Two areas in the Las Vegas Valley are leading the pack so far in home sales in 2024, according to Clark County property records.
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Summerlin’s affluent The Summit Club dominated the list of the top five single family home property sales.
Residents are facing a move in a tight rental market as Las Vegas ends the Neighborhood Stabilization Program. As the final 61 homes are sold, the city said no one will be evicted and assistance is offered.
Mark Wahlberg has paid a fortune for a plot of land in a wealthy Las Vegas enclave, records indicate, raising the prospects that the movie star will build a house in America’s casino capital.
The buyer, British businessman Simon Dolan, made headlines for challenging the U.K. government in court over the country’s pandemic lockdowns.
The Summerlin estate has been on and off the market over the past few years and was priced at $24.5 million last fall.
The deal’s acreage and dollar amount were on par with, if not higher than, recent full-year land sales totals in the community.
The former casino mogul’s opulent estate in Summerlin spans 15,000 square feet and includes an art room, a crystal staircase, silk carpets, and marble pillars, according to listing materials.
Lennar Corp.’s prices in the community exceed the typical sales price of a newly built house in the Las Vegas area.
Howard Hughes Corp. is developing an office building next to Las Vegas Ballpark and 295 apartments nearby.