The best time to sell your Las Vegas home is NOW! Whether you’re near the buzz of the Strip or enjoying the quiet of Summerlin, the city’s housing market is heating up this summer. Demand is high, offers are competitive, and median home prices? A solid $466,700!
But Las Vegas’s real estate landscape can shift quickly. Hesitate, and you could miss out on those top-dollar offers. Don’t let this hot market cool down—act now!
LAS VEGAS SELLERS – PEAK TIMING, MAX PROFITS! 📌
- Prices are rising 📈: Median home values are hovering around $466K and showing continued upward momentum.
- Now’s the time 🕰️: Homes are closing in just 32 days — one of the fastest turnover times this year.
- Thursday is best 📅: Thursday evening listings get the most weekend visibility and buyer activity.
- Summer closes strong 🌼: March to June offer top-dollar opportunities and faster sales.
- Mortgage rates in focus 💸: Rates are still attractive, but expected to rise — don’t wait to list.
Which is the Best Month to Sell a House in Las Vegas?
The best month to sell your house depends on your goals as a home seller. There is a best month to sell and earn higher net proceeds. While there is a best month to sell your home fast.
Best Month to Sell Your House by Price
As per our research, June is the best month to sell your house in Las Vegas. The median sale price of houses in June was $466,700.
Moreover, the sale-to-list price ratio was above 101% for nearly 51% of homes in Las Vegas.
Homes listed in Las Vegas between March and June spend the lowest days on the market. However, home prices in metro cities like Winchester, Incline Village, and Summerlin South, etc. are found to increase throughout the year.
» Home Value Calculator: You can find your property’s current FMV in a few seconds and list the home accordingly.
Best Month to Sell Your House by Speed
June is the best month to get a higher price for your property. Homes sit unsold for fewer days on the market between March and June.
Las Vegas homes sold in May spend an average time of 15 days on the market, which is 19 days faster than the annual average.
Properties spending fewer days on the market is considered an indicator of a seller’s market. Of all, this is just a small portion of the overall picture. When should you sell also depends on the situation and location of your property.
» Home Value Calculator: You can find your property’s current FMV in a few seconds and list the home accordingly.
Best Day of the Week to List a House For Sale in Las Vegas, NV
Thursday is the best day to list houses on sale in Las Vegas. 21% of homes across the nation are listed on Thursday. Zillow’s data shows Nevada properties for sale listed on Thursday get better exposure compared to homes listed on any other day.
People searching for houses plan their home tours on the weekends. So the pre-weekend listings are fresh in their minds. It makes sense to avoid listing your house at the start of the week. These homes had to stay for longer on the market.
To take advantage of the time game, consider listing your home on Thursday after 5 p.m. This is the time when most buyers and sellers return from work and start looking online.
There’s a good chance that buyers may see your brand-new listing.
Which is the Best Season to Sell a House in Las Vegas?
Spring is the housing season of the year. As the weather warms more serious buyers start hunting and touring homes.
Moreover, families with school kids look forward to settle in their new homes during summer vacations. This increases the competition which benefits the sellers to sell at higher costs.
But in regions like Las Vegas, summer still holds an opportunity. The maximum number of houses listed in spring have already been sold by this time. This reduces the competition in summer for home sellers.
Longer days in summer provide more exposure to your condos and townhouses in the Silver State. This enables longer showing time, to fulfill the high curb appeal of buyers.
However, by Fall you can come across more serious buyers looking to relocate due to job transfers. Such buyers are usually eager and have a strict home-buying timeline.
👉 Prepared to Sell Your Home? List here to save thousands!
When is the Best Time of the Year to Sell a House in Las Vegas?
When selling your property timing is everything. Las Vegas has a dynamic real estate market. It can be challenging to sell your house in the current economic situation.
April up to June are considered the home-selling months. You can sell faster and earn higher sale proceeds during this time of the year.
| Month | Average Home Sale Price | Houses Sold | Days on Market |
| January | $390,000 | 1,245 | 33 |
| February | $416,000 | 1,165 | 21 |
| March | $420,000 | 1,636 | 19 |
| April | $433,000 | 1,495 | 15 |
| May | $435,000 | 1,427 | 15 |
| June | $437,250 | 1,326 | 19 |
| July | $425,000 | 1,012 | 24 |
| August | $405,000 | 1,007 | 34 |
| September | $405,000 | 928 | 46 |
| October | $399,000 | 799 | 53 |
| November | $388,500 | 789 | 58 |
| December | $380,000 | 691 | 69 |
Is Now a Good Time to Sell a House in Las Vegas?
