http://stephanieg.cbvegas.com/blog/categoryname_price-reduction/sort_entrydatetime-desc/ Sales volume in Las Vegas is far below past levels, but homes that do sell aren’t taking unusually long. In September 2026, the median single-family home sold in 27 days on market and the average in 44 days. That’s slightly faster than September 2025 (30 and 46 days), and at or below a typical September since 2006 (a median of about 28 days and an average of about 49).When supply rises and demand is soft, price is what restores liquidity: either listing close to what the market supports or cutting the price later. In our data, the better approach has been to price at or slightly below the market from the start. That avoids a series of deeper cuts once a listing starts to look stale.We looked at the distribution of days on market for single-family homes that closed in September. We also measured each home’s “degree of overpricing,” comparing its original list price to what a model predicts similar homes in the same ZIP code would list for.The fastest-selling quarter of homes (11 days or fewer) were typically listed about 3% below the model’s estimate. Only 3% needed a price cut, 27% sold above their final asking price, and the typical home closed at 100% of its original list price. They were priced to sell from the start.The slowest-selling quarter took 59 days or more (a median of 91 days). Those homes were typically listed 1.5% above the model’s estimate, and one in three was listed 10% or more above it. 84% cut their price, and the typical home closed at 93.5% of its original list price. These are homes that eventually sold. Overpriced listings that expired or were withdrawn aren’t in these figures, so the real cost of overpricing is higher.Use the table and charts below to weigh pricing against how quickly you need to sell. If a job change or another move depends on a quick sale, pricing to the market can matter more than holding out for top dollar. Some sellers can afford patience, but waiting risks a series of price cuts that end below what a market-based price would have brought at the start. That trade-off matters more as months of supply grows.  http://stephanieg.cbvegas.com/blog/21581/despite-a-challenged-housing-market-homes-are-selling-about-as-fast-as-they-typically-do/ Mon, 26 Oct 2026 09:48:57 -0800 The infographic below tells an important story for home sellers. Here are some key findings: Rule 1 — Price it right on day 1. The majority of sold homes needed zero cuts. Homes that went under contract in the first 14 days almost never reduced their price. The best strategy is accurate pricing from the start, not a plan to cut later.Rule 2 — If you need to cut, do it early and do it once. Sold homes that reduced price made their move within the first 30 days — one meaningful cut, not a series of small ones. A single 2–4% reduction while buyer interest is still high works. Waiting 60+ days to trim $5,000 does not.Rule 3 — Withdrawing and relisting does not reset buyer perception. 20% of expired listings tried this. Zero percent of sold listings did. Buyers check history. A home that has been on and off the market signals a problem even if the price looks right.  http://stephanieg.cbvegas.com/blog/21524/pricing:-how-to-sell-a-home-and-how-not-to-sell-a-home/ Wed, 03 Jun 2026 10:47:29 -0800