A new Redfin report indicates that homes in the Las Vegas Valley are remaining on the market for an average of 78 days, an increase of 18 days year over year. This marks Las Vegas as the third highest in the nation for increased days on market, following San Antonio and Houston. The report suggests a strong buyer’s market nationally, with cooling price growth and an increase in active listings, though experts note that further drops in mortgage rates are needed to significantly boost affordability.
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Las Vegas Valley homes for sale are sitting on the market longer, report says
A new Redfin report indicates that homes in the Las Vegas Valley are remaining on the market for an average of 78 days, an increase of 18 days year over year. This marks Las Vegas as the third highest in the nation for increased days on market, following San Antonio and Houston. The report suggests a strong buyer’s market nationally, with cooling price growth and an increase in active listings, though experts note that further drops in mortgage rates are needed to significantly boost affordability.