Las Vegas residents bought the most newly built homes in August than they have since the recovery of the housing market in the late 2000s. The elevated mortgage rates we see have not put a damper on sales. Home Builders Research, a Las Vegas-based organization, reported there were 1,037 new-home net sales—far surpassing the 488 […]
Market Reports
THE COST OF HOMES ARE REMAINING STEADY
The cost of buying a home in Southern Nevada has stayed steady over the past year, according to Las Vegas Realtors, however, there are fewer listings of homes for sale. The median sale price of a single-family home in the Las Vegas Valley for September was $450,000 — the same as September of last year, […]
THE COST OF HOMES ARE REMAINING STEADY
The cost of buying a home in Southern Nevada has stayed steady over the past year, according to Las Vegas Realtors; however, there are fewer listings of homes for sale. The median sale price of a single-family home in the Las Vegas Valley for September was $450,000—the same as September of last year, according to […]
AUGUST LUXURY MARKET IN LAS VEGAS SET AN ALL-TIME RECORD
August 2023—what a month for the luxury market in Las Vegas! A sale for $21.25 million in The Summit Club in Summerlin led Las Vegas’ existing home luxury market and recorded its best August in history. Plus, the luxury market had its highest number of sales since June 2022. The Summit Club sale was the […]
HOME BUYERS ARE EYEING MORE AFFORDABLE TOWNHOMES
If you want to stop renting and buy your own home in the Las Vegas Valley and have found single-family homes out of your price range, you should consider buying an attached home known as a townhome. Las Vegas set a record in May when 29.1 percent of new-home sales were townhomes. This trend shows […]
HOMEBUYER ACTIVITY IS STRONG THAN NORMAL THIS YEAR
Good news for homeowners who would like to sell their existing homes! Have you been putting off selling your home since you feel no one’s buying due to mortgage rates? Know this – the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Below is the data to prove it. The ShowingTime […]
