Centennial Hills Market Report July 2026
This is the Centennial Hills market report for July 2026, covering single-family home sales in ZIP code 89149 in northwest Las Vegas.
When you find yourself needing more space, a different floor plan, or a change of scenery, that is usually when you start thinking about selling. Before making a move of this size, you deserve a clear understanding of what is actually happening in your local market. That way the whole journey of selling your current home and finding your next one is as smooth and informed as possible.
For most of us, buying and selling a home is the largest financial decision we make. As you consider your next move, you deserve guidance from someone who knows your local market and pulls the numbers every single month.
Inventory Grew & Homes Kept Selling at the Same Pace
Inventory in the 89149 area reached 6 months of supply in July 2026, up from 4 months in July 2025 and 5 months in June 2026. Months of inventory measures how long it would take for every active listing to sell at the current pace. More supply means your home has more competition than it would have had a year ago.
Homes closed in a median of 28 days in July 2026, compared to a median of 29 days in July 2025. Twenty eight days is still a healthy pace by historical standards. It tells me buyers are moving quickly on the right homes even with more inventory in front of them. To make sure your home does not sit, you have to start with proper pricing and a strong marketing position from day one.
Homes Are Still Selling Close to List Price
The sale-to-list price ratio measures how close the final sales price was to the original asking price. In 89149, this number came in at 97.5% in July 2026, up from 96.8% in July 2025 and down from 98.7% in June 2026. The takeaway is clear. Correctly priced homes are still attracting offers near asking. To get the best result on your sale, you want to work with someone who knows the local market and knows how to position your home from the start.
Median Sales Price Reached $682,000
The median sales price in 89149 rose from $568,000 in July 2025 to $682,000 in July 2026. That is the highest monthly median of the year. Price per square foot moved the other direction, from $276 to $256. Reading those two numbers together tells you larger homes made up more of what closed in July 2026. That distinction matters when you price your own home, because the median reflects what sold last month, not what every home in 89149 is worth.
One strong month does not set the next, which is why pricing strategy and presentation continue to be what makes the difference.
When you put all of these numbers together, here is what we are looking at. Prices reached a new high for the year. Median days on market held steady. Sale-to-list ratios are still strong. Inventory grew. Buyers have more to choose from than they did a year ago.
This is a market that rewards preparation and proper pricing, not pressure. The homes that earned the strongest offers in July were the ones that came in priced right from day one and showed well from the very first photo.
What the July Numbers Mean for the 89149 Market
When you put all of that together, here is the takeaway. July posted the highest median price of 2026, and larger homes drove it. Price per square foot actually came down, which tells you this was a change in what sold rather than a 20% jump in value across the board. Buyers have 50% more inventory than they had in July 2025. Homes are still closing in under a month. The story here is a wider gap between a well priced listing and an overpriced one, not a shift in direction.
If You Are Thinking About Selling a Home in 89149 Centennial Hills
A 97.5% sale-to-list ratio means homes that are priced correctly are still closing close to asking, sometimes with room to negotiate on terms rather than price. That is a solid position if you are getting ready to list.
Pricing strategy matters more now with 6 months of inventory on the market. A buyer who does not like your price simply moves to the next listing, and your first two weeks are when the most motivated buyers see your home. See what your Centennial Hills home is worth today.
If You Are Thinking About Buying in 89149 Centennial Hills
Inventory grew to 6 months in July 2026, up from 4 months in July 2025. That is the most selection buyers in 89149 have had in over a year, and price per square foot came down to $256 from $276.
Homes are still closing in a median of 28 days and sale-to-list held at 97.5%, so well priced homes are not sitting. This is a market that rewards being selective and then moving decisively when the right one shows up. If you are new to the area, start with my overview of the Centennial Hills real estate market before you tour.
Search homes for sale in 89149 to see what is on the market right now.
Selling and Buying at the Same Time in 89149
If you are getting ready to sell your current home and buy your next one, you do not have to figure out the timing alone. I work with 89149 and Centennial Hills homeowners doing exactly that, and I am always happy to talk through your specific situation, whether that means what your home could sell for, what is realistic for your next purchase, or how to line up the two.
With 6 months of inventory on the market, the order you do things in matters more than it did last summer. You have more homes to choose from as a buyer, and more competition to price against as a seller.
Read my full breakdown on selling and buying a home at the same time in Las Vegas.
Frequently Asked Questions About the 89149 Centennial Hills Real Estate Market
What is the median home price in 89149 right now?
As of July 2026, the median sales price for single-family homes in 89149 was $682,000, up from $568,000 in July 2025.
How long are homes taking to sell in Centennial Hills?
Homes in 89149 spent a median of 28 days on market in July 2026, close to the median of 29 days in July 2025.
Are sellers getting their full asking price in 89149?
Not quite. The sale-to-list ratio in July 2026 was 97.5%, so homes closed at roughly 2.5% below list price on average. That is tighter than the 96.8% recorded in July 2025.
Why did the median price go up while price per square foot went down?
Because the mix of homes that sold changed. Larger homes made up more of July 2026’s closings, which raises total sale prices while lowering the average value per square foot. It reflects what sold, not a decline in individual home values.
Is 89149 a buyers market or a sellers market?
The data does not point clearly in either direction this month. Sale-to-list held at 97.5% and homes closed in a median of 28 days, which favors well priced sellers. Buyers have 6 months of inventory, the most in over a year. It depends on your specific situation and goals.
15 minutes, no pressure, and you will leave with a clear picture of where your home sits in this market. Buying instead? There is an option for that on the same page.
Prefer to talk now? Call me directly at 702-592-0488.