After opening in the middle of the pandemic, a luxury Las Vegas apartment complex has been sold for a fortune.
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More than 50 percent of Las Vegas-area homes that sold in April got picked up within a week of going on the market.
Demand is fierce and inventory is minimal in the Southern Nevada rental home market, where a report shows prices have jumped 11.3 percent year over year in April.
Two upscale apartment complexes in Symphony Park are bringing a wave of new units to downtown Las Vegas.
Kristen Routh-Silberman listed a sleek Henderson mansion for $12.5 million early this month, and within days, she said, she was negotiating two offers.
The median sales price of previously owned single-family homes was $375,000 in April, up 21 percent from a year earlier.
The newly built Elysian at Tivoli, on Alta Drive just east of Rampart Boulevard, is part of a yearslong apartment construction boom in the Las Vegas Valley.