If you’re hoping to score a great deal on a home in Las Vegas, there’s one place smart buyers are looking right now: homes that have been sitting on the market for a while.

When a property lingers, sellers usually get more flexible, more realistic, and more open to negotiation. And that’s where savvy buyers, working with the right agent, are quietly getting what everyone else misses.

Why This Works: 1 in 5 Homes Has Had a Price Drop This Year

Data from Realtor.com shows that about one in every five listings (20.2%) has lowered its price at least once. This trend is consistent across the country and creates a major opportunity for buyers.

In Las Vegas, Henderson, and Paradise, the same pattern applies. Whether you're searching in:

• Summerlin
  
  

• Henderson
  
  

• Silverado Ranch
  
  

Every price drop is essentially the seller saying, "We’re ready to talk."

These are the listings that buyers overlook - and where the best deals often hide.

Your Strategy: Target Homes That Have Been Sitting the Longest

This is where a skilled local expert makes all the difference. James Sharp tracks days on market across Southern Nevada and identifies which sellers are most likely to negotiate.

Why focus on these homes?
Because waiting is exhausting, and the longer a home sits, the more motivated the seller becomes.

As Realtor.com explains:

"Less competition means fewer bidding wars and more power to negotiate the extras that add up."

That often includes:

• Closing cost credits
  
  

• Repair concessions
  
  

• Home warranty perks
  
  

• Price flexibility
  
  

Bankrate reinforces this strategy:

"Sellers may be more willing to lower their prices, or offer concessions, to attract buyers who are still looking."

And according to the National Association of Realtors, homes that sit longer typically sell below their original list price. Translation: patience pays.

Even a Small Discount Goes Further Than You Think

Let’s say you buy a home at 94% of its original asking price.
That might sound small, but in the Las Vegas market, it can mean tens of thousands of dollars saved upfront. As Zillow puts it:

"Look for homes that have been on the market for a while… You may find a motivated seller who is more willing to negotiate."

And those savings compound by lowering:

• Total interest paid over time
  
  

• Insurance and tax obligations
  
  

• Renovation and upgrade costs thanks to extra flexibility
  
  

Bottom Line: Smart Buyers Look Where Others Aren’t

If you want the best deal possible in Las Vegas, Henderson, or Paradise, start with the listings that have been waiting quietly for the right buyer.

Here’s what’s working right now:

• 1 in 5 sellers are dropping prices
  
  

• Many sellers are becoming more flexible each week
  
  

• Homes that sit longer can offer substantial savings
  
  

The smartest way to uncover these hidden opportunities?
Work with an agent who knows exactly where they are.

That’s where James Sharp comes in. With hyper-local expertise, precise market analytics, and negotiation power backed by hundreds of five-star reviews and top Nevada rankings, they help buyers secure real value in a competitive market.