Press release
Fewer Buyers, Cheaper Rooms: Las Vegas Jaunt Connects The Dots Between Real Estate Trends and Travel Deals in 2025
"As home prices and inventory shift, we're starting to see the ripple effects on nightly rates," says the Las Vegas Jaunt team. "It's a dynamic traveler's do not often consider, but one that always remains relevant".
Key Findings From the July 2025 Report
Inventory Climbing, Sales Slowing
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Over 9,900 homes were on the market in June, with single-family listings up 71.8% from last year.
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Overall listings in Vegas grew by 77.6% vs June 2024, which is dramatically higher than the national average of 6.2%
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May 2025 saw 13.1% fewer home sales year-over-year, signaling reduced buyer urgency.
Median Home Prices Holding, But Cooling Signs Emerge
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In May 2025, the median listing price reached $475,000, up 3.3% year-over-year.
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By June, the median sold price dipped to $442,751, still 5.1% higher than the same time in 2024.
Homes Spending Longer on the Market
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The average days on market rose to 40 in June, up from 28 days the previous year.
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Quick home sales (under 30 days) dropped from 70.9% in 2024 to 61.3% in 2025, showing increased buyer caution.
Visitor Numbers Also Declining
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Visitor volume in May 2025 decreased by 6.5% year-over-year, further contributing to the decline in hotel demand.
Downtown Las Vegas Leads the Decline in Hotel Rates
As both housing and tourism metrics cool, hotel prices are beginning to follow, most notably in Downtown Las Vegas.
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Las Vegas Strip: Average daily rate in May was $212.46, down 1.2% YoY
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Citywide: Average daily rate was $198.20, down 2.2%
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Downtown Las Vegas: Rates dropped to $109.39, a sharp 12.4% decrease
With fewer tourists and more competition among budget-friendly properties, travelers are likely to see increased value in this historic part of the city.
We're seeing Downtown Vegas respond faster and more dramatically to the market changes," notes the Las Vegas Jaunt editorial team. "For savvy visitors, that could translate into real savings in the months ahead.
What It Means for Travelers
The 2025 housing trends aren't just for buyers and sellers. They also signal a shift in the travel experience. As the market continues to balance out, expect more competitive hotel pricing, particularly in areas such as Downtown Las Vegas.
For visitors planning their next trip, now may be the time to explore the city's wide range of hotel deals [https://www.lasvegasjaunt.com/hotel-deals/] and take advantage of new opportunities.
The full article breaks down 15 key stats [https://www.lasvegasjaunt.com/real-estate-market-statistics-las-vegas/] that explain what's happening in the housing market and what it could mean for travelers, investors, or anyone curious about what's really going on in Vegas.
About Las Vegas Jaunt
Las Vegas Jaunt helps travelers save money and plan smarter trips to Las Vegas. The site features hotel deals [https://www.lasvegasjaunt.com/hotel-deals/], show tickets, flight deals [https://www.lasvegasjaunt.com/flights/], insider tips, insights, and more, all of which are designed to make your Vegas experience more affordable and unforgettable.
Media Contact
Company Name: Las Vegas Jaunt
Contact Person: Erwan Mevel
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=fewer-buyers-cheaper-rooms-las-vegas-jaunt-connects-the-dots-between-real-estate-trends-and-travel-deals-in-2025]
Country: United States
Website: https://www.lasvegasjaunt.com
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