The Las Vegas housing market appears to be rebounding from last year’s numbers, but home prices remain high, a new report from the Las Vegas Realtors (LVR) association revealed.

The report, released Tuesday, showed home prices remain high and the market is beginning to slow down, with lowering prices and more homes available on the market.

LVR President Merri Perry said that unlike the rest of the nation, homes in Las Vegas have been “selling faster than they were at the same time last year,” but they’re also “seeing more homes available.” 

Here’s a look at the market, by the numbers: 

$475,000: The median price that existing single-family homes sold for in Southern Nevada through LVR’s multiple listing service (MLS) in June. In June 2023, the median price was $440,990. 

The all-time record is $482,000 and was set in May 2022.

$295,000: The median price of local condos and townhomes sold in June. In June 2023, the median price was $275,000.  

4,114: The number of single-family homes listed without any offers by the end of June. This is up 11.8 percent from the same time last year.

1,367: The number of condos and townhomes listed without any offers in June. This is a 47 percent increase from June 2023.

2,698: The number of local homes, condos and townhomes sold this June. Sales were down 8.7 percent for homes and 6.3 percent for condos and townhomes compared with June 2023.

29,069: The number of sales of local homes, condos and townhomes in 2023. In 2022 and 2021, LVR reported 35,584 and 50,010 properties, respectively, were sold.

26.6 percent: The percent of all local property sales that were cash transactions in June of this year. In June 2023, 25.1 percent of property sales were cash transactions.

In June 2013, this number peaked at 59.5 percent.

$1.3 billion: The value of local home transactions tracked through the MLS in June of this year. This is up 3.1 percent compared with June 2023. 

$192 million: The value of local real estate condo, high-rise and townhome transactions tracked through the MLS in June of this year. This number is up 1.1 percent compared with the same period last year. 

86.9 percent: The percentage of local homes sold within 60 days in June. In 2023, 81.3 percent of homes sold within 60 days.

83 percent: The percentage of local condos and townhomes sold within 60 days. In June 2023, this number was 82.6 percent.