Las Vegas

Founder’s Exclusive: What’s New in 2022 for Las Vegas Real Estate Market

January 15, 2022

With 2021 coming to a close, it’s time to start making plans for what’s in store for you in 2022.

I was recently asked to do an interview with a local TV station to share my thoughts on what the trends are for the Las Vegas real estate market in the coming year.

Here’s a snapshot of where we are right now in December 2021. The median home price in Las Vegas is $420,000 and shows no sign of slowing down.

Demand for housing is still higher than the available supply for both new and resale homes and will continue to weigh on the market for 2022. 

As the market continues to be competitive for home buyers it is putting pressure on the rental market and pushing rents higher across the valley. Even the rental inventory is dwindling despite the sharp increase in monthly rental costs.

Las Vegas is recovering economically and thriving as companies are moving their operations to our city and visitation numbers continue to break records in the hospitality sector. This also includes the influx of out-of-state residents who are setting their sights on moving here to take advantage of the cost of living.

So what does this mean for you? If a fresh start is on your list of goals for 2022, we are ready to help you make the process of relocating to Las Vegas an easy one.

Want to know more? Watch here.

More Articles

Las Vegas
THE POINTE AT ASCENSION BY PULTE HOMES

$1,625,990+ | 3,475 - 4,006 sqft | Single Family Home The Pointe at Ascension brings high-end single-story living to the...

July 12, 2024
Read More
Las Vegas
HAVEN TRILOGY® IN SUMMERLIN® BY SHEA HOMES

FROM THE RESORT COLLECTION HAVEN Condo | 1,538 Sq. Ft. | Priced From $683,236     HOME FEATURES 55+ Home...

July 11, 2024
Read More
Las Vegas
APEX MODERN COLLECTION Trilogy® in Summerlin® by SHEA HOMES

FROM THE MODERN COLLECTION APEX Condo | 2,425 Sq. Ft.   2 Story | 2 Bedrooms | 2.5 Bathrooms |...

July 08, 2024
Read More

Get Expert help finding your new home

Contact An Expert Today

Sign up to receive updates on the latest news