We’re seeing some interesting shifts as national housing inventory rose by 3.8% over the past year—though that growth is more modest compared to last year’s rapid pace, and overall inventory still lags 7.7% behind what we saw in 2019. Most states recorded only mild inventory changes, but it’s worth noting that the Sun Belt and Mountain West are now hovering at or even above their pre-pandemic 2019 levels. Prices in these regions have stayed mostly steady. As someone who’s spent years guiding clients through the Las Vegas market, I recognize how these broader trends can influence buying and selling decisions—especially here in Nevada, where local dynamics often reflect or buck the national story. Understanding these patterns is a key part of navigating today’s real estate landscape.
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