Tuesday, September 9, 2025 - 6:41 a.m.

A report released Tuesday by Las Vegas Realtors shows the median price of existing single-family homes sold in Southern Nevada during August was $480,000.

That’s up 0.7% from August of 2024 — but down from the all-time high of $485,000 reached several times this year.

The median price of local condos and townhomes sold in August was $298,000. That’s up 2.1% from August 2024 — but short of the record high of $315,000 set in October 2024.

“These statistics are another sign of stability in our local housing market,” said George Kypreos, president of Las Vegas Realtors in a statement. “Home prices here in Southern Nevada haven’t moved much this year. Besides having more homes on the market to choose from, buyers should also be pleased to see mortgage

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