LAS VEGAS (KTNV) — The latest housing numbers are out after the Las Vegas REALTORS released its latest report.

Local home prices are dropping slightly from the same time last year, while the number of homes available for sale continues to rise, according to that report.

LVR reported the median price of existing single-family homes sold in Southern Nevada during September was $470,000. That’s down 2.1% from September of 2024 – and down from the all-time high of $485,000 reached several times this year.

Likewise, the median price of local condos and townhomes sold in September was $294,000. That’s down 1.8% from September 2024 – and short of the record high of $315,000 set in October 2024.

WATCH | Justin Hinton spoke with David Meyer, the head of real estate investing at Bigger Pocke

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