Las Vegas Housing Market Update | March 2025 Real Estate Trends & Predictions
The Las Vegas real estate market is shiftingโhereโs everything you need to know for March 2025. Whether youโre thinking about buying, selling, or investing, staying updated on market trends is crucial. ๐ก Las Vegas Housing Market Key Takeaways: โ๏ธ Inventory is increasing โ Homes for sale grew from 4,797 in January to 4,887 in February โ๏ธ Home prices dipped slightly โ Median sale price fell to $476K from $485K in January โ๏ธ Homes are selling faster โ Days on market dropped from 33 to 24 days โ๏ธ Interest rates slightly down โ 6.85% in January โ 6.76% in February โ๏ธ Fewer homes under contract โ Expect slower March closings โ๏ธ Price reductions continue โ Sellers are adjusting to realistic market conditions ๐ Whatโs next? As inventory rises and uncertainty looms in the stock market, we may see a slow spring season before things heat up in summer. Will mortgage rates drop further? How will demand shift in the coming months? Watch this full market update to understand the latest Las Vegas real estate trends and how they impact buyers, sellers, and investors. If youโre thinking of making a move, letโs talk! ๐ฉ Contact me for personalized real estate advice ๐ Subscribe for more real estate market updates ๐ Like & Share this video to help others stay informed! #LasVegasRealEstate #MarketUpdate #HousingMarket #RealEstateInvesting #InvestWithJim #LasVegasHomes #LasVegasRealtor #InterestRates #HousingTrends #March2025 โ๏ธ 702-997-2050 | www.jimmyfong.com | Realtor at Real ๐ Las Vegas Jim C. Fong ๐ง [email protected]
