【World Property Journal】Las Vegas Housing Market Cools Further in April

Home prices and sales in the Las Vegas area declined in April 2026, from a year earlier, the latest sign that one of the nation's hottest housing markets in recent years is continuing to normalize as inventory builds and affordability pressures linger.

The median price of existing single-family homes sold through the Multiple Listing Service in Southern Nevada fell 1.3% from April 2025 to $473,875, according to a report released Wednesday by the Las Vegas Realtors association. That figure sits below the record high of $488,995 reached in November 2025. Prices for condos and townhomes dropped more sharply, declining 4.2% to $290,000, well off their peak of $315,000 in October 2024.

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