Las Vegas, NV (KXNT) – Las Vegas valley home prices continue to be at all-time record highs, even with uncertainty about what will happen as President Trump’s new tariff policy settles in.
According to new numbers released Tuesday by Las Vegas Realtors, the median price of a previously-existing, single-family home in March was $485,000.
The median price of a condo or townhome in March was $306,495, a jump of close to $3,500 from February.
LVR says buyers are benefitting from a larger inventory of homes to choose from, as well as lower interest rates. Sellers, meanwhile, are benefitting because Las Vegas continues to be a place that’s a popular destination to relocate.
That said, there’s increasing uncertainty about what tariffs will do to the cost of building supplies in the coming months.