Clark County sees a rise in new home listings, with a fourteen percent increase from last January, now standing at over four months of supply. Homes are taking longer to sell, averaging ninety-one days, while closed sales dropped twelve percent. Despite this, the median home price climbed three point eight percent to five hundred forty-nine thousand dollars. Local real estate leaders note a market cooling due to higher mortgage rates, with the average thirty-year fixed rate now at six point zero one percent, up from two point eight one percent last February. Experts predict a relatively flat market heading into twenty twenty-six, unless interest rates drop.
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