On May 5 Las Vegas saw its most-ever high resale prices of a condo in a High-rise with a cash sale of $6.5 million cash for a penthouse at Turnberry Place. The first quarter of 2022 saw 293 resales, and that is on the back of a record 1,161 resales in 2021. This is a […]
Market Reports
LIBRETTO BY STORYBOOK OPENS IN CADENCE
Libretto by StoryBook Homes is the third neighborhood in Cadence from this homebuilder. Sales for Libretto have begun with 72 available homesites and four models to choose from. They offer two-story homes that start in the upper $300,000s and range from 1,309 square feet to 1,484 square feet with various options for personalization. The four […]
NEW HOMES IN LUXURY MARKET SALES ARE STRONG
The new-home luxury market continues to be strong with the demand for uber high-end estates in Las Vegas. This market is showing no signs of slowing in 2022 despite rising prices and mortgage rates that could be felt by the industry as a whole. Southern Nevada builders closed on 101 homes priced at $1 million […]
LAS VEGAS LUXURY BOOM AND HOW TO MAKE THE MOST OF IT
The luxury home market in Las Vegas is hot – like the weather will be in a couple of months. This is a historic time for our local luxury market. In 2021, there were more homes – 46 sold that were over $5 million – than in other years in the history of Las Vegas. […]
HOMES HOLD VALUE IN MASTER-PLANNED COMMUNITIES
As we all know, the housing market is still very strong with a demand for newly built homes. This year, master-planned communities will see both opportunities and challenges to deliver new homes to homebuyers. Cadence has seen strong sales in the past few years and they anticipate the trend will continue. The community offers various […]
LUXURY HOMES SET RECORD FOR SALES IN MARCH 2022
Las Vegas has set an all-time record in March for luxury home sales of $1 million and higher. This trend was led by an $11.4 million sale in Summerlin which has a mystery buyer and has a lot of people speculating about their identity. The March 28 purchase was the number1 sale out of the […]
