Let’s not sugarcoat it—Las Vegas real estate is shifting, and if you’re watching the market, this is one of those moments where timing, data, and smart decisions really matter.
According to the latest June report from Realtor.com, newly listed homes are up nationwide—but Las Vegas is leading the pack with a 77.6% increase in available homes compared to this time last year. That’s the sharpest jump in the country.
So what does that mean for you?
More options. More negotiation power. And yes—price drops worth paying attention to.
Two of my listings just made major moves:
786 Etter Creek | $1,199,000
Tucked inside Stonebridge in Summerlin, this home isn’t packed with builder upgrades—but that’s exactly the point. What makes this home shine is the elevated lot, unobstructed Strip views, and a pool + spa setup that screams summer living. Zoned for top-rated schools, and with a layout that works beautifully for everyday life or entertaining, this is one of the smartest buys in Summerlin under $1.2M right now.
8390 Carmel Ridge | $799,000
This one’s a two-story single-family home inside the guard-gated community of Spanish Trail. The primary suite is on the main level, and the home offers stunning golf course views from a beautifully updated interior. Just reduced to $799K, it’s rare to find a move-in-ready home with this kind of privacy, prestige, and square footage in one of Las Vegas’s most iconic communities.
Across the board, we’re seeing a clear shift:
Nationally, new listings peaked in April, and have declined for two months in a row.
In Las Vegas, median list price is $479,988.
Inventory is now at a 3.6-month supply—technically still a seller’s market, but softening quickly.
Sellers who want to stand out are adjusting their pricing and expectations to match the moment.
This current window—where inventory is up, competition is lower, and motivated sellers are making bold moves—won’t last forever.
If you’ve been watching from the sidelines, this may be your chance to get ahead of the curve. Whether you’re looking for a forever home with a view or a smart move in a gated golf course community, both of these listings are worth your attention.
Let’s schedule a private showing or talk strategy. You don’t have to navigate this market alone—I’ve been on the builder side of the desk, I know what’s coming, and I’ll help you make the right move.
— Jennifer Graff
Realtor, The New Home Experts
Schedule your private showing today!