Late spring and up to May are considered the home-selling months. You can sell faster and earn higher sale proceeds during this time of the year. As per 2022 data, the median sale price of houses sold in June was $437,250.
Tips for Selling in a Seller’s Market
A seller’s market typically has less number of properties available for sale than the number of buyers. In this type of market, sellers can create a bidding war for their homes.
- Plan to Move Out Fast: In a seller’s market, homebuyers will be open to make cash offers fast. This means you should be moving out in a few weeks after closing the deal.
- Have a Plan If the Appraisal Fails: In mortgage financing, the home appraisal value may come lower than your asking price. So you can lower your price to match the appraisal cost, reject the offer, or ask the buyer to pay the difference.
» Nevada Home Appraisal: Find out how much does home appraisal costs in Nevada.
Tips for Selling in a Buyer’s Market
Buyer’s market is typically when the number of houses for sale is more than homebuyers. This gives homebuyers an opportunity to demand lower prices of houses or ask for discounts on other costs.
- Offer Seller Concessions: You can offer seller concessions in several ways. You can cover a part of the buyer’s closing costs, mortgage closing costs, or accommodate repairs.
- Pay for Repair Costs: In a market with fewer buyers, you need to keep your house in good condition to attract a better deal. You should be prepared to pay for the repair costs in case the home inspection fails.
» Nevada Home Inspection: Know what home inspectors look for in an inspection.
When Should You Sell Your Las Vegas, NV House?
At times selling a house is a personal thing. Here’s when you can consider selling your home:
When You Need a Change in Life
Sometimes there are situations that demand a change in your life such as:
- Job-Relocation: Say, you have received an appealing job offer, but it demands relocation. A situation like this can force you to sell your house in a slow market.
- Favorable Neighborhood: You may need a safe neighborhood for your family or a house closer to your kids’ school.
- Divorce: Homes often hold a sentimental value for couples. But after a divorce, you may think of selling it as a practical option.
When Market Conditions Are in Your Favor
Favorable market conditions can get a top-dollar rate. Some factors that affect the real estate market are:
- Economy: Economic indicators like manufacturing activity, GDP, employment data, costs of goods, etc. influence the market. When the national economy is slow, so is the real estate market.
- Interest Rates: Lower interest rates boost the demand for mortgages. This affects the real estate sector, thus, increasing the price of the homes.
- Government Policies: Implementing tax credits, subsidies, and deductions are some of the ways the government can temporarily impact the housing market.
When You Are Financially Prepared
Here are a few factors to know if you are financially ready:
- Low Affordability: The average mortgage rate of 7.32% affects the affordability of buyers. Since 2022, the central bank hiked the interest rates 11th time by a quarter point. The interest rates are anticipated to increase even further.
- Downgrade Your Expenses: If you are looking to save on your property taxes, homeowners insurance, and HOA fees. You can sell your bigger house and move into a smaller one.
- Equity for New House: When your current home has procured enough equity to fulfill a healthy down payment, you can sell your house as is in Las Vegas.
» Cost to Sell a House: Get an estimate of the costs involved in selling your home.
Should I Sell My Home Now?
The housing market has apparently cooled off. Yet, home prices in some metro cities continue to rise. It makes sense to list your property in such favorable conditions.
Is Now a Good Time to Sell a House in Las Vegas, NV?
Yes, this is the right time to list your Las Vegas home to sell. Spring will be here soon, and the forthcoming summer season will mark an excellent time for home sellers.
If you want to sell your house in Las Vegas quickly and for higher profits, list it on the MLS. Houses listed on the MLS sell for 17.5% more than those off the MLS.
Houzeo can get your home listed on the MLS for a flat fee. Your listing gets syndicated to hundreds of real estate websites and online databases. Additionally, with Houzeo, you can sell FSBO and save up to 3% on agent commissions.
Eager to Know how Houzeo Works?
Houzeo is the #1 For Sale By Owner website in Nevada. It helps you list your house within 24 hours, unlike traditional brokers, who take 20 days to list your property.
Check out our exclusive video that explains everything you need to know about the platform.
» Houzeo Reviews: Find out what customers have to say about Houzeo – Las Vegas’s best home-selling website.
