Market Update for the week of May 16th - May 22nd, 2024

7-days at a glance, 98% of list Price received, 26 average days on market, 7.7 weeks supply, 463 new inventory, 3,582 active listings, 465 weekly sales, 515 under contract, $591,869 average weekly sales price, and the most expensive home sold this week was $6,067,977.

Here is what happened in the Las Vegas Real Estate Market for the week of May 16th - May 22nd with Brendan from The Brendan King Group @ REAL. 7-days at a glance, 98% of list Price received, 26 average days on market, 7.7 weeks supply, 463 new inventory, 3,582 active listings, 465 weekly sales, 515 under contract, $591,869 average weekly sales price, and the most expensive home sold this week was $6,067,977.

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Glimpse into the Las Vegas luxury real estate market for May 16th - May 24th: This week's top sale reached $6,067,977, with homes over $1M averaging a sales price of $1,955,824. Properties spent an average of 28 days on the market. Currently, there are 796 active listings, 50 newly listed,30 sold, and 28 under contract. Discover more about the Las Vegas luxury market at www.bkgluxury.com.