Profits Margins on Home Sales in Las Vegas Still Higher than National Average
LAS VEGAS, NV – Despite the fact that numerous experts are say the residential real estate market in the Las Vegas Valley is in the process of transitioning to one that is now favoring buyers, home sellers are nonetheless still making healthy profits that are higher than the national average and still above pre-pandemic levels.
Home sellers in Las Vegas experienced a median profit of 53 percent in the third quarter of 2025, which according to real estate data analyst ATTOM, represents a year-over-year decrease of 59.6 percent. In contrast, the highest recorded seller median profit in the valley – when examining sales going back to 2008 – was an impressive 81.8 percent in the second quarter of 2022.
Meanwhile, the median home profit nationally for the third quarter of this year was 49.9 percent, which is a 55.4 percent drop from the same period of time last year; the national median sale price for a single-family home in the third quarter was $370,000, whereas that number was $445,000 in Las Vegas.
Despite profit margins dropping on home sales in Southern Nevada, the ATTOM report notes that they are still above the national average as well as the levels recorded before the advent of the COVID-19 pandemic.
Prior to 2020, home sellers saw profit margins of around 30 percent. As the COVID-19 pandemic induced people in search of more space to leave cities and buy homes, profits doubled to more than 60 percent in mid-2022,” the report said. “The average seller’s return has been dropping steadily since that peak, but over the last three quarters it’s held just below 50 percent.”
The average home sale nationally in the third quarter resulted in $123,100 in profit, the report said, but the highest profit margins – up to 18 times higher – were generated in major urban areas such as Las Vegas, although the largest margins were in expensive California metros such as San Jose, San Francisco, San Diego, and Los Angeles.
Shelter Realty Property Management specializes in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.
Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management