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Las Vegas housing prices fell, sales dropped, and inventory rose, shifting the market to favor buyers in February 2026.
The Las Vegas housing market is shifting toward buyers, with February home prices dropping 0.6% from a year earlier, falling below the November 2025 peak, and condo and townhome prices dropping 5.9% to $285,000.
Sales of existing homes declined 9.4% for single-family homes and 8% for condos and townhomes, while inventory rose sharply, with listings without offers up 17.2% for single-family homes and 23.7% for condos and townhomes.
The total housing supply now exceeds four months, up from just over three months a year earlier, signaling a buyer’s market.
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Los precios de las viviendas de Las Vegas cayeron, las ventas se redujeron y el inventario aumentó, cambiando el mercado para favorecer a los compradores en febrero de 2026.