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Market Reports
New Southern Nevada Homes Now Make Up 25% of Sales as Builders Offer Sweet Incentives
Discover the epitome of Las Vegas living with The Smith Team Las Vegas. We’re your trusted partners in finding the ideal residence that perfectly complements your Vegas lifestyle and allows you to craft unforgettable memories
Brightline West: All Aboard the High-Speed Train to Vegas and Beyond!
Discover the epitome of Las Vegas living with The Smith Team Las Vegas. We’re your trusted partners in finding the ideal residence that perfectly complements your Vegas lifestyle and allows you to craft unforgettable memories. Join us on this thrilling expedition towards your dream home!
Viva Las Vegas Real Estate: A Market on the Rise!
In April, the median price of existing single-family homes in Southern Nevada hit $469,000. That’s a solid 9.1% increase from $430,000 in April 2023. While it’s still a bit shy of the all-time high of $482,000 set in May 2022, this jump is a clear sign of a thriving market.
Why the Luxury Home Market in Las Vegas is Booming
Welcome to the glitzy world of Las Vegas luxury real estate, where stunning homes with breathtaking views, opulent amenities, and modern design keep the market sizzling. Let’s dive into the factors that make this market so hot, and explore some of the incredible features that these homes offer.
The Buzz in Vegas: Investors are Betting Big on Real Estate
Las Vegas isn’t just about the glitz and glam of casinos anymore—its real estate market is heating up, drawing investors like moths to a neon flame. According to Redfin, the Las Vegas Valley saw a 2.7% rise in investor home purchases in the first quarter of 2024, second only to Oakland, California.
