Cities like Las Vegas can become so popular because of their lower prices that the “affordability starts to vanish,” a Zillow economist said.
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South Beach, in the southwest valley, boasts poolside cabanas, a huge outdoor TV, an outdoor gym, a sports field and other amenities.
The median sales price of previously owned single-family homes reached a record high of $450,000 in February.
A local developer has launched a new apartment project in downtown Las Vegas after he built and leased one up in the Arts District.
The eight-bedroom, nine-bathroom house features a Roman-style interior, an indoor fountain, custom chandeliers, a home theater, a security room and marble flooring.
Southern Nevada home builders “continue to operate at full capacity, selling everything they release,” says a new report.
After building and then selling two upscale apartment complexes near the Strip, developer Jonathan Fore is set to construct another one.
The 8,684-square-foot house and nearly 1-acre lot next door were listed Feb. 9 for $7.5 million and apparently went under contract with a buyer on Feb. 18.