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June 23, 2025 Real Estate Market Update: A Quick Look at the Numbers

June 23, 2025 Real Estate Market Update: A Quick Look at the Numbers

The real estate market remains active and competitive as we move through June 2025. Whether you're buying, selling, or simply observing the trends, here’s a breakdown of the latest market data as of June 23, 2025 — and what it means for you.

💰 Sales Prices: A Wide Range of Opportunities

Median Sales Price: $485,000
Average Sales Price: $639,000

The median price gives us a snapshot of the typical home sold, while the average price reflects the influence of higher-end sales. The significant gap between these two figures suggests that luxury properties are still moving and pulling the average up — a sign of a diverse and healthy market.

🏘️ Inventory: Plenty of Options for Buyers

Active Single-Family Residences (SFR): 7,448
Total Active Listings (All Property Types): 10,407

Single-family homes continue to make up the bulk of the listings, accounting for more than 70% of active inventory. This gives buyers a wide range of choices, especially those seeking more space, privacy, and traditional homeownership.

🔁 Homes Under Contract: Demand Stays Strong

Total Properties Under Contract: 3,109

Over 3,000 properties are currently under contract — a clear sign that buyers are staying active and serious. If you're a seller, this level of demand means well-priced and well-presented homes are likely to attract offers quickly.

🏠 Sales Volume This Month

Single-Family Residences Sold: 1,200
Total Properties Sold (All Types): 1,558

This month’s sales volume reflects steady buyer activity, with SFRs making up the majority of closings. These numbers highlight the continued strength of the detached home market — a preference that has remained consistent post-pandemic.

⏳ Average Time on Market

Average Days on Market: 36 days

Homes are selling in just over a month, which points to a relatively fast-moving market. For sellers, this means the window for capturing buyer attention is short — and first impressions matter. For buyers, being prepared to act quickly remains key.

📌 Final Thoughts

The June 2025 market data tells a story of continued strength and balance. Inventory is healthy, prices remain solid, and buyer activity shows no sign of slowing down.

Work With Lori

Partner with Lori Smallwood for expert real estate guidance in Nevada. With decades of experience, strong negotiation skills, and a client-first approach, Lori ensures a smooth, successful transaction—no gimmicks, just results. Experience really does make a difference.

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