLAIMER: This video content is intended only for informational, educational and entertainment purposes. Neither Las Vegas Living or Jerry Abbott are registered financial advisors. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. Your use of Las Vegas Living's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-mail or SMS) for communications with Las Vegas Living does not establish a formal business relationship.