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Pet of the Week!

Stetson, a Pembroke Welsh Corgi with one brown eye and one blue eye, grinning on a patterned blanket.

Meet Stetson, a Pembroke Welsh Corgi with one brown eye and one blue eye.

Good morning, Northwest.

The typical Las Vegas home sold for $470,000 in September, the same as a year ago, but more homes are sitting with no offer. We pulled the real sales numbers for homes, condos, northwest ZIP codes and apartments below. Then Tuesday through Thursday brings trunk-or-treats, pumpkin patches and two mild market nights.

This week:

Home and apartment sales report
Candy before Saturday
75-degree afternoons

Lets get spooky

-Marlin

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COMMUNITY

Home Prices Hold at $470K as Sales Slow

Two neighbors review a home listing beside a for-sale sign on a northwest Las Vegas street, illustrated as a bright vintage postcard.

The median existing single-family home in Southern Nevada sold for $470,000 in September. That is exactly where it was a year ago and $20,000 below the $490,000 record set in May and June, according to Las Vegas REALTORS. Condos and townhomes sold for a median $290,000, down 1.4% from last year and well under the $315,000 record from October 2024.

Fewer people are buying. LVR counted 2,169 existing homes, condos and townhomes sold in September. Single-family sales fell 7.4% from a year earlier, and condo and townhome sales fell 12.6%. By month end, 7,995 single-family homes were listed with no offer at all, up 6.6%, along with 2,796 condos and townhomes, up 7.3%.

Supply is the number to watch. LVR put September's sales pace at five months of supply, up from about four a year ago. Local agent Forrest Barbee told the Review-Journal the valley reached about 6.2 months in early October, the highest level since October 2022.

The newest weekly MLS read shows a small bounce. In the week ending Oct. 26, 524 properties went under contract, up from 482 the week before, as the average 30-year mortgage rate slipped from 7.40% to 7.32%. The month-to-date single-family median was $475,000, per Zahler Properties.

Closer to home, Redfin figures for the three months ending in September split by ZIP code. 89166, which takes in Skye Canyon, had a $505,000 median sale price, down 3.8% from last year, and 222 homes sold in September, up 34.7%. 89149 came in at $482,000, down 3.5%, and 89131 at $590,000, up 7.2%. Homes in all three ZIPs took 52 to 59 days to sell on average.

Apartment hunters hold even more cards. Rental platform Zumper told the Review-Journal that 43% of large Las Vegas apartment communities now offer at least a month of free rent, up from 14% in 2023 and second only to Denver. Nearly half of newly listed units, 49%, are still open after 30 days, and Zumper's median one-bedroom rent was $1,190 in June, down 1.6% from a year earlier.

What it means: buyers can ask for repairs, credits or a rate buydown instead of racing to outbid. Renters can ask what a free month works out to over the full lease. Sellers pricing off spring comps are competing with nearly 8,000 homes that have no offer yet.

Buying? Check sale prices and days on market for your ZIP. See northwest ZIP trends → Renting? Ask about move-in specials before you sign. See the free-rent numbers →

Desert bighorn sheep illustration divider.

EVENTS

Week Ahead

Tuesday, October 27

Bat drawings at Red Rock, 10 AM to noon. A drop-in oil-pastel session at the visitor center gives younger artists a close look at canyon bats without waiting for dusk. Scenic Drive reservations may apply. Details →

Halloween Town Northwest, 4 to 10 PM. The pumpkin patch at 7211 North Oso Blanca Road keeps its carnival rides, hay maze and giant Ferris wheel running weeknights through Halloween, then noon to 10 PM Saturday. Admission is $5. Details →

Team Chevrolet Trunk or Treat, 5 to 8 PM. Candy, costumes and leashed pets take over 5501 Drexel Road, with donations supporting three local nonprofits. Details →

Trivia at PKWY Tavern, 7 PM. The Tuesday quiz is an easy weeknight fallback when the candy run ends early. Details →

Wednesday, October 28

Tarantula Trek at Red Rock, 5 to 6:30 PM. The guided evening hike tracks the canyon's annual spider movement. Bring closed-toe shoes and register before heading out. Register →

Egg Works Trunk or Treat, 5 to 8 PM. The Egg Works at 7591 Tule Springs Road hosts a free trunk or treat with candy, music, games and costumes for the whole family. Details →

Halloween at the Y, 6 to 8 PM. Durango Hills YMCA is running a free costume night with games for families, no registration required. Details →

Moonlight & Magic Restore at YogaSix, 7 PM. YogaSix Centennial Hills, 6275 Centennial Center Boulevard, runs a Halloween-themed restorative class to close out the candy rush. Details →

Music Bingo at PKWY Tavern, 7 PM. Name the song, mark the square and keep dinner simple. Details →

Thursday, October 29

Skye Canyon Trunk or Treat, 4 to 7 PM. The Skye Center parking lot turns into a candy route while the Fresh52 market runs nearby from 2 to 8 PM. Details →

Haunted Harvest, 4 to 7:30 PM. Centennial Hills YMCA and the neighboring library bring lawn games, a scavenger hunt, face painting and a trunk-or-treat to 6601 North Buffalo Drive, and Chick-fil-A Centennial Hills hosts its own trunk or treat there from 5 to 7 PM. No registration required. Details →

Cardio & Carbs, 6 PM. Red Rock Running Company in Centennial Hills leads a free social 5K, then points the group toward Wahoo's. Details →

Karaoke at PKWY Tavern, 8 PM. Thursday's open-mic songbook is the late option after the family events wrap. Details →

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IN OTHER NEWS

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Rancho Sereno is getting a Taco Bell. Plans filed for the northwest neighborhood add another quick-service option near the growing residential pocket. See the plans →

A $150 million gift anchors a children's hospital. Intermountain says the donation will name Nevada's first standalone children's hospital, with the inpatient tower expected to open in 2030. Read the announcement →

Local Weather Forecast

Northwest Las Vegas forecast postcard for October 27 to 29: Tuesday sunny, 76 and 56, south wind 2 to 10 mph with gusts to 20; Wednesday mostly sunny, 75 and 58, northeast wind 2 to 7 mph; Thursday partly sunny, 75 and 58, south-southwest wind 2 to 10 mph.

PARTNER WITH THE NORTHWEST DIGEST

Markets

Wednesday, Fresh52 at Bruce Trent Park, 4 to 8 PM. Produce, prepared food and artisan tables line the park at 1600 North Rampart Boulevard. Details →

Thursday, Fresh52 at Skye Canyon Park, 2 to 8 PM. Shop before or after the 4 PM trunk-or-treat in the Skye Center parking lot. Details →