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Inventory flooding Las Vegas Valley’s home market with no buyers in sight: Zillow
Inventory across the country is up 19 percent (which means the Las Vegas Valley is 25 percent higher than the national average regarding this metric) from the end of March 2024 to the end of March this year, which puts the total number of homes on the market for sale at 1.15 million. This is the most real estate on the market in the country since March 2020 during the start of the pandemic.
By Patrick Blennerhassett
Las Vegas Review-Journal
May 2, 2025
Report: Inventory flooding Las Vegas Valley’s home market with no buyers in sight | Housing | Business
The latest report from the real estate company has inventory up 44.5 percent year over year ending March of this year, about 25 percent above the national average.www.reviewjournal.com
I live in Vegas
lots of homes
shit isnt selling, because of listings like this
![]()
12356 Notch Trail Ave, Las Vegas, NV 89138 | MLS #2674181 | Zillow
This 2649 square feet Single Family home has 4 bedrooms and 3 bathrooms. It is located at 12356 Notch Trail Ave, Las Vegas, NV.www.zillow.com
A house bought for 550 5 years ago, they think they can get 1.5 mill now for nothing.
There are plenty of houses around here the same way...
I hear you on that, HC.
The numbers just don't add up.
As I've mentioned on the board once or twice, I still scratch my head at some of the numbers for the property I grew up in. It's your standard 3 bed, 2 bath. Nothing special. Built in 1959, my parents bought it in the early-80s for under $130k. They divorced in the mid-90s, and mom went on to sell it in 2001 for 300k. The next owners resold it at a loss a few years later for just under 198k.
It hasn't been resold since, and as of the last time I checked it was assessed at over 1.8 million. I just rechecked those numbers now and the assessed value as of last summer is over 1,920,000. Pretty much just land value really, as the "building" is valued at under 60k. I've driven by there a few times over the years and the home looks like it has less personality now than it ever did. Trees and shrubs were cut back, and it's more exposed and with less privacy, and looks dated compared to newer, remodeled homes around it.
But yeah ... quite the investment for the people who bought it in 2004. Imagine paying less than 200k for something that's worth 1.9M+ just over 20 years later. The people who had it from 2001 - 2004 are probably kicking themselves.
Difference is that in most places that rise took 20 plus years
In Vegas they are trying to get that after 3-4 years
You can get houses like that in California at that price . I hope nobody is retarded enough to spend that in a shithole desert like Vegas smfhI live in Vegas
lots of homes
shit isnt selling, because of listings like this
![]()
12356 Notch Trail Ave, Las Vegas, NV 89138 | MLS #2674181 | Zillow
This 2649 square feet Single Family home has 4 bedrooms and 3 bathrooms. It is located at 12356 Notch Trail Ave, Las Vegas, NV.www.zillow.com
A house bought for 550 5 years ago, they think they can get 1.5 mill now for nothing.
There are plenty of houses around here the same way...
Pretty sure it didn't look the same in 2020.I live in Vegas
lots of homes
shit isnt selling, because of listings like this
![]()
12356 Notch Trail Ave, Las Vegas, NV 89138 | MLS #2674181 | Zillow
This 2649 square feet Single Family home has 4 bedrooms and 3 bathrooms. It is located at 12356 Notch Trail Ave, Las Vegas, NV.www.zillow.com
A house bought for 550 5 years ago, they think they can get 1.5 mill now for nothing.
There are plenty of houses around here the same way...
You can get houses like that in California at that price . I hope nobody is retarded enough to spend that in a shithole desert like Vegas smfh
78 Year Old Woman Describes Living In Her Car For Nearly 2 Months Amid Surge In Homelessness
May 14, 2025
A startling number of South Florida senior citizens are experiencing homelessness. One woman was brave enough to share her story in hopes of helping others find their voice. 7’s Heather Walker investigates.
78 Year Old Woman Describes Living In Her Car For Nearly 2 Months Amid Surge In Homelessness
May 14, 2025
A startling number of South Florida senior citizens are experiencing homelessness. One woman was brave enough to share her story in hopes of helping others find their voice. 7’s Heather Walker investigates.
Millionaires Surge In NYC As Middle Class Gets Priced Out
April 2025
New York City now has nearly 400,000 millionaires, more than any city in the world, despite predictions of a wealthy exodus during the pandemic. Middle-class families are being priced out, forced to relocate to places like New Jersey and North Carolina, where rising costs and interest rates are creating new housing challenges.
How Much I Spend Living In A Van
3D Na’Tee
April 2025
them tiddies .....