Monthly Housing Market Report Nov. 2021

Dated: December 8 2021

Views: 59®’s November housing data release reveals that the number of homes for sale continues to be limiting both buyers and sellers.

This past month, the rate of decline in inventory increased, newly listed homes failed to materialize in sufficient numbers, and homes spent increasingly less time on the market compared to previous years.

Currently 1 in 4 homeowners choosing not to sell are saying it’s because they can’t find a home in their price range. There is potential for improvement on the horizon, however. Listing price growth has remained stable for the past four months, more homeowners are planning to sell in the next 6 months, and single-family home construction continues at higher rates than recent history.

Blog author image

Kenneth Manesse

Helping you experience something new in Las Vegas that's guaranteed. Real Estate with less stress!....

Latest Blog Posts

27.9% of Las Vegas Local Property Sales - CASH

The total number of existing local homes, condos, town homes and other residential properties sold in Southern Nevada during 2021 was 50,010, according to That was the first time

Read More

Las Vegas Predictions for 2022 Real Estate

Experts agree that the Las Vegas real estate housing market will continue to favor sellers for some time, possibly for years, but with slower growth in home prices and decelerating inflation. The

Read More

Las Vegas Most Underestimated Homeowner Project.

With growing demand for home remodeling and construction material shortages, budgeting accordingly for house projects has been unpredictable. Many homeowners may be getting sticker-shocked at how

Read More

3 Tips For Online Real Estate Shopping In Las Vegas

Hunting for a new home online is a great place to start your search, but it should not be your end all be all. Great agents are excellent at highlighting the best features of the home, but keep in

Read More