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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.

18,200

Jobs Created
1.8%

$59,853

Median Household Income
4.7%

11,521

Total Housing Permits
-12.9%

261

Total Number of Projects
4.4%

$403,535

SFD New Home List Price
-3.8%

0

New Home Sales
-1.3%
Monthly

Market Health

Las Vegas population is 2.2M, with a total workforce of 1.0M. The labor market grew by 18,200 jobs over the past year, up by 1.8%. The median household income in Las Vegas is $59,853, 4.7% higher than last year and 2.5% below the national average of $61,372.
In the housing market, total permits issued totaled 11,521 over the last twelve months, down 12.9% year-over-year. Las Vegas has 261 active new home projects on the market, 4.4% more than the 250 from last year. The average list price in the market is $403,535, 3.8% lower than last year and 29.0% above the national average. Over the last three months, new home contracts decreased by 1.3% to 2,647. Las Vegas and North Las Vegas had the highest concentration of the new home contracts in the Las Vegas market.

Our Experts

Work with leaders in the industry.

Tim Sullivan

Managing Principal

Tim Sullivan

Managing Principal


Adam McAbee

Vice President

Adam McAbee

Vice President


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