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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.

28,000

Jobs Created
2.8%

$59,888

Median Household Income
4.7%

11,485

Total Housing Permits
-16.9%

260

Total Number of Projects
-3%

$404,347

SFD New Home List Price
-1.2%

2,615

New Home Sales
-11.5%
Monthly

Market Health

Las Vegas population is 2.2M, with a total workforce of 1.0M. The labor market grew by 28,000 jobs over the past year, up by 2.8%. The median household income in Las Vegas is $59,888, 4.7% higher than last year and 2.4% below the national average of $61,372. In the housing market, total permits issued totaled 11,485 over the last twelve months, down 16.9% year-over-year. Las Vegas has 260 active new home projects on the market, 3.0% fewer than the 268 from last year. The average list price in the market is $404,347, 1.2% lower than last year and 33.6% above the national average. Over the last three months, new home contracts decreased by 11.5% to 2,615. 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.

Tim Sullivan

Managing Principal

Tim Sullivan

Managing Principal


Adam McAbee

Vice President

Adam McAbee

Vice President


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