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 […]
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DOWNTOWN LAS VEGAS CONDO – JUHL
When looking for a loft-style high-rise in Downtown Las Vegas, there is the luxury condominium community of Juhl that spans an entire city block. The chief marketing officer of Juhl just announced record sales of 27 condos valued in excess of $10.7 million in the first quarter of 2022. This leaves fewer than 70 condo-homes […]
AS LAND PRICES RISE IN LAS VEGAS, HOMEBUILDERS LOOK TO MESQUITE AND PAHRUMP
Land prices have been rising in Las Vegas quite rapidly this past year, leaving home builders to find new rural communities scattered around Southern Nevada for new projects. The majority of the major builders in the region have been investigating properties to purchase in outlying areas such as Pahrump, Indian Springs, Moapa Valley, Mesquite, and […]
LAS VEGAS HOME PRICES HIT RECORD IN OCTOBER
It’s been a crazy year for the Las Vegas real estate industry. Despite job losses created by the pandemic, Southern Nevada’s housing market has seen rapid sales and record-high prices. Buyers have flooded sellers with offers and routinely paid more than the asking price. This is thanks largely to rock-bottom mortgage rates that have let […]
HOUSING MARKET IN LAS VEGAS STABILIZING, HOWEVER STILL SETTING RECORDS
In Las Vegas and all of Southern Nevada the median sale price of a single-family home is up 20.5% from a year ago, according to a report released by The Las Vegas Realtors a few days ago. The group said the median sale price of $406,500 for September established an all-time record in the area […]
HOUSE FLIPPERS BUYING LOTS OF HOMES IN LAS VEGAS
Southern Nevada has seen “iBuyers” also known as house flippers grab a bigger chunk of the market in recent months amid a broader surge of investors snapping up homes, according to a new report. Real estate firms that started in Southern Nevada and other cities in the United States in recent years to flip houses […]