Las Vegas – Real Estate Market Update (SFR): December 2021

This is the December 2021 Market update for the Las Vegas Nevada Single Family Residential Real Estate market (SFR market), presented by Justin Miller of the Chong Miller Group. At the Chong Miller Group, we help people buy and sell…

Las Vegas - Real Estate Market Update (SFR): December 2021



This is the December 2021 Market update for the Las Vegas Nevada Single Family Residential Real Estate market (SFR market), presented by Justin Miller of the Chong Miller Group. At the Chong Miller Group, we help people buy and sell homes.

In November, Las Vegas saw extremely strong real estate resale sales activity in the residential resale market – highest November volume in history, and volume greater than the 2021 monthly average. And that with pricing at record levels.

If you would like more information about buying or selling residential real estate in Las Vegas, contact Justin at [email protected], or Jason at [email protected] We’d be happy to talk over a hot chocolate or iced tea, or we can simply meet at our offices to discuss your needs.

Justin (Broker – Salesperson, REALTOR, NRED: BS. 0145509) holds a Ph.D. in business from the Stern School of Business, New York University, and over a 10-year period he was on faculty and taught MBA and undergraduate entrepreneurship/negotiations at some of the top Business Schools in the nation – including at the USC/Marshall School of Business and the OSU/Fisher College of Business. And for 20 years, Jason (Salesperson, REALTOR, NRED: S. 0185696) worked as a management and technology consultant. Justin and Jason each had more than a dozen years’ experience as real estate investors before opening their own real estate business in 2018. Now they offer their knowledge, experience, and expertise to help you in your real estate adventures – whether buying, selling, or investing.

At the Chong Miller Group, we’ve built our business on the twin pillars of Trust and Technology. Our latest technology platform allows us to offer you a first-rate mobile experience to guide you through the home-search process, the buying process, and/or the selling process. You can find our app at​​​​ (available for both iOS and Android). Our app allows you to search the entire Multiple Listing Service (MLS), whether in Las Vegas or other areas of the US. But better than with third-party apps, you can create and share collections of desired properties and features (with us and with others of your choice), learn about neighborhoods, and be guided through the entire real estate process. The data are customizable, focused, complete, and up-to-date – putting more power and control in your hands than ever before available to the real estate consumer. Create a log-in so our app can connect to you directly, allowing you to always be in touch with your real estate advisors.

Justin is a Navy veteran, and currently serves as Treasurer for the Las Vegas Chapter of the US Naval Academy Alumni Association, as well as being a member of the Las Vegas chapter of the Veterans Association of Real Estate Professionals. At the Chong Miller Group, half our clients are active-duty military or veterans, allowing us to develop significant insights into the specialized housing and financing needs of military members and their dependents. We also deploy this knowledge more broadly, to help anyone relocating to (or around) Las Vegas. Whether in the residential areas of the southwest, core, or northwest/northeast parts of the Las Vegas Valley, or the Strip’s high-rise luxury condo market, we’re here to help you.

In addition to this monthly “Market Update” series of videos, the Chong Miller Group also produces the “Ask the Professor” series (examining economic/social/statistical issues impacting real estate), the “Insights” series (looking at larger macro-trends), and the “You’re @Home” series (providing a view to more micro-related issues such as home staging, landscaping, transaction processing, or loan sourcing). There are also occasional supplemental videos to help ensure our clients are fully knowledgeable and always empowered in their real estate endeavors – so keep an eye open for our latest videos.

If you find these videos helpful, please subscribe to our YouTube Channel by clicking the Subscribe button to the lower-right of this video: – and remember to hit the like button. And email us to get yourself on our Newsletter distribution list.​​​​
[email protected]

This video is a production of the Chong Miller Group, a Las Vegas real estate team, and features Justin Miller, one of the principals of the Chong Miller Group. Much of the data for this video series comes from the Las Vegas Realtors association and the Las Vegas MLS. The Chong Miller Group is an independent real estate business, with our licenses hanging at Keller Williams Marketplace One.

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