Despite a historic slump in sales, home prices in Las Vegas continue to rise, driven by a tight housing supply and strong demand. In April 2024, the median price of single-family homes reached $460,000, showing significant month-over-month growth. This trend is evident across various market segments, including the luxury sector, where sales of homes priced at $1 million and above have surged. The Continue Reading
How Luxury Homes are Affecting Las Vegas
Las Vegas luxury homes have consistently set new standards for opulence and extravagance. With each new development and listing, these properties redefine luxury living, offering an array of lavish amenities and cutting-edge features. From state-of-the-art smart home technologies to breathtaking panoramic views of the iconic Las Vegas Strip, these residences spare no expense in providing Continue Reading
Las Vegas Current Housing Market
As of recent trends, the Las Vegas housing market has exhibited robust growth and increased demand. Home sale prices have surged, with a notable 34% increase in February 2024 compared to the previous year. This price appreciation can be attributed to a combination of factors, including low housing inventory, strong buyer demand, and favorable mortgage interest rates. The limited supply Continue Reading
Las Vegas Pushing the Breaks on the Housing Market
https://www.reviewjournal.com/business/business-columns/real-estate-insider/mortgage-rates-slide-but-las-vegas-housing-market-has-foot-on-brake-2692509/ The number of homes for sale here is climbing at a slower pace than the nation as a whole. There are also fewer homes selling at prices that are higher than the national average. And Las Vegas is home to many large-batch purchases, Continue Reading
Las Vegas Home Prices Hit a New High
https://www.worldpropertyjournal.com/real-estate-news/united-states/las-vegas/real-estate-news-las-vegas-home-prices-may-2021-las-vegas-realtors-2021-housing-reports-covid-19-impact-on-las-vegas-home-prices-aldo-martinez-12561.php In May, the median price of family homes hit a new high of $385,000. The median is up 22.2% since last year. The drastic change is also due from the Continue Reading
Condos in Las Vegas are Becoming Difficult to Find
https://www.reviewjournal.com/business/housing/las-vegas-condo-market-heats-up-2376976/ Due to recent events, the Las Vegas housing market is short of demand. Everything on the market is getting picked up fast. Condos, which are usually not as popular as single family homes, are in command. Condos are being sold at a rapid pace. Continue Reading
Median Housing Prices Reach Record High
https://vegasinc.lasvegassun.com/news/2021/mar/08/median-home-sales-price-in-las-vegas-hits-record-h/?_ga=2.161676860.1691465652.1616349272-1593823934.1616349272 The Las Vegas home prices have hit a new record high. The housing market is still a sellers market. The time is now to sell your house. From last February, there has been a 60% drop in houses being put on the market with an Continue Reading
Apartments Being Built Next to Meadows Mall
https://www.reviewjournal.com/business/housing/developers-break-ground-on-apartment-complex-near-meadows-mall-2300064/ Marty Burger is back and already starting projects. In the last couple years, apartment complexes haven't stopped being built, especially in Southern Nevada. Building next to Meadows Mall is questionable since it’s lack of business. Due to CoronaVirus and other malls Continue Reading
Housing Prices Rise
https://vegasinc.lasvegassun.com/business/real-estate/2020/oct/06/supply-tight-las-vegas-home-prices-all-time-high/?_ga=2.28902716.1285819573.1612217202-10577187.1612217202 Las Vegas’s limit of houses available is causing home prices to increase. The median high of home prices in September was $337,250. It set a record for a high in price. Without a range of a large supply of homes, the few Continue Reading
Las Vegas House Prices
https://www.reviewjournal.com/business/housing/las-vegas-home-prices-set-record-high-for-5th-straight-month-2177012/ Las Vegas house prices continue to stay at a high for the 5th month. The prices have gone up 0.9% since September. The availability of homes has been going down throughout the year. Before the pandemic, Las Vegas’s median house prices had reached a high for the Continue Reading
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