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Las Vegas

Discover The Strip, celebrity chefs, and hot, dry summers, along with affordable housing for families and retirees in Sin City.

32,300

Jobs Created
3.3%

$55,893

Median Household Income
2.8%

12,800

Total Housing Permits
-0.2%

238

Total Number of Projects
-16.8%

$394,283

SFD New Home List Price
1.8%

2,667

New Home Sales
2.7%
Monthly

Market Health

Las Vegas' population is 2.2M, with a total workforce of 976K. The labor market grew by 32,300 jobs over the past year, up by 3.3%. The median household income in Las Vegas is $55,893, 2.8% higher than last year and 8.9% below the national average of $61,372. In the housing market, total permits issued totaled 12,800 over the last twelve months, down 0.2% year-over-year.

Las Vegas has 238 active new home projects on the market, 16.8% fewer than the 286 from last year. The average list price in the market is $394,283, 1.8% higher than last year and 23.1% above the national average. Over the last three months, new home contracts increased by 2.7% to 2,667. Las Vegas and Henderson had the highest concentration of the new home contracts in the Las Vegas market.

Our Experts

Work with leaders in the industry.

Rick Baldonado

Vice President Sales, West

Rick Baldonado

Vice President Sales, West


Tim Sullivan

Managing Principal

Tim Sullivan

Managing Principal


Adam McAbee

Vice President

Adam McAbee

Vice President


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